Ghana Business Roundup: Professional Honors, Strategic Appointments, and Global Financial Disclosures

28th March•3 min read•6 sources

The Ghanaian business sector has witnessed a flurry of significant activities, marked by high-level professional recognitions, strategic appointments to state funds, and impactful corporate social responsibility initiatives. Amidst these local developments, international financial reports have also cast a spotlight on the investment portfolios of African banking titans and the fiscal challenges facing global sports entities. These events collectively underscore a period of transition and growth within the auditing, insurance, and SME sectors, while highlighting the importance of transparency and institutional support in the modern economy.

In a significant move for professional leadership, Mr. Felix Tamattey, the Managing Partner of CFY Partners, was recently inducted into the Corporate Ghana Hall of Fame at its 11th annual awards ceremony held at the La Palm Royal Beach Hotel. The honor recognizes his extensive contributions to the accounting and auditing profession, where he has championed innovative business advisory services and improved working conditions. Simultaneously, the Ghana Education Trust Fund (GETFund) strengthened its governance with the swearing-in of Boatemaa Barfour-Awuah to its Board of Trustees. As the CEO of Star Assurance and President of the Ghana Insurers Association, Barfour-Awuah brings a wealth of expertise as a Chartered Insurer to the fund, following her recent election as the 12th President of the GIA.

On the international front, financial transparency and investment strategies have become central themes. Reports have linked the late Dr. Herbert Wigwe, former CEO of Access Corporation Plc, to a staggering portfolio of 106 luxury properties in London. This discovery, made possible by evolving UK regulations regarding offshore ownership, ranks him as a leading foreign owner of prime real estate. In the world of sports finance, Leicester City reported a pre-tax loss of £71.1 million for the 2024-25 season, bringing their total three-year losses to over £180 million. Despite these figures exceeding standard profit and sustainability rules, the club remains optimistic about compliance through strategic infrastructure and youth development investments.

Corporate entities are also deepening their social footprint, with the Insurance Brokers Association of Ghana (IBAG) taking steps to address infrastructure needs. During its 11th Annual Conference, IBAG donated a borehole and water storage tank to St. Peter’s Senior High School to mitigate a persistent campus water crisis. Meanwhile, Bolt Ghana’s "She Moves to Win 2.0" campaign has highlighted the significant demand for financial support among female entrepreneurs, attracting 1,170 applications for SME grants. Managed by the Duafe Foundation, this initiative aims to bridge the funding gap for women-led businesses, with final beneficiaries set to be announced in early 2026.

These diverse developments reflect a maturing business environment in Ghana, where professional excellence is celebrated alongside a commitment to social welfare. The blend of rigorous financial scrutiny in international real estate and sports, combined with local efforts to empower SMEs and improve educational infrastructure, illustrates the multifaceted role of modern business leaders. As transparency regulations tighten globally and corporate social responsibility becomes more targeted, the focus remains on building resilient institutions that can navigate both socio-political changes and economic shifts.

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Ghana Business Roundup: Professional Honors, Strategic Appointments, and Global Financial Disclosures

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