The cedi remains relatively strong despite weak economic fundamentals, says market observers GCB Capital and Constant Capital.
Although the local unit has lost 4.4 percent against the US dollar as of March 28, the performance beats market expectations due to anticipated seasonality effects in Q1 2023 amid weaker foreign exchange...
The winners of the 2022/2023 Kosmos Innovation Center (KIC) AgriTech Challenge Pro were announced in a final pitch competition held in Accra on Friday March 24, 2023. This comes after months of extensive training on entrepreneurship and business development, with coaching from a team of experts drawn from academia,...
Ing Kwabena Bempong has been handed the chain of authority to lead the Ghana Institute of Engineers.
Handing over the chain of authority, out-going president of GhIE, Ing. Rev. Prof. Charles Anum Adams, said, having had a great and enjoyable two-year journey, it is time now to hand over the...
“There will certainly be climate change. Many countries will be adversely affected in the near
future, and nearly all countries will be affected in the next 30 years.”Mark Maslin, Climate Change: A Very Short Introduction
Climate change adaptation
The Intergovernmental Panel on Climate Change (IPCC) believes there are various reasons why...
For decades, Africa has been trapped in a cycle of debt dependency, relying on external actors for debt cancellation, debt swaps, debt exchange, debt forgiveness et al through bailout programs. In this article we argue that developing world class Industrial Ecosystems offer a more nuanced and effective approach to...
The Deputy Minister of Education in charge of Technical and Vocational Education and Training (TVET), Gifty Twum-Ampofo, has called on TVET students to see Science, Technology, Engineering and Mathematics (STEM) education as a strong tool to make them competitive.
According to her, the current tools and equipment available require some...
Small and medium-sized enterprises (SMEs) have long been the backbone of the global economy. They are the engine that drives innovation, job creation, and economic growth. However, SMEs are facing new challenges in the wake of the Fourth Industrial Revolution, which is marked by the emergence of artificial intelligence...
…but industry cites risk to businesses
Parliament last Friday passed the outstanding revenue tax bills which were tabled before it as part of government’s measures to generate more revenue, which remained crucial to completing four of the five agreed Prior Actions in the International Monetary Fund (IMF) Staff Level Agreement.
These...
Dr. Richmond Atuahene, a banking consultant, has suggested that the GH¢15billion Financial Stability Fund (FSF) - which was set up to provide liquidity support to the banking sector following the Domestic Debt Exchange Programme (DDEP) - can instead be channeled to support banks' recapitalisation, especially locally-owned banks.
He said due...
