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Some concerned cocoa farming associations in Ghana have called on the government to pay keen attention to farmers who are cutting down their cocoa farms for rubber plantation benefits. The executive secretary of Licensed Cocoa Buyers Association, Mr Lawrence Botwe, in an interview with newsmen described the situation as alarming. According...
The Governor of the Central Bank Dr. Ernest Addison has dismissed claims that other banks in the country are suffering liquidity problems and may soon collapse. Deputy finance minister Kwaku Kwarten has claimed that some more banks are suffering financial challenges and may go down if drastic measures are not...
The Gambia's long-term leader Yahya Jammeh says he will step down, after refusing to accept defeat in elections. In an announcement on state TV, he said it was "not necessary that a single drop of blood be shed". The statement followed hours of talks between Mr Jammeh and West African mediators....
Financial institutions have been urged to increase financing to the agriculture sector to boost production and enhance livelihoods. Mr Kwaku Kwarteng, a Deputy Minister of Finance, who made the call, said allocation of loans by the financial institutions to the agriculture sector over the years had been woefully inadequate. In the...
Government has announced an extension of the ban on all forms of small scale mining in the country by three months. The Lands and Natural resources, John Peter Amewu, who made the announcement today, Friday, said the ban is expected to be lifted by January 2018. “There is an extension for...
The Minister of Trade and Industry-designate, Alan John Kwadwo Kyerematen, has hinted of the establishment of an Industrial Development Fund aimed at facilitating access to medium and long term capital for the private sector. "The important thing is for the private sector to recognize that government is committed to helping...
Minister of Communications, Ursula Owusu-Ekuful, has rubbished claims by IMANI Africa that the $89 million GVG/Kelni deal is “needless” and a rip-off. According to her, the deal is the “best” the country could get. President of IMANI, Franklin Cudjoe has criticised the deal saying it does not serve the interest of...
The Ghana Union of Traders Association (GUTA) has expressed dissatisfaction with the mid-year budget review presented at Parliament on Monday, by Finance Minister, Mr Ken Ofori-Atta. The GUTA said the budget failed to capture policies needed to flush out foreign illegal traders in the retail industry, one of the key...
The Chairman of United Bank for Africa (UBA), Tony Elumelu, has assured the President of the Republic, Nana Addo Dankwa Akufo-Addo, of his bank’s support for the growth and development of the critical sectors of Ghana’s economy, as government seeks to return the nation back onto the path of...
Chief Executive Officer (CEO) of the Microfinance and Small Loan Centre (MASLOC) Mr. Stephen Amoah has vowed to sacrifice his blood to fight anybody whose attitude will become an obstacle towards the development of the nation. He bemoaned the corruption, tribalism, over politicisation of issues and attitudes of Ghanaians hindering the development...
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