The nation’s construction sector is facing a potential storm. The country's cement industry, a vital cog in the infrastructural development machine, is warning of imminent supply disruptions due to a proposed government regulation on cement prices.
This unilateral approach spearheaded by the Trade Ministry raises concerns about stifling competition, disrupting...
Minister for Works and Housing, Kojo Oppong Nkrumah, has said his ministry is committed to the built environment sector and addressing pressing housing and hydrology challenges in the country.
“We recognise that sustainable development in all these areas cannot be achieved in isolation but requires a concerted and coordinated approach across...
The Institute of Economic Affairs (IEA) is initiating moves toward a broad, comprehensive stakeholder review of the Bank of Ghana (BoG) Act with a goal of bolstering the Bank's effectiveness and operational independence.
At the preliminary stakeholder forum in Accra convened by the Institute, several key areas for reform aiming...
The Ministry of Fisheries and Aquaculture Development started implementation of a three-year moratorium on new entrants to the artisanal fisheries sector last year; however, low compliance with the directive appears to be a major challenge.
The three-year moratorium was intended to deter new canoe entries into the sea due to...
The Bank of Ghana (BoG) has in a statement firmly rejected assertions that the country lost US$8billion over the past two years due to Financial Technology companies (FinTechs) and Money Transfer Operators (MTOs) withholding funds.
This was meant to address recent media discussions regarding the involvement of Financial Technology companies...
There is growing concern about the country’s ability to meet its nationally determined contribution (NDCs) to greenhouse gas emissions as required as part of climate change mitigation measures.
The total cost for meeting Ghana’s NDCs between 2020-2030, stands at roughly US$22billion as part of the Paris Agreement.
This fact was highlighted...
News that the Environmental Health Management and Sanitation Units (EHS) of the Ministry of Local Government and Rural Development reports over 626,000 cases of food-poisoning each year doesn’t make pleasant reading.
Particularly when it results in approximately 298,100 hospitalisations annually, and over 90,000 deaths. Government incurs losses exceeding US$70million annually...
Cost of government short-term borrowing is projected to decrease in second half of the year, coinciding with an anticipated decline in inflation. Interest rates tumbled once again across the yield curve, in line with falling inflation.
Treasury bill (T-bill) yields resumed their decline following a 190 basis points (bps) decrease...
Provisional data from the Ghana Statistical Service (GSS) have shown that the economy grew by 4.7 percent year-on-year in the first quarter of 2024, significantly outpacing the 3.8 percent growth recorded for the same period last year.
This performance underscored the resilience and dynamism of key sectors, positioning the nation...
Ghana’s large informal sector, with its limited access to traditional banking services, can best be assisted through the power of financial technology (FinTech).
This has been amply demonstrated by Telecel Ghana’s Director of Mobile Financial Services and Digital Transformation, Philip Amoateng, who shared some insights at the University of Ghana...