Category: FEATURES
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Papa Sam Blankson writes: We are not an independent nation
Ghana… We boast of being the first sub-Saharan African nation to gain independence. This is a feat our forefathers lived for, fought for and died for – A feat we will celebrate forever. 64 years down the line, political independence has become banal with a larger cross-section of the populace having only known post-colonial Ghana…
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Sophia Teye writes: Political independence without financial independence
Ghana just celebrated its 64th independence from British colonial rule. We have heard and followed many nostalgic stories from the past of the vision of our forebearers, our culture and heritage and all these gives us a sense of pride. But the question is, how long are we going to remember and celebrate the glory…
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![Government bonds are set to outperform [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2021/03/AK4A6411.jpg)
Government bonds are set to outperform [ARTICLE]
Ghana local currency bonds (GHGBs) have had a spectacular start to the year, compressing by 125bp and outperforming North and East African peers such as Egypt and Kenya whose bonds have ticked up by c. 20bp. This is according to Head of Markets at First National Bank Ghana, Kofi Pianim. Mr. Pianim stated that, offshore…
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![Key parties in domestic debt capital markets transactions [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2021/02/1341e8c0-1a99-4e3d-8d60-2e248f46ddbf-1.jpeg)
Key parties in domestic debt capital markets transactions [ARTICLE]
I recently chanced on a report published by the Ghana Fixed Income Market dated January 2021 as well as the December 2020 monthly bulletin from the Central Securities Depository providing some useful information on the domestic capital market. I further delved into how the corporate bond market has performed over the years and if there…
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Building an A-List freight forwarding and logistics company … The Conship 25 years story
After his younger brother joined him in secondary school, the pressure was enormous on a single mother who had taken the responsibility to take care of three (3) boys. At the time, he was in form 5 and had just a year or two to wrap up his secondary school education but he gave it…
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Cedi depreciation and taxes quadruple domestic fuel prices in the last decade – IES
Over the past decade (2010-2019), Ghana has seen a 347 percent increase in price of Gasoline (Petrol) and a 338 percent increase in Gasoil (Diesel) price at the pump, largely because of Cedi depreciation, taxes and levies. Analysis of data from the Energy Commission (EC), National Petroleum Authority (NPA) and IES’ MarketScan show that by…
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![Strategies to overcome capital-raising challenges for small businesses and startups [Article]](https://citibusinessnews.com/wp-content/uploads/2021/02/kofi-ayisi-e1612262795166.jpg)
Strategies to overcome capital-raising challenges for small businesses and startups [Article]
Efforts should be directed to improve financing startup and small business to sustain their development. Startup businesses are a driving force in the economic development of any country, in terms of job creation, innovation and export potential. In developing countries, especially, small businesses have contributed to boosting the development of the economy and growth process…
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![Delay in post Brexit Ghana-UK Agreement threatens jobs and livelihoods [ARTICLE]](https://citibusinessnews.com/wp-content/uploads/2021/01/Brexit.jpg)
Delay in post Brexit Ghana-UK Agreement threatens jobs and livelihoods [ARTICLE]
More than 15,000 direct and indirect jobs are currently being affected negatively due to the failure of Ghana and UK to sign a post Brexit trade agreement that allows Ghanaian fruit producers’ tariff free access to the UK market as exists under the Economic Partnership Agreement (EPA). Ghana and UK failed to finalize a trade…
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![New year greetings from Greater Accra chapter of AGI [Article]](https://citibusinessnews.com/wp-content/uploads/2021/01/Tsonam-Cleanse-Akpeloo-56.jpg)
New year greetings from Greater Accra chapter of AGI [Article]
Last year, the global Covid-19 pandemic had an adverse impact on economies and businesses. The pandemic took toll on lives. Many businesses had to make significant adjustments to remain operational or become competitive. The global economy has not recovered enough from the shocks of the virus and now that a new variant of the virus…
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![Sale of unique Christmas accessories booming during festive season [Video]](https://citibusinessnews.com/wp-content/uploads/2020/12/christmas-hat.png)
Sale of unique Christmas accessories booming during festive season [Video]
Christmas is not merely a time of celebration for everyone; at least not for those in specific businesses who focus more on cashing in on the celebrations. Although there are the usual complaints about business being slow according to some traders in major markets Citi Business News has visited, there are some retailers who are…