Residents of Obidan, a farming community in the Ekumfi District of the Central Region is appealing to the government to help revamp the salt production that has been abandoned for years to create more jobs for the youths.
They also called for the rehabilitation of the multipurpose storage facility constructed...
For a considerable period of time now, the country’s economy has been dominated by the Services Sector. The sector comprises trade, repair of vehicles and household goods; hotels and restaurants; transport and storage; information and communication; financial and insurance activities; real estate, professional, administrative, public administration; education; health; commodity,...
In a post-COVID-19 era, a major concern will be how to bring various economies around the world back to their feet through micro productivity.
In Africa, Agriculture remains the breadbasket of most economies including that of Ghana. According to the 2017 World Bank Sector Policy Note, Ghana's agricultural sector accounts...
This year’s mid-year budget review, which the Finance Minister is expected to present to parliament before the end of June, must be one that restores hope toward economic recovery, Minority Leader of parliament, Dr. Cassel Ato Forson, has expressed.
“The most important matter of concern to us is the state...
The Ghana National Chamber of Commerce and Industry (GNCCI) has urged the Monetary Policy Committee (MPC) of the Bank of Ghana to, at its next meeting, slash the monetary policy rate (MPR) by at least 200 basis points, so as to revive struggling businesses and foster economic growth.
In a...
Cedi climbs as lower oil price eases dollar demand
The Cedi gained against the dollar, climbing to 12.25 from 12.41 at last week’s close as FX demand eased amid a decline in oil prices. Ghanaian Finance Minister Ken Ofori-Atta said that talks are continuing with China about restructuring its debt...
The World Bank has long held the view that digital payments are essential to economic growth. By integrating digital into payment solutions and platforms, developing economies can bypass many of the challenges in legacy payments and banking, in order to gain access to affordable and relevant financial solutions.
The use...
The Institute of Economic, Statistical and Social Research (ISSER) at the University of Ghana is calling on government to turn its attention to efficiency in collection of taxes as a means of improving the revenue situation, rather than introducing new ones or increasing those existing.
As of the second quarter...
Mozambique and Equatorial Guinea in election spotlight
African elections are back in the spotlight this week, with the world’s longest-serving president—Teodoro Obiang in Equatorial Guinea—announcing he intends to run again in November’s elections to extend a 43-year tenure that began after a coup he led in 1979. Also this week,...
Residents of the Keta community including traditional authorities have been sensitized on the ongoing construction of the fish landing site in that area.
A delegation comprising the Deputy Minister for Fisheries and Aquaculture Development, Kingsley Francis Ato Codjoe, Deputy Volta Regional Minister, Johnson Avuletey, officials from the Ministry of Transport,...