Internal control is an integral part of business management that consists of rules, procedures, and practices to protect assets, maintain accuracy and reliability in financial reporting, enhance operational efficiency, and ensure compliance with laws and regulations. Internal controls are essentially a set of checks and balances within an organisation that...
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...
By V. L. K. DJOKOTO Supreme wisdom knot, craft of our ancestors, our soul shall not rot, the divine constructors. Centre of light, degrees of might, spiritual and mental health, unearthly power and wealth. Orishas shall guide, thy mind must abide, sip from the chalice of life, rise and love alive. The universe is a verse of ours, positive impact with mystical powers, the...
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...
A surprise uptick that saw inflation reach 21.5 percent in September has seen the Bank of Ghana (BoG) revise its year-end inflation target to 18 percent, citing upside risks including some geopolitical developments. Governor Ernest Addison announced the adjustment during a joint press briefing with the International Monetary Fund (IMF)...
 By Konrad Kodjo DJAISI A training of trainers course for Ghana Armed Forces Training Instructors and Gender Advisors on the Standardised Gender Training Manual for Armed Forces Training Schools commenced at the Kofi Annan International Peacekeeping Training Centre (KAIPTC) on 7th October, 2024. In his welcome address, the Commandant of KAIPTC,...
The La Traditional Council's recent suspension by the government has stirred concerns, with the La Shikitele questioning the legal grounds for the decision. The suspension, which was enacted by the Ministry of Religious and Chieftaincy Affairs alongside the Greater Accra Regional House of Chiefs, aims to facilitate measures for improved...
By Buertey Francis BORYOR & Emmanuel AKOMEA  The Commandant of Kofi Annan International Peacekeeping Training Centre (KAIPTC), Major-General Richard Addo Gyane, has cautioned Ghanaian media to be circumspect in their reportage - urging the security services to remain neutral and court the confidence of all stakeholders as the nation...
Some 270 micro, small and medium-scale enterprises (MSMEs) have been supported with a GH₵28,339,752 grant under the Ghana Economic Transformation Programme (GETP) funded by the World Bank. The GETP grant aims to promote growth within the MSMEs sector – considered the economy’s backbone and providing jobs to over 70 percent...