Official Receiver and Liquidator of the collapsed nonbank financial institutions, Eric Nana Nipah indicated that investigations revealed owners of some of the Collapsed financial institutions used monies deposited in their firms to purchase homes in foreign countries.
This makes a good case for prosecution of some of the owners of...
Finance Minister, Ken Ofori-Atta is expected to present the government’s mid-term budget review to Parliament on Thursday, while speculation is rife about the negative economic impact of the novel coronavirus on government projects and programmes.
Mr. Ofori-Atta was engaged by a section of the media on his expectations and we...
Renewable energy offers a clean and sustainable future for Ghana and Africa in a post COVID-19 world, Raymond Nuworkpor, Research and Policy Analyst at the Institute for Energy Security (IES), has said.
“It is the resilience of renewables to the COVID-19 pandemic, combined with the falling cost of power generation...
Improve transparency, and
Control corruption
For Africa to see acceleration of its infrastructural development, it will be necessary to implement policies that will limit political pressure on procurement processes; improve integrity standards; enforce internal controls for corruption and enact monitoring schemes that will improve efficiency of projects, the...
His choice of occupation surprised his friends. He went to an elite school in Accra. He continued abroad for both his first and second degrees. He could have stayed and got a far more ‘reputable’ job and earned good money. But he came down to settle with his people...
Hand in hand, banks and Financial Technology (FinTech) firms can speed up efforts to digitise the economy and drive financial inclusion, as well as create endless opportunities; but only if they can work as partners and not rivals, an expert has said.
According to Sebastian Yalley, Chief Executive Officer of...
…as NPLs begin to inch up
Banks and other financial institutions face the risk of seeing their loan defaulters increase this year, as data from the Bank of Ghana shows the Non-Performing Loans (NPLs) have started rising due to the challenging business environment brought on by the coronavirus pandemic.
After declining...
Only 22% of people testing positive for coronavirus reported having symptoms on the day of their test, according to the Office for National Statistics.
This hammers home the role of people who aren't aware they're carrying the virus in spreading it onwards.
Health and social care staff appeared to be more...
President Nana Akufo-Addo has sent a congratulatory message to Ms. Valentina Mintah, founder and former Chief Executive of West Blue Consulting for her appointment as a member of the International Chamber of Commerce (ICC) Executive Board, assuring her of government’s full support.
Ms. Valentina Mintah’s appointment makes her the first...
CBOD advocates full utilization of oil resources now
COVID-19 presents the best opportunity to refine the Ghanaian economy by making it less reliant on imports and boosting the opportunities for local entrepreneurs to sustain future growth, two major advocacy groups have noted.
Senyo Kwasi Hosi, Chief Executive Officer of the Ghana...