The Managing Director of FirstBanC financial services, Mr. Amenyo Setordzie has observed that although the wide-ranging tax cuts could place the government’s fiscal position under pressure, the 2017 budget is achievable. Analyzing the 2017 budget presented by the Finance Minister last week, Mr. Setordzie described government’s finance policy as ambitious. He however cautioned, “Key risks … Read more
The Chief Executive Officer of Progeny Ventures, and Executive Chairman of Global Access, Dr. Kofi Amoah, has called for a public policy that mandates commercial banks to commit a specific percentage of their lending to ailing sectors of the economy. “The cause for deregulating and liberating finance so that it seeks out the most immediately … Read more
The country’s industrial sector is in a dire situation as figures from the Ghana Statistical Service (GSS) show that it recorded a -5percent growth in the second quarter, reflecting the draining impact of the long-drawn power crisis, free inflation and high interest rates on the sector. As recently as 2011, the industrial sector, as compared … Read more