Ghana has committed to restoring one million hectares and to have about two million hectares of its degraded and deforested land restored by the year 2030 under a number of international agreements and conventions relevant for Forest Landscape Restoration (FLR).
In order to meet these commitments, particularly under the Bonn...
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The execution of government's medium-term economic plans, backed by the International Monetary Fund (IMF), will bring the Ghanaian economy back to pre-COVID levels according to a market observer.
However, the recovery process will be expensive for all stakeholders, Apakan Securities remarked in a post-2023 budget analysis.
Per the 2023 budget, government...
Financial analysts have advised government to turn to borrowing from the domestic economy as alternative financing - but only in the short-term, since such a move will definitely lead to crowding out the private sector. While at it, government should also introduce programmes that will stimulate the private sector.
According...
…as Parliament passes Appropriation bill
Parliament has passed the Appropriation Bill, 2021 to give the Minister of Finance, Ken Ofori-Atta the authority to access and withdraw GH¢129 billion to run the economy for the 2021 financial year.
The Bill, which was passed on Tuesday, enables the Minister to access the funds...
Government’s pay policy implementer, the Fair Wages and Salaries Commission (FWSC), is stirring a debate on the importance of building stronger traditional labour groups as the phenomenon of splinter labour organisations seem to be gaining momentum.
According to the FWSC, many traditional labour unions - including the Trade Unions Congress (TUC)...
Newmont Ghana has partnered the government through the Asutifi District Assembly in the Ahafo Region to upgrade the Kenyasi Health Centre to the level of a District Hospital.
Newmont invested about US$350,000 (approximately GH¢2 million) in the construction of a 4-unit 2-bedroom doctors’ accommodation and 28-bed capacity paediatric ward to...
Industry players have said the current business environment does not favour the growth of indigenous enterprises, particularly noting rising interest rates coupled with the introduction of taxes on businesses.
This development, according to the entrepreneurs, cripples the ability of Ghanaian-owned businesses to compete effectively with foreign-owned businesses in the country.
The...
B&FT yesterday held its fifth in the series of ‘Ghana’s Most Respected CEOs Breakfast Series’ with the theme ‘Bringing the Economy Back to Life: The Role of Banking and Finance’, where the Country Director for Deloitte Ghana, David Kwadwo Owusu, who was a panel speaker noted that with the...