Trade finance deals to drive African SME growth
The African Development Bank has laid out plans to support the growth of the continent’s free trade area by guaranteeing loans worth $7bn over the next five years to help companies sell their products across Africa.
That follows Afreximbank’s pledge earlier this year...
Professor John Gatsi, Dean-University of Cape Coast Business School, has expressed reservations about growth of the economy as captured by the gross domestic product (GDP); saying the industrial sector’s performance is casting doubt on the real impact of GDP expansion.
He emphasised that expansion of the economy should not be...
but says tough home-based policies remain an option
While government has resisted the temptation of seeking an International Monetary Fund (IMF) bailout, it remains the most viable option to restoring discipline says Dr. Sam Ankrah, President of Africa Investment Group.
The country’s last programme, an Extended Credit Facility with...
… as BoG, NCA, Police et al set up a fraud control dashboard
Vice President Dr. Mahamudu Bawumia has said government is waging an all-out war on cyber fraud, and as a result all relevant state and private institutions in the cybersecurity space have been brought together to form a...
For the fifth consecutive time, the Monetary Policy Committee (MPC) of the Bank of Ghana has maintained the policy rate at its current rate of 14.5 percent, following risks to inflation and fiscal deficit posed by the new wave of the pandemic.
After starting year 2020 well at a stable...
National sovereignty, peace, financial prosperity, and territory management have been the building blocks for independence. Although the world has entered a much more civilized and democratic era, human nature to win and rule has never changed. In the recorded human history of 3400 years, there has been peace for...
records a 139% jump in last year
27,110 jobs created
The Ghana Investment Promotion Centre (GIPC) is optimistic that it will rake in some US$3billion in Foreign Direct Investments (FDI) inflows during 2021 after an impressive show in 2020.
With the impact of COVID-19, which saw FDIs across the globe...
The Paris Club's formation of an Official Creditor Committee (OCC) has given impetus to the nation’s efforts to restructure its debt and finally secure a US$3billion facility from the International Monetary Fund (IMF), following a staff-level agreement that was reached on December 12, 2022.
The OCC, which is composed of...
The Securities and Exchange Commission (SEC) has issued new capital requirements for market operators in the Ghanaian Capital Market Industry.
A press statement by the SEC explained that the new directive is in accordance with Section 209 of the Securities Industry Act 2016, (Act 929).
According to the commission, the move...
The market anticipates an elevation in Treasury bill yields throughout Q1 and Q2 of 2024, with the Treasury market retaining its position as the primary commercial financing avenue for government.
Consumer price inflation has notably decelerated - dropping to 26.4 percent as of November 2023 on the back of favourable base effects in recent times.
Despite the expected...
