Financial literacy is a critical life skill that empowers individuals to make informed decisions about managing their money, planning for the future, and achieving financial goals. It encompasses a range of knowledge and skills, including budgeting, saving, investing, debt management, retirement planning, and understanding financial products and services. Financially...
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...
Banking institutions are becoming more and more susceptible to fraud over the years, although various control measures have been put in place. Fraudsters are now more versatile in designing their modus operandi to circumvent the control. The fraudsters could originate from both internal (employees) and external sources (customers, suppliers,...
Ghana’s Gross Domestic Product, (GDP), is most likely to hit a double digit in the next couple of years if the private sector is given the need financial support. According to the Alliance for Development and Industrialization, (ADI), “the country‘s GDP is poised to record double digit, if industries are...
Since the Latin American debt crisis of the 1980s, sovereign debt crises have become a regular occurrence for emerging and developing economies. Today, Sri Lanka needs a bailout from the International Monetary Fund after defaulting on its foreign debt in May, and a growing number of low-income countries are...
Finance Minister Ken Ofori Atta has revealed that the African Trade Insurance Agency has been instrumental in addressing the country's balance of payments challenges and supporting the local currency. Speaking at the ATI annual general meeting’s opening ceremony, Mr. Ofori-Atta said ATl’s intervention is helping Ghana maintain adequate foreign exchange...
Seven short films aimed at combatting COVID-19 misinformation have been produced by the 2020 cohort of the MultiChoice Talent Factory Academy, putting the talents of young African filmmakers to work on one of the biggest challenges of our time. The films are part of the United Nations’ Pause campaign, a...
Governor of the Bank of Ghana, Dr. Ernest Addison, has said that to restore confidence it is necessary for bold policies to be taken to repair some of the damage that prevailing global conditions have had on the local economy. In a speech read on his behalf by Head of...
For some people, yoga is gentle stretching and relaxation. For others, it’s about building strength, flexibility and coordination or even a hard-core workout. Make no mistake: yoga is most definitely an exercise with the potential to bring unique benefits and challenges. So what style of yoga should you choose? There...
The European Union and the Government of Ghana (GoG) have signed a €92.9 million budget support financing agreement to assist the country in its response to the COVID-19 pandemic as well as beef up security operations in the northern part of the country. Out of this special emergency budget support,...