Bora Capital Advisors, a leading player in Ghana’s financial sector, is urging the government to implement robust, long-term fiscal policies to address the challenges facing industries across the nation. According to the firm, the current economic environment, characterized by high inflation and currency depreciation, is stifling growth and threatening the sustainability of key sectors, including the pension industry.
Bora Capital’s CEO emphasized the importance of focusing on fiscal stability, highlighting that without addressing fundamental issues at the fiscal level, any short-term economic relief efforts will likely be insufficient. “You may see immediate returns on investments, but inflation and currency devaluation erode the real value of those returns,” he explained. This underscores the need for policies that prioritize real productivity and sustainability over temporary fixes.
The advisory firm also called attention to the constraints faced by the pension industry, which is heavily regulated by the National Pensions Regulatory Authority (NPRA). Despite these limitations, Bora Capital believes fund managers should explore creative ways to maximize returns for clients within the existing framework. Their advice points to a systemic impact where improving fiscal conditions will not only boost investments but also create jobs and generate government revenue, essential for maintaining economic stability.
In marking its 10th anniversary, Bora Capital reflected on its growth, crediting its success to client trust and strategic focus. The firm remains committed to providing simple but effective financial solutions while advocating for policies that will safeguard the long-term health of Ghana’s economy.
As the conversation around economic recovery intensifies, Bora Capital’s insights underscore the importance of aligning fiscal policies with long-term industry growth to avoid recurring economic crises.
