Sunday, December 22, 2024

BUSINESS

World Bank’s Managing Director for Operations visits Ghana

Ms Anna Bjerde, the World Bank’s Managing Director for Operations will pay a three-day working visit to Ghana from July 12 to 15 to deliberate on ways to support the country’s economic recovery efforts.  Ms Bjerde would meet with Ghanaian...

Shortage of maize Seed disrupts planting in Sissala

Scores of farmers in the Sissala area are worried about the shortage of maize seed for planting coupled with the unpredictable rainfall. Only those that bought the commodity in the dry season can sow now. It came to light when the...

Biden’s budget plan positions him for a political battle.

US President Joe Biden’s upcoming federal budget plan is laden with spending proposals and higher taxes on the wealthy that forms a blueprint for his expected 2024 re-election bid. Biden’s proposal, which he will lay out in the swing state...

Russia is considering opposing the US nomination for World Bank president

Russia is consulting with its allies about challenging the United States’s nominee to head the World Bank, Moscow’s top representative at the bank has said, a move that could complicate what was expected to be a smooth succession process. Russia...

South African rand dropped after the cabinet was changed.

South Africa's economic activity as measured by GDP growth fell 1.3% in the last quarter of 2022, dropping below its pre-pandemic level due to record power cuts, official figures showed Tuesday. "After recovering in the third quarter of 2022, South...

Fuel prices will fall, while LPG prices will increase – COPEC.

The Chamber of Petroleum Consumers (COPEC) forecasts that starting on March 1, 2023, gas prices will decrease by an average of 4% per liter. The retail price of Liquefied Petroleum Gas (LPG) on the other hand is expected to increase...

WorldRemit sees remittance inflows to Ghana at US$5 billion in 2023

Remittance inflows to Ghana are expected to reach about US$5 billion in 2023, slightly easing the pressure on the country's forex. In 2022, the value of remittances to Ghana grew throughout the year to reach a record US$4.7 billion despite...

Government announces settlement of Cedi-denominated notes and bonds under Domestic Debt Exchange Programme

The Government has announced the settlement and conclusion of its Domestic Debt Exchange Programme (DDEP) for Cedi-denominated notes and bonds. E.S.L.A. Plc or Daakye Trust Plc.“This successful result is a significant achievement for the Government in the implementation of...

I will rebuild economy in two years– Dr Duffuor

Dr Kwabena Duffuor, a former Finance Minister, says he will rebuild Ghana’s economy within two years if elected President.Dr Duffuor, who is seeking to lead the National Democratic Congress (NDC) as its flagbearer in the 2024 presidential election, said...

NDC Minority reiterates call for dismissal of Ofori-Atta

The National Democratic Congress (NDC) Parliamentary Minority has reiterated its call for the dismissal of Mr Ken Ofori-Atta, the Finance Minister, for alleged incompetence in the management of the economy.Dr Cassiel Ato Baah Forson, the Minority Leader, speaking at...
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Latest News

“Parliament Adjourns to January 2 Without Approving Expenditure in Advance of Appropriation”

Parliament has adjourned its seventh meeting of the fourth session of the Eighth Parliament to January 2, 2025, without...
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