The Institute for Fiscal Studies (IFS) has welcomed moves by the Nana Addo Dankwa Akufo-Addo government, to hedge its oil imports under a new risk management strategy to keep fiscal consolidation on track as global crude prices recover. According to the civil society group, moves to hedge the country’s oil...
The Department of Communication Innovation and Technology (CIT) of the University for Development Studies (UDS) is to sign a Memorandum of Understanding with the National Film and Television Institute (NAFTI) to deepen its relationship for a joint communication programme. This is to enhance the capacity of students trained at the...
Although port clearance processes went paperless in September last year, the Association of Ghana Industries (AGI) is urging government to inject transparency into the valuation processes at the country’s ports. Among the concerns raised by the AGI are under-invoicing and under-declaration by importers, in addition to the ineffective scanning system...
Mining giant Golden Star on February 1, 2018 reached an important milestone, as its Prestea Underground Mine in the Western Region achieved commercial production. The project construction of the Prestea Underground mine, including the installation of all ancillary infrastructure has been completed. Operational and gold production is expected to continue to...
There is a need to establish new legislations for the downstream petroleum sector, in order to realise government’s vision of making Ghana a hub for refined petroleum products in the West African sub-region, Energy Minister, Boakye Agyarko has advised. According to the minister, who was speaking at the 2018 Downstream...
Corruption is a major contributor to Africa’s stunted development. By corroding and weakening governance institutions and the democratic values of human rights, gender equality, justice, and the rule of law, it has hindered the continent’s progress toward peace and prosperity. A 2002 AU study estimated that Africa loses about $150 billion...
The Minister for Local Government and Rural Development, Hajia Alima Mahama, has directed the Registrar of Births and Deaths to review the directive banning the registration of some Ghanaian names. The directive was contained in a 2009 standard operating procedure manual and has been in force since then. However, Ghanaians have...
Parliament has granted a one week extension of time to the five-member Adhoc Committee probing the alleged cash for saga to submit its report to the plenary for consideration. The extension was granted by the leadership of the House following a request tabled in by the Committee. "Mr. Speaker, leadership is...
Africa’s foremost financial institution, the African Development Bank (AfDB), has made a compelling case for accelerating industrialisation in order to create jobs, reduce poverty and promote inclusive economic growth. The President of the Bank believes agriculture needs to at the forefront in the continent’s industrialisation drive. In the Bank’s 2018 Economic...
As the 22nd edition of the International Trade Fair slated for February 28 to March 7 approaches, this year’s fair is intended to mark a departure from what had previously pertained in terms of outlook. According to the CEO of Ghana Trade Fair Company Limited, Dr. Agnes Adu, this...