…the dilemma of tax incentives and regulatory exemptions in special economic zones Regional and international trade agreements, increased awareness of emerging markets, and a deep desire to be seen as world-class are driving many companies to establish subsidiaries in developing economies. Perhaps no place has seen this rush more immediately...
Sovereign debt restructuring refers to the process of renegotiating the terms of a country's external debt, usually with the aim of reducing the burden of the debt on the country's finances. This process can have significant spill over effects on the financial sector, both domestically and internationally, as well...
Global funding from venture capital firms fell significantly amid recession fears Bucking international trends, funding to African start-ups grew in both value and volume Egypt, Kenya, Nigeria and South Africa continue to attract the most funding on the continent Increased capital flows could help support the continent’s development goals As...
AngloGold Ashanti (AGA) Obuasi Mine has donated an amount of GH₵1million to the Kwame Nkrumah University of Science and Technology (KNUST) Obuasi campus in the Ashanti Region. The gesture is part of AGA’s Socio-Economic Development Plan (SEDP) with commitment to contribute to the socioeconomic development of host communities through Community...
Ghana is a party to major international trade agreements involving the EU, the US and the African continent. Ghana’s export statistics showed a general growth until COVID emerged, then it sloped downward briefly but picked up again in 2021. About a quarter of Ghana’s economy is supported by exports....
Dr. Maxwell Antwi, Country Director of the PharmAccess Foundation in Ghana, has revealed that the Value-Based Care (VBC) system will be piloted in 60 healthcare facilities. He said all hospitals that will benefit from this initiative will be members of the Christian Health Association of Ghana (CHAG). According to him, 120...
A common belief held among economic and financial pundits is, inflation has strong influence on the value of financial assets. Stated differently, a strong relationship could be established between inflation and the value of financial assets in the global financial market. However, inflation occurs when there is a general...
Last weekend, we grudgingly received an unwanted guest. This guest brought a lot of dust. The atmosphere was laden with something that looked like harmattan but not quite. Well, we have been debriefed now that we were hit by a sandstorm. As unfortunate as this was, it was another...
Maritime Consultant and Legal Practitioner Dr. Emmanuel Kofi Mbiah has admonished government to take a critical look at the development of Ghana’s Blue Economy to provide a more permanent economic buffer to the nation’s perennial hardship. Speaking on the Eye on Port TV programme, Dr. Mbiah said it has become...
UBA Foundation’s Read Africa Initiative has donated boxes of African Literature books to the Presbyterian Senior High School (Osu Presec) to commemorate this year’s International Book Giving Day at a short ceremony in Accra. #BookGivingDay is celebrated globally as an initiative to increase children’s access to books, and get books...