Dr John Kwabena Kwakye, Director of Research at the Institute of Economic Affairs (IEA), has suggested adopting the dollar as Ghana’s currency to stabilise the economy.
Category: Finance
Financial Literacy Among Retirees
Financial literacy is a critical life skill that empowers individuals to make informed decisions about managing their money, planning for the future, and achieving financial goals. It encompasses a range of knowledge and skills, including budgeting, saving, investing, debt management, retirement planning, and understanding financial products and services. Financially literate individuals are better equipped to […]
Financial Literacy as a Compass to Financial Freedom
Financial literacy is often thrown around, but what does it truly encompass? Financial literacy is the ability to understand and manage your money effectively. It is the knowledge and skills that empower you to make informed financial decisions, navigate complex financial products, and ultimately achieve your financial goals. Whether you’re a young adult just starting […]
Strong Calls for Innovative Financing, Reform of the International Financial System to Achieve the SDGs in Africa
Addis Ababa, Ethiopia//- – In a strong call to stakeholders at the opening of the tenth Africa Regional Forum on Sustainable Development (ARFSD-10) in Addis Ababa, Ethiopia, Amina Mohammed, UN Deputy Secretary-General said urgent action is needed to increase capital flows into developing countries, particularly in Africa to make the SDGs stimulus a reality.
CAL Bank Shareholder Files for Injunction on Bank’s GHS 600m Capital Raise
A minority shareholder of CAL Bank has filed for an injunction against the bank’s decision to raise some GHS 600 million in capital.
Central Bank of Mauritania Commissions G+D to Design a Digital Currency
Munich/Washington//-– SecurityTech company Giesecke+Devrient (G+D) and Banque Centrale de Mauritanie have signed an agreement during the Spring Meetings of the International Monetary Fund and the World Bank Group to jointly explore the development of a digital form of the national currency Ouguiya.
The Role of Digital Currency in Enhancing Financial Inclusion in Ghana
The digital age is ushering in revolutionary changes in the financial sector globally, with digital currencies at the forefront of this transformation.
EPL Ghana Opens Applications For Its 2024 Cohort
Accra, Ghana//-Emerging Public Leaders of Ghana (EPL Ghana), an organization committed to empowering the next generation of civil service professionals has opened for applications for its 2024 cohort.
Bank of Ghana Financing 2024 Budget; Using Monetary Policy to Hurt domestic Banks – IEA
The Executive Director of the Institute of Economic Affairs (IEA), Dr John Kwakye, has criticised the Bank of Ghana for using monetary policy instructions to finance the 2024 budget at the expense of domestic banks.
Bank of Ghana Appoints Advisor For UMB to Help Bank’s Recapitalisation Efforts
Accra, Ghana//-The Bank of Ghana (BoG) has appointed Dr Joseph O. France as an Advisor to advise the management effective 25th March 2024.