analysts cite ‘double standards’, say it stifles FDIs inflow Failure of the financial sector’s four regulators to publish their respective annual reports in a timely fashion has raised concerns among industry experts and stakeholders alike - who say it represents double standards and dampens confidence, particularly at a time...
Low productivity is becoming a serious challenge for businesses in Ghana, impacting adversely on enterprise competitiveness, especially in the wake of the African Continental Free Trade Agreement (AfCFTA), Director, Industrial Relations of the Ghana Employers Association (GEA), Joseph Kingsley Amuah, has said. “It is sad to note that productivity and...
The government of Ghana’s domestic debt management plan is getting murkier each day, and is dotted with uncertainties. From Finance Minister Ken Ofori-Atta’s highly-trumpeted announcement that Ghana would not go to IMF for a bailout then resorting to it - and the unfolding debt management plan, it appears something...
Mama Love Foundation, an Obuasi based Non-Governmental Organisation, has embarked on a charity programme this Christmas dubbed ‘lend a hand, give a can; sharing is caring' The NGO distributed sumptuous jollof rice with meat and assorted drinks, hampers, gifts bags, money and more to the needy, orphans and widows in...
United Bank for Africa (UBA) Ghana Limited has introduced a flexible loan product designed to give easy access to credit to all government workers. UBA Ghana’s Chief Executive Officer and Managing Director, Olalekan Balogun, acknowledged the challenging economic situation due to COVID-19 and noted there is the need to stimulate...
The Chartered Insurance Institute of Ghana had its residential conference at the Rock City Hotel in the Eastern Region from the 8th – 11th of December 2021 under the theme, “Increasing Insurance Penetration and Coverage; Role of Regulation, Innovation, and Ethics. Unfortunately, I could not be there but I...
Since the Latin American debt crisis of the 1980s, sovereign debt crises have become a regular occurrence for emerging and developing economies. Today, Sri Lanka needs a bailout from the International Monetary Fund after defaulting on its foreign debt in May, and a growing number of low-income countries are...
Director-General of the Internal Audit Agency, Dr. Eric Oduro Osae, has disclosed that government initiated processes to restructure the Internal Audit Agency and effectively prevent financial irregularities in the public sector. The move is part of measures to ensure judicious utilisation of the International Monetary Fund’s (IMF) US$3billion three-year extended...
brand-new home of the Navara to start ramping up production Japan Motors’ brand new state-of-the-art automotive assembly plant has assembled 156 units since officially starting production at the end of March this year, 100 of which have gone straight to the local market for sale. The plant, the most technically...
OmniBSIC Bank has relocated its Tishegu branch to Aboabo on the North Nyohini Zogbeli Road, opposite the Evergreen Forest. The branch relocation seeks to provide customers with an enhanced ambience, convenience and accessibility. The move is also in line with the Bank’s objective of becoming a top-tier bank while continuing...