In the realm of US-Africa economic relations, the African Growth and Opportunity Act (AGOA) stands as a pivotal legislation designed to foster trade and investment between the United States and eligible Sub-Saharan African countries. Since its inception in 2000, AGOA has sought to support economic growth and sustainable development by providing duty-free access to the […] The post Assessing
The International Monetary Fund (IMF) has reached the staff-level agreement on review of the extended credit facility with Ghana. The IMF in a statement released on Saturday April 13, 2024, said Ghana will have access to about US$360 million in financing once the review is approved by IMF Management and formally completed by the IMF […] The post IMF
Policy think tank, IMANI Africa, has called on the government to improve the information and data contained on the newly launched Performance Tracker. The think tank said the tracker is a good policy that needs data and information to improve it. The performance tracker was launched by the Minister of Works and Housing, Kojo Oppong […] The post Performance tracker vague,
The incumbent Member of Parliament (MP) for the Agona West constituency, Cynthia Mamle Morrison, has been defeated in the Saturday NPP parliamentary primaries. She lost her bid to represent the party to Chris Arthur. The chairperson of the Communications Committee of Parliament polled 152 against Arthur’s 240 votes. Delegates in the constituency could not participate […] The post Incumbent
The Ministry of Tourism, Arts, and Culture and the Ghana Tourism Authority are hopeful that the Ministry of Finance will consider providing tax reliefs in the mid-year budget review for operators in the sector following a paper they presented on the issue. According to the two entities, poised to make tourism the number one GDP […] The post Domestic tourism:
The Ghana Private Roads and Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC) have urged commuters not to adhere to any proposed new transport fares that have yet to receive official approval. This announcement comes in response to the Transport Operators Union and the Concerned Drivers Association of Ghana, declaring a 30 […] The post Don’t
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU [email protected] / [email protected] The recent hike in inflation in March was ‘not surprising’ and poses no significant threat to the general recent disinflationary trend, Head of Research at GBC Capital, Courage Boti, has said. Consumer inflation reached a new high of 25.8 percent in March 2024, […] The post
The Chartered Institute of Logistics and Transport, CILT Ghana, has organised a business forum to discuss the cost of doing business in Ghana’s ports as well as its implication on import and export trade. The forum had participation from key stakeholders like Ghana Ports and Harbours Authority, Shipping Lines, Ghana’s Shippers Authority, and some logistics […] The post CILT discusses cost
The Customs division of the Ghana Revenue Authority has vowed to clampdown diversion of transit cargo in the country. At a stakeholder engagement on securities of transit cargo in Tema, the Acting Deputy Commissioner of the suspense regime fletching Akoto said the country loses a lot of revenue as a result of diversion of Cargo, […] The post GRA to clampdown on diversion of transit cargo appeared
The Electricity Company of Ghana (ECG) is to commence a 33kV line upgrade project aimed at improving power supply reliability in the Ashanti Region. The project, being undertaken by Indian firm Arvensis Energy Private Limited over an 11- week period will focus on enhancing the existing 33kV line from Ridge BSP through the Kaase Substation […] The post ECG
Ghana, Guinea, Guinea-Bissau, Gambia, Senegal, Cameroon, Uganda, and Kenya are benefiting from a South Korean developmental initiative as a swift response to the danger over food security in Africa by helping these countries to increase rice production and reduce their reliance on imports. Known as the K-Ricebelt project, it is aimed at providing small farmers […] The post
The donated items The Abbosey Okai Spare Parts Dealers Association has donated food items to Muslims in the community as part of the Eid celebration. The donation included bags Read More... The post Spare Parts Dealers Support Abbosey Okai
Inflation for March 2024 increased sharply to 25.8% from 23.2% recorded in February 2024. This means that in March 2024, the general price level was 25.8% higher than in Read More... The post Inflation Rises To 25.8% appeared first on DailyGuide
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
Buem Member of Parliament, Mr Kofi Adams, has asked the Governor of the Bank of Ghana (BoG), Dr Ernest Addison whether there is any commercial bank in Ghana capable of running the Gold for Oil programme if the central bank decides to shift to the operations to them. This was after Governor Addison hinted that […] The post Is there any commercial bank
Bryan Acheampong, Minister for Food and Agriculture THE MINISTRY of Food and Agriculture (MoFA), has said it has not approved the commercialization of the maize and soya products, which Read More... The post Govt Has Not Approved NBA Soya, Maize Seeds – MoFA
West Ham star Mohammed Kudus has expressed his admiration for Liverpool midfielder Thiago Alcantara. In an interview with Sky Sports, Mohammed Kudus admitted that he Idolised the former Barcelona and Bayern Munich midfielder growing up due to his creativity. “I liked Thiago Alcantara a lot. I love players that player with creativity and try to […] The post Mohammed
Five people have been arrested and multiple firearms have been recovered after a Wednesday afternoon shooting in West Philadelphia, police say. According to a CNN report, the shooting incident occurred at about 2:30 p.m. local time at Clara Muhammad Square. Kevin Bethel, Philadelphia Police Commissioner, said this during a news conference after the shooting. The […] The post Philadelphia:
The Ghana Union of Traders (GUTA) has unveiled a comprehensive 20-point agenda to guide political parties craft their campaign manifestos. GUTA in its document, urged political parties to prioritise policies that support entrepreneurship and commerce and underscored the need to foster a conducive business environment. Speaking to journalists after meeting with the leader of the […] The post GUTA
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