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ECONOMY

Features

Take advantage of $2.4bn circular economy-Gov’t tells investors

Admin -
The Government is wooing investors and industries to see the $2.4 billion financing need to transition Ghana from a linear to a circular economy as a huge investing and business opportunity. This is because the circular economy has enormous untapped...
BUSINESS

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

Admin -
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...
BUSINESS

I will rebuild economy in two years– Dr Duffuor

Admin -
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...
Politics

“Ayawaso has been my Waterloo” – Bryan Acheampong

Admin -
Mr Bryan Acheampong, a former Minister of State at the National Security Ministry, has said the violence that characterised the January 31, 2019 parliamentary by-election in the Ayawaso West Wuogon Constituency has been his waterloo."Mr Chairman, Ayawaso has been...
BUSINESS

Don’t make us destitute – Pensioners cry for DDEP exemption. 

Admin -
Some members of the Pensioners Bondholders Forum on Monday picketed the Ministry of Finance, demanding exemption from the Government’s Domestic Debt Exchange Programme (DDEP). They, among other things, appealed to government to not “push pensioners into their early graves” and...
BUSINESS

Insurers agree to participate in domestic debt exchange programme

Admin -
The Ghana Insurers Association has agreed to participate in government’s Domestic Debt Exchange programme, following the government’s guarantees of cushioning affected insurance companies. This is to be done through the solvency window of the Ghana Financial Stability Fund (GFSF). The Ministry of Finance...
BUSINESS

Africa needs US$170 billion annually to bridge infrastructure gap – Veep

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Vice President Dr Mahamudu Bawumia says Africa needs between US$130 and US$170 billion annually to bridge its infrastructure gap and generate sustainable growth at five per cent or more per annum.To achieve that objective, he called for public-private partnerships...
Features

Collective approach needed to tackle debt exchange programme’ – Financial Consultant

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Ghana’s debt exchange’ programme is a serious economic crisis which requires collective approach to resolve to put the nation on the right path to economic stability and progress, Mr Bernard Ofori-Adjei, a financial consultant has said.      But, he regretted...
Africa

Kenya will raise tax collections and reduce borrowing.

Admin -
Kenya is planning to monitor its flourishing mobile money industry in a bid to catch tax cheats and also limit its borrowing to boost its finances and collections by 17%. President William Ruto’s government has been trapped by an indebted...
BUSINESS

Domestic Debt Exchange: Economic recession will affect population’s health-Psychologist

Admin -
Dr Johnny Andoh-Arthur, a Social and Community Psychologist, says an economic recession arising out of Government’s Domestic Debt Exchange (DDE) will affect the population’s health. He has, therefore, urged the Government to engage individual bondholders in the best way forward...
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NPP primaries: Asante Mampong election in limbo as group secures injunction

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The New Patriotic Party's (NPP) parliamentary primaries in Asante Mampong have been halted as 35 dissatisfied party members secured an injunction against the exercise. The...

Inaki Williams eliminates Barcelona from the Copa del Rey in less than 48 hours after Ghana’s defeat in the AFCON.

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Results of Ghana’s AFCON campaign: winners and losers

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AFCON 2023 has been another tournament for Ghana’s Black Stars to forget, crashing out of the group stages, again, without registering a win. Despite the...

Atlantic Lithium Completes US$5 million Subscription on MIIF of Ghana

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Atlantic Lithium the African-focused lithium exploration and development company targeting to deliver Ghana’s first lithium mine, is pleased to announce that, in line with...

GEA and Mastercard Foundation Project Unveiled by Bawumia

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Ghana Football Administration must be blamed for poor management, Collins Yaw Jr.

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The Ghana Black Stars’ disappointing performance in the 2024 AFCON has sparked a wave of criticism towards the Ghana Football Administration (GFA). Among the...

Cameroon cautions against propagating hatred during AFCON

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The state-run Cameroon National Communication Council has frowned against the negative role of social media in spreading hate speech during Africa Cup of Nations...

