Skip to main content

YPO to launch Ghana chapter

Eunice Darko

Young President Organization, (YPO), an international business organization, has announced its intentions to launch a chapter in Ghana by the end of this year. The Ghana chapter will be chaired by Mr. Ashok Mohinani (CEO, MOHINANI GROUP).

The organization provides an opportunity to network with business leaders, already has 17 chapters constituting 450 members in Africa.

Releasing the Global Pulse Index for the last quarter of 2011 in Accra last week, Khusto Mampeule, member of YPO Johannesburg Chapter and the chair of YPO Africa region, said despite challenges in the Eurozone and parts of Asia, economic confidence amongst African CEO’s remains robust.

After declining for three straight quarters, the YPO Global Confidence Index rebounded in the fourth quarter of 2011, climbing 3.2 points to 61.2. According to the repor,t confidence was up in every region except in the Middle East/North Africa, non-EU Europe and Asia.

“It was buoyed by the Americas, where confidence levels jumped more than four points in Canada, USA and Africa run next to L atin America,” the report stated.

For the first time since YPO began measuring CEO sentiment in July 2009, Asia landed below the global reading and the USA came above it.

The YPO Global Pulse Confidence Index combines CEO answers about expected and most recent quarter sales, employee numbers, fixed investment and business conditions. The index is centred on 50. A reading below 50 indicates a negative outlook, while a reading above 50 indicates a positive outlook.

The quarterly electronic survey, conducted in the first two weeks of January 2012, gathered answers from 2,157 CEOs across the globe. The YPO Global Pulse is the only CEO economic sentiment survey to span the globe on a quarterly basis.

YPO is a non profit global network of young CEOs with the aim of becoming better leaders through education and idea exchange. Founded in 1950, YPO provides 19000 peers and their families in more than 110 countries with access to unique experience, world-class resources, alliances with top learning institutions, and specialized networks that help them enhance their business, community and personal leadership.

Comments

Popular posts from this blog

Fitch Solutions retains 2025 growth rate projection at 4.2%

 Fitch Solutions has reaffirmed its projection that Ghana’s economy will expand by 4.2% in 2025. This estimate slightly exceeds the International Monetary Fund’s forecast of 4% and the World Bank’s projection of 3.9%. The UK-based research firm attributes its outlook to historically high gold prices, which are expected to cushion the Ghanaian economy against a global slowdown triggered by rising tariffs. Higher gold prices are anticipated to strengthen government revenue, enhance foreign exchange earnings, and help sustain currency stability. The report also highlights that Ghana is relatively less vulnerable to increasing trade restrictions from the United States, given that its primary exports—gold and crude oil—are not directly affected by the tariffs introduced by President Trump’s administration. Moreover, the US constitutes only about 4% to 5% of Ghana’s total exports. In contrast, Ghana’s trade relations are more heavily oriented toward China and European countries, particul...

BoG injects $20m into FX market to support 11 BDCs

  The Bank of Ghana (BoG) has injected $20 million into the foreign exchange market in the latest round of its forward FX auction targeted at Bulk Oil Distribution Companies (BDCs). The intervention, which benefited eleven BDCs, is part of the central bank’s broader strategy to stabilise the cedi and ensure price stability in the petroleum downstream sector. Held on Tuesday, April 29, the auction was priced at a locked exchange rate of GHS 14.28 to the US dollar, with bid offers ranging from GHS 13.85 to GHS 15.55. This move reflects the BoG’s continued effort to deepen forex liquidity and safeguard the domestic fuel supply chain against volatility in global energy markets. By directly supplying FX to BDCs, the central bank seeks to ease pressure on the interbank market, guarantee the uninterrupted flow of petroleum products, and mitigate the pass-through effects of exchange rate fluctuations on fuel prices. The $20 million disbursement forms part of a $120 million programme for th...

Kenpong Travel & Tours Champions Breast Cancer Awareness During Customer Week

  As part of activities to mark Customer Week, Kenpong Travel & Tours, a leading travel agency in Ghana, is joining the global fight against breast cancer. October is Breast Cancer Awareness Month, and the company is passionate about spreading hope and support to those affected. At Kenpong Travel & Tours, we believe that travel and exploration can be therapeutic and empowering. That's why we're committed to supporting our customers and the broader community in the fight against breast cancer. We're proud to stand in solidarity with breast cancer warriors and survivors. At Kenpong Travel & Tours, we believe that everyone deserves a chance to explore the world and create unforgettable memories. Let's prioritize health, support one another, and fight against breast cancer," said Kennedy Agyapong, CEO of Kenpong Travel & Tours. Our efforts are focused on raising awareness, promoting early detection, and supporting those affected by breast cancer. We urg...