Telecommunications giant, Vodafone Ghana and Africa’s fastest growing video-on-demand and TV platform, Wi-flix have teamed up to launch exciting entertainment offers for their customers in Ghana. Vodafone data customers can enjoy unlimited access on the online streaming platform that offers exclusive African and International content with daily, weekly and monthly...
Analyst says outlook still positive It would have ordinarily been expected that at this moment the local currency would be fast depreciating against the US dollar, considering the current politically-tense atmosphere following the December 7 general election; however, an analysis of the two currencies shows the cedi has remained...
The Cedi has persistent suffered a very high levels of depreciation.  According to Bloomberg the Cedi has lost about 60% 0f its value against the US$ this year, making it the second worst performing currency in the world after the Sri Lankan Rupees. The country has been burdened by...
The Board of Gold Fields has announced the appointment of Chris Griffith as the Chief Executive Officer designate and Executive Director of the company . Mr Griffith will succeed Nick Holland on 1 April 2021. Mr Holland, who was due to retire on 30 September 2021 after 13 years as...
By James OTCHERE Ghana has encountered significant financial difficulties in recent years, characterized by the government’s restructuring of its debt, elevated inflation rates, and a thorough cleansing of the banking sector. The implementation of Mark-to-Market valuation for mutual funds holding Government of Ghana Bonds has added complexity to the financial...
says investor confidence directly correlated with rising debt calls for increase in net export to drive post-pandemic recovery The nation’s enviable social and political stability, in comparison to its peers, has been a source of pride and a magnet for investments. However, it has had an indirect adverse effect...
Debt to GDP hits 59.3% Primary balance contracts to 3.4% Total revenue only 2.7% of GDP The macroeconomic data of the country is flashing red light signals of danger ahead, as it is showing rising debt levels against shortfalls in revenue amid the impact of coronavirus pandemic; thereby...
Auditing firm PwC is warning that government’s decision to mainly finance its 2022 fiscal deficit from domestic borrowing could prevent local businesses from accessing funds to expand their operations. In the 2022 budget presented to parliament by the finance minister, government is seeking to fund its projected fiscal deficit of...
Finance Minister Ken Ofori Atta seems be the beating heart of the 'new Ghanaian economy'. He went to parliament and presented a ‘boastful budget’, saying the economy is working. Ofori Atta said on the floor of parliament: “We have turned the economy around and our policies are yielding results and...
Financial Science expert, Professor Forster Kum-Ankama Sarpong, has called on organisations to recognize what he calls ‘latent’ talents in employees and help develop them to surmount the challenges posed by the coronavirus pandemic. According to him, despite the pandemic whisking many talents away in the form of loss of life,...