Monday, December 23, 2024

ECONOMY

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

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...

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...

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...

“Ayawaso has been my Waterloo” – Bryan Acheampong

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...

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

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...

Insurers agree to participate in domestic debt exchange programme

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...

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

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...

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

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...

Kenya will raise tax collections and reduce borrowing.

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...

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

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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Latest News

Akufo-Addo Called to Finalize Anti-Gay Bill Before Leaving Office – Presby Church Moderator.

The Moderator of the Presbyterian Church of Ghana, Dr. Abraham Nana Opare Kwakye, has called on President Nana Addo...
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