The Minister of Fisheries and Aquaculture Development (MoFAD), Mavis Hawa Koomson, is getting tough with trawlers operating in Ghanaian waters, denying license renewal to about 77 percent of the total 76 trawlers that fish in our territorial waters.
It is recalled that in July last year, the ministry issued a...
An assessment of last year’s Planting for Food and Jobs (PFJ) programme (2022) and its impact on smallholder farmers across the country by the Peasant Farmers Association of Ghana (PFAG) has revealed that hikes in fertiliser price drove farmers to purchase inputs from neighbouring Togo.
The findings showed that PFJ...
Minister of Finance, Ken Ofori-Atta, is scheduled to present government’s 2024 Annual Budget Statement and Economic Policy to parliament tomorrow.
Ahead of the presentation, there have been calls for government to significantly reduce its expenditure and widen the tax net.
Director-Institute of Statistical, Social and Economic Research (ISSER), University of Ghana,...
Growing fiscal deficit exacerbated by COVID-19 pandemic
Growing debt levels appears to be choking many African countries, a situation exacerbated by the COVID-19 pandemic.
continent to use monies borrowed from the international community to undertake To this end, the African Development Bank (AfDB) is urging governments across the productive ventures that...
Today, President Nana Addo-Dankwa Akufo-Addo will inaugurate and hand over the secretariat for the African Continental Free Trade Area (AfCFTA) to the African Union Commission.
This is another momentous occasion in the annals of Africa’s economic emancipation, and is indeed a moment to be proud of. Ghana committed to donate...
It shouldn’t be much of a surprise that the information and communication sector has been the fastest growing sector during the pandemic era.
Data from the Ghana Statistical Service (GSS) have shown that the information and communication sector maintained its position as ‘new driver of the economy’, recording an impressive...
The issue of Parliamentarians testing positive for the COVID-19 virus must not be treated with kid gloves. Speaker of Parliament Alban Bagbin made the disclosure last week, and since then it has been an issue on everyone’s lips.
It is not that Parliamentarians are not expected to be infected, but...
The Bank of Ghana’s 2020 Banks & SDIs Fraud Report says the reported value of fraud for 2020 was GH₵1.0billion as compared to GH₵115.51billion recorded in 2019, and the central bank notes that this poses reputational risks to some banks.
It is noteworthy that despite the increasing rate of fraud...
Following the most recent Monetary Policy Committee (MPC) meeting’s conclusion, Bank of Ghana (BoG) Governor Dr. Ernest Addison projected a drop in inflation from 52.8 percent to 29 percent by end of the year.
The prediction was cited as one of the reasons for the 150 bps increase in the...
While the country received an amount of US$776.5million from international donors between 2013 and 2017 to address climate change issues, fears arise that despite the huge amount and efforts required to tackle the growing concerns of climate there is no comprehensive climate change legislation to guide activities.
The United States...