Despite recent progress on restructuring the country’s debt, short-term interest rates exceeding 30 percent are undermining the savings achieved according to Leslie Dwight Mensah, an economist at the Institute for Fiscal Studies (IFS). With domestic markets as the sole financing source, he said, government remains vulnerable. “If stronger fiscal consolidation isn’t achieved, including on the […] The post
A senior UN aid official has warned that half of Gaza’s population is starving, as fighting there continues. Carl Skau, deputy director of the UN World Food Programme, said only a fraction of supplies needed have been able to enter the Strip – and nine out of 10 people cannot eat everyday. Conditions in Gaza … The post Half of Gaza’s population is starving, warns UN
Carbon emissions and their negative impact on climate change continue to top national and global discussions, as world leaders contemplate how they can reduce carbon emissions to zero. The United Nations Climate Change Conference from 30 November to 12 December 2023 in Dubai, United Arab Emirates (UAE), is the latest conference dealing with this critical […] The post World
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has reaffirmed its dedication to driving economic growth and development through the launch of Phase Two of the Fidelity Young Entrepreneurs’ Initiative (FYEI). This transformative programme aims to provide both financial and non-financial support to empower youth-centric businesses, contributing significantly to the future economic landscape of Ghana. […] The post
In an era dominated by concerns about environmental sustainability, the construction industry faces a pressing challenge: a substantial environmental impact and the escalating cost of cement. This dilemma is particularly acute in developing countries like Ghana, where the selection of building materials receives insufficient attention, compounding environmental issues. Concurrently, the disposal of agricultural waste adds […] The post
Following the successful staging of the maiden Western Regional Oil and Gas Excellence Awards ceremony last year, the 2nd Western Regional Oil and Gas Excellence Awards Dinner is due to be held in Takoradi on Friday, December 15, 2023. The Western Regional Minister, Mr. Kwabena Okyere Darko-Mensah, will grace the occasion as the Guest of […] The post 2nd
The 2023 edition of the prestigious Ghana Oil and Gas Awards (GOGA) has recognised a total of 38 individuals and companies with various honours for their outstanding roles and contributions towards the growth of the country’s oil and gas sector in a ceremony held at the Kempinski Gold Coast Hotel in Accra last Friday night. […] The post 10th Ghana Oil
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