Wednesday, July 15, 2026
Government has said it will be turning its attention to the Eurobond market as it seeks to raise a billion cedis to finance its budget deficit for the 2018 fiscal year, Finance Minister Ken Ofori- Atta has said. Presenting this year’s Budget Statement and Economic Policy to Parliament on Wednesday,...
Wholly-owned Ghanaian investment firm, IBISTEK Limited, has announced plans to build and operate a multi-purpose on-dock terminal that will help drive up traffic to the country’s exports-based seaport. The construction of the terminal is expected to shore up the cargo throughput capacity of the Takoradi Port to about one million...
capitation grant up to GH¢10 No BECE registration fee Income tax waived for private varsities In a bid to attract investors into the country’s education sector and position it as a hub in the sub-region, Minister of Finance Ken Ofori-Atta has revealed that government will give tax breaks...
Airlines operating flights to and from Accra, Ghana are changing their aircraft in response to increased capacity on the route, demand by passengers for enhanced comfort and improved on-board services, starting a healthy competition that will benefit consumers. Given the capacity of these aircraft, airlines would have to be creative...
Finance Minister, Ken Ofori-Atta, has told Parliament that government is expecting to achieve a fiscal deficit of 4.5 percent of Gross Domestic Product (GDP), which when achieved, will be the lowest deficit in the past 7 years. Mr. Ofori-Atta told Parliamentarians on Wednesday that government is on course to achieve...
Mr. Kwabena Okyere Darko (MP), Deputy Minister of Aviation, has disclosed that about 20 international and local airlines have expressed interest in partnering government for the establishment of a new national carrier. Mr. Okyere Darko, who represented the sector minister, Ms. Cecilia Dapaah, at the welcome ceremony to receive Ethiopian...
Government is to set up a new national development bank to “mobilise private capital toward agricultural and industrial transformation”, Finance Minister Ken Ofori-Atta revealed in the 2018 Budget and Economic Policy of Government presented to Parliament yesterday.  “To achieve an efficient financial sector with innovative and long-term financing instruments to...
Introduction The causal relationship between energy consumption and economic growth has attracted many literatures. Researches relating to these two variables are conducted in order to propose policy frameworks to ensure that efficient policies are implemented. Following the pioneering work by (Kraft and Kraft, 1978) who found a unidirectional causality running...
The latest figures from the Bank of Ghana shows that banks’ base rates have dropped by 0.3 percent, bringing the year-to-date drop to 1.9 percent. The monthly Annual Percentage Rates (APR) of interest charged on loans and credit advances and the Average Interest (AI) paid on deposits by banks show...
HFC Bank Ghana, a subsidiary of Republic Financial Holdings Limited has been recognized as the Best Pension Custodian Bank at the Ghana Accountancy & Finance Awards. The Award is in recognition of the Bank’s enormous contributions in the Custody Services including Trade Settlements, investments collections, cash collection services, detailed valuation...