Amid the sustained historic slide of the cedi, the Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is proposing a raft of measures – immediate to long term – to stabilise the local currency on a “lasting basis”. In 2022, the currency depreciated by 30...
Africa’s emerging green technology giant, Agilitee Africa has introduced another groundbreaking tool for social media users; the first AI phone holder developed on the continent.  This solution, a product called Tarsier by Agilitee, targets vloggers, TikTok, Instagram, Facebook users and other live streaming service providers.  This product has a full AI...
By Barry EICHENGREEN COVID-19 is not going away, and other dangerous viruses may be coming. This means it’s time to face the grim truth: many of the pandemic’s effects on our economies and societies will be persistent, even permanent. Some of these changes are already evident. There is less demand for...
The enterprise unit of Vodafone Ghana, Vodafone Business has launched Business Runway Webinar Series to empower Small and Medium Scale Enterprise (SMEs) with the requisite skills, insights and opportunities that will enable them manage and build thriving businesses. The knowledge-sharing platform, which is also aimed at building the capacities of...
To support businesses come out of the pandemic’s quagmire and hasten the so much needed economic recovery, some reforms aimed at lessening the tax burden on businesses must be implemented, global auditing giant Deloitte has proposed. In its post-Mid-year Budget analysis report, the auditing firm has proposed a raft of...
MultiChoice Ghana has donated Personal Protective Equipment (PPE) worth over GH¢500,000 (US$100,000) to the Okomfo Anokye Teaching Hospital, Kumasi and Ga East Municipal Hospital, Accra intended for frontline staff in support towards the fight against the coronavirus pandemic. Speaking during the handover ceremonies, MultiChoice Ghana Managing Director, Cecil Sunkwa Mills...
Sends wrong signal to investors Former Finance Minister Seth Terkper has waded into the controversies surrounding the Agyapa Royalties Limited deal, saying the current structure of the company whereby it operates as an off-shore company will raise red flags about the country’s commitment to fighting money laundering – a...
I write this rejoinder in response to a story by Panbrose Salt Company Ltd dated 15th September, 2020 on the above - mentioned subject. Lease of land It is recalled that the James Town Stool leased a 5-acre land to me on 1st March, 2014 for Industrial Purpose. The land was...
The Association of Ghana Industries (AGI) has said that with the nation’s growing industrial interest, there is the need for the state to accelerate its efforts in adding nuclear energy to the national energy mix to guarantee reliable, cheap, predictable and accessible power to support economic growth. Chief Executive Officer...
The Corporate Insolvency and Restructuring Act, 2020 (Act 1015) (the “Act”) became law in Ghana on 30 April 2020. The Act prescribes the regime for the administration and restructuring of the affairs of distressed companies or for the liquidation of such companies. A company may be said to be financially...