The nation’s economic and financial development future will come into focus today, as the foremost gathering of financial and economic minds – The Money Summit (TMS) 2023 – comes off in the nation’s capital.
The summit’s third instalment will see the domestic business community’s highest echelon attempt to make sense...
The Commissioner General of the Ghana Revenue Authority (GRA), Mr. Emmanuel Kofi Nti, has indicated that the authority’s revenue target of GH¢39.8 billion is achievable.
It raked in GH¢ 32.3 billion last year, registering a shortfall of GH¢1.1 billion.
The figure, however, represented a nominal growth of 22.3 per cent over...
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,...
The role of interest rates in shaping economic landscapes is deeply rooted in history. It has been influenced by evolving monetary policies, cultural beliefs, and responses to financial crises. By tracing this historical evolution, we can better understand the current role of rates and anticipate how they might adapt...
Economists are calling for priority to be placed on high-productive sectors and diversification of the economy, in a bid to accelerate recovery, achieve sustainable economic growth and transformation.
This is seen as a sine qua non with the country’s economic transformation having been on the decline - below the African average in...
As nations worldwide continue to embrace the concept of waste as a resource to cherish and not to discard, Ghana is also coming up with initiatives that will not only improve the sanitation situation, but also contribute to sustainable industrial development.
One such initiative is the Hybrid Waste to Energy...
Olam International, a leading food and agri-business, in partnership with Singapore-based Temasek Foundation has donated a consignment of PPE to the Government of Ghana to support national efforts in the fight against COVID -19.
The consignment comprised various items of PPE including 3,000 surgical gowns, face shields, KN95 masks, and...
The Institute of Fiscal Studies (IFS) has warned that, Ghana risk becoming a distress country if the rising debt stock is checked.
According to the IFS, measures need to be put in place by government to arrest the “seriously worsening” debt situation which portends ill consequences for the economy.
This warning...
Finance Minister Ken Ofori-Atta has categorically denied dishonestly misreporting economic data to parliament.
The allegation of deliberately misreporting economic data to parliament is completely not true, he said, responding to a censure motion filed by the Minority.
Contrary to the position of others that the ministry did not reflect the Finsec...
The National Board for Small Scale Industries (NBSSI), under the second phase of the Ghana Institutional Support Programme (GISP), has organised a ten-day workshop on business planning for new product development for micro, small and medium enterprises (MSMEs) in Koforidua.
This is in line with the current government’s industrial transformation...