Finance
Abdul Rabiu’s cement firm soars with more than $280 million in revenue – Report
BUA Cement Plc, the Lagos-based cement firm led by Nigeria’s second-richest man Abdul Samad Rabiu, has announced a resilient financial performance for the first six months of its 2023 fiscal year, despite a shaky start.According to the company’s recent…
AGI calls for fair tax regimes that encourage growth, investment
The Association of Ghana Industries (AGI) has urged the government to discuss with industry players to help implement progressive and fair tax regimes that encourage growth and investment.The Association said the burden of high taxes fell disproportion…
Cut out laziness, over-dependence on religion – Amoabeng’s advice to businesses
UT Bank co-founder Prince Kofi Amoabeng has urged local businesses to create a work culture that is totally different from the Ghanaian one that is “generally, one of laziness, pulling people down, disrespect, jealousy, trying to shift blame, and over-…
Economy will rebound with post-COVID-19 recovery programme – Finance Ministry
The Ministry of Finance is optimistic of a rebound in the economy through the Post-COVID-19 Programme for Economic Growth (PC-PEG).The programme is a blueprint prepared to restore macroeconomic stability, promote debt sustainability, and sustained econ…
One day, I’ll point out where ‘dead bodies’ of this government are buried – Raymond Archer serves notice
Businessman Raymond Archer has sounded a strong warning to the government of President Nana Addo Dankwa Akufo-Addo.According to the businessman, the Akufo-Addo administration having been responsible for the collapse of several businesses in a political…
Gold, Crude oil export see spike of US$3 billion in 2022 – Report
In 2022, the exportation of gold and crude oil recorded an increment of US$3 billion, according to the 2022 Annual Report and Financial Statment of the Bank of Ghana.While exports of gold in 2022 amounted to US$6.61 billion, compared to
Investors are leaving Ghana due to bad governance – Attah Issah
The National Democratic Congress (NDC) parliamentary candidate for Sagnarigu has revealed that investors are leaving Ghana due to the Akufo-Addo government’s failure to prudently use revenue.Attah Issah who bemoaned the financial wastage that is happen…
Here is a breakdown of the GH¢2.7 billion Bank of Ghana spent internally in 2022
The Bank of Ghana’s annual report has revealed that GH¢131.586 million was spent on motor vehicle maintenance/running as of December 2022.This is away from the GH¢61.510 million spent over the same period in 2021.The report also noted that personnel co…