Business
Stanbic executive calls for involvement of financial institutions in wholesale electricity market
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […]
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Columnist
The roll call of contemporary Financial Evangelists (Part 3)
By Nelson Semanu BOANDOH-KORKOR & Elizabeth BOANDOH-KORKOR “Money is not sinful or evil. The kingdom of God needs it desperately! Making money is what I do best but it must be made for God’s glory and not mine. As a Christian entrepreneur, my company relies on prayer and inward confirmation by the Holy Spirit before […]
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Featured
Institutional Suppliers reschedule planned picketing to April 8
The National Association of Institutional Suppliers has rescheduled its planned picketing to Monday, April 8, 2024, at the Ministry of Education. The association had initially intended to picket on March 4, 2024. The decision to reschedule arises from the Ministry’s ongoing failure to award contracts and settle outstanding debts to the association’s members, which total […]
The post Institutional
General
GhIE honours five AngloGold Ashanti Engineers
The prestigious Ghana Institution of Engineering (GhIE) celebrated a momentous occasion during its 54th Annual Excellence Award ceremony held at the Labadi Beach Hotel in Acca, on March 22, 2024. The highlight of the evening was the conferment of the Esteemed Class of Fellows on exceptional engineers, five of whom are engineers from both AngloGold […]
The post GhIE honours five
Banking & Finance
Exploration fund to serve as financial catalyst -Steven Ackah
By Juliet Aguiar DUGBARTEY Dr. Steven Blessing Ackah, Executive Director of Ghana Gold Expo, has called for the establishment of exploration fund in Africa, particularly Ghana, to serve as a financial catalyst, enabling local individuals and entities to actively participate in exploration activities. He said the Exploration Fund should be accompanied by a strong commitment […]
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Headlines
Be bold and courageous -Sam Okudzeto charges engineering practitioners
A member of Council of State, Mr. Sam Okudzeto, has charged African engineering practitioners to be bold and courageous in the discharge of their engineering duties. He said when he looked at the profiles and various groups within the various engineering fields and the specialisation involved, it looks like there is nothing that we can […]
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Energy
ECG ordered to rectify financial, operational discrepancies
By Kizito CUDJOE The Public Utilities Regulatory Commission (PURC) has issued a strict directive aimed at the Electricity Company of Ghana Limited (ECG) to ensure the financial stability and operational integrity of the energy sector. The directive, issued under Sections 3 and 24 of the Public Utilities Regulatory Commission Act, 1997 (Act 538), follows ECG’s […]
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Editors' picks
Partnerships necessary for policy formulation to accelerate sustainable finance
Head of Financial Advisory & Equity Capital Markets at Stanbic Bank, Isaac Simpson, has emphasized the need for collaboration between the right stakeholders in order to form the necessary policies to accelerate sustainable finance. He made this statement at the 2024 Africa Energy Technology Conference, held at the Labadi Beach Hotel. Speaking on the topic […]
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Sports
Nottingham Forest Deducted 4 Points… For Financial Breach
Nottingham Forest have been deducted four points for breaching the Premier League’s Profit and Sustainability Rules (PSR), the league announced yesterday moving the side into the relegation zone. Forest
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General
GhIE and Prof Douglas Boateng co-launches Annual Lecture Series
The Ghana Institution of Engineering (GhlE) and Professor Douglas Boateng, a distinguished international chartered director and industrial engineer, have teamed up to co-establish a first-of-its-kind continental-wide annual lecture series on industrialization, supply chain management and governance. The event, known as “The GhIE/Professor Douglas Boateng Annual Lectures,” aims to foster knowledge exchange and advance the fields […]
The post GhIE
Columnist
Transforming Financial Management: Using Cloud Accounting Solutions
As digitalization continues to transform accounting practices, a business organization needs to respond and adapt to a more reliable and efficient system and application to streamline its operations. The current trend is the integration of financial management with cloud accounting software. Cloud accounting is the use of internet-based accounting software to store, process and secure […]
The post
Headlines
3i Africa Summit to ignite Fintech revolution for Africa’s financial future
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […]
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News
Institution of Surveyors pushes for regulatory framework to properly guide its members
The Federation of Ghana Institution of Surveyors is pushing for a regulatory framework that will properly guide the work of its members and also help address the menace of quack surveyors. Many landowners usually fall victim to the activities of unqualified and uncertified surveyors, a situation which often leads to land litigation and disputes. As […]
The post Institution
Education
Institutional Suppliers threaten to picket on March 4 over unpaid arrears
The National Association of Institutional Suppliers has scheduled March 4, 2024, to picket at the Ministry of Education. This decision stems from the persistent neglect demonstrated by the ministry in awarding them contracts and settling outstanding debts owed to its members, which collectively exceed GH¢100 million. The association laments the government’s failure to honour payments […]
The post Institutional
Banking & Finance
Bridging the gap: Financial inclusion lags as 68% of Ghanaians remain financially illiterate
Access to financial services continues to play a pivotal role in driving economic growth in nations across the globe. In the wake of rapid post-COVID-19 structural transformations in economies worldwide, the issue of financial inclusion has taken centre stage in national policy discussions. Financial inclusion stands as a vital indicator for inclusive growth in any […]
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Business
Protecting your business from financial irregularities: A forensic audit perspective
Financial irregularity is one of the thorny issues organizations tend to grapple with in their operations. It is a matter of interest in terms of demanding accountability regarding the use of resources. The issue is a yearly ritual in the public financial management of government institutions and attracts wide national commentary. The private sector also […]
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General
Ghana’s corruption rating can change if we avoid politicization of institution appointments
A Political Science Lecturer at the University of Ghana, Professor Joseph Atsu Ayeh, says Ghana’s position on the latest corruption percentage index can change if governments depoliticize appointment procedures in state institutions. The political science lecturer believes weaker institutions, coupled with the appointments of incompetent individuals, have contributed to Ghana’s static position of 43rd on […]
The post Ghana’s
Education
Suppliers of uniform to schools threaten to picket over unpaid arrears
Members of the National Association of Institutional Suppliers say they will proceed with a planned picket over the government’s refusal to pay all arrears owed them. The association, a key player in supplying school uniforms, house dresses, and school clothes to senior high schools across Ghana, is owed two years of arrears by the government. […]
The post Suppliers
News
GhIE President outlines sustainable housing technologies
President-Ghana Institution of Engineering (GhIE), Ing. Kwabena Bempong, has outlined alternative sustainable housing building technologies that are cost effective and give true meaning to affordable housing in Ghana. He said as construction costs rise and urbanisation accelerates, the housing market tends to cater primarily for the affluent – excluding individuals in the low- to medium-income […]
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