NAFTI EYE

Some hands holding menstrual cups Menstrual cups are reusable feminine hygiene products. According to a study from the European Commission, menstrual products are the fifth most common plastic product s  found in the oceans. Menstrual cups have been around for decades now, but in recent years its usage has become much more common in Ghana.  These cups are an eco-friendly alternative to pads and tampons. According to a study published in The Lancet in 2019, there are 199 identified brands of menstrual cups, and available in 99 countries. In Ghana, the prices of these menstrual cups range from 8 0 cedis to 350 cedis. Most ladies are turning to the menstrual cup's usage lately because of the many benefits of the menstrual cups such as, it's a good absorber, it's reusable, it's also cost effective. A display of menstrual cups on a table Hilda Aidoo also  confirms on the use of the menstrual cups to be more beneficial compared to the sanitary pads because it is reusable, ...

            Mobile money services provided by different Telecommunication  networks.   For a society accustomed to carrying large sums of money in their pockets, wallets and handbags etcetera, the idea of transferring or receiving money with a few taps of a keyboard on a mobile phone sound's enticing.  Mobile money can be described as a financial service provided by a mobile network operator or another organization that collaborates with and is supported by a network of mobile money agents. With a six-fold increase in registered accounts between 2012 and 2017, Ghana has emerged recently as Africa's mobile money market with the fastest growth. MTN introduced mobile money for the first time in Ghana in 2009 to much excitement. But the excitement faded very quickly as only roughly 350,000 Ghanaians were actively using mobile money accounts three years later. As providers struggled to understand why mobile money was not working, they soon di...

    UP IN SMOKE: The Lingering Effects of Fire Outbreaks on Business Operations.      Market fires can be devastating to businesses, causing millions of cedis in damage and loss of goods. A fire's aftermath can be devastating for business owners, who may struggle to recover financially.   KEJETIA MARKET FIREOUTBREAK SOURCE: https://www.google.com/url?sa=i&url=https%3A%2F%2Fmetrotvonline.com%2Fauthorities-shutdown-down-kejetia-market-after-fire-outbreak%2F&psig=AOvVaw0wP1ab-eWT64SUXhfC2PzK&ust=1685068689244000&source=images&cd=vfe&ved=2ahUKEwicvbaWuI__AhUinCcCHfpxBp4Qr4kDegUIARC2AQ Affected market shop owners say “Rebuilding a business from scratch can be a discouraging task, especially for they that lack the financial resources to do so. However, with the right support and resources, they can bounce back from the fire outbreak”.                         ...

      The Economic and Financial Story Behind the Growth and Collapse of Bitcoin.       A n image indicating bitcoin.           Source:  https://www.barrons.com/amp/articles/bitcoin-ethereum-price-crypto-markets-today-147df5de             In  Despite the endorsement from Tesla, Bitcoin's long-term viability remains uncertain. The lack of regulatory oversight and the potential for market manipulation have raised concerns among policymakers and financial institutions. Governments around the world have grappled with how to approach cryptocurrencies, leading to a patchwork of regulations that vary from country to country.   The growth and collapse of Bitcoin reflect the challenges and opportunities inherent in the world of digital currencies. Its decentralized nature, while appealing to some, has made it difficult to establish trust and stability. As businesses and investors continue to navig...

By Amponsah Kwaku Yeboah - 26th May 2023  Some Ghanaians are worried about the proposed increment of fees for road tolls as they   lament over the reintroduction of road tolls amidst the e-levy taxation by government of  Ghana through the finance ministry.  However, the idea is to enable the government to  generate enough revenue domestically.          Some road toll collection points in Ghana (Accra-Kasoa road) The collection of road tolls was one of the revenue generation plans in the 2023 budget that finance  minister Ken Ofori-Atta submitted to parliament in November 2022. Meanwhile, payment of tolls was  ceased in November 2021 by the minister of roads and highways, Kwasi Amoako-Atta. He said, the 37  toll booths across the country give only GHs 78 million to the government, and these toll booths also  cause traffic congestion. The targeted revenue from the road toll is GHs 2.4 billion annually. Due to...

  Gold (0.015%), Cocoa (0.082%) and Coffee (0.113%) were the top 3 price gainers on the international  commodity market in April 2023.  D riven by signs of lower demand and expectations of economic  slowdown, Brent Crude Oil prices  saw a decline in which a barrel is been traded at USD  79.54   at the end of the trading section in   April 2023 representing   about   -0.003%.   From the  table below, Brent crude oil which started the  month at USD 79.77 closed the month at  about 23 cents lower. This means that the drop in oil prices could cause a shift in real income from oil exporters to importers. Importers will be buying at a cheaper price. This could result in a net positive effect on global activity in the medium term. The loss in oil revenues for exporters will put a strain on public finances. However, savings among oil importers could help rebuild fiscal space. For example, Ghana is the importer of crude o...

  IMAGES COURTESY OF GOOGLE The top five gainers on the equities market of the Ghana Stock Exchange (GSE) in April 2023 were  GOIL (0.61%), MTN Ghana (0.80%), GCB Bank (1.59%), Benso Oil Palm Plantation (20.91%),  and Unilever Ghana (20.00%). MTNGH, the company with the most traded stocks in the month of April The GSE Composite Index dropped 3.87 points in April 2023, according to the Summary of  April 2023 Market Activities. Although there was a significant increase in both the volume and  value of shares traded on the Ghana Stock Market . However, despite these increases,  the overall returns remained negative. The Ghana Stock Exchange Composite Index declined  from 2745.333 million in March to2741.456 million in April. The month-to-date return for the  entire equity market was -0.14 percent, indicating a decline, and the financial stock index also  showed a negative return of  -2.68 percent.  Below is a table of the performance o...