Adnan Adams Mohammed The Ghana Cocoa Board (COCOBOD) has signed an agreement for a $1.5 billion syndicated loan facility at an interest rate of 1.1 percent plus libor for …
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‘Rules of origin’ policy to be ready soon – AfCFTA Secretariat
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The African Continental Free Trade Area (AfCFTA) Secretariat has hinted that the ‘rules of origin’ policy required to guide intra Africa under the agreement is …
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Provisional results from the 2021 Population and Housing Census have revealed that Ghana currently has a population of 30.8 million. Government Statistician, Prof. Samuel Kobina Annim, while presenting …
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Nyinahin Bauxite: gov’t signs $1.2bn mining deal as GIADEC holds 30% stake
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed Rocksure International and Ghana Integrated Aluminium Development Company has signed a strategic mining agreement to develop the Nyinahin-Mpasaaso bauxite resources. The deal valued at US$1.2 billion …
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Scrap Price Stabilisation & Recovery Levy as fuel prices go up – COPEC demands
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed An energy think-tank is asking government to immediately remove the Price Stabilisation and Recovery Levy on diesel and petrol to forestall the increasing spate of the …
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Adnan Adams Mohammed The Institute of Economic Affairs (IEA) has called on the Bank of Ghana’s Monetary Policy Committee (MPC) to place a cap of 5 percentage points on …
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Economic expansion likely to hit 5% end year as Q2 record 3.9%
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed An Economist at the Institute of Statistical, Social and Economic Research (ISSER) is predicting an end of year economic growth rate of five percent. …
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Vivo Energy Launches Community Digital Literacy Project in Tamale
by Adnan Adamsby Adnan AdamsNorthern Region, 14th September 2021: Vivo Energy Ghana, the exclusive distributors and marketers of Shell-branded fuels and lubricants in Ghana has launched the ‘Vivo Energy Community Digital Literacy Project’ …
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Moody’s predicts slower pace of consolidation.. with debt burden above 80% of GDP
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed International Rating Agency, Moody’s, last week affirmed Ghana’s B3 long-term issuer ratings and maintained the negative outlook. It attributed the negative outlook to Ghana’s high …
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Energy Ministry, Lukoil ‘lock-horns’ on the GNPC-Aker deal
by Adnan Adamsby Adnan AdamsAdnan Adams Mohammed The Energy Ministry has swiftly replied Lukoil on concerns it raised in a ‘SOS letter’ to Ghana National Petroleum Corporation’s (GNPC) on the planned acquisition of …