Despite several delays in the processes to conclude work on the regime to guide the sourcing of legal timber for the consumption of the local wood industry and the export market, it has emerged that plans are now far advanced to commence and test the FLEGT licensing regime this...
Yes, I actually wrote that. Working in or around finance in Ghana requires learning forex markets. You must read Bank of Ghana reports, watch trade flows, foreign fiscal and monetary policy. Because you never know what’s going to happen with the Ghana Cedi – but right now I’m concerned about...
The Minority Caucus in Parliament has become aware of findings contained in the decision of the Commission on Human Rights and Administrative Justice (CHRAJ) on a complaint filed against the Finance Minister over the infamous US$ 2.25 billion bond in March this year. Contrary to some publications on a number...
Digital infrastructure and agriculture in Africa are key growth areas that are expected to attract a higher level of investment, a panel of financial experts said during the fourth Global Business Forum on Africa in Dubai. Addressing a panel discussion entitled, "Funding African Business – Deal Makers or Risk Takers",...
Business and Financial Times’ Dominick Andoh has won the coveted “Best Financial Reporter” at the 22nd Ghana Journalists Association (GJA) Awards held at the State Banquet House on Wednesday. The award was in recognition of his penchant to critically analyze financial data and present it in clear and simple terms...
Investors are very upbeat about growth projections and could turn to Ghana for more business, RMB Research’s 2018 outlook on African countries has pointed out. These investors, especially offshore ones whose appetite for longer dated local currency denominated debt keeps growing, believe that improved economic indicators, fiscal consolidation, rising oil...
The World Bank approved today a $200 million International Development Association (IDA)* credit to support Ghana in strengthening its institutions, improving competitiveness for job creation, and maintaining social safety nets to protect the poor and vulnerable. The Second Macroeconomic Stability for Competitiveness and Growth Development Policy Financing (DPF) operation will...
The country’s Gross Domestic Product (GDP) expanded 9.3 percent in the third quarter of 2017, anchored on growth in the industrial sector, the Ghana Statistical Service (GSS) has revealed. The figure represents a 0.3 percent increment from what was recorded in the previous quarter, and 4.7 percent higher than the...
The Business Development Minister, Ibrahim Mohammed Awal, has said government’s vision of building a Ghana beyond aid is anchored on the creativity of young people who can venture into business and create employment for themselves and others. Mr. Awal, speaking at the first-phase of training for the National Entrepreneurial and...
Property rental for Ghanaian Missions abroad cost the Foreign Affairs Ministry an estimated GH₵62m, or approximately US$14m in 2017, a report of the Committee on Foreign Affairs has revealed. The amount covers rent payment for Ghanaian Missions in 52 cities across the world, comprising Africa, America, East Europe, Asia and...