The discovery of gas resources in abundance and efforts to invest in the necessary infrastructure will guarantee the power sub-sector’s future in the medium-term, while ongoing investments in nuclear and clean energy will ensure the economy enjoys reliable and cheaper power in the long-term, Minister of Energy Peter Amewu...
Senior Minister Yaw Osafo Maafo has expressed optimism that the recommendations that will be presented at the 2020 edition of the Ghana Economic Forum (GEF)will positively influenced government’s policies.
Speaking at the Day Two of the Forum in Accra which focused on the energy sector, Mr. Osafo Maafo said the...
Insurers, as the primary risk managers for all spheres of the economy, must spearhead efforts aimed at building nation-wide resilience to economic shocks and drive the post-pandemic recovery process, Patience Akyianu, Group CEO, Hollard Group, has said.
In her estimation, the commonly-used approach of government almost unilaterally bearing the cost...
World Travel Awards “The Hospitality Oscar” was established in 1993 and has been globally recognized as the most prestigious and influential honours programmes acknowledging outstanding global travel and tourism industry players who push the boundaries of industry excellence.
Winners are selected through a strict process by travel and tourism professionals...
President Nana Addo Dankwa Akufo-Addo has assured the country that his government will do everything within its ability to bring about the recovery of the economy from the impact of the deadly pandemic, urging the private sector to be at the forefront of the revival mission.
In a speech delivered...
The future of the Ghanaian economy remains bright as the government continues to put in place measures to make it more resilient and strong enough to withstand future shocks but a lot more needs to be done to sustain the gains, Deputy Trade and Industry Minister, Robert Ahomka-Lindsay, has...
The Chief Executive of the Ghana Investment Promotion Center (GIPC), Mr. Yofi Grant, has said his outfit is keen on seeing a transformative business environment that promotes growth and partnerships. To this end, he said the GIPC has been pushing “a very aggressive agenda of reform” to make sure...
Many factors go into assessing how much debt an economy can safely carry
Countries incur debt by borrowing. Borrowing can enable countries to finance important development programs and projects—but, taken too far, the burden of debt repayment can overwhelm a country’s finances, at worst leading to default.
Elevated debt in low-income...