While the Covid-19 pandemic resulted in few direct claims for the marine insurance sector, the impact on the welfare of crews and the boom in shipping and port congestion, exacerbated by the Ukraine invasion, raises potential safety concerns.
Category: Investing
Surviving High Inflation
Inflation is simply the general increase in prices of goods and services over time. As the rate of inflation increases, your purchasing power reduces. In effect, when there is high inflation, your money is unable to buy as many things as it did before.
Ghana: ‘Criminals Would Takeover Parliament and the Executive If Monetisation of Elections Doesn’t Stop’
Accra, Ghana//-Speakers at Ghana Center for Democratic Development (CDD-Ghana) round-table have warned that criminals including drug barons would soon takeover Ghana’s Parliament and the Executive if the unbridled monetisation of elections in the country does not stop.
Asset Declaration: Bawumia, Ofori-Atta, Osafo-Maafo, Kyei-Mensah-Bonsu and 88 Others Didn’t Fully Comply
When President Nana Addo Dankwa Akufo-Addo was sworn into office in January 2017, one of the first constitutional obligations he embarked on was the declaration of his assets.
Ghana’s Debt: the Pros and Cons of Borrowing Abroad Versus at Home
Ghana’s borrowing has it on the verge of debt distress. Shutterstock Adu Owusu Sarkodie, University of Ghana A government which decides to borrow – either because it has programmed a budget deficit or needs to refinance maturing debts – faces two, non-mutually exclusive possibilities: borrow domestically in the local currency or borrow externally in a […]
African Entrepreneurs ‘Set For Take Off’
African business leaders are expecting the entrepreneurial spirit to take off across the continent over the next three years on the back of an improved environment for business and greater political stability, new research* for blockchain-based mobile network operator World Mobile shows.
Pandemic Did Not Undo Accountable Budgeting Practices Worldwide Survey Finds
Washington, DC, USA//—The International Budget Partnership (IBP) unveiled its latest Open Budget Survey (https://internationalbudget.org/open-budget-survey), which found that most countries preserved accountable spending practices in their annual budget processes during the pandemic.
MTN Contributes GHS3.1 Billion in Taxes, Others to Ghana’s Dev’t in a Year
Accra, Ghana//-MTN Ghana today revealed that it has made a fiscal contribution of GHS3.1 billion to the socio-economic development of the country just in 2021.
Waning ‘Tech Wreck’ is a Buying Opportunity for Investors
Tech stocks have been radically beaten-up in recent months as interest rates are hiked, but savvy investors are now starting to increase exposure to this currently out-of-favour sector, says the CEO of a global financial giant.
Ghana Classified Among 10 Countries Globally at Risk of Debt Distress–Sovereign Risk Tracker
Ghana has been classified among 10 countries globally by CFR Sovereign Risk Tracker that are at risk of debt distress.