By Ernestina MENSAH The Bank of Ghana (BoG) is introducing the Ghana Gold Coin, an innovative initiative aimed at providing Ghanaians with a secure investment option backed by locally mined Gold. The move comes at a critical time when many citizens are converting their cedis into U.S. dollars to preserve...
By Buertey Francis BORYOR The youth of Bissa in the Bawku Municipal District of the Upper East Region of Ghana are threatening to boycott the 2024 elections and subsequent ones for being continually denied developmental projects. The Bissa Youth Association's spokesperson, Ali Ibrahim Issaka, in an interview with the Business and...
A major breakthrough has been achieved with the successful restructuring of a US$13billion Eurobond debt, Finance Minister Dr. Mohammed Amin Adam has announced. Emphasising the importance of this achievement, Dr. Adam stated: “We are poised to turn the page on our restructuring journey and embark on a new chapter of...
By Kweku Attakora DWOMOH & Kelvin HANSEN Africa has long grappled with the challenge of poverty, despite various efforts to alleviate it. In the year 2000, the continent's poverty rate stood at 50 percent, impacting around 360 million people. By 2019, this number had risen to 478 million people living in...
By Buertey Francis BORYOR  The United Nations Development programme Insurance and Risk Finance Facility (UNDP-IRFF), has expressed willingness to support the nation, and key stakeholders in developing financial solutions that protect the most vulnerable and reduce the economic toll of disasters. Additionally, the UNDP reiterated its commitment to working with the...
Project Management Institute (PMI) has announced its 2024 Most Influential Projects, honouring 20 projects across industries and regions. These projects have achieved significant milestones in alignment with the United Nations (UN) Sustainable Development Goals (SDGs) within the last 18 months—all addressing clear outcomes that drive project success beyond budget, scope, and schedule....
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...
 By Samuel AKAPULE Government Statistician Prof. Samuel Kobina Annim has underscored the need for effective collaboration between Ghana Statistical Service (GSS) and universities to help address developmental challenges confronting the country. GSS is not established to service government alone, but also partner with other stakeholders in helping fight against corruption as...
By Akunkel MUSAH The African continent has a land area of 30.37 million sq km (11.7 million sq mi)—enough to fit in the U.S., China, India, Japan, Mexico, and many European nations, combined. Specially, Africa's land mass is slightly bigger than the U.S., China, India, the U.K., Japan, Eastern Europe,...
By Samuel Lartey(Prof) [email protected] As Ghana moves toward economic recovery, a new adjustment in utility tariffs has been announced, effective October 1, 2024. The Public Utilities Regulatory Commission (PURC) has raised electricity prices by 3.02% and water tariffs by 1.86%, part of its routine quarterly review to reflect changes in key...