The Asantehene, Otumfuo Osei Tutu II, has pledged his support for good investment drives that seek to provide job avenues for his people in the region to promote development in Ghana. He has therefore appealed to investors to take advantage of the serene business nature of Kumasi and Ashanti …
Read More »Investment that is best in the Ghanaian financial markets
Investments are generally motivated by the desire for profit; each investor aims to use his money profitably to generate significant returns. As a result, investors may decide to put their money into one or more of the available investment classes, including bonds, stocks, cash equivalents, real estate, various commodities, etc. …
Read More »Ghana’s democratic credentials and mining framework good for investment – Jinapor
The Minister for Lands and Natural Resources, Samuel Abu Jinapor, says there must be a careful balance between ensuring that citizens get the maximum benefits from their resources and attracting the needed capital and technology for the effective exploitation of the resources. Contributing to a panel discussion on ‘Resource Nationalism’ …
Read More »Why treasury bills are good investment instruments
A Treasury bill (T-Bills) is a short-term investment product (from 91 to 365 days) backed by the Bank of Ghana on behalf of the Government. Treasury bills are one of the safest forms of investment because they are backed by the Ghana Government and are considered risk-free. You can purchase …
Read More »Sanction SSNIT officials responsible for $11m pensions investment loss – Auditor-General
2020 Audit report found $11m loss in pensions investment A-G asks SNNIT management to investigate SSNIT failed to retrieve GH¢146.9m loan from Ghana Road Fund Ghana’s Auditor-General, Johnson Akuamoah Asiedu, has urged the management of SNNIT to punish the officers responsible for the $11m loss in pensions investment. The Auditor-Generals …
Read More »Top 20 Business Ideas & Investment Opportunities in Ghana
The last financial year was really gloomy for the people of Ghana as the economy was not in a right form and continuously the GDP was dropping due to the various internal and external factors. But last year, in 2020, the economy revived and is now growing at a rate …
Read More »Ghana rank top investment destination in West Africa – Report
Ghana Presido Akufo-Addo with Naija’s Buhari Ghana don dey ranked di best country in West Africa to invest in, according to Rand Merchant Bank latest report. Wit de new category, Ghana outperform Nigeria, Ivory Coast, and Senegal dia west African neighbors. Ghana also be di sixth-best investment destination in Africa, …
Read More »LPG marketers fear losing GH¢60 million investment
A GH¢60million investment by the Liquefied Petroleum Gas Marketing Companies (LPGMCs) Association into building about 100 LPG retail outlets before the 2017 Atomic Junction accident in Accra is at risk of going down the drain. Government, after the incident which happened on October 27, placed a ban on new …
Read More »Ghana’s new investment law delayed until 2021
With the processes aimed at operationalizing the African Continental Free Trade Area (AfCFTA) that started this year, it has become necessary for the Ghana Investment Promotion Centre (GIPC) and key partners to slow down the process of revising the GIPC law. The completion of the review had been scheduled for …
Read More »Ghana is best place to invest in Africa – Bawumia
Vice President Dr. Mahamudu Bawumia has explained to a group of Canadian investors why Ghana is the best investment destination in Africa for both local and foreign investors. According to Dr. Bawumia, not only do Ghana’s political stability and security as well as benign legal and regulatory environment offer the …
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