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 Richmond Kwame Frimpong  Unlike traditional Special Economic Zones, which prioritizes manufacturing, Innovation Zones(IZs) emphasize knowledge transfer, technological advancement and the creation of a robust innovation ecosystem. These zones are designed to foster collaboration between businesses, research institutions, and government entities, ultimately driving technological advancements and productivity. One of the primary catalysts...
I can always tell when I’m dealing with a founder who’s been through it. It doesn’t take me long now. Their one giveaway is how they spend their money. When I sit down with early-stage founders or young entrepreneurs in Ghana, especially the ones looking for my money, it’s...
Hello, my name is Dede Nyansapo. I am an entrepreneur who also participates in Accra’s burgeoning gig economy. My love for meeting fascinating people and my curiosity about how they think usually places me in the midst of some very entertaining conversations. Invariably, these conversations lead to some key...
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...
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....
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)...
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...
By Korsi DZOKOTO Ghana is currently facing one of its most severe economic crises under the Fourth Republic, marked by an unprecedented default on debt obligations, a crippling debt restructuring program, and widespread economic hardships. From soaring inflation, particularly in food prices, to high unemployment rates, low productivity, and a deteriorating...
By Samuel Lartey (Prof.) [email protected]  Cocoa has long been the backbone of Ghana’s agricultural sector, providing jobs for millions and serving as a significant source of foreign exchange. However, recent developments threaten the stability of this vital industry. Ivory Coast’s recent decision to increase its farmgate price for cocoa by 20%, a...