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...
By Samuel Lartey(Prof) [email protected] Ghana's underground economy and black market have expanded into significant socio-economic systems, facilitated by public officials and corporate executives who intentionally circumvent regulatory requirements and licensing processes for personal gain. These shadow operations not only undermine the formal economy but also impact national growth, public services, and...
By Samuel Adjetey Osekre Introduction Ghana, like many developing nations, has often struggled to achieve its full potential, not due to a lack of ideas or resources but rather from the lack of continuity in national projects and policies. The frequent interruption of development projects, often triggered by changes in government, has...
FirstBank Ghana has officially launched a series of Micro, Small, and Medium Enterprises (SME) clinics across the country, aiming to equip business owners with the skills and knowledge required to run their operations more effectively. The initiative kicked off last week in Kasoa, where approximately 50 SME owners participated...