The IMF is releasing $600 million today, according to the Governor of the Bank of Ghana
The first tranche of $600 million out of the $3billion IMF programme will hit the accounts of the Bank of Ghana today, May 19, 2023, the Governor of the Bank…
Hunan Province of China will collaborate with Ghana’s Lands Ministry on mineral investment.
A high-level team from China’s Council for the Promotion of International Trade’s Hunan Sub-Council paid a courtesy call on Samuel Abu Jinapor, Minister of Lands and Natural Resources, on Tuesday…
OMCs benefitting from ‘Gold for oil’ to sign undertaking to reduce prices
All Oil Marketing Companies (OMCs) that purchase petroleum products under the government’s Gold for Oil (G40) Programme will be required to sign an undertaking to guarantee a reduction in their…
The launch of the Economic Enclave Project (EEP) to cultivate 110,000 acres of land in seven regions sets the tone for a new journey of youth engagement in commercial agriculture.
Under the programme, government will provide support such as clearing and development of land and facilitate access to credit, including the recently approved GH₵500 million from the Development Bank Ghana…
PIAC reaffirms that $100m was not paid into Petroleum Holding Fund
The Public Interest and Accountability Committee (PIAC) has reaffirmed its 2021 report that $100 million of petroleum lifting revenue was not paid into the Petroleum Holding Fund. Mr Nasir Alfa…
Ghana inflation for October is record high at 40.4%
Ghana’s inflation has risen 2.7 per cent from September at 37.2 per cent to reach a record high of 40.4 per cent in October as the economy gets bleaker with…
Government securing affordable petroleum products to stabilise fuel prices – Akufo-Addo
The government is working to secure reliable and regular sources of affordable petroleum products for the Ghanaian market to stabilise fuel prices, President Nana Addo Dankwa Akufo-Addo, has said. Addressing…
Mahama calls for legislations to ban collateralisation of statutory fund
Former President John Dramani Mahama has called on Parliament to pass legislations that will stop governments from using statutory fund as collateral for loans. He said the “wanton collateralisation” of…
Bank of Ghana told to ‘arrest’ dollar to bring fuel prices under control
The Chamber of Petroleum Consumers Ghana (COPEC) has asked the Bank of Ghana and the Economic Management Team to take immediate steps to halt the fast decline of the cedi…
Breast abnormalities found in 14% of women screened at Agomeda Shai
Fourteen per cent of women screened in Agomeda Shai and its environs in the Greater Accra Region are found to have breast-related abnormalities. The women, aged between 38 to 60…