A civil society organisation has kicked against the decision of the Volta River Authority (VRA) to establish a coal-fired power plant at Ekumfi in the Central Region. The organisation, known as 350...
Key business associations have strongly criticised shipping lines for charging Terminal Handling Charges (THC) in spite of orders from the Ministry of Transport to stop the charges. The Minister of...
The country’s Gross Domestic Product (GDP) for the second quarter has plummeted to 2.5 percent from the 4.8 percent recorded in the first quarter of 2016, on the back of the technical challenges on...
Proceeds from the country’s gold production in the first half of the year rose to US$2.43 billion compared with US$1.75 billion recorded in the same period last year. Gold production during the...
Vietnamese investors, currently on a one-week working visit to Ghana, are seeking to establish joint ventures with Ghanaian partners in the production of tilapia, cashew and rice. At a Ghana-Vietnam...
The Ministry of Finance is courting state-owned enterprises (SOEs) to offer themselves up for corporate ratings to enable them to borrow on their own balance sheets to finance projects. The Minister...
President John Mahama is upbeat about the country’s economy after Moody’s Investors Service, a UK-based rating agency reviewed Ghana’s economy to a a B3 rating this week. According to him, the...
The Executive Board of the International Monetary Fund has approved the third tranche of $116.2 million under Ghana’s three-year programme with the fund. It follows the final review of Ghana’s...
The yield on the Government of Ghana 182-day treasury rate edged up by 0.01 per cent to settle at 24.70 per cent at the auction in the week ending September 23. However, the rest of the yields on the...
Residence of Bimbilla have expressed worry about the current state of the road network hampering their activities. The Eastern corridor road which was being constructed by a Brazilian firm has been...
Government’s desire to borrow more funds continues to grow as the Ministry of Finance targets Ghanaians in the diaspora to raise bonds from them. In recent times, government’s decision to borrow...
The Electricity Company of Ghana (ECG) has intensified moves to cut down on illegal connections and theft to improve its revenue generation. Currently, the ECG is estimated to lose over 30 percent of...
The Ghana Statistical Service (GSS) has reveled the shutdown of the Kwame Nkrumah FPSO in the second quarter of 2016 led to a slowdown in Ghana’s economic growth for that period. Gross Domestic...
The Executive Board of the International Monetary Funds (IMF) has approved the disbursement of some $116 million to Ghana. This was after the board completed the third Extended Credit Facility review...
President John Dramani Mahama has held discussions with French President Francois Hollande at the Elysée Palace in Paris. According to Mr Mahama, the discussions were “fruitful”. Briefing...
Head of Economic Division at the Institute of Statistical, Social and Economic Research (ISSER), Dr. Charles Ackah, has observed that until government turns its focus on agriculture and...
The Africa Center for Energy Policy (ACEP) has welcomed government’s decision to renegotiate the Sankofa-Gye Nyame Project agreement. Deputy Minister for Petroleum Benjamin Dagadu yesterday...
The vice presidential candidate of the New Patriotic Party (NPP), Alhaji Mahamudu Bawumia has indicated the decision of the party to scrap all taxes on fishing equipment to ease the financial burden...
Ghana's economic growth slowed to 2.5 percent in the second quarter compared with a year earlier, provisional official data showed on Wednesday, due mainly to a temporary halt in oil production....
The minimum capital requirement for commercial banks in the country could be increased to Gh¢500 million from next year. This is what JOY BUSINESS has picked up from persons close to reviewing the...
