Government is to establish a body to absorb all the supervisory roles played by ministries, the State Enterprises Commission (SEC) and other government agencies over State-Owned Enterprises (SOEs) as part of measures to avoid fragmentation and to promote efficiency, President Nana Akufo-Addo has said.
The President, in a speech read...
As the country’s economy recorded impressive growth of 8.5 percent in 2017, the highest ever in five years, the sector that has been touted as the economy’s backbone—agriculture—continues to see its contribution to GDP decline.
The sector’s contribution to GDP in 2017 dropped from the 18.9 percent recorded in 2016...
Expo 2020 Dubai and leading global food and beverage company PepsiCo have joined forces, with a shared vision of working together toward a healthier and more sustainable future in the lead-up to, during and beyond the next World Expo in 2020.
At the signing ceremony today at the Expo 2020...
Fund keeps forecast unchanged but warns world growth will slow
‘First shots’ fired in potential trade war, Obstfeld says
The International Monetary Fund predicted the world economy’s strongest upswing since 2011 will continue for the next two years but warned the seeds of its demise may have already been...
Former workers of the defunct UT and Capital Banks have made an appeal to the central bank to ensure that their exit package, as agreed between UNICOF and the Receiver (PwC), is paid.
The Bank of Ghana revoked the two banks’ licences due to severe impairment of capital on August...
The International Monetary Fund has forecast that 2018 will be the strongest year for global growth since 2011.
In its new assessment of the World Economic Outlook, the IMF predicts growth this year and next of 3.9%.
However, it warned that performance could be curtailed by trade barriers.
For the UK, the...
South African President Cyril Ramaphosa appointed a team of business and finance experts on Monday to hunt the globe for $100 billion in investment to boost the ailing economy.
The team of economic envoys includes ex-finance minister Trevor Manuel as well as a former top banker.
Ramaphosa became president in February...
The Vice President, Dr. Mahamudu Bawumia has emphasized Ghana’s commitment to supporting Liberia in terms of economic cooperation and other investment opportunities that the two countries may explore for the future.
He made this assertion when he welcomed the Vice President of the Republic of Liberia, H.E Jewel Howard Taylor...
Following a petition to the president by local banks to extend the duration required for banks to meet the new minimum capital requirement, the Council of State has waded into the matter and is rather urging local banks to consider mergers if they cannot raise the stated capital by...
Last week, the president launched a seven-year development plan that forms the basis for his government’s development planning. As a result, all metropolitan, municipal and district assemblies (MMDAs) are required to develop their medium-term programmes in line with the overall agenda of the 7-year development plan.
This is a constitutional...