Browsing: News

Mahama to deal with all corrupt officials justly 

Gold Fields in 2022 announced joint ventures with AngloGold Ashanti in Ghana and another with Osisko Metals in Canada. 

GUTA contends that instead of the minister taking proactive measures and implementing policies to reduce business costs at entry points like ports, he has rather resorted to making contentious remarks on the streets about traders.

Key players in the industry, including the IES, have raised concerns over the situation, attributing it to financial challenges. But, the energy ministry has pleaded with Ghanaians to be a little patient as it works to resolve the challenge.

The directive, the ministry said is in line with Sections 35 and 37 and the First Schedule (9) of Act 870 and aligns with the relevant sections of the Value Added Tax Act of 2013 and is part of the Government’s Medium-Term Revenue Strategy and the IMF-Supported Post-COVID-19 Programme for Economic Growth (PC-PEG).

The Central Bank claimed that, the sustained reduction in inflation since August 2023 can be credited to the proactive efforts and measures it took to address hyper inflationary and restore macro-economic stability. 

Ghanaian rice farmer struggling with storage

The flagbearer of the National Democratic Congress (NDC) made the commitment after he accused the current NPP-led administration for recklessly damaging Ghana’s economy that has brought untold hardship to the people. 

A successful completion of the meeting is a key step needed by Ghana to secure its next tranche of funding from the International Monetary Fund.

According to the Bank of Ghana, the favourable external developments and tighter monetary policy stance have resulted in a relatively stable of the Ghana cedi in the year so far.