Why are stock-market valuations soaring when the real economy remains so fragile? One factor has become increasingly clear: The crisis has disproportionately affected small businesses and low-income service workers.
They are essential for the real economy, but not so much for equity markets. True, there are other explanations for today’s...
… Licensing programme being drawn
Director General of the Nuclear Regulatory Authority (NRA), Dr. Nii Allotey, has said his outfit is assiduously working on guidelines for the execution of the nation’s nuclear energy agenda, one that has taken into consideration all the predictable risks.
According to him, the guidelines are...
The President of the Canada Ghana Chamber of Commerce (CGCC) has observed the need for the Ghana government to help the informal sector to become more productive in order to benefit from the Continental Free Trade agreement.
Mr. Alexander Nortey says, “The informal sector is too large, and government needs...
From the mid-2000s onwards, the digital revolution raised hopes of democratic transformation and strengthening in Africa. But it hasn’t quite turned out like that. Now, almost a decade after the “Arab Spring”, techno-optimism has given way to techno-pessimism.
African leaders have proved able to blunt the transformative potential of smart...
The role of microfinance institutions (MFIs) in the edifice of the Ghanaian financial sub-sector; and their contribution to socio-economic development and growth of the country cannot be overemphasised. In recent years, the Ghanaian economy has witnessed the formal establishment of several microfinance institutions. Connoisseurs of activities in the financial...
In the last 45 years, suicide has increased by 60% worldwide. The interpersonal theory of suicide explains that there needs to be the desire and ability to kill oneself for suicidal behavior to occur. Joiner further explains that social disconnection or alienation and perception of being a burden to...
The Organization of African Unity, now African Union (AU), under Kwame Nkrumah’s leadership conceived an African Common Market programme. Nkrumah envisioned it to be an economic community of African countries pulling their production and trade to a common advantage.
That, to Nkrumah, was the epitome of true independence. The idea...
MTN Ghana has reaffirmed its commitment to becoming a fully-fledged digital operator by 2023. Whilst the digitisation agenda has been at the forefront of the company’s strategy since inception, the advent of the ongoing pandemic has only served to accelerate the process.
Speaking to the B&FT in an interview, Emmanuel...
The Corporate Insolvency and Restructuring Act, 2020 (Act 1015) (the “Act”) became law in Ghana on 30 April 2020. The Act prescribes the regime for the administration and restructuring of the affairs of distressed companies or for the liquidation of such companies.
A company may be said to be financially...
Consumer and business confidence rise
New data has shown that the country’s economy is fast recovering from the ruins of the coronavirus pandemic as the Bank of Ghana’s Composite Index of Economic Activity (CIEA) has moved from contraction to growth with overall GDP for the year tipped at 2.5...