According to the Cybercrime Unit of the Criminal Investigation Department (CID), an amount of US$19million was lost to cybercrime in 1,097 cases reported in 2020.
Indeed, Cyber fraud is becoming a menace to efforts at digitalising the economy to benefit from opportunities in this era of digital economy. Across developed...
In its last three meetings, the Monetary Policy Committee of the Bank of Ghana decided to hike the policy rate twice - in the January and March sessions - while maintaining the rate in May this year (2023).
However, as the Committee prepares for its July meetings scheduled from July...
Minister of State at the Finance Ministry, Dr. Mohammed Amin Adam, is advocating for fast-tracking legislation to streamline the operations of non-profit organisations (NPO) in a bid to strengthen the country’s anti-money laundering regime.
Dr. Adam told Parliament it is high time a law was established to streamline the operations...
Government’s recently reached agreement with local banks to restructure approximately GH¢15billion (US$1.35billion) of domestically issued USD bonds and cocoa bills appears to have run into trouble.
Under the agreement, the USD bonds will be converted into two-term loans with lower interest rates, while the cocoa bills will be transformed into...
The rate at which medical practitioners are leaving the shores of Ghana is cause for grave concern if nothing is done to stem the tide, because it will negatively impact the country’s healthcare delivery.
According to Head-Department of Surgery, Korle-Bu Teaching Hospital (KBTH), Professor J.E. Mensah, at least three medical...
The country’s four financial sector regulators have failed to publish their respective annual reports, raising concerns among industry experts and stakeholders alike.
Consequently, they warn that failure of the Securities and Exchange Commission (SEC), National Insurance Commission (NIC), Bank of Ghana (BoG) and National Pensions Regulatory Authority (NPRA) to publish...
Market analysts rightly predicted a rise in the rate of inflation for June 2023, as consumer inflation again rose to 42.50 percent in June 2023 from 42.2 percent the previous month.
The Ghana Statistical Service (GSS) attributes the rise to renewed price risks stemming from implementation of revenue and utility...
Ghana’s Finance Ministry yesterday forestalled an impending picket by individual bondholders following complaints that their coupons were yet to be paid as promised.
However, in a statement, the Finance Ministry reiterated government’s commitment to maintaining open and constructive engagement with the CIBG leadership, while affirming its determination to fully implement...
While the country received an amount of US$776.5million from international donors between 2013 and 2017 to address climate change issues, fears arise that despite the huge amount and efforts required to tackle the growing concerns of climate there is no comprehensive climate change legislation to guide activities.
The United States...
Relying heavily on development partners for continuous support cannot deliver long-term benefits to the nation's economy. This therefore renews calls for the country to create and execute a strong domestic national development programme.
Professor Alexander Bilson Darku - a Senior Fellow at the Institute for Economic Affairs (IEA) - believes...