Ghana’s Coach Hughton fired

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Chris Hughton, coach of Ghana national football team, has been relieved of his duties after the team’s group stage exit from the Africa Cup...

Black Stars players Booed After Abysmal AFCON performance

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The hopes of Ghana Black Stars to perform well at the 2023 Africa Cup of Nations (AFCON) tournament was dashed by Mozambique after a...

Safaricom and StarTimes Team Up to broadcast AFCON

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Kenya’s mobile service provider Safaricom and Chinese pay television company, StarTimes, on Tuesday announced a partnership to broadcast the African Cup of Nations (AFCON)...

Businesses are suffering; reduce policy rate to support them (GNCCI to BoG).

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The Ghana National Chamber of Commerce and Industry (GNCCI) is calling for a reduction in the policy rate to support business growth. The Monetary Policy...

IMF expects revenue to underperform target and expenditure to overshoot target

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The International Monetary Fund expects revenue to underperform the Ghana Government target by 0.1% of Gross Domestic Product in 2024, while expenditure overshoots the...

Excessive heat causes outages (ECG).

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The Electricity Company of Ghana (ECG) has explained that the excessive heat waves being experienced in some parts of the country were impacting their...

Bono Regional Minister urges discipline ahead of NPP primaries

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The Bono Regional Minister, Hon. Justina Owusu Banahene, has emphasized the critical need for unity and discipline within the New Patriotic Party (NPP) as...

Russia-Finland Border Cooperation Agreement Abandoned

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The termination of the agreement between Moscow and Helsinki on facilitating border cooperation comes into force on Wednesday, but no significant changes are expected...

A missile attack on Ukraine Pushes Death toll to 18

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The death toll from the Russian missile strike on Ukraine on Tuesday rose to 18, Ukrainian President Volodymyr Zelensky said Wednesday. About 130 more were...

Ukraine Shot Down Aircraft Carrying Prisoners

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The Russian Defense Ministry confirmed Wednesday that Ukraine launched two missiles at the Il-76 military transport aircraft, killing all 74 people on board. “Today at...

Nigeria Bans the Use of Sytrofoam and Single-Use Plastics

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Nigeria’s southwestern state of Lagos and the country’s economic hub has banned the use of styrofoam and single-use plastics to address environmental concerns and...

Over 70 miners feared dead in Mali mine collapse

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More than 70 people were killed in a collapse of a tunnel at a gold mining site in southwest Mali, local media reported Wednesday. The...

Egyptian and Russian Leaders jointly approve of nuclear plant

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Egyptian President Abdel-Fattah al-Sisi and his Russian counterpart Vladimir Putin on Tuesday virtually participated in the foundation-laying ceremony of a new unit of the...

Xi responds to Kenyan students’ representatives

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Chinese President Xi Jinping has replied to a letter from representatives of Kenyan students and alumni at Beijing Jiaotong University, encouraging them to continue...

Eliminating malaria requires high political will and commitment – Dr Kuma-Aboagye

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Director-General of the Ghana Health Service, Dr. Patrick Kuma-Aboagye has emphasized that eliminating malaria requires high political will and commitment. He pointed out that other...

Cement manufacturers urged to publicise recommended retail prices

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The Ministry of Trade and Industry (MoTI) and the Chamber of Cement Manufacturers, Ghana (COCMAG) have reached a consensus to release the recommended distribution...

AFCON 2023: We will give our best against Egypt – Jordan Ayew

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Ghana forward, Jordan Ayew, has assured the players will give out their best performance in Thursday's match against Egypt. The team takes on the Pharaohs...

OIC and IUT Vice Chancellor Talk on international partnerships

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The Vice Chancellor of the Islamic University of Technology (IUT), Prof. Dr. Mohammad Rafiqul Islam called on H. E. Mr. Hissein Ibrahim Taha, OIC...

