Old Mutual Ghana recently hosted a successful brokerage conference in South Africa. The conference brought together brokers from all Old Mutual Africa Regions. Old Mutual believes that partnerships with external stakeholders should be mutually beneficial. We strive to grow together with our partners and provide the necessary support for achieving...
Growth across Sub-Saharan Africa remains sluggish, dragged down by uncertainty in the global economy, the underperformance of the continent’s largest economies, high inflation, and a sharp deceleration of investment growth, a World Bank report said Wednesday.   In the face of dampened growth prospects and rising debt levels, African governments...
While all central bankers agree that a great deal of focus should be on large, systemic financial institutions, there is also a need to revisit the regulation of small and niche banks, said Yinka Sanni, Chief Executive-Africa Regions at Standard Bank Group. He made the remarks at Standard Bank’s African...
The Ministry of Tourism Arts and Culture (MoTAC) and Ghana Tourism Authority (GTA) have set an international tourist arrivals target of 1.2 million visitors for the 2023 operational year. The ministry is also projecting domestic tourist numbers for the year 2023 at 1.2 million. Minister of Tourism Dr. Ibrahim Mohammed Awal,...
The decline in yields across the market’s short-term spectrum has halted, signlling a reversal of the cost-cutting move by the Treasury to keep yields on the low at around 15 percent for the 91-day T-bill. This is amid liquidity-tightening efforts by the Bank of Ghana (BoG). At the BoG’s March...
cites diversification CI closes Q1 at 14-month high Capital market participants remain confident that the equities space will maintain its recovery throughout 2023, following its performance in the first accounting period of the year. The market, as measured by the Ghana Stock Exchange Composite Index (GSE-CI), closed the quarter strongly...
Former Finance Minister Seth Terkper has reiterated his advice that government should not engage in what appears to be another ‘fiscal offset’ in the 2023 budget, similar to what occurred in government's 2017 budget. In this context, Mr. Terkper has called on government to disclose its plan for dealing with...
As part of activities for the 53rd Annual Conference and AGM of the Ghana Institution of Engineering (GhIE), held in Takoradi, 15 Professional Engineers were elevated to the Fellow status. Explaining who a Fellow is in the Engineering field, the Executive Director of the GhIE, Ing. David Kwatia Nyante said,...
Binance has joined the FIDO Alliance, a large association dedicated to the development of passwordless authentication standards. Integrating FIDO passkey technology will improve the speed and security of Binance users when logging into the platform. By joining the FIDO Alliance, Binance users can look forward to a streamlined and secure...
As explained in my previous publications on Transfer Pricing (TP), to determine a desirable price for the exchange, sale or transfer of goods or services between and among persons in a controlled relationship which meets the arm’s length principle, there are series of activities that a taxpayer is required...