Offshore investors have further reduced their participation in the local equities market amid the global shift toward tighter monetary policy stances to contain inflationary pressures. This has largely led to a strengthening of the U.S. dollar and rising long-term bond yields, inducing the widened sovereign bond spreads, capital flow reversals...
The Ghana Revenue Authority (GRA) has said it is keenly monitoring the payment of rent income tax across the country, and will soon take actions against defaulting landlords and property owners. Despite high compliance of payment, general perception has it that the sector has been left untapped by the tax...
Early indications have signalled an easing in the rate at which prices of goods and services are rising, Director of Research at the Bank of Ghana, Dr. Philip Abradu-Otoo, has suggested. Inflation accelerated to 27.6 percent in May - an 18-year high, compared to 7.5 percent at the end of...
With only a few days to the deadline for recapitalisation within the insurance industry, foreign-owned companies are now evidently poised to dominate the market. The deadline, originally set for June 30, 2021, was first extended to January 2022 and for an additional six months to June 202, due to effects...
Bankingly accelerates its growth with the culmination of a successful investment round for a total of US$11 million. The round was led by Dalus Capital, and accompanied by IDB Lab, IDC Ventures, Athos Group, Kube Ventures, Grupo Finacess, iThink VC, Sonen Capital and Oikocredit. The new investors join existing...
The Governor of the Bank of Ghana, Dr. Ernest Addison, has firmly asserted the banks conviction that payments systems will be key to the success of the African Continental Free Trade Area (AfCTA). Speaking on the final day of the Ghana Academy of Arts and Sciences (GAAS) 2022 Public Forum,...
Speaking on the topic ‘Keeping it real, from data to real social impact stories’, speakers at the MTN Bright Media Series have shared a variety of insights on journalism and emphasised the need for storytellers, particularly the media, to be circumspect with their reportage to effectively inform audiences. They maintained...
You see what happens to us, fathers? My wife wished me Happy Fathers’ Day last Sunday when the date has not even arrived. The fact is no one is really interested. I am waiting to see what my wife will do for me. Though her professional career takes a...
The Coalition for Media Reforms Africa (CMRA), is calling on all media stakeholders, particularly members of the Ghana Journalist's Association (GJA) to exercise their oversight responsibility as watch-dogs of society to ensure freedom, fairness and credibility in the upcoming elections of the Association. The elections, we understand, is slated for...
“So, tell me about yourself,” Luna said, putting aside her phone and signaling the waiter, who promptly brought over their starters and placed them in the middle of the table. Addison moved his glass of water and a tiny flower vase aside to make room. It was a very...