Owing to mounting debts associated with its implementation, corruption and inefficiency, government is being urged to abolish the premixed fuel subsidy policy. Rather, Policy Lead-Petroleum and Conventional Energy, Africa Centre for Energy Policy (ACEP), Kodzo Yaotse believes direct financial support to fisherfolk would be a more effective option for fuel...
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU [email protected] / [email protected] The domestic Treasury money market continues to witness elevated yields that have persisted since January 2023, an examination by the B&FT has shown. These high yields, primarily driven by robust investor demand, have become a hallmark of the market...
By Kizito CUDJOE The Ghana Chamber of Mines has urged the government to adopt a comprehensive, multi-stakeholder strategy to tackle the underlying causes of illegal mining, following the recent deadly clashes on the concessions of some member companies. In its initial statement, the chamber emphasised the need for a coordinated effort...
By Wisdom JONNY-NUEKPE Government is targetting the conversion of underutilised land into productive agricultural space by designating and increasing the amount of land available for farming purposes through a land banks policy, Minister for Food and Agriculture-designate Eric Opoku has disclosed. Outlining government’s new agriculture policies during his vetting in parliament...
… as B&FT meets Nigerian High Commission Management of the B&FT – the nation’s premier financial publication – has paid a courtesy call to the Nigerian High Commission in Accra, in a move geared toward strengthening media cooperation and enhancing coverage of regional trade initiatives The meeting, which brought together senior...
Foreign direct investment was down by an estimated 8% in 2024, challenging progress on the Sustainable Development Goals that heavily rely on international project finance. In 2024, global FDI rose 11% to an estimated $1.4 trillion but dipped by 8% when excluding flows through European conduit economies – which often...
Yellow Card, Africa’s largest stablecoin on/off-ramp, is prioritizing helping businesses streamline cross-border transactions across Africa and expand their operations. The company’s focus is on creating a secure environment for customers while ensuring compliance with local regulations. Leveraging stablecoins, Yellow Card remains committed to building partnerships with businesses and stakeholders to...
First Sky Group, a leading Ghanaian business conglomerate, has commemorated its 22nd anniversary with a Thanksgiving Service, attributing its success to God’s unwavering faithfulness and divine providence amidst global challenges. The theme of the service, ‘Proclaiming the Unfailing Love of God’ (Romans 8:37), served as a heartfelt expression of gratitude...
Post and pre-election violence which originates from the assertion that vacancies in key agencies resulting from the loss of an election should be filled by supporters of the victorious party - sometimes achieved through violence - not only mars the beauty of democracy but reinforces the winner-takes-all syndrome that...
Thankfully, the Chamber of Oil Marketing Companies (COMAC) has dispelled recent media reports about an impending fuel shortage and assured the public that the country is receiving regular fuel deliveries. COMAC assures that the current petrol stock is sufficient to meet approximately three weeks of national demand, with additional shipments...