Ghana’s Public Debt Hits GHC112 Billion
The country’s debt stock has reached GH¢112.4 billion as at September this year a summary of economic and financial data released by the Bank of Ghana (BoG) has revealed. This came to the fore...
Tag: economy
Government Reduces Fuel Prices
The prices of petroleum products have reduced considerably across pump stations in the country. The reduction had come off the back of predictions by the flagbearer of the New Patriotic Party, Nana...
SIC Insurance MD Bows Out After Over 30 Years
The Managing Director of SIC Insurance Company Limited, Mr Kwei Mensah Ashidam, has commenced his terminal leave prior to retirement effective November 1, 2016, after over 30 years of service to the...
Mexico President’s Rating Hits New Low After Trump Victory
Mexican President Enrique Pena Nieto's approval rating has slumped to a new low since Donald Trump won the U. S. presidency last week, in part due to his invitation of the real estate tycoon to...
A Personal Problem, And Not A Political Problem
Proudly brought to you by Sircle Communications... The argument that unemployment in Ghana is really a political problem is a red herring. I even find it so repulsive as a pragmatist. Political...
GSE Lobbies For Patronage of the Ghana Fixed Income Market
The Ghana Stock Exchange (GSE) is impressing on companies to utilize the Ghana Fixed Income Market (GFIM) to raise funds for their operations. According to the managers of the GSE, the ready market...
China Pledges Further Opening As Leaders Scramble For Free Trade
Chinese President Xi Jinping pledged on Saturday to further open the world's second-largest economy as leaders of Asia-Pacific countries gathered in Peru to find new free-trade options after Donald...
Trump Meets Former Rival Romney, A Possible Contender As Top Diplomat
U. S. President-elect Donald Trump and Vice President-elect Mike Pence greet former Massachusetts Governor Mitt Romney (L) as he arrives for their meeting at the the main clubhouse at Trump National...
Airport Company Gets $180million Tax Relief For New Projects
The Ghana Airport Company Limited (GACL) has been granted tax relief of US$180 million for new construction works taking place at almost all airports in the country. This relief is to reduce the...
U.S. Opens Door To Oil Exports After Year of Pressure
U. S. opens door to oil exports after year of pressure A domestic drilling boom of the past six years has transformed the U.S into an energy powerhouse. The Obama administration on Tuesday bowed to...
EXIM Bank Will Provide Soft Loans For SMEs
As Ghana prepares to launch the Ghana EXIM Bank next week, the Chief Executive Officer of the bank, Dr. Barfour Osei has refuted claims that the bank will compete with commercial banks in providing...
EXIM Bank Will Provide Soft Loans For SMEs- CEO
As Ghana prepares to launch the Ghana EXIM Bank next week, the Chief Executive Officer of the bank, Dr. Barfuor Osei has refuted claims that the bank will compete with commercial banks in providing...
Diamond Cement To Sack 500 Workers End of This Month
About 500 workers of Diamond Cement Ghana Limited are to be laid off by the end of this month in a bid by the management to cut down cost and keep the company in business. The General Manager of the...
Local Cement Manufacturers Express More Concern Over Foreign Competition
Over the past couple of months, local cement manufacturers in the nation have greatly expressed concern over unfair competition by foreign producers, particularly Nigeria’s Dangote Cement....
Jumia Travel Awards Partners For Promoting Tourism
Jumia Travel, Africa’s leading online hotel booking website has awarded its partners at a ceremony in Accra for promoting tourism. The awards ceremony, which was held at the Accra City Hotel,...
Mo Ibrahim Foundation Unveils New Online Data Portal
The Mo Ibrahim Foundation launched the new IIAG Data Portal, which provides unprecedented access to 15 years of data, crucial to assessing the quality of governance in African countries. The Data...
I’m Determined To Pay GHC51m
Businessman Alfred Agbesi Woyome has said he will surely pay the GHS51.2million judgment debt paid him by the state, which the Supreme Court has ruled must be refunded because it was ill-gotten....
I’ve Never Taken Or Given A Bribe – Woyome
Ghanaian businessman, Alfred Agbesi Woyome, has denied ever taking or offering a bribe in the course of his business activities in the country. He said he is a genuine businessman and has conducted...
GSS To Set 2017 As New Base Year For CPI
The Ghana Statistical Service (GSS) has announced that it has commenced works to rebase the Consumer Price Index(CPI) used to measure the country’s inflation from the current base year of 2012 to a...
Woyome’s Payment To EOCO ‘cooked’ Story
In the wake of reports in the media that Mr. Alfred Agbesi Woyome has paid GHc4 million out of the total sum to government, former Minister of Justice and Attorney General, Mr. Martin Amidu believes...