B&FT yesterday held its fifth in the series of ‘Ghana’s Most Respected CEOs Breakfast Series’ with the theme ‘Bringing the Economy Back to Life: The Role of Banking and Finance’, where the Country Director for Deloitte Ghana, David Kwadwo Owusu, who was a panel speaker noted that with the...
The issue of Cocoa Produce Buying Companies (PBCs) adjusting their scales to cheat cocoa farmers of their due is not only sad but unconscionable. A private broadcasting station’s latest investigative documentary ‘Missing Kilos’ exposed the stealing of cocoa beans by clerks in licenced cocoa buying companies of the country. The...
Introduction Since the outbreak of COVID-19 in Ghana in March 2020, economic policymaking has been dominated by measures to address the many impacts of the pandemic. In particular, fiscal policy has been deployed on a massive scale to shore up the public health response to COVID-19 and also lessen...
The COVID-19 pandemic has brought about or created a lot of uncertainty, which is making it difficult for businesses to predict the future in terms of their business operations. With a lot of lockdown restriction imposed by government(s) and closure of non-essential businesses, business executives are worried about their...
It is such a pity that modern Ghanaian society has become so polarized that freelance writers and especially those who choose to write on banking related issues have to be extremely careful in what they write, when, and even how to write, lest they are branded as belonging to...
The impact of the COVID-19 pandemic on commercial contracts is inevitable. Issues of inability to perform and inadequacy of performance of contractual obligations as a result of the conditions brought about by the pandemic would be prevalent among contracting parties in the coming months. In all these, parties to commercial...
How do you navigate your way through a location you are not familiar with? This calls for the need of a directional map that shows you your current location and give you the opportunity to choose your destination. The lack and/or inadequate financial strategy we put in place puts...
Entrepreneurs always look for opportunities, in both good and bad times. Even in times of a national tragedy, business ideas can come out. And that is how one young entrepreneur, Sena-Emefa - who talked to the B&FT’s Inspiring Startups - conceived her business idea. After the sad incident of the...
Last week, President Nana Akufo-Addo unveilled the first locally-made Volkswagen (VW) vehicle - which marks the first phase the company’s operations in the country and will see the German carmaker produce three cars daily, with plans to increase production capacity in the second phase. The president noted that the production...
A new COVID-19 Business Tracker Survey conducted by the Ghana Statistical Service (GSS), in collaboration with the United Nations Development Programme (UNDP) and the World Bank, demonstrates the considerable impacts on Ghanaian businesses as a result of the pandemic outbreak. It forced many firms to cut costs by reducing staff...