A major breakthrough has been achieved with the successful restructuring of a US$13billion Eurobond debt, Finance Minister Dr. Mohammed Amin Adam has announced.
Emphasising the importance of this achievement, Dr. Adam stated: “We are poised to turn the page on our restructuring journey and embark on a new chapter of...
Depot automation is a crucial part of BOST’s strategic investment, as technical and mechanical staff across all depots are currently undergoing a four-day training programme to enhance operational efficiency nationwide.
Once complete, BOST anticipates tripling its efficiency; thereby strengthening its competitive edge in the oil storage and transportation industry.
“This is...
The Engineering Council of Ghana is gearing up for full enforcement of the Engineering Council Act, Act 819, by June 2025 - which will have significant implications for engineering practitioners, firms and educational institutions.
Currently, the Council is amid a nationwide sensitisation programme to encourage compliance with the Act and...
An estimated US$2.3billion is lost to illegal mining and gold smuggling annually, while more than 2.5 million hectares of forest cover has been lost over the last decade due to galamsey (illegal mining), according to the Forestry Commission.
This is equivalent to losing approximately 12 percent of the country’s total...
The Association of Ghana Industries (AGI) has expressed strong support for including nuclear energy in the country’s energy mix, emphasising its potential to strengthen energy security and reduce the cost of power – particularly for businesses and industries.
This endorsement was made against a backdrop of the country’s ongoing search...
The economy’s performance in second-quarter of this year, especially, has led to discussions about a potential interest rate cut by the Bank of Ghana (BoG).
Data from the Ghana Statistical Service (GSS) indicate that the economy expanded by 5.8 percent in first half-2024, exceeding the year’s initial 1.5 percent growth...
Political will and commitment at the highest levels of government have emerged as critical factors determining the success or failure of West African nations in combatting money laundering and terrorist financing.
Experiences of countries like Ghana and Nigeria have underscored the pivotal role of political leadership in driving effective implementation...
The General Agricultural Workers Union (GAWU) of TUC-Ghana has CSOs across the country in condemning wanton acts of destruction by illegal mining - calling them a looming danger, particularly for the country’s food security agenda.
A press statement signed by the union’s General Secretary, Andrews Addoquaye Tagoe, and copied to...
The issue of premix fuel subsidy has reared its head again, with a recent study by the Environment and Natural Resource Research Initiative (ENRRI – EfD Ghana) revealing that 91 percent of fishers in the country support removing the long-standing premix fuel subsidy.
This is despite the policy's original intent...
Challenges remain in the country’s fruit sector that hinder fresh fruit export to the international market in volume, something the country should have a comparative advantage in due to its favaourable climatic conditions.
This was noted by the Acting Missions Director of the US Agency for International Development (USAID) Ghana,...