By Elorm Desewu Universal banks in the country have marginally dropped their interest rates on loans, according to figures from the Bank of Ghana. The average lending rates of banks …
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John Abdulai Jinapor, former Deputy Minister of Energy has called for an immediate review of the ECG/PDS Concession Agreement, stating that the selection process was abused by government and …
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Private Sector investment high in Ghana’s Climate Action Plan
by Adnan Adamsby Adnan AdamsPrivate sector investors from various industries pledged to support Ghana to implement the 31 climate actions contained in its Nationally Determined Contribution (NDC), developed in line with the Paris Agreement. …
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Ghana to benefit from World Bank’s $4bn Human Capital Project for Africa
by Adnan Adamsby Adnan AdamsThe World Bank has hinted that Ghana would benefit from a four-billion-dollar investment in Africa this year. According to the bank, this is part of its Human Capital Project for …
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Businesses want gov’t to address import dependency to strengthen the cedi
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Association of Ghana Industries is on the neck of government to implement policies, backed by law, to save the economy from the influx of foreign goods. …
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Ghana to develop fourth oilfield soon as Aker presents US$4bn plan for Pecan field
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Aker Energy has disclosed that it has submitted a US$4.4 billion work plan for developing Ghana’s fourth oil field offshore, the Pecan field “This is a proud …
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Gov’t pleads for positive cedi speculation after IMF exit
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Government actors are calling on key stakeholders of the financial market and the economy to always proclaim positive speculation around the cedi as it has begun to …
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Adnan Adams Mohammed The Ghana National Petroleum Corporation’s (GNPC) 2019 expenditure budget has been cut by ten percent (10%) by Parliament after scrutiny. Amount cut was in value of US$80 …
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Adnan Adams Mohammed An economist has called on the Bank of Ghana (BoG) to adopt a system to help track the forex market activities to help regulate loopholes in the …
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By Elorm Desewu Ghana’s trade surplus has narrowed slightly to 0.7 percent of Gross Domestic Product, (GDP), at the end of February, 2019 compared with 0.8 percent of GDP recorded …