CREDIT INSURANCE  In the intricate ballet of the business world, sustaining a harmonious flow between trade receivables and ensuring that the cash flow remains uncompromised is pivotal. In this delicate dance, credit insurance takes centre stage, acting as a formidable shield against the potential pitfalls of non-payment and unforeseen financial...
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...
Despite recent progress on restructuring the country's debt, short-term interest rates exceeding 30 percent are undermining the savings achieved according to Leslie Dwight Mensah, an economist at the Institute for Fiscal Studies (IFS). With domestic markets as the sole financing source, he said, government remains vulnerable. "If stronger fiscal consolidation...
Dr. Ernest Addison, the Governor of the Bank of Ghana (BoG), has expressed unwavering optimism regarding the nation's economic recovery, despite the challenges ahead. His remarks came during a joint press conference with the International Monetary Fund (IMF) following the successful completion of the first review of Ghana's US$3billion, a...
By Ebenezer Chike Adjei NJOKU President Nana Addo Dankwa Akufo-Addo, in his swansong State of the Nation Address (SONA), has offered assurance that recent ministerial reshuffle, particularly at the Ministry of Finance, will not impair the efforts to restore economic stability. Exactly a fortnight ago – on Wednesday, February 14 –...
By Joshua Worlasi AMLANU [email protected] Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to...
The Ministry of Sanitation and Water Resources (MSWR) has begun an emergency evacuation of heaps of refuse at illegal dumpsites at the Nkawie MA Primary School and others in the Atwima Nwabiagya Municipality in Kumasi in the Ashanti Region. However, the exercise at a third illegal dumpsite at Akrofrom near...
According the International Finance Cooperation (IFC), certified Green Buildings in Ghana comprised around 1% of new builds in 2020.  While Ghana has a vibrant real estate market, the Green Building market continues to be nascent. The country’s broad housing deficit, small formal construction market and number of developers, insufficient...
Civil Society Organizations (CSOs) have called on government and all political parties to help empower the local seed industry by providing an enabling environment and logistical support to ensure that Ghana is seed sufficient. The CSOs believe that government and political parties can, through their manifestos and policies, safeguard input...
Sometimes something might seem like bad news but could turn out to be a blessing in disguise. It is an open secret that the outbreak of coronavirus (COVID-19) has been a catastrophic turn of events in economies and business. However, it has also created business space for others to...