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Ghana’s investment market

Projected 2019 global economic slow-down to cripple African commodity exporters – Analyst

An analyst has cautioned African commodity exporting countries to prepare for effects of a possible global economic melt-down next year. In a conversation with Xinhua...
Vice President Alhaji Dr Mahamudu Bawumia speaking at the event

Ghana VP Bawumia appointed to board of UN Global Partnership for Sustainable Development Data

Ghana’s Vice-President Mahamudu Bawumia has been appointed to the Board of the Global Partnership for Sustainable Development Data, a release received here Monday said. Bawumia...
Consumer Confidence

Ghana’s economy still susceptible to shocks – experts

As Ghana prepares to wind up its thee year Extended Credit Facility fiscal support program with the International Monetary Fund (IMF), experts have been...
Atewa Forest

Ghana risks losing forest cover by 2040 – World Bank official

If the trend of forest cover loss continued unchecked, Ghana risked losing its total forest cover by 2040 Mafalda Duarte Head of Climate Investment...
President Akufo-Addo interacting with President Paul Kagame

Africa has all it takes to transform continent’s economy – Akufo-Addo and Kagame conclude

Africa’s inability to transform its economy is not due to lack of the resources it needed to pursue a successful economic transformation agenda, President...
Gold bars

About US$6.0 Billion worth of Ghana’s gold export unaccounted for

Gold export from Ghana worth six billion US Dollars between 2013 and 2016 were unaccounted for due to the porosity in Ghana’s tax administration,...
importers

Ghanaian import traders decry killer tariffs and exchange rate depreciation of local currency

Import traders in Ghana have listed high tariffs and exchange rate depreciation of the local currency (Cedi) as the major threats their businesses were...
mental health

Ghana’s health official urges funding for mental health facilities

Health authorities in Ghana could be compelled to shut down the country's mental health facilities due to lack of funds to run them, Chief...
oil

West Africa needs two million bpd petroleum refinery capacity – expert

The West African sub-region needs at least a two million barrels per day capacity petroleum refinery to meet market demands for finished products in...

New natural gas production this month to propel Ghana’s power production prospects – Official

Ghana’s quest for energy security will receive a further shot in the arm this month when gas production from the ENI-Sankofa field Off Cape...
Vice President Bawumia

Ghana confident of creating sub-regional petrochemical hub

Government of Ghana seeks to transform its downstream petroleum sector into what will make the country the petro-chemical hub of the West African sub-region,...
Newmont

Ghana penalizes mining giants Newmont Gold, contractors over fatal accident

The government of Ghana has slapped penalties of various degrees on Newmont Ghana Gold and its contractors for infringing laid down procedures in the...
Spare-parts

Ghana’s mineral revenue grows to US$5.94 Billion in 2017

In spite of a marginal decline in gold mining figures for the year, Ghana realized a higher revenue of 5.94 billion US Dollars from...
petroleum revenue

Ghana government has not compromised accountability in petroleum revenue expenditure

Government of Ghana has been transparent and accountable in its expenditure from petroleum revenue, a senior public official insisted here on Friday. On Thursday, energy...
Jubilee oilfield

Partners to spend US$500 Million to expand Ghana Jubilee, TEN oil fields

Government of Ghana and its partners in the Jubilee and the Tweneboa-Enyenra-Ntomme (TEN) oil fields will spend at least 500 million U S Dollars...
Ken Ofori Atta

Time for Africa to take charge of its economic fortunes – Ghana’s finance minister

For development to be all inclusive and benefit all locals African countries need to take charge of their economies, Ghana’s Minister for Finance, Kennedy...
Ghana Parliament-

Ghana must not legalize homosexuality – Chief Psychiatrist

It will be a tragedy if Ghana legalizes homosexuality, Dr. Kwesi Osei, the country’s Chief Psychiatrist has warned. Apart from being an abnormality with regards...
bauxite mines

Environmentalists raise red flags over proposed bauxite mines in Ghana’s upland evergreen forest ...

Environmentalists in Ghana declared their opposition here on Thursday to government’s intention to award a mining lease for bauxite mining in Atiwa forest one...
Bank of Ghana

Top banking executive urges shakeup of Ghana’s central bank

As the Bank of Ghana intensified its efforts to sanitize the country’s banking industry a top banking executive urged the state here on Thursday...
Ghana’s investment market

Quantum Terminals issues US$10 Million corporate bonds on GSE

Quantum Terminals an operator in Ghana’s petroleum sector became the first non-financial institution to issue Corporate Bond on Ghana’s Fixed Income Market at the...
poverty

Unresolved stunted childhood inducing poverty in Africa and Asia-report

A new report by global charity WaterAid has revealed that unresolved stunted growth in children is a major factor in poverty in Sub-Sahara Africa...
water

Increasing MMDAs responsibility for water coverage and maintenance encouraging – report

A report issued here recently suggested an increasing responsibility among Metropolitan Municipal and District Assemblies (MMDAs) for coverage and maintenance of water facilities in...
INDUSTRIALIZATION

Chinese state firm to support Ghanaian private sector in national industrialization program

Chinese firm China National Building Material and Equipment Import and Export Corporation (CNBM) committed here on Wednesday to support some Ghanaian private sector players...
IMF

IMF says rising debt levels risky to economic recovery in SSA

In spite of recent experience of relatively better economic performance Sub-Sahara African countries have been experiencing the International Monetary Fund (IMF) stated here on...
petroleum revenue

Ghana government says to use targeted spending of petroleum revenue

Government of Ghana will prioritized its spending of petroleum revenue going forward to ensure maximized benefit to citizens, a senior policy advisor told Xinhua...
Mahmoud Abu Zeid Shawkan

Jailed Egyptian Photo-Journalist receives the 2018 World Press Freedom Day Award

Jailed Egyptian photojournalist, Mahmoud Abu Zeid Shawkan , was Wednesday night awarded in absentia this year’s UNESCO/Guillermo Cano Press Freedom Prize at a ceremony...
2018 press freedom celebrationsvideo

Ghana hosts 2018 press freedom celebrations

Activities marking the global celebrations of this year's World Press Freedom Day opened in Ghana on Wednesday. The event, including conferences, symposia and exhibitions, for...
IMF

IMF approves further US$191 million in support funding for Ghana

The International Monetary Fund (IMF) approved on Monday a further 191 Million US Dollars as part of its three-year support program to government of...
Fruit Juice Factory

Prices fall at Ghana’s factory gate to 3.7 percent in March 2018

Prices fell at Ghana’s factory gate in March to result in a 1.8 percentage point reduction in the Producer Price Index ( PPI-producer/industry inflation)...
A trader retrievesa receipt from an EBM. The amended law reinforces ministerial powers to fine taxpayers who circumvent using electronic billing machines to avoid paying taxes. (File)

Experts share different views over Ghana’s 2018 economic prospect

Experts are divided on the prospects of Ghana's economic growth in 2018, as conflicting projections keep coming out from various quarters. In its 2018 fiscal...

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