Current challenges confronting the country present a great opportunity for investment advisors and fund managers to assist and contribute to resetting the economy by leveraging patient capital, Managing Director-Tesah Capital, Eugenia Basheer, has suggested.
Madam Basheer spoke to B&FT on the 2023 Money Summit’s sidelines, and maintained that the current economic situation...
The Ghana Integrated Aluminium Development Corporation (GIADEC) has been strategically established by government to add value to the country’s raw bauxite resources and phase-out raw exports of the natural resource in the short- to medium-term, President Nana Addo Dankwa Akufo-Addo has said.
According to the president, the real value of...
The Ghana Investment Promotion Centre (GIPC) has warned against a dubious funding programme for small and medium scale businesses, as captured in a Google Docx file, making rounds on social media.
In a statement, GIPC said the programme, which encourages interested businesses to submit key company details for fund distribution,...
Expose need for consumer protection and responsible online practices
Unauthorised money transfer, evasion of charges prompt investigation by BoG, card-issuers
Recent developments have shed light on card fraud schemes which have left some customers reeling from unauthorised money transfers and the subsequent avoidance of necessary charges.
The issue has raised...
Dealers in secondhand clothing have lamented a 153 percent hike in import duty, saying thousands of Ghanaians risk losing their source of livelihood if nothing is done.
In the first quarter of 2022, the Ghana Used Clothing Association (GAUCA) said it cost GH¢15,000 as import duty on a 40-foot container....
African economies remain resilient with a stable outlook for 2023-2024 despite tightening global financial conditions, according to the African Development Bank. Globally, the signs of an economic winter are evident in figures from the International Monetary Fund - which projects 2.9 percent growth this year.
The outlook is more sobering...
In a landmark ruling, David Aseye Tay - the Managing Director of Renaizance Oil Limited, an unlicenced Oil Marketing Company - has been convicted on 23 charges of defrauding by false pretence, amounting to over GH¢27.9million. The amount GH¢27.9million in 2018 was equivalent to US$6million, when US$1 was exchanged...
Head of Business Enablement at Stanbic Bank Ghana, Marian Amartey, has shared that as technology continues to change our way of life, it has become necessary for banks to work hand in hand with Fintechs for them to thrive in the digital age.
Speaking at ‘The Money Summit’ on a...
World Day of the Boy Child falls on May 16 each year and is observed around the world by boy-child advocacy organisations. The global theme for 2023 is 'Boys and mental health'.
Ghana’s foremost male child personal development initiative - Junior Shapers Africa (JSA) led by Ethel Adjorlolo Marfo -...
The public have been urged to properly secure filled LPG cylinders in their car boots during transportation to avoid rolling and unsafe movement of the cylinders.
This is to prevent the filled cylinders from being over-pressured - which can affect the pressure reliever, as that could result in the LPG...