Food imports cost US$2.4bn annually

July 17, 2018 The Minister of Finance, Mr Ken Ofori-Atta, has revealed that food imports cost the nation an average of US$2.4 billion every year. This means that about GH¢10.8 billion (one dollar to...

Written by:

July 17, 2018 / Comments (0)

Goverment to add 4,500MW nuclear power

July 17, 2018 In a bid to diversify the country’s energy mix, the government has embarked on a search for an appropriate piece of land for a nuclear power plant that would add about 4,500 megawatts...

Written by:

July 17, 2018 / Comments (0)

GH¢100m for young entrepreneurs this month

July 17, 2018 The government is expected to begin the disbursement of soft loans to some 1,000 existing youth-led businesses by the end of this month through the National Entrepreneurship Innovation Plan...

Written by:

July 17, 2018 / Comments (0)

Private sector loans drop by 3.6%

July 11, 2018 The Bank of Ghana’s Monetary Policy Report for May, 2018, has revealed that credit advanced to the private sector moderated in both nominal and real terms, reducing by some 3.6 percent at...

Written by:

July 11, 2018 / Comments (0)

Cocoa sector growth attracts massive foreign investment

July 11, 2018 The consistent growth of the country’s cocoa sector has attracted massive foreign investments into an industry that has been the backbone of Ghana’s economy for decades, President of...

Written by:

July 11, 2018 / Comments (0)

Angela Merkel to visit Ghana in August

July 11, 2018 The Chancellor of the Federal Republic of Germany, Angela Merkel, will visit Ghana in August 2018 upon invitation of the President, Nana Addo Dankwa Akufo-Addo. Chancellor Merkel will be...

Written by:

July 11, 2018 / Comments (0)

Ghacem QLA Global Jury on a visit to assess Research projects

July 11, 2018 A member of the international jury of the ongoing Ghacem’s quarry life award competition, Mr. Stephane Riviere – who is also a Biodiversity and Natural Resources Expert-Global...

Written by:

July 11, 2018 / Comments (0)

NPLs reach GH¢8.6bn record high – BoG report

July 10, 2018 Despite moves by the central bank to sanitise the banking sector, the industry’s asset quality remains a source of concern as the Non-Performing Loans (NPLs) ratio remain high, the...

Written by:

July 10, 2018 / Comments (0)

GSE salivates over dawn of an era

July 10, 2018 The Ghana Stock Exchange (GSE) is optimistic of achieving in a year what it could not achieve in its 29-year-old history. By giving five institutions, including MTN Ghana, the nod to raise...

Written by:

July 10, 2018 / Comments (0)

Govt eyes GH¢2.9bn in extra revenue

July 10, 2018 After revenue collections fell below projection in the first quarter of the year, the government is now setting its eyes on GH¢2.9 billion in extra revenue to help fund priority...

Written by:

July 10, 2018 / Comments (0)