Ghana expects the International Monetary Fund's board to approve a US$3billion loan in May, Finance Minister Ken Ofori-Atta said in a presentation last week Thursday. The country secured a staff-level agreement with the IMF for the US$3 billion support package in December. But the fund requires bilateral lenders to provide...
From the earliest days of human civilization, our understanding of value has shaped how we interact with the world. The concept of assets — items or resources that hold intrinsic or perceived worth — has undergone countless transformations as societies and economies evolved. Today, we live in a world...
Investors in 22 of the 38 stocks listed on the Ghana Stock Exchange (GSE) experienced no capital gain or loss in the first quarter of the year, as only 16 stocks saw price movement during the period, an analysis by the B&FT has shown - with some of the dormant stocks...
The Strategic Youth Network for Development (SYND) has organised a workshop for the departmental heads in the Asante Akim North Municipality Assembly of the Ashanti region. The engagement sought to build the capacity of the departmental heads towards the mainstreaming of renewable energy and energy efficiency in the implementation plan...
…as inflation drops significantly to 45% in March 2023 Market observers are predicting that the Bank of Ghana (BoG) Monetary Policy Committee (MPC) will keep the benchmark policy rate at its current level in the next meeting in May, following a significant decline in consumer inflation to 45 percent in...
Amid renewed investor participation in the equities market, the Portfolio Manager at EcoCapital Investment Management Limited, Elliot Amponsah, has advised investors to diversify their investments in the stock market to mitigate risks. According to him, equities come with a higher level of risk than other asset classes - making it...
 …has only 54 officers instead of 800 The Department of Factories Inspectorate (DFI) says an estimated 800 inspectors are required to effectively oversee the supervision of factories’ health and safety needs nationwide. The department currently has only 54 inspectors across the country, and says it will need over 700 new hands...
The 3rd edition of KUSI Consulting HR Professionals Brunch (HRPB) will be held on Thursday, May 18th at the Fiesta Royale Hotel in Accra The HR Professionals Brunch is an event intended to bring together transformational Human Resource leaders and decision-makers at a venue where they can establish and nurture...
The Head of Investment Banking at Stanbic Bank Ghana, Kobby Bentsi-Enchill, has underscored the need for the country to pay close attention to developing its domestic capital markets. Speaking at the official listing of Bayport Savings and Loans’ Bond Issue at the Ghana Stock Exchange, Mr. Bentsi-Enchill said such...
…says hike in MPR, CAR may impact banks negatively Banking and corporate governance consultant Dr. Richmond Atuahene has called on government to lessen macroeconomic uncertainty by taming inflation to meet growth-enhancing targets while promoting policies to reduce high lending rates. With inflation currently sitting at 52.8 percent, he said, it is imperative that...