By Joshua Worlasi AMLANU  As nation traverse a challenging economic period characterized by inflation and currency depreciation, stablecoins are emerging as a viable solution for promoting financial inclusion and economic empowerment. These digital currencies, designed to maintain a stable value by being pegged to assets such as fiat currencies or...
By Dr. Francis OSEI-KUFFOUR Let me lean on ILAPI and be emphatic that ‘Abusua bi te sika so, Ԑnso ekϽm de wϽn’, literally translated as ‘some families are sitting on money, yet live in poverty’. The recent publication by the Institute for Liberty and Policy Innovation (ILAPI) resonated with a text...
The Ghana Co-operative Credit Unions Association (CUA) Ltd is thrilled to announce its 23rd Educational and Biennial Conference, scheduled from Wednesday, 20 November to Friday, 22 November 2024, at the Credit Union Training Centre (CUTraC), Kasoa Akweley. With the theme, “Empowering Communities and Enriching Lives: The Role of Credit Unions,”...
By Rachel GYABAAH In 2012, as I sat in class discussing global financial systems, the concept of BRICS (i.e Brazil, Russia, India, China and South Africa) was introduced as a counterweight to the Western-dominated international monetary system. I examined the International Monitoring Fund’s Working Paper on BRICS' Development Philosophies (2012) and the European Parliament's...
As VCTF marks its 20th anniversary, we look back at two decades of empowering small and medium-sized enterprises (SMEs) and advancing Ghana’s venture capital ecosystem. A legacy of growth and partnership With a clear mandate to drive economic growth by providing venture capital to Ghanaian SMEs, the Venture Capital Trust Fund...
By Robert OWUSU (FCIB) Technological advancement has given modern financial lenders an unparalled capacity to reduce lending risk, now that lenders can utilize more customer data than ever to make informed considerate lending decisions. Lenders stay in business when borrowers pay back loans. Some borrowers consistently make prompt payments while others...
By Eric Nana OTOO Ghana Amalgamated Trust Plc (GAT) appreciates the public interest in its activities and welcomes discussions around its role in Ghana’s financial sector. However, the recent article on page 25 of the Monday 28 October 2024 edition with issue number 4168 of the Business & Financial Times...
The Ghana Export – Import Bank (GEXIM) is deepening its collaboration with the Ministry of Foreign Affairs and Regional Integration to champion the Government of Ghana’s industrialization agenda by promoting and creating market access for Made-In-Ghana products and services globally. Deputy Chief Executive Officer of GEXIM, responsible for Banking, Ms....
By Ernest Bako WUBONTO With merely five years to 2030, financial experts and policymakers have indicated that the ambitious goal of achieving a cashless economy by 2030 is increasingly unrealistic. Despite significant advancements in digital payment technologies and the growing adoption of mobile wallets, numerous challenges hinder the transition to a...
The excitement in Ghana’s academic and financial communities is reaching a fever pitch as the National Investment Quiz 2024 finals approach. Scheduled for November 4th at the RS Amegashie Auditorium at the University of Ghana, this championship is set to feature an intense competition among 30 of the nation’s...