By Enoch AKUFFU-DJOBI The Bank of Ghana's (BoG) gold coin investment initiative announced on 27th September, 2024 by the Monetary Policy Committee (MPC) introduces an intriguing opportunity for investors, but it also comes with unknown or less-clear elements that potential investors should fully understand before committing. Undoubtedly, While the initiative...
By Richmond Kwame FRIMPONG Macroeconomic instability, rising interest rates, growing debt burdens, and environmental crises are all compounding, threatening to derail development progress of emerging economies in Africa. The global financial architecture - encompassing international financial institutions (IFIs), private sector capital flows, and multilateral development banks—has long been a conduit...
At the Economic Development Assembly: Advancing Africa’s Future in Abidjan, Côte d'Ivoire, it was announced that more than 100 eminent African and international CEOs, world leaders and artists have signed the Abidjan Accord, an urgent call to G20 governments to increase their contributions to IDA, the World Bank’s fund...
By Seth KRAMPAH The ARB Apex Bank, together with Chief Executive officers of all rural and community banks in the country, are set for the annual CEOs’ conference scheduled for October 17 at the Volta Serene Hotel, Ho in the Volta Region. This year’s conference is the twenty third in the...
By Ebenezer ASAFO-ADJEI& Stanley SOLAGAH Every activity worth doing – including the most basic activities such as eating, sleeping, taking a stroll down the street, etc.- carries some degree of risk with no certainty of guaranteed outcome, even when the best-known method or technology is deployed. This saying is also true...
By Rashidatu IBRAHIM Among other factors essential to enable small businesses access venture capital funds are having good business models and being honest in disclosing information about the business, Percival Ofori Ampomah, General Manager of the Venture Capital Trust Fund (VCTF) has noted. He disclosed that start-ups often miss out on...
By Alberta QUARCOOPOME Dear readers, I am back again to continue my journey of creating more fraud awareness. As we have observed these days, the Chartered Institute of Bankers now call bankers “trusted professionals”, and of course that is what banking has always been about. Our currency is not necessarily...
Koogo Atia, winner of the 2023 First National Bank Accra Marathon, is set to participate in the 2024 Sanlam Cape Town Marathon on October 20 2024 as the only elite runner from Ghana. This has been made possible through First National Bank’s collaboration with SanlamAllianz in Ghana. First National Bank...
Recovery efforts for the economy have been cemented, with the country reaching a staff-level agreement (SLA) with the International Monetary Fund (IMF) as part of its Extended Credit Facility (ECF) programme’s third review. Announced on October 4, this year (2024), the agreement is expected to unlock US$360million in financing -...
Ghana might be going through a rough patch.  Yet, it is true that we have witnessed significant advancements in many sectors over the past few decades. With a diverse economy encompassing agriculture, mining, manufacturing, and a growing services sector, the nation is poised for continued prosperity. Central to this growth...