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Ghana will continue to remain under the International Monetary Fund programme for one more year, the Board of the fund has confirmed. The IMF also approved 94.2 million dollars for Ghana under the fourth review on Wednesday. This brings the total disbursement under the program to 565.2 million dollars with the...
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...
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...
Ghana’s second Karpowership with a 450-megawatt capacity has arrived in the country to help augment the country’s current energy supply. The new vessel, named Osman Khan, will replace the current 225 megawatts barge which was delivered in November 2015 and docked at the Tema Fishing Harbour. The arrival of Karadeniz Powership...
Former Minister of Justice and Attorney General Marietta Brew Appiah-Oppong has expressed joy at the ruling of the International Tribunal for the Law of the Sea (ITLOS) delivered on Saturday. The Tribunal virtually upheld Ghana’s long-standing view of its maritime boundary against a new dimension tabled by La Cote d’Ivoire....
The Minister of Finance, Mr Ken Ofori-Atta, has disclosed that State-Owned Enterprises (SOE's) in the country have been reduced from from 300 in the mid 1980's to 86 as at the end of August 2017. The SOE's according to the minister, consist of 46 wholly government owned and 40 joint...
The Asunafo North Cocoa Cooperative union has lauded government's intention to introduce a pension scheme for all cocoa Farmers in the country. Vice president of Ghana, Dr. Mahamudu Bawumia in a speech delivered at the 2017 celebration of Kundum festival for the people of Ahanta in the Nzema East of the western...
In order to ensure equity and transparency in the distribution of government's 50% subsidized fertilizer as part of the planting for food and jobs programme, the government has set up a committee called District Centre for Agricultural Commence and Technology to curb fertilizer smuggling. Deputy Local and Rural Development Minister,...
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has stated that African countries would have to change the structure of their economies, from raw material dependent economies to industrialised, value-added economies if they are to fully finance the implementation of the 17 UN Sustainable Development Goals (SDGs). According to...
The Minister for Finance, Ken Ofori Atta, is expected to present the 2018 budget statement and fiscal policy in Parliament today in which he will be seeking approval to spend some GH¢61 billion. Among the highlights of the 2017 budget, were the withdrawal of the 1 percent Special Import Levy,...
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