The country’s current economic woes is driving investors to seek diversification away from government securities, and Pension funds are setting their sights on investing in the real sector, this is according to the 2023 outlook survey by Axis Pension Trust. According to the survey, investors are now looking to diversify...
A former Head of the United Nations Office for West Africa and the Sahel, Dr. Mohammed Ibn Chambas, recently delivered the 2023 Adebayo Adedeji Lecture, titled: ‘Governance, Social Contract, and Economic Development in Africa: Looking Back, Projecting into the future’- and called for the acceleration of the ideals of...
The Chief Executive Officer (CEO) of the Asian African Consortium (AAC), Mrs. Adelaide Araba Agyepong, has stressed the need for an all hands on deck approach to make the President’s vision of boosting rice production in Ghana a reality. She said the vision of ending rice importation in Ghana goes...
Mark-to-market (MTM) also known as fair value accounting is a concept used in finance and accounting that refers to the process of valuing an asset or liability based on its current market value. The idea behind MTM is that assets and liabilities are constantly changing in value, and therefore,...
The sustainable growth of the agricultural sector is critical in driving economic transformation, deputy Minister for Food and Agriculture in charge of Crops, Yaw Frimpong Addo, has said. With Ghana’s population estimated to increase by 4.3million people between 2022 and 2027, he said a well-developed agricultural industry will continue to...
The passage of outstanding revenue bills by Parliament remains critical to government programmes as well as to enable the state to complete four of the five agreed prior actions in the International Monetary Fund (IMF) Staff Level Agreement. The outstanding bills are the Income Tax (Amendment) Bill, Excise Duty and...
Pension funds are setting their sights on investing in the real sector, according to the 2023 outlook survey by Axis Pension Trust, amid the economic woes which is driving investors to seek diversification away from government securities. According to the survey, investors are now looking to diversify their portfolios in...
The Fair Wages and Salaries Commission (FWSC) is set to embark on a nationwide payroll monitoring exercise. The exercise, which is scheduled to commence from April 1, 2023, aims to sanitise the public sector payroll by identifying and expunging existing fraud and anomalies on it. “It is also aimed at ensuring...
The Volta Region has recorded the highest number of people migrating to other countries in search of greener pastures, the Ghana Statistical Service (GSS) has revealed. It registered the highest out-migration rate of 27 percent, followed by the Upper West and Upper East regions with 21 percent and 20.4 percent respectively.  The Eastern Region had...
Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen-Aidoo has reiterated his call on the European Union (EU) to reconsider the element of cocoa pricing in its legislation. According to him, the legislation in its current form cannot sustain the industry and improve incomes of cocoa farmers. Mr Aidoo made...