SOVEREIGN WEALTH FUNDS: A DIFFERENT INVESTMENT PHILOSOPHY -LESSONS FOR GHANA’S MIIF?

SOVEREIGN WEALTH FUNDS: A DIFFERENT INVESTMENT PHILOSOPHY -LESSONS FOR GHANA’S MIIF?

August 21, 2026 Written by Cobby Brown The world's leading sovereign wealth funds were never designed to maximise annual accounting profits. Instead, they exist to ensure that today's natural resource revenues become tomorrow's productive capital. Professor Joseph Stiglitz, Nobel Laureate in Economics, summarised this principle succinctly: "Natural resources should be transformed into productive assets that benefit future generations." Similarly, former Governor of the Bank of England and current Prime […]

August 21, 2026 38

General

PAY YOUR WORKERS’ SSNIT OR FACE JAIL TIME – SSNIT’s JEMIMA OFORI WARNS EMPLOYERS

The Head of External Communications at the Social Security and National Insurance Trust (SSNIT), Mrs. Jemima Ofori, has reiterated that it is compulsory for every employer in Ghana to pay SSNIT contributions for their employees monthly. According to her, the laws of Ghana mandate every employer to pay SSNIT for their workers, regardless of whether the worker is in the formal or informal sector. Speaking in an interview with […]

August 10, 2026 31

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Pokuase ACP Estate Residents Appeal for Urgent Fix of Poor Drainage to Avert Flooding

Residents of Pokuase ACP Estate, near High Tension in the Ga North Municipality of the Greater Accra Region, are appealing to the Municipal Assembly and relevant authorities to urgently fix the poor drainage system in the area to avert future flooding. According to the residents, the main drain near His Presence ICGC Church is choked with rubbish. They allege that some individuals and companies have illegally connected their […]

July 29, 2026 76 1

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Communications

The Power of Football: Uniting Ghana Behind the Black Stars

It is truly inspiring to witness the overwhelming support for our senior national team, the Black Stars of Ghana — the Star of Africa. Children, students, and youth of all genders, together with teachers, government agencies, heads of department, private sector leaders, religious communities including Christians and Muslims, traditional councils and traditional leaders, as well as politicians, have all rallied behind the team. This remarkable show of unity […]

June 24, 2026 66 1 4

General

BoG absorbs GH¢17.2bn in liquidity amid inflation fight, FX stability

The Bank of Ghana absorbed GH¢17.24 billion from the banking system through a sale of 14-day bills, signalling its determination to keep liquidity conditions tight as policymakers seek to consolidate gains in inflation and currency stability. The operation, one of the central bank’s largest recent liquidity-management exercises, comes as authorities balance inflation pressures with the need to prevent excess cash from fuelling foreign-exchange demand and renewed price pressures. Per […]

June 10, 2026 8

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UTAG threatens strike over delayed book and research allowance

The University Teachers Association of Ghana (UTAG) has threatened to embark on a nationwide strike from Monday, June 15, if the Ministry of Finance fails to release the dollar rate required for the payment of book and research allowances by the end of this week. UTAG said the delay has frustrated lecturers across the country’s public universities, warning that members have already given the national leadership the mandate to […]

June 10, 2026 16

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Body of drowned 30-year-old electrician recovered at Ga South

The remains of a 30-year-old electrician, identified as Razak Gideon, have been retrieved at Nsuo Na Ano (Peace Town) in the Ga South Municipality of the Greater Accra Region. Gideon was swept away by the Agyei River, which had overflowed its banks in an attempt to rescue a 17-year-old BECE graduate from floodwaters at Atia, also in the Ga South Municipality. The remains of the deceased were found on […]

June 10, 2026 11

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Assemblies must account for funds and project delivery — Local Gov’t Minister

The Minister for Local Government, Chieftaincy and Religious Affairs, Ahmed Ibrahim, has warned Metropolitan, Municipal and District Chief Executives (MMDCEs) that their performance will be closely scrutinised as part of efforts to strengthen accountability and improve service delivery at the local level. The Minister issued the warning during an assessment tour of selected Metropolitan, Municipal, and District Assemblies (MMDAs) in the Greater Accra Region on June 9, 2026, where […]

June 10, 2026 7

General

Kasapreko IPO secures GH¢1.72bn in bids from investors

Kasapreko PLC’s Initial Public Offering (IPO) has attracted an overwhelming response from investors, with total bids reaching approximately GH¢1.72 billion, more than double the company’s target raise of GH¢700 million. The strong demand translates into a subscription level of about 246%, representing an oversubscription of roughly 146% above the amount sought by the beverage manufacturer. The development makes the Kasapreko IPO one of the most successful public offerings in recent […]

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