By Dela Herman AGBO Ghana’s Energy Sector Levy Act (ESLA) bond has drawn significant attention from fixed-income investors seeking stable, high-yielding assets. Specifically, the ESLA-BD-09/09/33-A5718-1764-20.00 bond, issued under the ESLA program, offers a compelling 20 percent coupon rate with government backing, positioning it as a potential safe haven for long-term...
Nacasky Company Limited, a leading IT solution provider, has reached significant milestones since partnering with Intercity STC and other transport organisations. The company has generated GHc775 million (approximately $53 million USD) in revenue and serviced 8.5 million customers through its IT platforms for state transport operators. The IT portal, set up...
Amid a challenging global financial and investment landscape, the importance of African investors backing home-grown enterprises has never been more critical. Despite the surge in global interest in Africa's economic potential, there remains a stark gap between the funding needs of African startups and the much-needed available capital. With many investors...
By Ernest Bako WUBONTO The newly-appointed Chinese Ambassador to Ghana, Tong Defa, has underscored the need for more skilled human resources in specific technical areas to drive Africa's development as China prepares to provide US$50.6billion in financial support for Africa over the next three years. He mentioned that lack of professional...
By Elizabeth Punsu, Kumasi NGIS Money Market Fund PLC has recorded another robust performance with a 51.23 percent increase in net investment income for the year ending 2023. The Fund posted a gross investment income growth of 38.14 percent increasing from GH₵863,956 in 2022 to about GH₵1,193,500 in 2023. This notable...
By Chris Koney The Ministry of Foreign Affairs of the Kingdom of Thailand – in collaboration with 12 African embassies accredited to Thailand, including Egypt, Kenya, Libya, Morocco, Nigeria, Mozambique, Ghana, Uganda, Zimbabwe, Senegal, Botswana and South Africa as well as key public and private sector players, including Kenya Airways and Ethiopian Airlines –...
 By Prince Dennis KLINTINGS, ([email protected]) Let’s review and reengineer our Tourism Development Strategy to reposition for double digit rapid tourism growth, use it to diversify, expand & restructure socio-economic frontier to achieve Ghana’s transformation as Int’l Tourism Hub ambition TOURISM is an outstanding multi-million dollar competitive and holistic universal cash-cow...
By Abdul Ahmed MUGISS Frustrated about finding inspiration for my investment article, I put my work aside. A few days later, a friend shared a story that gave me the breakthrough I needed. He had boarded an “Okada” – the popular motorcycle taxi – only to realize that the driver...
The Kojo Bentsi-Enchill (KBE) Memorial Lecture’s third edition was held in Accra, focusing on the history and evolution of monetary policy in Ghana and its impact on economic development. Organised by Bentsi-Enchill, Letsa & Ankomah, a leading law firm in Ghana, the lecture honours the memory of the late Kojo...
By Elizabeth PUNSU, Kumasi Anidaso Mutual Fund has held its 19th Annual General Meeting (AGM) of shareholders in Kumasi, recording a strong performance in the 2023 year under review. General Manager of the Fund, Edward Asamoah, presented financial results for 2023 and shared insights on the Fund's future. The meeting highlighted the...