CIMG hosts Ken Thompson, Dalex CEO, on economy

Business News of Tuesday, 10 February 2015

Source: B&FT


Kenneth Kwamina Thompson, Chief Executive Officer (CEO) of Dalex Finance and Leasing Company — a leading non-bank financial institution, will be the main speaker at a Chartered Institute of Marketing (CIMG) organised forum on the economy’s challenges.

Set to come off at the Golden Tulip Hotel in Accra on Wednesday, 11th February 2015 at 5:30pm, Mr. Thompson will be speaking on the topic “Crystal-ball Gazing: The Ghanaian Economy In 2015”.

The event is expected to be attended by CEOs, general managers, directors, brand and marketing managers, and sales and marketing executives, and is open free to members of the CIMG except those who require certificates of participation.

A release from CIMG noted that Ghana’s economy has been going through various challenges with serious short-term risks and an uncertain business atmosphere.

“Despite some efforts at mitigation by government, businesses and citizens have been reeling under severe economic conditions fraught with incessant power cuts, double-digit inflation, and low forex reserves,” it said. The release pointed out that the National Economic Forum, the IMF collaboration and other similar efforts are yet to take the nation out of the woods.

“The topic seeks to bring to the fore the experts’ opinion on the reality and way forward in 2015.”

Mr. Thompson is a Fellow of the Chartered Institute of Accountants (England and Wales). He has grown Dalex Finance from a start-up of three employees to a leading financial institution with over 1,500 employees and 30 offices nationwide. Dalex Finance is now ranked 16th in the Ghana Club 100 (2012).

Mr. Thompson at a similar event in 2014 was successful in “prophesying” the Ghanaian economy’s future. His controversial predictions provoked lots of divergent comments on the airwaves and on social media, but ended up for most part accurate.

But this time he will be looking into a crystal ball and will be making bold predictions about the Ghanaian cedi, interest rates, and the general level of economic activity in 2015.

“One thing can be guaranteed for this event… the predictions and prescriptions of Kwamina will definitely provide food for thought. You will need to appreciate the anticipated economic challenges and opportunities of 2015 in order to reposition your business or plans,” the statement added.