– transforming from design to actual transformation
The expression “Failing to plan is planning to fail” is widely attributed to Benjamin Franklin, famous for his role in signing the declaration of independence and many other things, making him an icon of American history; these words make so much sense and...
… becomes a feature of western leaders’ visits to West Africa
Cape coast Castle has, since becoming a tourist site, attracted many tourists to Ghana and continues to be a feature of western leaders who visit Africa, especially the western part. A visit to the Cape Coast Castle or the...
The recent bank collapses in the United States seem to have an obvious cause. Ninety percent of the deposits at Silicon Valley Bank (SVB) and Signature Bank were uninsured, and uninsured deposits are understandably prone to runs. Moreover, both banks had invested significant sums in long-term bonds, the market...
Development Bank Ghana (DBG) and the University of Ghana Business School (UGBS) have signed a Memorandum of Understanding (MOU) to deepen development finance knowledge, innovations and its impact.
The collaboration aims to build capacity for small and medium-sized enterprises (SMEs), support youth-led businesses and enhance the understanding of development finance.
As...
Ghana’s domestic debt exchange programme (DDE) can have significant implications for financial institutions, particularly banks and non-bank financial institutions, and can pose challenges to financial stability. The potential impact on banks' balance sheets and earning potential as well as the risk of capital shortfalls and liquidity pressures requires careful...
The Group Head of Strategic Business Process Solutions Ltd (SBP) Africa, Mr. Akugiri Atoni Lamisi poignantly told final year students at the University of Cape Coast that, “You are not here to be trained to be employed, but you are being trained to provide solutions”. He said this when...
Money laundering is a global phenomenon that poses a threat to the stability and integrity of financial systems around the world. In response to this threat, many countries, including Ghana, have implemented anti-money laundering (AML) regulations to prevent, detect and combat money laundering activities. Ghana's AML Act has been...
Civil Society Organisations (CSOs) operating within the education sector, in collaboration with pre-tertiary level teacher groups, have issued a clarion call for government to painstakingly safeguard the entire education sector’s funding streams and revenue allocations against International Monetary Fund (IMF) austerity measures.
They are concerned about how government is significantly...
Ashfoam Ghana, a leading producer and distributor of mattresses, in partnership with the Ghana Hotels Association (GHA), has introduced a loyalty card that will aid hotels in purchasing the former’s products at discounted prices.
The card, which was launched in Accra, is aimed at establishing a practical framework for the...
The Development Bank Ghana (DBG) has announced plans to introduce a partial credit guarantee product to the market this year, as part of plans to encourage more investments in high-risk sectors of the economy like agriculture.
The partial credit guarantee product will allow financial institutions, particularly banks, to invest in...