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2024 IN REVIEW: Economy beats expectations despite global …
2024年12月23日 · A News Desk report Despite prevailing global headwinds, the domestic economy defied expectations, with key indicators surpassing consensus forecasts across multiple quarters. According to data from the Ghana Statistical Services (GSS), the country achieved an average real GDP (gross domestic product) growth rate of 6.3 percent for the first three quarters of the year, significantly […]
Central Bank Digital Currency in Africa – implications for cross …
2024年11月14日 · By Korede SOTUBO The emergence of Central Bank Digital Currencies (CBDCs) introduces transformative potential for international business, particularly by enhancing cross-border transaction efficiency, reducing costs, and minimizing currency exchange complexities. Unlike traditional digital currencies, CBDCs are government-backed, which offers greater stability and reliability for international ...
What John Mahama left in 2016 (1) - The Business & Financial Times
2024年10月16日 · By Korsi DZOKOTO As Ghana prepares for the 2024 elections, the contrasting economic landscapes of the past and present reveal a stark difference in governance. The National Democratic Congress (NDC), under the leadership of John Dramani Mahama, left the New Patriotic Party (NPP) with a nation on a path toward economic transformation and sustainable development. […]
Economy expands further, real GDP up 7.2% in Q3 2024
2024年12月12日 · By Joshua Worlasi AMLANU ([email protected] ) The economy continues to recover strongly, with real gross domestic product (GDP) growing by 7.2 percent year-on-year (YoY) in the third quarter (Q3) of 2024. This is a significant improvement from the 2.2 percent recorded in Q3 of 2023. Provisional data from the Ghana Statistical Service (GSS) attributes this […]
Investor confidence drives GSE’s GH¢100bn market cap
2024年11月6日 · By Joshua Worlasi AMLANU and Ebenezer Chike Adjei Njoku The Ghana Stock Exchange (GSE) reached a historic milestone, with its market capitalisation surpassing the GH¢100 billion mark, on the back of renewed investor confidence in the capital market. Closing on Monday November 4, at GH¢102.07billion, the GSE has added approximately GH¢29 billion to …
Galamsey: MIIF, UMaT team up to clean waterways
2024年10月15日 · with ‘Operation Clean the Water Bodies’ early results show improvement in Pra, Bromo rivers; In a groundbreaking move to combat the devastating effects of illegal mining – known locally as ‘galamsey’ – on the nation’s vital water resources, the Minerals Income Investment Fund (MIIF) and University of Mines and Technology (UMaT) are set to officially launch ‘Operation Clean the ...
GCB Bank partner Visa to launch Premium cards
2024年12月20日 · …elevating Banking Experience GCB Bank Plc, Ghana’s largest commercial Bank, has partnered with Visa, a global leader in digital payments, to introduce the exclusive GCB Visa Infinite and Visa Signature cards. This collaboration aims to meet the evolving needs of Ghana’s professionals, business owners, and frequent travellers, offering an unparalleled banking experience. Designed for ...
Business Archives - The Business & Financial Times
By Buertey Francis BORYOR FirstBank Ghana Limited has kicked off the year with its annual health walk at Peduase in Accra, promoting employee fitness, strengthening team bonds and setting a proactive tone for a productive 2025.
The hidden messages in financial statements: red flags and …
2024年10月29日 · By Enoch k. AKUFFU-DJOBI Financial statements are like a language—one that speaks to the health, prospects, and operations of a business. Yet, beneath the seemingly straightforward balance sheets, income statements, and cash flow reports lie hidden messages that reveal much more than meets the eye. Investors, analysts, and stakeholders need to …