Aggrieved customers of First Fund are lamenting over the Securities and Exchange Commission’s (SEC) inability to retrieve their locked-up cash months after appointing a second Fund Management Company OctaneDC to oversee the distribution of the money.
SEC, took over the management of the Fund from First Banc and gave it...
Increasing sources of income for Africans are being realised through remittances, which have been observed as an important factor that impacts lives as well as brings about economic growth and development on the continent.
The theme of remittances was discussed by researchers and economists at the 12th African Economic Conference...
With inflation reaching decades-high levels and eroding investors’ real gains and purchasing power, talk of introducing inflation-indexed securities to the domestic market has begun to gather steam.
Inflation-linked bonds (ILBs) refer to securities that link their capital appreciation, or coupon payments, to inflation rates; allowing the variables to be adjusted...
It is only an unconventional means to finance gaps in budget
Former finance minister, Seth Terkper, says there are not enough reasons for government to justify the second coming of Special Purpose Vehicle, Agyapa Royalties deal, reiterating that the method may be just another unconventional means of filling in...
inflation, exchange and interest rates to stabilise
The Minister of Finance, Ken Ofori-Atta, has assured of improved economic stability with a successful completion of the Domestic Debt Exchange Programme (DDEP).
The programme, which he says forms part of government's response strategy to addressing the current economic challenges, will impact positively...
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...
As engagements continue with the International Monetary Fund (IMF), an economist and Fellow with the Centre for Social Justice (CSJ), Dr. Theresa Mannah-Blankson, has called on managers of the economy to as a matter of urgency initiate a conference with the three primary classes of creditors - multilateral, bilateral...
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...