The country faces losing a staggering US$3.8billion in World Bank funding over five to six years after passing a controversial ‘Anti-LGBTQ’ bill last month, warns a leaked government document. The draft Proper Human Sexual Rights and Ghanaian Family Values Bill triggered international backlash upon parliamentary approval on February 28. According to...
In the competitive business world, understanding your enterprise's financial foundations is beneficial and essential for survival and growth. Among the most crucial financial metrics entrepreneurs must grasp are Profit, Margin, Profit Margin, Net Profit, and Net Margin. Each of these terms, while interconnected, offers unique insights into the financial...
By Emmanuel Owusu Agyei AMPEM My friend Charlotte of ENI has always been arguing; and she talks to me about climate change and its effects on modern economies. She has been so passionate about it that she tells me how her application to join the just-ended COP 28 was rejected...
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 & Ebenezer Chike Adjei NJOKU Amid heightened corporate demand and persistent foreign exchange (FX) pressure, the cedi continues to grapple against major trading currencies, reflecting mounting concerns over inflationary pressures and liquidity dynamics. This is despite the over US$106.10million injection into the FX market through the Bank...
By Ferdinand D. Adadzi Introduction The economy is going through challenges. The government has admitted this, knowing this is an election year. The opposition has trumped it as the basis of voting them back into power. Both the government and the opposition are, therefore, in agreement on this. If there is...
By Ebenezer Ashley (PhD). The concept of inflation has attracted diverse theories from different economists across the globe. Economists with varied forms of theories on inflation are grouped into two. These include structuralists and monetarists (Nitisha, n.d.). Structural economists assert, inflation is the end-product of the imbalances inherent in economic...
…a call for lower business costs, better living standards By Enyonam APETORGBOR Ghana’s economy, once hailed for its robust growth and potential, faces significant challenges marked by a slowing growth rate, rising debt and inflationary pressures. Amid these economic strains, the imposition of increased taxes and the introduction of new ones...
following Kasapreko’s fully subscribed GH¢150m issuance By Ebenezer Chike Adjei NJOKU [email protected] The Ghana Stock Exchange (GSE) is projecting increased participation from domestic businesses, particularly indigenous firms, following the 100 percent fully subscribed bond issuance by Kasapreko PLC, a prominent beverage manufacturer. Managing Director Abena Amoah expressed optimism, stating that the...
GH¢4.28bn in cash coupon payments GH¢3.24bn in coupon payments-in-kind (PIK) GH¢57.88m to holders of old bonds maturing on August 1, 2039. By Joshua Worlasi AMLANU [email protected] The Treasury is set to settle the second coupon payment on new bonds totaling GH¢4.28 billion in cash payments, this week, possibly spurring the market’s...