Friday, May 27, 2022
In 2016, Ghana, the second largest gold producer in Africa, and the eighth largest globally, legally produced 96 Metric Tons (“MT”) of gold. On average, Ghana produces approximately 100 MT annually. At April 1, 2017, the Bank of Ghana (“BoG”) Gold Reserve amounted to 8.70 MT, (it has not...
Vice President Dr Mahamudu Bawumia has said Government has begun implementing policies and programmes intended to make Ghana the most business-friendly country in Africa.These include ensuring fiscal discipline, cutting the budget deficits, managing the national debt and undertaking measures to fight corruption, he said.Vice President Bawumia said this when...
Mr. Kofi Sekyere, Chairman of Kumasi City Mall, has said it is about time Ghanaians saw shopping malls as potential markets for locally produced and manufactured goods to enable retail shopping facilities to contribute towards the country’s import substitution strategy.Mr. Sekyere made this observation when the President, Nana Addo...
President Nana Akufo-Addo has expressed worry over the influx of cheap imported goods in most shopping malls and supermarkets in the country, to the disadvantage of locally produced goods, which constitute less than five percent of goods on sale.The development, the president said at the opening of the Kumasi...
Ms. Eva Mends, a Chief Economics Officer has been appointed as the Acting Director of Budget at the Ministry of Finance,the first ever female to be appointed a Director of Budget at the Ministry.Ms.  Mends, the Group Head of the Public Financial Management Reforms, joined the Ministry as a...
Dun&Bradstreet(D&B) Ghana and Invest In Africa, IIA, have signed a Memorandum of Understanding (MOU), to support small and medium scale enterprises(SMEs) to make them investor ready through credit referencing.With the signing of the MOU, it is expected that IIA and D&B will support SMEs on the African Partner Pool...
Government will soon introduce a procurement policy that will bond its agencies and large companies operating in the country to source majority of their raw materials and inputs from local producers once such inputs are available, Carlos Kingsley Ahenkorah, a Deputy Trade and Industry Minister, has said.“The policy will...
The 15 percent increment in transport fares by the GPRTU in April has pushed inflation up slightly to 13 percent from 12.8 percent in March, the Ghana Statistical Service has announced.“The rise in inflation rate from 12.8 in March to 13 percent in April 2017 was mainly due to...
The Ministry of Finance has appointed new officers to key positions in the Ministry in a bid to help push the reforms the government intends to pursue.Overall four persons have been appointed to augment the work at the Ministry, including Ms Eva Mends, Eugene Asante Ofosuhene, Sampson Akligoh and...
Government must, as a matter of priority, be committed to employing the right number of qualified nurses into public health facilities, regardless of whether the bonding arrangement it has with trainee nurses is revoked, Dr. Justice Yankson, Deputy General Secretary of the Ghana Medical Association has said.More hands, he...
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