Economy

Kofi Adjepong-Boateng, the merchant banker, has been awarded a CBE in Queen Elizabeth II’s 2020 Birthday Honours List for services to Philanthropy. Commander of the British Empire, CBE, is the highest ranking of the Orders of the British Empire award. It’s followed by OBE and then MBE. The list...

“The expectation always is that, the flock may go astray. But what shepherds fail to know also is that, the flock would want to get home, anyway.” This episode gives us the opportunity to ponder over how powerful leadership is. Even when you have a thousand sheep or just two,...

“An unexamined life is not worth living” –Socrates Dear readers, last week I examined some operational risk symptoms that are likely to affect a bank’s bottom line if not detected early by managers. Some of these are hidden and best known only to the sufferers. The fact that WHO has...

At long last, Ghana is again taking leadership in construction industry development agenda within the West African region as a catalyst to development. Very soon the Construction Industry Development Authority (CIDA) 2020 bill will be passed by Parliament. In fact, the passing of the CIDA 2020 bill will again put...

… outlines key polices needed for recovery Driven by the economic fallout of the COVID-19 global pandemic, growth in Sub-Saharan Africa is predicted to fall to -3.3 percent in 2020, pushing the region into its first recession in 25 years, according to the latest regional economic analysis Africa’s Pulse: Charting...

Even though the coronavirus impact has ruined many gains of the economy, leading to a contraction in the second quarter, one thing that has been able to ride through the storm is the local currency – cedi, as its rate of depreciation has been slower than what was experienced...

A government constructed warehouse facility, under the One District One Warehouse (1D1W) initiative, partly funded with ‘oil money’, at Atasikrom in the Dormaa Municipality of the Ahafo Region, has stalled nine months after the construction deadline. The project, which is now projected to be about 98 percent completed, was awarded...

GCB Bank Limited, Ghana’s largest and first indigenous Bank has partnered Eliho Ghana Ltd. to facilitate the transfer and receipt of funds in the cocoa farming and purchasing ecosystem, using the G-Money platform. The G-Money/Eliho partnership is an outcome of the Bank’s interest in providing financial inclusion for the partially...

Ms. Corey Huntington, Head of Corporation of the Canadian High Commission in Accra, has said a robust and diverse food supply is an essential part of the health and nutrition response to COVID-19; so is properly defined and enforced national guidelines on food safety critical to COVID-19, and to...

President Nana Addo Dankwa Akufo-Addo has, once again, reaffirmed his administration’s support for any private company which was ready to help in advancing the progress of the country. “I want to reiterate that I am particularly keen to assist any private company which is ready to advance the progress of...