The Ghana Private Road Transport Union (GPRTU) is scheduled to meet the Transport Ministry today, April 10, 2024, to discuss proposals for a potential increase in transport fares. The Read More... The post GPRTU
The World Bank (WB) is expecting an upward progression of Ghana’s Gross Domestic Product (GDP) to hit 5.0% by 2026. This follows a projected 2.9% marginal GDP growth for Read More... The post Ghana To Return To 5.0% GDP Growth – WB appeared first on
Julie Essiam In an official statement, the Ministry of Finance has announced the appointment of new leaders to the Ghana Revenue Authority (GRA), a move intended to bolster the Read More... The post Shake Up At GRA, Army Officer Takes Over Customs appeared
The Western Regional Secretariat of the Ghana Private Road Transport Union (GPRTU) has suspended its decision to increase transport fares by 30%. According to the secretariat, the decision follows Read More... The post WR GPRTU Suspends 30% Fare Increment appeared first on
Telecel Ghana delegation with His Majesty King Tackie Tsuru II Telecel Ghana has paid a courtesy call on His Majesty, King Tackie Tsuru II, Ga Mantse and President of Read More... The post Telecel Ghana Calls On Ga Mantse appeared first on DailyGuide
The Supreme Court has postponed its judgement on the case against FDA’s directive which banned celebrities in alcoholic advertisements. The post FDA Alcohol Ad ban: Supreme Court postpones date for judgement to April 24 first appeared on 3News.
The Ghana Statistical Service (GSS) has announced that inflation for the month of March this year increased to 25.8%. This is up from 23.2% recorded in February 2024. Government statistician Professor Samuel Kobina Annim said at a press conference in Accra on Wednesday, April 10 that the non-food inflation went up by 22.6 percent while food […] The post Inflation rate increases sharply to
President Akufo-Addo has signed into law an Act of Parliament, which seeks to revise and consolidate all laws relating to wildlife and protected areas. A statement signed by the Minister for Lands and Natural Resources, Mr Samuel Abu Jinapor, and released in Accra on Monday, this week, said the Wildlife Resources Management Bill, which had […] The post Akufo-Addo assents to wildlife management
The survival of the Ghana National Petroleum Corporation (GNPC) could come under threat as the government’s indebtedness to the Corporation continues to pile up. As of the end of 2022, the government owes the GNPC to the tune of $1.14 billion. The amount represents payments made on behalf of the government and SOEs, national and […] The post GNPC risks collapsing
The survival of the Ghana National Petroleum Corporation (GNPC) could come under threat as the government’s indebtedness to the Corporation continues to pile up. As of the end of 2022, the government owes the GNPC to the tune of $1.14 billion. The amount represents payments made on behalf of the government and SOEs, national and […] The post GNPC
Coordinator for the Public Interest and Accountability Committee (PIAC), Isaac Dwamena, has stated that a major action that has plunged the Ghana National Petroleum Company (GNPC) into its current debt is that they engage in activities other than their constitutional mandate. He stated that the current situation sees GNPC shouldering responsibilities that traditionally fall under […] The post GNPC
The World Bank has identified deep-rooted inequalities as a major obstacle to Africa’s economic progress, according to its chief economist for the region. Andrew Dabalen in an interview on Citi TV’s The Point of View, pointed to a lack of essential infrastructure and limited intra-African trade as key factors limiting growth. “The speed at which […] The post Structural
Andrew Dabalen, the Chief Economist for the Africa Region at the World Bank, has expressed optimism regarding the forecasted 3.8% growth in Sub-Saharan African countries by 2025. The World Bank’s Africa Pulse Report for April 2024 anticipates growth in Africa in the coming years. The report also suggests that domestic resource mobilization and international support […] The post Africa’s
but faster and more equitable growth needed to reduce poverty Increased private consumption and declining inflation are supporting an economic rebound in sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters and escalating conflict and violence, according to the World Bank’s latest Africa’s Pulse […] The post
The Electricity Company of Ghana (ECG) has partnered with Genser Energy, a Ghanaian energy company operating in the Western Region, to undertake projects to boost power supply to about 58 communities in the Western Region, Genser Energy has said. It said through the collaboration which involved the clearing of overgrown vegetation along the EGC transmission … The post Transmission
The Bank of Ghana (BoG) has announced new policy measures to control inflation. The new policy measures, which would take effect this month, are also to build a strong banking industry to promote financial intermediation mandate to support economic activities. The Governor of BoG, Dr Ernest Addison, disclosed this during a press conference in Accra … The post BoG introduces new measures
Absa Bank Ghana has announced the winners of its Assist Card campaign at a ceremony in Accra. The hallmark campaign is designed to encourage and reward the use of Absa’s contactless debit and credit cards. Launched in December 2023, the campaign underscores Absa’s strategic partnership with the English Premier League, leveraging this association to foster … The post Absa rewards Assist
The National Petroleum Authority (NPA) says the African Centre for Energy Policy (ACEP) is not ceased with all the facts regarding the setting of Price Floors for the deregulated products. A statement issued by the corporate Affairs Department of the NPA in reaction to the concerns raised by the ACEP said the latter’s claim that […] The post ACEP doesn’t have adequate information
The Public Relations Officer of the Ghana Cocoa Board (COCOBOD), Fiifi Boafo, has lauded the achievements of the Akufo-Addo government in the cocoa sector amidst criticism from the minority in Parliament. During an interview on The Point of View on Citi TV, Fiifi Boafo defended the government against accusations of shortchanging cocoa farmers despite a […] The post Ghanaian
Absa Bank Ghana has announced the winners of its Assist Card Campaign at a ceremony held at the Kempinski Gold Coast Hotel, Accra. The hallmark campaign is designed to encourage and reward the use of Absa’s contactless debit and credit cards. Launched in December 2023, the campaign underscores Absa’s strategic partnership with the English Premier […] The post Absa rewards Assist
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