Author: Emmanuel Oppong
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Encourage public policies to support entrepreneurship – David Tengey
Policy makers have been encouraged to critical give maximum attention to entrepreneurship to transform the competences of the youth towards economic growth. This according to the Executive Director of David Douglas Leadership Forum, David Douglas Tengey will stimulate new employment and accelerate economic development. Speaking at the 6th Lead Yourself Conference which under the theme:…
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Chamber of Corporate Trustees signals readiness to participate in new DDEP
The Chamber of Corporate Trustees has indicated its preparedness to participate in the alternative Domestic Debt Exchange Programme (DDEP) being offered by the Government of Ghana (GOG). This comes on the back of an earlier announcement by the Ministry of Finance for the restructuring of ¢31 billion pension funds in the second phase of its…
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COCOBOD revises deadline for debt exchange programme to August 3
The Ghana Cocoa Board (COCOBOD) has revised the deadline for its debt exchange programme to Thursday August 3 from the initial announcement of August 4, 2023. This, the Board explains is in compliance with the directive regarding the observation of August 4 as a statutory public holiday. On July 14, the Ghana Cocoa Board (COCOBOD)…
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Climate change could impact cash flows for businesses – ICAG
As part of moves to mitigate the impact of climate change on cash flows of businesses, accounting professionals have been encouraged to prioritize sustainability tools in ensuring a green economy This, the Association of Chattered Certified Accountants (ACCA) and its affiliate- Institute of Chartered Accountants Ghana (ICAG) believe will inspire investor confidence and bolster economic…
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Republic Bank Ghana Plc records GHS 108.86 million profits in 2022
Republic Bank Ghana Plc remains resolute to employ various strategies aimed at mitigating risks in its operations. It comes on the back of the bank recording a 20.05 percent year- on- year growth in assets from GHS 4.25 billion in 2021 to GHS 10 billion in 2022. However, the bank also recorded a total comprehensive…
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Producer Price for June 2023 falls marginally to 29.2%
Recent data from the Ghana Statistical Service show that the Producer Price Inflation (PPI) for the month of June 2023 fell marginally to 29.2% from the 30.3% recorded in May 2023. This represents a 1.1 percentage point decrease in producer inflation relative to the rate recorded in May 2023 However, the month-on-month change in the…
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Capital market: African players urged to embrace integration
Players in the financial space have emphasized the need for an integrated capital market in the African sub region. According to them such integration will support a robust and uniform economic renaissance on the continent, along with the transition to a broader, more diversified, sustainable, and digitalized economy. One of the characteristics of the fast-evolving…
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Use mid-year budget to review benchmarks for crude oil prices – Energy analyst
Ahead of the presentation of the Mid-Year Review of the Budget Statement and Supplementary Estimates for the 2023 Financial Year to Parliament, an energy analyst Benjamin Nsiah is impressing on Government to review downwards its projected benchmarks for crude oil price. The government had earlier projected a benchmark oil price of 88.55 dollars per Barrel…
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IES calls for efficient exploration of Ghana’s lithium resource
The Institute for Energy Security (IES) has emphasized the need to promote the efficient and sustainable lithium exploitation in Ghana’s mining industry. This is on the back of Lithium discovery in commercial quantities in the Central Region. Addressing a National Stakeholder Dialogue on Energy Transition which focus on Lithium discovery in Ghana, the Executive Director…
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Africans have not fully tapped into regional trade – World Bank
The Managing Director of Operations at World Bank, Anna Bjerde has emphasized the need for Africans to optimize intra- African trade to address the continent’s economic challenges. According to her, Africans have not fully tapped into the regional trade opportunity that exit on the continent. She opines that a lot needs to done to boost…