The mention of mutual funds may befuddle the ordinary investor. Many regard it as esoteric. But mutual funds are a good way to invest as well as diversify one’s investment portfolio. It is an asset class that every investor should know of. This article briefly looks at investing in mutual funds in Ghana. The mention
Erstwhile Minister for Finance, Seth Terkper, has called for the introduction of sunset clause(s) in corrective temporary taxes introduced by government in times of crisis. Mr Terkper, a tax expert, touching on the introduction of taxes by governments as an austerity measure during times of economic crisis, opined that such corrective taxes having served their
The president of the African Development Bank (AfDB), Dr. Akinwumi Adesina on Wednesday said that the bank will support the African Continental Free Trade Area (AfCFTA) with $208 billion, as part of its contribution towards stimulating investment in Africa. “We remain highly committed to the success of the AfCFTA. As we look to the African
Many countries are experiencing a combination of high public debt and low interest rates. This was already the case in advanced economies even prior to the pandemic but has become even starker in its aftermath. A growing number of emerging market and developing economies are likewise enjoying a period of negative real rates—the interest rate minus
The Speaker of Parliament Alban Bagbin is on a collision course with President Akufo-Addo over his decision to slash budget estimates for the Judiciary and the Legislature. Alban Sumana Bagbin during the presentation of the 2021 budget statement last Friday directed the Interim Finance Minister Osei Kyei-Mensah-Bonsu and the Vice President Dr Mahamudu Bawumia, who
Data from the Ghana Revenue Authority (GRA) has shown that revenue generated from personal income tax has continuously seen a decline for the past five years – a situation that tax experts and authorities said can be partly blamed on the evasion of taxes by some professionals whose income are not captured in the tax
The end result of the two world wars, coupled with a Great Depression was enormous physical and economic destruction in both Europe and the United States. These necessitated the drive to create a new international monetary system that would stabilize currency exchange rates without backing currencies entirely with gold; to reduce the frequency and severity of balance-of-payments deficits;
In particular, the initial state of the company’s sales and operations planning capabilities limited their ability to account for demand variability or raw material lead times in production and distribution. Improve sales and operations and production planning.
Despite pandemic-induced supply chain challenges and construction delays, renewable capacity additions in 2020 expanded by more than 45% from 2019, and broke another record. An exceptional 90% rise in global wind capacity additions led the expansion. Also underpinning this record growth was the 23% expansion of new solar PV installations to almost 135 GW in 2020.
Africa, despite its low contribution to greenhouse gas (GHG) emissions, remains the most vulnerable continent to climate change impacts. It also hosts some of the lowest-income countries in the world, limiting the resources available for adapting to a heating planet. Seven out of the 10 most climate vulnerable nations in the world are located in Africa.