In 1961, two Nobel Prize winning economists - Franco Modigliani and Merton Miller (M&M) - gave us the ‘Dividend Irrelevance Theorem’. The theorem stated that in a competitive capital market dividend policy is irrelevant for the market value of the firm. In other words, the value of the shares...
Chief Executives Network Ghana has announced the postponement of its 5th Ghana CEO Summit, which was scheduled to take place in Accra on 18th and 19th of May 2020.
Founder and CEO of the Summit, Ernest De-Graft Egyir, explained that this is due to the COVID-19 global pandemic which has...
GCB Bank has donated 40 jumbo water storage tanks to the Ministry of Local Government and Rural Development for distribution to markets in Accra, Tema and other parts of the country.
The ministry will distribute the tanks among selected Metropolitan/Municipal/District Assemblies for allocation to the beneficiary market centres.
The Rambo 1000...
Maritime Authority seeks power to seize, destroy these boats
State losing revenue as environment gets polluted
With trading of illegal fuel on Ghana’s high seas increasing at an alarming rate, the Ghana Maritime Authority (GMA) has said it will soon acquire the power to seize and destroy the...
players say move to ensure sustainability of operations
but bankers’ association oppose move
Telecommunication networks and financial technology companies (fintechs) are exploring options to reintroduce fees on all mobile money transactions even though the Bank of Ghana’s directive of no charges on some transactions for at least three-months...
Government has clarified that it is not exploring any avenue to use the outbreak of coronavirus (COVID-19) disease to go beyond its first-term legal mandate.
However, it maintained that the only way to do so will be through the electoral processes as determined by the constitution of the country, done...
The Vice-President, Dr. Mahamudu Bawumia, has launched the Integrated ICT System that automates all the operations of the Microfinance and Small Loans Centre (MASLOC) in the country.
He said this is an information technology solution that will address payment and the settlement challenges of MASLOC and bring an air of...
The COVID-19 pandemic has certainly changed the way we do things; pushing all of us toward a more digital society and placing the ball squarely in the Millennials’ court.
The Global Millennial Survey published by Delloite in 2019 had some key concerns that every serious business entity must ponder...
Many uncertainties haunt the world’s campaign to counter the COVID-19 pandemic, but one thing is now sure: Global economic activity will suffer greatly, with large-scale consequences for the incomes and welfare of all, but especially for the most vulnerable food import-dependent countries.
In the absence of timely and effective policy...
The COVID-19 crisis is now widely seen as the greatest economic calamity since the Great Depression. In January, the IMF expected global income to grow 3 percent; it is now forecast to fall 3 percent, much worse than during the Great Recession of 2008-09. Behind this dire statistic is...