By Rashidatu IBRAHIM An all-women-owned investment consortium that incorporates Rumbi and Zithezava has concluded a transaction acquiring a 28 percent stake in Big Five Duty Free (Big Five), one of Africa’s foremost duty-free retailers. This transaction marks a significant increase in the company’s transformation, which will see Big Five’s Broad-Based Black...
By Samuel Lartey (Prof.) [email protected] Ghana, once lauded as an African success story, has faced significant economic hurdles in recent years, from overburdened national debt to the volatile depreciation of the cedi, sky-high inflation, and the environmental destruction caused by illegal mining (Galamsey). As the country nears the 2024 General Elections, signs...
By Ebenezer Chike Adjei NJOKU Ghana has long been recognized as a lighthouse of stability in a region often characterized by volatility. Its reputation for democratic governance, rich natural resources, and growing consumer market have made it an attractive destination for foreign investment. Yet, despite these advantages, the country struggles to fully...
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...
Chanzo Capital, in partnership with Startup Bootcamp Africa, MEST Africa, ANTLER, iHub and GrowthAfrica, has selected ten startups and ten scaleups from Tanzania, Kenya, Ivory Coast, Nigeria, Ghana, South Africa and Mozambique to pitch at the 11th Angel Fair Africa on November 7-8 at the Two Rivers International Finance...
By Enoch AKUFFU-DJOBI Ghana's financial landscape has changed significantly over the years, with both lucrative investment opportunities and devastating financial losses. For many people, investing is more than just a way to increase their wealth; it's also a way to secure their future and protect their hard-earned money. However, previous...
By Elizabeth PUNSU Speakers at this year’s annual conference of the Institute of Project Management Professionals (IPMP) have underscored the critical role of project managers in attracting Foreign Direct Investment (FDI) for the country. Foreign Direct Investment (FDI) is crucial for the economic growth of any country, as it plays a...
By Juliet Aguiar DUGBARTEY, Takoradi The 3rd Western Regional Oil and Gas Excellence Awards Dinner has been held in Takoradi. The awards, implemented by the Western Regional Co-ordinating Council in partnership with Top Brass Ghana, honoured deserving Oil and Gas industry operators with the hope of motivating them to strive for...
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...
A significant step toward achieving sustainable economic growth has been taken with government launching the first phase of Ghana’s Green Finance Taxonomy at the SDGs Investment Fair. This new framework aims to guide investments into environmentally friendly sectors and align the nation’s financial system with global sustainability trends. Finance Minister Dr....