Japanese Delegation Calls Minister
An eight-member delegation from the Japanese Embassy and JICA headquarters in Japan have paid a courtesy call on the Minister for Finance, Ken Ofori-Atta, at his office in Accra. The delegation was...
Tag: economy
Sarah Adwoa Safo Appears Before Appointments Committee
As the vetting of Ministers resumed by Parliament’s Appointments Committee Monday March 27, Procurement Minister designate, Sarah Adwoa Safo made appearance before members of the committee to be...
Zoomlion To Introduce Chip Embedded Waste Collection Bins
Waste Management giants, Zoomlion Ghana Limited has hinted that it will soon outdoor its chip embedded waste collection bins to make it easier for the collection of levies. One major challenge facing...
Reduction In Policy Rate Great Impact On the Economy
Mr. Jerry Afolabi, an economist, has said the reduction in the policy rate announced by the Central Bank was laudable and will relieve business owners. The Monetary Policy Committee of the Bank of...
Confusion At Forewin Ghana Over Dismissal of Workers
WORKERS of Forewin Ghana Limited, a multi-national import and export company located along the Spintex Road in the Greater Accra Region are boiling with anger, Today can report. Their anger,...
‘We’ll Sanction Procurement Offenders’
NOMINEE Minister of State for Procurement, Adwoa Safo, has said her ministry will cooperate with the office of the Attorney General to sanction any entity found culpable of resorting to...
SEC To Award Best Performing SOEs
State Enterprises Commission (SEC) is taking steps to boost productivity and efficiency of enterprises under it with the revival of the state-owned enterprises (SOEs) Excellence Awards. The awards...
Ghana’s Public Debt Hits 72.5% of GDP
Ghana’s public debt has hit GH¢ 122.3billion representing 72.5% of GDP at the end of February 2017, according to the Bank of Ghana’s Summary of Economic and Financial Data released over the...
Akufo-Addo Will Destroy Mahama’s Ghana – NDC MPs Warn
The Minority Caucus in Parliament has warned that the robust Ghanaian economy built by the immediate past NDC government led by Mr. John Dramanai Mahama will soon melt down following the introduction...
India EXIM To Increase Ghana’s Credit Lines
The Export-Import Bank (Eximbank) of India is seeking to increase Ghana’s Lines of Credit (LoC) from the present $400 million. This is as a result of what officials of the bank described as the...
The Invisible Hand of Government In Cedi Depreciation
By Jerry. J.Afolabi As the normal principle of economics says, when a domestic currency depreciates it makes the prices of goods and services decline compared to the international prices. This causes...
UBA Profit Grows By 32%
United Bank for Africa (UBA) Plc, the pan-African financial services group, operating in 19 African countries, has released its audited 2016 full year results, showing significant growth in gross...
Ghana Shares Vice Chairman Position With Others At African Alliance For E-Commerce
The 8th General Assembly of the African Alliance for e-Commerce (AACE) and 14th Executive Committee Meeting in Nairobi, Kenya elected Cameroon and Kenya to assume the Chair and Presidency of the...
Proposed BoG-Sibton Switch Contract Cancellation
There are indications that the Interoperability for mobile money contract awarded Sibton Switch Systems by the Bank of Ghana is being tempered with and a total cancellation being considered. And...
Ghana’s Monetary Policy Rate Pegged At 23.5%
The Bank of Ghana has fixed the country’s monetary policy rate at 23.5 per cent, indicating a 200 basis point reduction from the previous rate of 25.5 per cent. The new figure was announced Monday...
Support For Entrepreneurs Will Turnaround Economy, Reduce Unemployment
President Nana Akufo-Addo says the fastest way to resolve the issues of regarding the economy and an alarming rate of unemployment lie in entrepreneurship, business and technology. He said the nation...
Nana Addo To Tertiary Institutions
President Nana Akufo-Addo has charged tertiary institutions across the country to produce more ‘graduate entrepreneurs’ instead of students who depend solely on government for jobs. According to...
Dow and Dupont Merger Gets EU Go-Ahead
The European Commission has given the go-ahead to the merger of US chemical giants Dow Chemical and DuPont. The deal values the merged company at $130bn (£103bn) and is expected to lead to cost...
Gender Ministry To Disburse GHC16m LEAP Cash
The Ministry of Gender, Children and Social Protection is expected to disburse January and February allocations of the Livelihood Empowerment Against Poverty grants to beneficiaries across 216...
I Drive Kantanka
Dome-Kwabenya MP Sarah Adwoa Safo has revealed that she drives cars produced by her father’s Kantanka Automobile Company Limited, a subsidiary of the Kantanka Group of Companies. Speaking during...