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Former Rector of GIMPA Professor Stephen Adei has urged the incoming Director General of the Ghana Ports and harbors Authority, Kwadwo Owusu Afriyie,  to clamp down on corrupt port officials and reduce the bureaucracy in clearing goods. Mr . Owusu Afriyie, popularly known as Sir John, is set to assume...
The Minister-designate for Lands and Natural Resources, John Peter Amewu, has disclosed government’s commitment to double the royalties paid mining communities in Ghana. He made this known at a programme to inaugurate the Resettlement Project at the Edkan Mine in Ayanfuri. He said “with regard to mining royalties, the policy of...
The head of currency for Bank of Ghana, Edward Musey has appealed to Ghanaians to handle the cedi notes with care to ensure they are well preserved. According to him, the way and manner in which most Ghanaians handle the Ghana cedi notes especially at the various markets and transaction...
The Bank of Ghana (BoG) has retained its policy rate at 25.5%. This is due to the fact that the Central Bank views the “risks to inflation and growth as balanced” its governor, Dr. Abdul-Nashiru Issahaku said Monday at a press briefing. He said inflation continues to ease, closing the year at...
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...
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....
Government will in the first quarter of 2017, borrow 17,400.00 million cedis through bonds and treasury bills and other government securities. The cash will be used rollover forecast maturities, meet Government’s financing requirements and build buffers for liability management. Of this 15,504.43 million cedis will be used to rollover forecast...
Ghana’s inflation for December 2016, reached 15.4 percent. The figure represents a drop from the 15.5 percent recorded in November 2016.This is the third consecutive time that inflation has dropped since October 2016. The monthly change rate in December 2016 was 0.9 percent compared to 0.8 percent recorded a month earlier. According...
Some spare parts dealers at Abossey Okai in Accra, have denied reports that their decision to reduce prices of their products ahead of the Christmas season, was done in solidarity with the newly elected President, Nana Akufo-Addo. The leadership of the spare part dealers say the recent decrease in prices...
Dr Abdul-Nashiru Issahaku, BoG Governor Opinions are divided over whether the current Bank of Ghana governor, Dr Abdul-Nashiru Issahaku, should be allowed to serve his term, following the electoral victory of the New Patriotic Party’s presidential candidate, Nana Addo Dankwa Akufo-Addo. While the former Finance Minister and a Member of Parliament’s...