Blogs

CFA Society Ghana held a strategic regulatory engagement with the Securities and Exchange Commission (SEC), led by Mr Mensah Thompson, Deputy Director-General (Finance), and his team. The meeting focused on deepening collaboration to strengthen governance, enhance market transparency, and promote ethical standards across Ghana’s investment management industry. A key outcome of the discussions was a mutual agreement on the need to streamline and enforce standardised Mark-to-Market valuation practices across the industry. This initiative is critical to ensuring that the valuation of investment assets and portfolios accurately reflects prevailing market conditions. ...

CFA Society Ghana has taken a significant step toward deepening collaboration with Ghana’s financial regulators following a high-level courtesy call on the Governor of the Bank of Ghana (BoG), Dr Johnson Pandit Asiama. The engagement reaffirmed the Society’s commitment to supporting the Central Bank’s regulatory agenda, particularly initiatives designed to enhance market transparency, strengthen ethical conduct, and elevate professional standards across Ghana’s financial ecosystem. A central theme of the discussion was the Society’s commendation of the Bank of Ghana’s continued efforts in stabilising the macroeconomic environment. The Society reaffirmed its ...

CFA Society Ghana is pleased to announce the inauguration of its new Board of Directors for the 2025–2027 term. The new board officially assumed office on July 1, 2025, and brings a renewed commitment to advancing the investment profession in Ghana by promoting the highest standards of ethics, education, and professional excellence. Read more here

Every activity worth doing – including the most basic activities such as eating, sleeping, taking a stroll down the street, etc.- carries some degree of risk with no certainty of guaranteed outcome, even when the best-known method or technology is deployed. This saying is also true for investment in financial securities or any other form of investment. Peter Lynch, an American investor and mutual fund manager, put it more succinctly. “In this business (of investing), if you’re good, you’re right six times out of ten. You’re never going to be right nine times out of ten.” This quote encapsulates the unpredictability of investments and the importance of not ...

Our next stop was the Securities and Exchange Commission (SEC), Ghana. Discussions were held to advocate for upholding high-level ethical practices in the investment management industry, restoring confidence within the market, and bridging the existing knowledge gap within the industry. The meeting focused on several key areas to strengthen the country's finance and investment industry. One of the primary topics raised by the representatives of our Society was the introduction of a foundational investment program that would serve as one of the prerequisites for entering the finance and investment space in Ghana. This program aims to ensure that individuals and ...

Ghana is currently facing what may arguably be her worst economic crisis in the 4th Republic against the construct of a challenging global environment of a strong US dollar, inflation, supply chain disruptions, interest rate hikes to fight global inflation, and the ongoing Russia-Ukraine war. Using the official Bank of Ghana (BoG) rates, the local currency Cedi has depreciated year-to-date by 52% to 12.5370. Even though inflation skyrocketed to 37.2% as at September 2022, year-end inflation is likely to rise to between 45% to 50% largely driven by recent utility price increases and currency depreciation following the 23% Cedi depreciation between 30th September ...

The Board and Advocacy Committee of the CFA Society Ghana is embarking on a Regulatory Roadshow initiative to engage with the regulators in our market. On Friday, May 26th, 2023, we engaged with leaders of the National Pensions Regulatory Authority (NPRA). The aim of the meeting was to foster collaborations that would benefit regulators, CFA Society Ghana, and the pensions industry, with a strong emphasis on enhancing ethics, market confidence, and professionalism within the sector. Led by Nana Wiafe Boamah, CFA, the Society’s President, and Jojo Bannerman, CFA, Advocacy Committee Chair, our team praised the NPRA leadership for the remarkable growth witnessed ...