The Ghanaian private sector recorded a sustained improvement in business conditions in January.
This means that the operating conditions for businesses in the country have seen consistent growth for the past two years, the January 2018 edition of the Standard Bank Purchasing Managers Index (PMI) has shown.
The report also revealed...
The Minister of Finance, Ken Ofori-Atta, has said the government was hard against time to address challenges with payment of arrears to contractors.
But the Minister was quick to add that, his Ministry was also ensuring that due diligence was done to avoid paying fraudulent claims.
Speaking to financial and economic...
The National Communications Authority (NCA) has released its Quality of Service Monitoring Plan for March and April, 2018 as part of its plans of improving and enhancing telecommunication Services across the country.
The released plan which is part of Phase 1 of the Monitoring, indicates the regions the NCA will...
President Nana Addo Dankwa Akufo-Addo has called on American investors to take part in the extraordinary opportunities that exist in Ghana and on the African continent.
“There is a lot of opportunity for American capital, technology and enterprise in Ghana, and indeed in Africa; and we welcome companies from all...
Government appears frustrated that lending rates remain immovable in spite of improvements in key macroeconomic indicators like inflation and treasury bill rates, and is considering bringing what Ken Ofori Atta calls some “moral pressure” to bear on banks.
At the same time, the Finance Minister said, government is in discussions...
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 ECOWAS Commission has signed a trade and investment cooperation agreement with the Republic of Turkey as part of efforts to deepen economic cooperation between members of the Sub-regional body and Turkey.
Signing the ‘Turkey-ECOWAS Trade and Investment Cooperation Agreement’, is seen as a principal step toward institutionalising relations between...
The Head of the Economics Department of the University of Ghana, Prof. Peter Quartey, has said the central bank’s inflation-targetting mechanism remains effective, suggesting that calls for abolition of the regime are premature.
Prof. Quartey was speaking at a public lecture organised by the Department of Economics, University of Ghana...
Mr. Ken Ofori-Atta, the Minister of Finance, has observed that public debt and fiscal deficit remain major challenges hindering the Economic Community of West African States (ECOWAS) from meeting the convergence criteria of a single currency.
In that regard, he said, there is a need for enhanced efforts and strong...
Government plans to issue up to $2bn in H1
Ghana also considering green bond sale
Ghana plans to issue a sixth Eurobond of up to US$2billion by June and has received keen interest from Asian investors, finance minister Ken Ofoti-Atta said on Tuesday.
Ghanaian officials last week met investors in...