The Rent Control Act 1963, Act 220 under Section 255 states that no landlord has the right to take rent advance for more than three months and six months for residential and commercial areas. The Rent Control Department was created to ensure a favourable rent environment. Unfortunately, due to demand...
A chartered banker, accountant and economist - Dr. Williams Abayaawein Atuilik - recently addressed a one-day practitioners’ forum at KNUST where experienced, practicing professionals spoke to students on relevant topics - and the topic for the day was ‘Corporate Governance and Ethics’. Dr. Atuilik minced no words when he lay...
The Director-General of the National Development Reform Commission of China, Wang Jianjun, in is the country with a delegation that includes financial experts to confer with government regarding revival of the country’s ailing railway sector. The estimated cost required for revamping the country’s railway sector is US$7billion, and the Chinese...
Government’s flagship agriculture programme Planting for food and Jobs is designed to transform the agricultural sector and make it a more productive to ensure food self-sufficiency, as well as providing raw material to increase agro-processing for better returns. That’s all well and good, but a key sub-sector in agriculture is...
Vice-President Dr. Mahamudu Bawumia has announced that on May 1 - May Day, President Akufo-Addo will launch the Nation Builders Corps (NABCO) initiative aimed at tackling graduate unemployment in the country. The programme will operate seven modules designed to meet the nation’s pressing needs while providing jobs for the teeming...
Africa has the youngest population in the world and each year 10-12 million of its young people seek to enter the continent’s workforce…too many without success. This highlights the great challenge of youth unemployment but can also be seen as an opportunity for them to become the engine driving new...
Technology is, indeed, a great enhancer. Peoples’ lives have been made a lot easier and great feats have been achieved by technological advancement. A feature story in today’s edition of the B&FT by noted agriculture writer Nana Akyaa Akosa proves how technology has seen a country like Israel, which...
A World Bank economist, Albert Zeufack, believes access to electricity will lift productivity within and across sectors in Africa. To this end, Zeufack says African governments must fully embrace technology and leverage innovation to ensure quality, affordable and sustainable electricity. There are huge disparities in electricity access between rural and...
Recently the economy recorded one of its most impressive growth rates in recent times (8.5%) last year, which is the highest in five years. However, agriculture, considered the backbone of the economy, continues to see its contribution to GDP decline - and that is worrying. The sector’s contribution to GDP...
A United Nations Special Rapporteur on extreme poverty, Philip Alston who is on a 10-day fact-finding mission to the Greater Accra, Northern and Upper East Regions, has made some extremely revealing statements that we believe require our collective attention. And just to quote him: “Ghanaian politicians are immensely fond of,...