Wednesday, December 7, 2022
Vice President, Dr Mahamudu Bawumia, says though political stability has traditionally been Ghana’s attractive claim as an investment destination, the Nana Akufo-Addo administration is quickly moving beyond that to entrench economic stability as a second pillar. While acknowledging that the country’s record in smooth political transitions has been helpful in...
The country is nearing the receipt of a fifth bailout tranche payment of some US$118m, out of the US$918m IMF Extended Credit facility, following fruitful deliberations between the Briton woods institution and members of Parliament’s Finance Committee. According to the chairman of the Finance Committee of Parliament, Dr. Mark Assibey-Yeboah,...
Domestic and foreign investors have submitted various proposals to the Aviation Ministry to partner government in the development of on-ground aviation infrastructure, in line with the country’s vision to be an air transport hub. B&FT sources say that a proposed airport in the Western Region, development of the KIA Airport...
Mr. Jai Mirchandani, Chief Executive Officer of Avnash Industries Ghana Limited - the country’s most formidable agro-industrial processing company, has said it is ready to invest over US$100million into government’s One District, One Factory (1D, 1F) policy to ensure its success. “We are investing over US$100million from next year. I...
Southeast Asian nation targets 300,000mt to Ghana next year West Africa imported 1,000,000mt in 2016 In just the first three quarters of 2017, the country imported 213,000 tonnes of palm oil from Malaysia, valued at US$149.1million and representing more than 70 percent of total imports of the commodity within...
The Institute for Fiscal Studies (IFS) has said the over-GH¢2.7billion shortfall in government’s domestic revenue in the first half of this year must trigger an extensive strategy to boost government’s domestic revenue. Executive Director of the policy think-tank, Prof. Newman Kusi - speaking at the institute’s 2018 pre-budget forum -...
An issue under current discussion is whether Ghana should add the ESLA-backed Energy Bond it is about to issue to public debt, instead of remaining on VRA’s Balance Sheet—as assigned to a special purpose vehicle (SPV) called ESLA Plc. ESLA means Energy Sector Levy Act, 2015 (Act 899). Ghana has...
It would cost government more than US$420 million to roll out solar power generation in all second cycle schools across the country. This amount, however, would not include subsequent maintenance of the equipment. The Deputy Director of Renewable Energy at the Ministry of Energy, Seth Mahu who disclosed this indicated that...
The First Lady, Mrs. Rebecca Akufo-Addo, has urged women leaders to continue the drive for greater inclusion of women in all facets of our national development. Speaking at the maiden edition of the Executive Women Network (EWN) Annual Conference held in Accra, she said: “Excluding women, who make up more...
The National Pensions Regulatory Authority (NPRA) has certified two trustees who are ready to roll out the newly-launched Diasporan Pension Scheme, targeted at Ghanaians living abroad who hope to return home on a good pension. Falling short of mentioning the two trustees, the Chief Executive Officer of the NPRA, Hayford...
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