Recent digitisation efforts by government will go a long way in supporting Non-Bank Financial Institutions (NBFIs) to be more resilient and sustainable, banking and corporate governance consultant Dr. Richmond Atuahene has noted.
According to him, introduction of the digital address system coupled with the Ghana Card can help do away with issues of...
More diasporans are buying and obtaining private homes in the country, data obtained from the Ghana Tourism Authority (GTA) have indicated.
The B&FT observed out of the 914,892 international tourist arrivals last year, the 2022 tourism report has 41.18 percent of diaspora tourists lodging in their private homes against the 32 percent...
The Ghana Stock Exchange (GSE) - through its membership with the African Securities Exchanges Association (ASEA) - has signed a memorandum of understanding (MoU) with the Pan African Payments and Settlement System (PAPSS) to collaborate on ways to enhance the payment process for cross-border securities transactions in Africa.
The MoU...
Effective regulations can help utilities to successfully navigate the current economic turbulence and energy transition process, says Wale Shonibare, Director for Energy Financial Solutions, Policy and Regulation at the African Development Bank (AfDB).
The utilities sector, particularly the power industry, is saddled with numerous challenges including inefficient revenue collection or revenue...
The Asian-African Consortium (AAC), a subsidiary of Jospong Group of Companies, has signed a Memorandum of Understanding with the University of Cape Coast (UCC) to undertake research to boost rice, maize and soya production in the country.
The objectives of this partnership are to identify common areas of collaboration to...
The concept of the ‘petrodollar’ or ‘dollar oil’ refers to the agreement made in the 1970s between the United States and Saudi Arabia, which has had a significant impact on the global economy.
In 1971, President Richard Nixon ended the convertibility of the US dollar to gold, which had been...
The Association of Ghana Industries (AGI) has called for deliberate collaboration between industry and academia in order to tailor research for specific needs of businesses.
This, it said, is crucial in the quest to commercialise research and leverage innovation to spur the growth of businesses in the country.
AGI’s Chief Executive...
proposes Parliamentary Budget Office, others in constitution review
The Institute of Economic Affairs (IEA) has proposed a significant increase in the amount of foreign exchange cover for currency issued by the Bank of Ghana. The IEA has recommended that this increase should be enshrined in law, as part of...
The media’s independence and the country’s democracy are being threatened by the woefully low salaries in the media industry, a recent study has said.
The study also uncovered evidence of unpaid or irregular payment of salaries, with 30 percent of respondents stating they experience frequent delays in salary payments. It...
The yield on benchmark 91-day Treasury bills (T-bills) is expected to reach the 20 percent mark for the first time since the third week in March, marginally raising government’s cost of borrowing.
Yields on the shortest-tenor bill jumped from 12.52 percent at the beginning of 2022 to a high 35.75...