Total petroleum revenues accrued to the Petroleum Holding Fund (PHF) from Royalties, Carried and Participating Interest (CAPI), Corporate Income Taxes (CIT), Surface Rentals and income earned declined to US$638million in 2020 from US$925million in 2019. The decline, according to the 2020 Annual Report of the Public Interest and Accountability Committee...
Margin refers to buying shares of stock or other securities with a combination of the investor's own funds and borrowed funds. The buyer pays only a percentage of the asset's value and borrows the rest from the bank or broker. The bought securities are used as collateral on the loan. The margin...
The former Member of Parliament of Subin Constituency in the Ashanti region and former CEO of Ghana Cocoa Board, Isaac Osei was the distinguished guest on the latest edition of the most authoritative leadership show, Y Leaderboard Series. Here, the renowned economist sought to inspire the Ghanaian youths by sharing...
Chris Koney’s column Two hip hop heroes were formally inducted into the Rock & Roll Hall of Fame over the weekend inside the Rocket Mortgage FieldHouse in Cleveland, Ohio. LL Cool J, the larger than life, self proclaimed G.O.A.T., was (finally) enshrined for musical excellence after being nominated six times since 2010....
The Ambassador of Morocco to Ghana, Imane Ouaadil, has emphasised the Morocco-Nigeria gas pipeline’s significance - describing it as a major project that intersects strategic, economic and geopolitical interests of the sub-region. The project spans over 7,000 kilometres, intending to transport more than 8 billion cubic metres of natural gas....
Experts at this year’s Youth Economic Forum have made a strong case for the establishment of a competitive entrepreneurial environment - a move they say is critical to the country’s economic recovery, sustainability, as well as stabilisation of the cedi. They also called for deliberate and holistic policies aimed at...
“VALUE4HERConnect, Africa’s first agri-business intelligence platform aimed at facilitating growth and development of women owned agri-enterprises was launched in Accra by the Alliance for a Green Revolution in Africa (AGRA) this week. The platform seeks to expand women’s presence in markets where trade, access to new markets, nationally, regionally and...
After the coronavirus pandemic brought King's Day celebrations to a halt in 2020 and 2021, 2022 marks the first time in three years that people across the Netherlands will be able to don their orange and take to the streets in honour of the king's birthday! Different ways to celebrate koningsdag this...
In line with the company’s vision to lead the delivery of a bold new digital world to its customers and enable the company become a digital operator by the year 2023, MTN continues to undertake programmes and activities aimed at enhancing customer experience. Operating under the theme ‘The Year of...
The Minister of Finance, Ken Ofori-Atta has said the US$75 million facility extended by the African Development Bank (AfDB) to the Ghana Investment Infrastructure Fund (GIIF) will lead to additional resources to the Fund, in excess of US$700 million; more than double the typical rate for such a facility. The...