Economic and social activities in Bompieso, in the Prestea-Huni Valley Municipality of the Western Region, came to a standstill on Friday, 1st March 2024 when the Deputy Minister for Lands and Natural Resources, responsible for Mines, Hon. George Mireku Duker, led a delegation to officially launch the Bompieso Community Mining Scheme. This initiative is expected […] The post Bompieso
The Executive Vice President of the African Center for Economic Transformation (ACET), Mavis Owusu Gyamfi, has emphasised the need for fiscal prudence to bolster Ghana’s economy. According to her, fiscal prudence means making wise and careful decisions regarding financial matters, particularly in the management of government funds and public money. In an interview with Bernard […] The post We
In a collaborative effort, a joint task force involving the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security successfully seized over 1,000 units of 25 litres of vegetable oil suspected to be smuggled. The operation took place at a warehouse located […] The post Joint
Isaac Adongo, the Member of Parliament for Bolgatanga Central, has strongly criticized the Akufo-Addo administration’s economic performance during a lecture at the University of Professional Studies, Accra (UPSA). The lecture, titled “Ghana’s economic mess; Victim of poor economic governance?” raised concerns about the government’s effectiveness in addressing the nation’s financial struggles. Adongo specifically highlighted the […] The post
Heightened corporate demand and persistent foreign exchange (FX) pressure has seen the local currency plummet against major trading currencies, reflecting mounting concerns over inflationary pressure and liquidity dynamics. This is despite the over US$106.10million injection into the FX market through the Bank of Ghana’s (BoG) spot market operations, and bulk oil distribution companies (BDCs). Corporate […] The post
The Customs Division of the Ghana Revenue Authority has assured stakeholders of its commitment to reducing the long duration of goods clearance at various ports across the country by 50%. Currently, it takes about 10–12 days to clear goods at the Tema port, 7 days at the Kotoka International Airport, and 3 days at the […] The post We’re committed
By Emmanuel Owusu Agyei AMPEM My friend Charlotte of ENI has always been arguing; and she talks to me about climate change and its effects on modern economies. She has been so passionate about it that she tells me how her application to join the just-ended COP 28 was rejected because she works for ENI […] The post A 24-hour economy policy – celebration of mediocrity?
Emmanuel Armah Kofi Buah The Deputy Minority Leader in Parliament, Emmanuel Armah Kofi Buah, has called on government to ensure that mining communities adhere to the law governing the Read More... The post ‘Adhere To Community Mining Laws’ appeared first on
By Chen WENLING Western media has frequently adopted a pessimistic stance towards the Chinese economy. These narratives reveal the underlying pressure and apprehension certain Western countries experience in the realm of economic competition. By downplaying China’s economic prowess, their objective is to undermine China’s global standing and influence. Nevertheless, these portrayals often fail to acknowledge the […] The post
By Ebenezer Ashley (PhD). The concept of inflation has attracted diverse theories from different economists across the globe. Economists with varied forms of theories on inflation are grouped into two. These include structuralists and monetarists (Nitisha, n.d.). Structural economists assert, inflation is the end-product of the imbalances inherent in economic systems; and adapt both fiscal […] The post
Workers at the Future Global Resources Bogoso-Prestea Mines have rejected recapitalization and restructuring proposals by Blue Holdings in response to workers’ recent demonstrations urging the government to bring in new investors, following FGR’s failure to invest in the mines. FGR in a February 26 statement disclosed that it has In a statement released on February […] The post FGR
The opposition National Democratic Congress (NDC) has reiterated its commitment to ensuring that Ghanaians acquire wealth through its proposed 24-hour economy if elected in the 2024 elections. The NDC held its National Policy Dialogue on February 22 and February 23 to deliberate on its policy priorities for the December polls at the Peduase Lodge in […] The post 24-hour
The Presidential Candidate of the opposition National Democratic Congress (NDC), John Dramani Mahama, has stated that the massive acceptance of his 24-hour economy proposal has sent shivers down the spines of the governing New Patriotic Party (NPP). The NDC, on February 22 and February 23, held a national policy dialogue at the Peduase Lodge to […] The post My
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has underscored the importance of the 24-hour economy. According to Mr. Mahama, the 24-hour economy is the surest way for the country to achieve its significant economic expansion. He made these remarks when he addressed the party’s national policy dialogue held between February 22 […] The post 24-hour
In a groundbreaking move that could reshape Ghana’s economic landscape, Vice President Dr. Bawumia has unveiled a bold plan to revitalise the country’s mining industry, with a special focus Read More... The post Dr.
By Rabah Arezki Before the outbreak of COVID-19, Africa experienced 25 years of uninterrupted economic expansion, prompting analysts to proclaim that the continent’s growth momentum was no longer dependent on its extractive industries. As access to education and health care increased, so did life expectancy, nurturing an “Africa rising” narrative. To finance their development needs, […] The post
The German economy is in “troubled waters,” according to country’s economy minister. Robert Habeck said the German government’s forecast for economic growth for 2024 had been revised down from 1.3% to 0.2%. This means that Europe’s largest economy has effectively stalled – although it has avoided entering a full-blown recession. Mr Habeck previously called Germany’s […] The post German
By Elizabeth PUNSU, Obuasi AngloGold Ashanti Obuasi Mine (AGA) has constructed a new building for the Obuasi District Police Headquarters, in a bid to enhance security and safety of the communities within the Obuasi catchment area. The building was constructed at a cost of GH₵2.13million. Located at New Bidiem, the land for the building was […] The post
In the intricate dance of financial management, personal or business, understanding your position and predicting future stability is paramount. The “run rate” concept finds its roots deep within financial analytics but extends its branches far and wide into personal and business finance. At its core, the run rate acts as a beacon, guiding individuals and […] The post The
Idris Elba and Dr Bawumia Vice President Dr. Mahamudu Bawumia engaged in a dialogue with acclaimed actor Idris Elba and his team at Jubilee House, Accra, to explore avenues Read More... The post Bawumia, Idris Elba Dialogue About
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS