Friday, January 31, 2025

BUSINESS

GDP growth slows to 2.9 per cent year-on-year in third quarter

Ghana's economic growth slows to 2.9 per cent year-on year in the third quarter of this year compared to 6.5 per cent in the same period of 2021, Professor Samuel Annim, the Government Statistician, said on Wednesday.The mining and...

Transport fares to go down by 15.3 per cent Monday

Transport fares will be reduced by 15.3 per cent, effective Monday, December 19, 2022. The decision was arrived after an agreement was reached between the Ministry of Transport and stakeholders, following series of meetings. “Following these negotiations and in consideration of...

Shehu Sani cautions against begging the West as Akufo-Addo accepts an IMF loan.

Shehu Sani, a former senator of the Federal Republic of Nigeria has reacted to Ghana’s president Nana Akufo-Addo’s recent advice to African leaders against begging from the west. He said the Ghanaian president cannot call on African leaders to stop...

Ghana, once a star, fights economic crises

The packing machine at Nakobs' Pac factory in the outskirts of Ghana's capital Accra is running at full pace, churning out sachets of treated drinking water. But all is not well at Nakobs'. Like other small businesses in Ghana these...

Parliament approves GHC1.2 billion for Transport Ministry, agencies 

Parliament on Wednesday approved GHC1.2 billion for the Transport Ministry and its agencies to carry out activities for the fiscal year ending December 31, 2023. The amount represents a 33.06 per cent increase over the 2022 initial budgetary allocation of GHC921,483,000.00. The...

Ghana’s Domestic Debt Exchange: No haircuts for T-Bills …domestic bonds safe as nation begins debt restructuring programme

The government has announced that Treasury Bills holders will receive the full value of their investments upon maturity. Consequently, all Treasury Bills are exempted from government debt exchange undertaken by government as part of measures to ensure restore macroeconomic stability. Furthermore,...

Minority urged to support 2023 budget …to lift economy from doldrums

A Deputy Minister of Finance, Mrs Abena Osei-Asare, has rallied the Minority caucus to support the measures proposed in the budget to lift the Ghanaian economy from the doldrums it finds itself in. Where the economy finds itself, Mrs Osei-Asare,...

Support government to revive economy – Mahama

Former President John Dramani Mahama has called on Ghanaians to join hands in the government’s effort to put back the economy on track. This, he said, was the only way the country’s economy could be saved from the eminent collapse...

2023 budget: Bagbin urges Minority, Majority to cooperate in the benefit of the country

The Speaker of Parliament Alban Bagbin has told Members of Parliament to work together regarding the debate and approval of the 2023 budget statement in the interest of the nation. Speaking at a post budget workshop on Saturday November 26,...

Speaker: The legislature is trying to create a budget and fiscal assessment department.

The Speaker of Parliament Alban Bagbin has revealed that Parliament is working to establish a budget and fiscal analysis department. He said this during a post-budget forum held on Saturday November 26. Mr Bagbin said this department will help furnish Members...
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