July 27, 2022
Ghana: U.S.$284,928 Sustainable Energy Service Centres for 3 Varsities
The Millennium Development Authority in partnership with the Energy Commission has inaugurated three Sustainable Energy Service Centres (SESCS) established in three tertiary… Read more »
Ghana: Banks Record ¢4.4 Billion Profit-Before-Tax in June 2022
The banking sector recorded ¢4.4 billion in profit before tax in first-half of 2022, data from the Bank of Ghana has revealed. Read more »
July 28, 2022
Ghana: Parliament Approves €140 Million Loan for Suame Interchange Project
Parliament has approved a €140 million loan facility for the design and construction of phase I of the Suame Interchange and ancillary work project, in Kumasi. Read more »
Ghana: National Cathedral Is Profitable Venture
Ever since President Nana Addo Dankwa Akufo-Addo made public the idea of building the National Cathedral, it has suffered flaks just as it has enjoyed some praise. Read more »
July 27, 2022
Ghana: 'Govt Invests Gh¢2.2 Billion in NABCo Programme'
Approximately GH¢2.2 billion was invested in the National Builder's Corps (NABCo) programme, the Minister of Finance, Ken Ofori-Atta, has disclosed, as the initiative comes to… Read more »
Ghana: At 19th Secam Plenary Assembly - No Fixed Time to Build Cathedral ... President Raps Critics
President Nana Addo Dankwa Akufo-Addo has defended the decision to construct a National Cathedral, saying that the government cannot provide all the development needs of the… Read more »
Ghana: Save NEDCo From Collapse
The Northern Electricity Distribution Company (NEDCo) has announced a monthly loss of GH¢8.5 million in revenue to power theft and non-payment of bills and appealed to… Read more »
Ghana: NEDCo Loses Gh¢8.5 Monthly From Power Theft - MD
The Northern Electricity Distribution Company (NEDCo) says it is losing GH¢ 8.5 million in revenue every month from power theft and non-payment of electricity bills by… Read more »
July 26, 2022
Ghana: Mobile Money Transactions Fall in May but Increase in June Despite E-Levy Implementation
Mobile Money transactions dipped by 18.58 per cent to ¢71.4 billion in May 2022, the month of implementation of the Electronic Transaction Levy (E-Levy). Read more »
Ghana: Boost Technology to Receive Mastercard Grant to Support Small Businesses in Ghana, Others
Boost Technology, a company working with retail entrepreneurs across Ghana, Nigeria and South Africa, will receive a grant of US$125,000 towards their work trialling a new service… Read more »
Ghana: Finance Minister Says in 2022 Budget Review Economy to Rebound
The government has set an ambitious target to turn the economy around within the next two and half-years. Read more »
Ghana: CEO of Myturn Construction Ltd Passes On
The Chief Executive Officer (CEO) of the Myturn Construction Ltd and LESKEN Company Ltd, Mr Kenneth Anewenah, has died in Accra. Read more »
Ghana: Ghana Reinsurance PLC Presents Dividend to Government
Ghana Reinsurance (Ghana Re) PLC has presented a cheque of GH¢12 million to its sole shareholder, the government of Ghana as a dividend for the 2021 financial year. Read more »
Ghana: Ghanaian, Dutch Businesses to Explore Business Opportunities
At least 200 investors, companies, and entrepreneurs would have the opportunity to visit The Netherlands to discuss business opportunities. Read more »
Ghana: BoG Maintains Policy Rate At 19 Percent
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has put a break on its monetary policy tightening and maintained the Monetary Policy Rate at 19.0 per cent on the… Read more »
Ghana: International Reserves Outlook Very Bright - Governor
The international reserves outlook of the country looks bright and stable, Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said. Read more »
Ghana: We're Not Seeking Additional Funds to Finance Budget - Finance Minister
The government did not request for additional funding to finance 2022 budget in spite of the fact that revenue underperformed in the first half of the year. Read more »
Ghana: Budget Review Will Not Offer Respite to Economic Hardships - Minority Insist
The Minority in Parliament has asserted that the mid-year review of the 2022 budget statement presented to Parliament in Accra yesterday does not offer any respite to the economic… Read more »
July 25, 2022
Ghana: Philanthropist Builds Gh¢1.8 Million Police Station for Shama
The Guantoahen of Shama in the Western Region, Nana Kwamina Dekye I, has donated a GH¢1.3 million one-storey building to the Shama District Police command. Read more »
Ghana: First Phase U.S.$35,000 Royal Seed Orphanage Home Clinic Completes
The first phase of a $35,000 site clinic for the Royal Seed Orphanage Home at Ofaakor in the Awutu Senya District and its environs has been completed to improve health care… Read more »
Ghana: Fitch Solutions Revises Ghana's Growth Rate to 2.6 Percent in 2022
Fitch Solutions has shockingly revised Ghana's growth rate to 2.6 per cent in 2022, from its earlier forecast of 4.8 per cent. Read more »
Ghana: Cedi Suffers From Lack of Eurobond Inflows - Depreciates By 18.8 Percent to Dollar
The Ghana cedi is suffering from lack of Eurobond inflows as it has come under serious selling pressures in recent days. Read more »
Ghana: Finance Minister Presents Mid-Year Budget Review Today
Finance Minister, Ken Ofori-Atta is expected to present the Mid-year review of the 2022 budget statement and economic policy of government to Parliament today as government… Read more »
Ghana: Take Advantage of Current Economic Crisis to Revamp Economy... - Kwame Pianim Urges Govt
The government must take advantage of the current economic crisis facing the country to revamp the economy, Economist, Kwame Pianim, has suggested. Read more »
Ghana: Bawumia Cuts Sod for Construction of U.S.$200 Million Inland Port ... and 1,000 Acre Industrial Park At Debre
Vice President, Dr Mahamudu Bawumia on Friday cut sod for the construction of a $200 million Debre Inland Port project and a 1,000-acre industrial park worth $250 million at Debre… Read more »