poultry, meat, dairy top list By Wisdom JONNY-NUEKPE Imports of key consumer-oriented products into the country reached US$1.25billion last year, according to the United States Department of Agriculture (USDA). The amount, though a decrease of about seven percent compared to 2022, the value -USDA asserts - is still worrying as the...
Following an assessment from an International Monetary Fund (IMF) staff report that emerged after the second review of Ghana’s 36-month Extended Credit Facility Arrangement, government has set a new indicative target to limit total disbursements under pre-Cut-Off Date (CoD) facilities to US$250million annually over the period of 2024-2025. This measure...
By Felix ADDO, President of the Ghana Restructuring and Insolvency Advisors This is a summarized article of that published in the national insolvency journal, Corporate Insolvency and Restructuring Journal. “Restructuring” has become a household word in Ghana these days and for good reason. Most informed readers are aware of the...
By Ernest Bako WUBONTO Renowned Nigerian businesswoman, motivational speaker and accomplished author, Dr. Ibukun Awosika, has emphasised that the primary challenges to empowerment in Africa are economic rather than gender-based. The leadership expert, who served as the first-ever female Chairperson of First Bank of Nigeria and has extensive experience working with...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU Government has set a new indicative target to limit total disbursements under pre-Cut-Off Date (CoD) facilities to US$250million annually over the period of 2024-2025. This measure aims to keep disbursements within programme targets while addressing challenge posed by the significant volume of...
By Ebenezer Chike Adjei NJOKU Equities will remain a top asset class of choice for investors in the second half of 2024 (2H24), Manpreet Gill, the Chief Investment Officer for Africa, the Middle East, and Europe at Standard Chartered has said. The asset class has witnessed a revival in recent...
The break-even point (BEP) and break-even analysis are related financial concepts used to assess a business's financial health. The break-even point is the specific level of sales at which total revenues equal total costs, meaning there is no profit or loss. It is calculated by dividing fixed costs by...
 By Célestin MONGA After being disparaged and disdained for decades, industrial policy is back on the global economic agenda. Perhaps the strongest evidence of industrial policy’s rehabilitation is a recent international conference on rethinking structural transformation, cosponsored by the International Monetary Fund and attended by some of the world’s most...
Banking consultant Dr. Richmond Akwasi Atuahene is calling for increased scrutiny of fintech companies operating in Ghana’s remittance sector, amid concerns about discrepancies in reported figures and potential impacts on foreign exchange reserves. In fact, Dr. Atuahene wants the Bank of Ghana (BoG) to commission international audit firms to conduct...
By Joshua Worlasi AMLANU [email protected] Consumer inflation declined to 22.8 percent in June 2024, down from 23.1 percent in May, according to the latest Consumer Price Index (CPI) report released by the Ghana Statistical Service. This marks the lowest year-on-year inflation rate the country has seen in 28 months, offering a glimmer...