The increasing calls from a section of the public for government to initiate another lockdown in the country because of the surge in COVID-19 cases might be well-intentioned and designed to curb spread of the virus, but its economic consequences could prove dire.
Firstly, any such move will create a...
The National Petroleum Authority’s CEO, Dr. Mustapha Abdul-Hamid is approaching his new appointment with an amazing intent to see the downstream petroleum sector sanitized.
Dr. Abdul-Hamid is resolute in supervising and ensuring that the right thing is done and the legacies he inherited from his predecessor, is protected.
There are 170...
Deputy Minister for Food and Agriculture (in charge of Crops), Mr. Yaw Addo Frimpong, has called on Thai rice value chain players to come and invest in Ghana.
The deputy minister made the appeal at the Thailand-Ghana Business Conference on Sunday, March 19, 2023, which brought together captains of Thailand...
According to the Bank of Ghana's summary of economic and financial data, there was a marginal increase in gross reserves for April - rising from US$5.1billion in March to US$5.2billion at end of the year’s fourth month.
Therefore, the nation's gross reserves are expected to experience growth following approval and...
Although successive governments have over the years developed and implemented measures aimed at promoting a culture of transparency and accountability, Ghana’s fight against corruption appears to be stagnating.
The country scored zero for the fourth consecutive year in fighting corruption, according to the CPI 2023 data released by Transparency International...
Ghana has not been spared the painful economic and social impact that COVID-19 has visited on peoples in nations, big and small, all over the world. These were in part, the delivery made by the Finance Minister when he delivered government’s mid-year budget review.
He went on to say the...
Even as Nigeria plans to reopen its airports for international flights from August, 29, President Nana Addo Dankwa Akufo-Addo’s recent 15th COVID-19 update to the nation gave the strongest indication that Ghana is also contemplating the same, but will be guided by how the pandemic behaves.
The tentative date for...
Even as the Vice President, Dr. Mahamudu Bawumia has been pushing hard to digitise the economy, the digital divide in Africa, coupled with the fact that many people are excluded from online access through poverty and lack of coverage, makes it quite a daunting task.
Researchers have found that closing...
Dr Ngozi Okonjo-Iweala, a former finance minister of Nigeria has been nominated to as the first African boss of WTO. Congratulations Madam, you have done Africa proud.
Indeed, Dr Okonjo-Iweala is not only the first African to hold that coveted position but is also the first woman to occupy that...
A recent report published by the Bank of Ghana has revealed further details regarding irregularities with microfinance companies and savings and loans institutions, with new information indicating that most of these companies diverted funds into other ventures - thereby leading to their insolvency.
A collaborative effort by the Joint Receivers,...