Looking into Ghana’s fiscal position following increased spending on health and household support due to COVID-19 pandemic, Ghana’s fiscal deficit would widen to an estimated 11.3% in 2021. This is …
Agric and Environment
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Agric and EnvironmentEconomy and FinanceNews
Debt burden of SOEs…GNPC most indebted
by Adnan Adamsby Adnan AdamsGNPC must explain this financial performance at a time when it also spent GH₵200 million on ‘Corporate Social Responsibility’”, Bright Kwashie Dzokoto, a tax expert and a member of Tax …
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Agric and EnvironmentEconomy and FinanceMining & EnergyNewsPolitics
BOST’s “deferred tax obligation” claim beats financial knowledge – finance expert
by Adnan Adamsby Adnan AdamsThe release issued last week and signed by the Managing Director, Edwin Provencal, indicated that, “the revaluation which was a deliberate decision to enhance the reporting of the company led …
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Agric and EnvironmentEconomy and FinanceLifestyleMining & EnergyNewsPoliticsTechnology
Liabilities of most SOEs more than doubled in 4yrs – Mould
by Adnan Adamsby Adnan AdamsThe finance and energy expert, Alex Mould has, thus, summarised the liabilities of the major SOEs in the country to help in critical scrutiny of the performance of the SOEs. …
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Agric and EnvironmentEconomy and FinanceNews
High ‘cost of doing business’ a major burden to businesses
by Adnan Adamsby Adnan AdamsThe cost of doing business is high – and most of this is deliberate and orchestrated by the organisations who sometimes deliberately make doing business cumbersome so that the people …
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Agric and EnvironmentEconomy and FinanceNewsPolitics
BOST challenges GHC400mn lose in SIGA report
by Adnan Adamsby Adnan AdamsUnderlying Business of your company, BOST is PROFITABLE – The report of the GHC400 million losses made by BOST is not accurate. To measure the profitability and operational efficiency of …
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4 arrested in GH¢200k SIM swap fraud in joint EOCO and GAB operation
by Adnan Adamsby Adnan AdamsThe Economic and Organised Crime Office (EOCO) in collaboration with the Ghana Association of Banks, has arrested four (4) persons engaged in SIM swap fraud.
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Agric and EnvironmentEconomy and FinanceNews
Bring back national shipping line to save the cedi – Freight Forwarders
by Adnan Adamsby Adnan AdamsAccording to the institute, this will help bring competition amongst the various shipping lines while helping to address the issue of the depreciating cedi due to significant funds that are …
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Agric and EnvironmentEconomy and FinanceNewsPolitics
Privatise all SOEs to attain profitability as desirable – Economist advises gov’t
by Adnan Adamsby Adnan AdamsAccording to the 2020 State Ownership Report, the SOEs recorded a GH¢2.61 billion loss in 2020, although that was about 50 percent better over the 2019 aggregate loss of ¢5.16 …
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Agric and EnvironmentEconomy and FinanceNewsPoliticsTechnology
Gov’t strives to tame Cedi fall as it tops Africa worst currency table
by Adnan Adamsby Adnan AdamsAccording to a Bloomberg report, the Ghana Cedi depreciated by 18.21 percent against the U.S dollar in the first quarter of 2022. This places the Cedi as the worst-performing currency …