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Economy

The Vice President of the Republic, Dr. Mahamudu Bawumia has stated that government is focused on building the productive capacities of Ghanaians in order to build a robust economy. Dr. Bawumia observed that countries such as the United States of America, Canada, Singapore, South Korea and Mauritius among others have...
The Minerals Commission has waded into the Nyinahini bauxite concession controversy involving Exton Cubic Group Limited. A statement signed by the newly appointed CEO of the commission Kwaku Addae Antwi-Boasiako,  asked the Exton Cubic to “stop any attempt of entering the concession to undertake any mining operation” It noted Exton Cubic will...
Ghana has signed a Heads of Agreement with Equatorial Guinea for the supply of 150 million to 200 million standard cubic feet of gas per day of Liquefied Natural Gas (LNG), as part of the measures being put in place by the government of President Akufo-Addo to guarantee the...
Vice President Dr Mahamudu Bawumia has said government would borrow responsibly to execute government projects to ensure fiscal discipline and debt sustainability so as to restore the confidence of investors in the national economy. To this end, he said government would amend the Public Financial Management Act to limit the...
President Nana Addo Dankwa Akufo-Addo has stated that the time has now come for Ghana to move on even further to deepen her democracy. “It is time to make sure that we have a genuine separation of powers between the various arms of government. Our Parliament, the legislative arm of...
The Special Chamber of the International Tribunal of the Law of the Sea (ITLOS) has delivered judgement in Ghana’s favour in the maritime dispute with neighbours La Cote d’Ivoire. It has, however, directed the two nations to agree on some measures, key among them is an agreement on the delimitation...
A deputy Finance Minister, Kwaku Kwarteng has disclosed that the decision by the government to allow for an extension of the International Monetary Fund (IMF) programme with Ghana was at the behest of the Bretton Wood Institution. The IMF, in a statement in August, announced the extension of the programme...
The office of former president John Dramani Mahama overspent the budget allotted to it in excess of GH¢3billion in 2016 investigations by iWatch Africa, an anti-corruption organization has divulged. In its assessment of the 2016 Auditor General’s report on the Consolidated Fund, iWatch Africa found that the Office of Government...
Kuapa Kokoo one of the biggest cocoa Marketing companies in Ghana says it is making significant strides in the fight to ensuring that child labour is eradicated from all cocoa producing area. Speaking at the 23rd Annual Delegates Conference of the company in Kumasi, executive Secretary of Kuapa Kokoo Co-operative...
Arrangements for the offtake of produce expected to be realized from the Government's flagship Planting for Food and Jobs(PFJ) are all but complete, the Minister for Food and Agriculture, Hon. Dr. Owusu Afriyie Akoto, has indicated. All the necessary processes towards the fulfilment of the pledge to support farmers through...
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