A bond is typical fixed-income security that offers a fixed or guaranteed rate of return to the investor over a specified period of time. Nevertheless, the risk and return characteristics of individual bond investments vis-a-vis bond mutual funds are not the same. Depending on the peculiar investment objectives, some...
Government’s decision to extend the electricity subsidy programme, which will cost at least GH¢2billion in total, has been hailed as a move to boost consumers’ disposable income as it will reduce the burden of having to pay for power during the Coronavirus-induced economic crisis.
Captured under government's Coronavirus Alleviation and...
Despite the coronavirus pandemic heightening the risk of debt default by customers, banks have eased their credit stance to businesses for the next two months, Bank of Ghana credit conditions survey for June 2020 has revealed.
The Summary of Economic and Financial data published by the Bank of Ghana shows...
The new Vice-Chancellor of the Kwame Nkrumah University of Science and Technology (KNUST), Prof. (Mrs.) Rita A. Dickson has committed to pursuing substantial entrepreneurship content, as part of her vision to deepen KNUST’s contribution towards helping to tackle graduate unemployment, in the country.
This includes the setting up of Career...
The launch by Vice-President Dr. Mahamudu Bawumia of the US$7.5million Infectious Diseases Centre built by the Ghana COVID-19 Private Sector Fund, at the Ga East Municipal Hospital, is something worth celebrating.
Dr. Bawumia noted that the Centre celebrates Ghanaian ingenuity and patriotism, and dedication to humanity. The world-class facility was...
Declining trade volumes and values due to COVID-19 disruption in supply chains globally has had a serious effect on the wholesale, retail and distribution business in Ghana; thereby causing a ripple-effect on Specialised Deposit-Taking Institutions (SDIs).
In March 2020, the Bank of Ghana (BoG) announced a number of monetary policy...
The Customs division of the Ghana Revenue Authority has emphasised that from the 1st of November 2020 it will commence enforcement of the law that bans importation of salvaged vehicles into Ghana, barring any unanticipated circumstances and if all provisions stipulated in the law are fulfilled.
Speaking on Eye on...
In a confirmation earlier this week by National Chairman of the GPRTU, Mr. Kwame Kumah, the Ghana Private Road Transport Union (GPRTU) has reduced transport fares by 10% effective this weekend, August 1, 2020.
In collaboration with other stakeholders to announce and give an update on a reduction in transport...
A business idea can sound like a spiritual vision to people. Not everyone will understand, only the person who conceived the idea. That can be a little discouraging, especially when those closest to you feel you are wasting your talent with some kind of unfeasible or even unreasonable adventure....
Declining trade volumes and values due to COVID-19 disruption in supply chains globally has had a serious effect on the wholesale, retail and distribution business in Ghana; thereby causing a ripple-effect on Specialised Deposit-Taking Institutions (SDIs).
In March 2020, the Bank of Ghana (BoG) announced a number of monetary policy...