The Ghana Stock Exchange (GSE) has recorded its longest-ever drought without an Initial Public Offering (IPO) on its main board, as the country’s worst economic crisis in decades continues to weigh on the market.
The GSE has gone five straight years without an IPO - the sleepiest stretch since 1991...
The Ghana Revenue Authority (GRA) has projected total non-oil tax revenue (gross) for 2021 at GH¢57 billion, a report of 2021 budget estimate for the Authority by the Finance Committee of Parliament has stated.
The figure is about GH¢12 billion from last year’s outturn of GH¢45 billion. The target, the...
Markets in Africa’s cities are central to the food chain. But many had to close because of COVID-19 measures.
In countries across Africa, the public health restrictions imposed to deal with the COVID-19 pandemic have thrown many people out of work. Cities face the risk of widespread hunger, with the...
...as concerns linger over appetite for debt, effects on equities
Amid the deterioration in investor confidence due to elevated concerns over the nation's sovereign fiscal and debt sustainability, which have resulted in a sudden tightening of the Eurobond market against Ghana, government in its 2022 budget must outline measures...
A joint operation by the Bank of Ghana and Ghana Police Service has resulted in the arrest of 76 illegal forex dealers - popularly known as the ‘black market’ on the streets of Accra - in a move to end the age-old practice that has significant implications for the...
The Sustainable Development Goals (SDGs) are global development goals setup up by the UN with consultation from it partner states and other partner institutions.
The main objective of these goals is to eradicate poverty, ensure sustainable development and environmental protection.
The UN and all its partners believe that these objectives can...
The Ghana Stock Exchange (GSE) has approved a request by the Ghana Association of Banks (GAB) to extend, by one-month, the filing of 2022 audited financial statements.
The request by GAB was made on behalf of eight listed bank and will now move the date to April 30, 2023 instead...
President Nana Addo Dankwa Akufo-Addo has, once again, reaffirmed his administration’s support for any private company which was ready to help in advancing the progress of the country.
“I want to reiterate that I am particularly keen to assist any private company which is ready to advance the progress of...
… Any lessons from Ghana’s 2007 exercise?
A few weeks ago I arrived in Sierra Leone (Salone), and while at the Airport I was asked to undertake another COVID-19 test. To my surprise, while the COVID test was US$80, I was asked to pay the equivalent of SLL800,000. Your guess...
A 35-member business delegation from Bavaria, Germany, was in the country last week to explore business opportunities for the mutual benefit of the two countries. The delegation is the first trade mission from that region to Ghana and was focused on partnering Small and Medium Enterprises (SMEs) which are...