3 Important Africans Picked for Sudan Peace Board

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The African Union (AU) Commission Chairperson Moussa Faki on Wednesday announced that he has appointed three prominent African personalities as members of the AU...

Chinese Fm scheduled to visit Africa

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At the beginning of 2024, China and Africa are ready to enhance their long-standing friendship by honoring a fine diplomatic tradition for the 34th...

Scores injured in an explosion in Nigeria

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At least two people were killed and scores of others injured in an explosion in a residential area in Nigeria’s southwestern state of Oyo,...

Tottenham and Manchester United fail to come to a complete understanding with Brentford; Spurs’ fourth January exit is all but certain.

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Tottenham left-back Sergio Reguilon is set to join Brentford on loan until the end of the season after the player agreed to the move. The...

Man Utd launch stunning Barcelona raid as Ratcliffe goes big; £68.9m bid tipped to be accepted

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Manchester United have taken the first step towards signing a world class Barcelona star, while a report claims three more huge deals could be...

AI, ICT must play pivotal role in transforming education – Dr Adutwum

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Accra, Jan. 16, GNA - Dr Yaw Osei Adutwum, the Minister of Education, says Artificial Intelligence (AI) and Information Communication and Technology (ICT) must...

CAF concludes extensive global TV-Broadcast agreements

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The Confédération Africaine de Football (“CAF”) announced the conclusion of extensive global broadcast agreements with TV-Broadcasting Rights Holders from Africa, Europe, Asia, South America,...

2024 budget is indeed ‘Nkunim’ budget – Majority Leader.

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The Majority Leader Osei Kyei-Mensah-Bonsu has insisted that 2024 is the ‘Nkunim' (victory) budget. Contributing to a debate on the 2024 budget statement in Parliament on Wednesday,...

MoMo withdrawals to be limited to GH¢1k per transaction from Dec. 1 – Agents.

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Starting on Friday, December 1, Mobile Money (MoMo) agents across Ghana will enforce a temporary measure restricting cash withdrawals to a maximum of GH¢1,000...

We won’t countenance any budget estimate in parliament – Ato Forson.

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The Minority Leader, Cassiel Ato Forson, has reiterated that his group will not budge on their demand for a proper vote on the 2024...

 Majority walks out of Chamber during 2024 Budget approval.

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Mr Osei Kyei-Mensah-Bonsu, the New Patriotic Party (NPP) Parliamentary Majority Leader and Leader of Government Business, Wednesday led his Caucus to walk out of...

477,772 Students Get SHS Placement.

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The Ghana Education Service (GES) has announced that a total of 477,772 students representing 81.56% out of 585,797 qualified candidates have so far been...

Chris Hughton and Kurt Okraku visit Black Queens ahead of crucial WAFCON qualifier.

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Black Stars head coach Chris Hughton and Ghana Football Association (GFA) President Kurt Okraku paid a visit to the Black Queens during their training...

Athletic Bilbao coach laments Inaki Williams’ absence due to AFCON participation.

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Athletic Bilbao coach Ernesto Valverde has expressed concern about the absence of his star striker, Inaki Williams, due to his participation in the 2023...

Women need equal access to financial resources, opportunities – Gender Minister.

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Madam Lariba Zuweira Abudu, Minister for Gender, Children and Social Protection, has called for women to be granted equal access to financial resources, educational...

Speaker vs Ursula: Blow-by-blow account of war of words in Parliament.

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The Speaker of Parliament, Alban Bagbin, and Communications Minister Ursula Owusu-Ekuful on Tuesday crossed swords during the sitting of Parliament as the two engaged...

Emerging technologies in A.I will make agriculture conform to the 4th Industrial Revolution – Bawumia.

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The Vice President Dr Mahamudu Bawumia on Tuesday, 28 November, 2023, commissioned the Siriboe Institute of Agribusiness and Skills Development. The institute is located at Juaben in the Ashanti Region, established...
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