Government is being urged to prioritise maximising revenue from its natural resources as a key strategy to address the country’s ongoing economic challenges.
The recommendation comes amid concerns over missed revenue targets and economic fragility.
A Senior Research Fellow at the Institute for Fiscal Studies (IFS), Dr. Said Boakye, in a...
Stakeholders and experts at this year’s Ghana Economic Forum (GEF) 2024 emphasised the need for re-engineering the country’s economic model to ensure a robust and resilient economy.
They believe current recovery efforts present a timely opportunity to reshape the economy, making it more sustainable and efficient.
Senior partner at KPMG, Evans...
In redefining the country’s economic model, a well-coordinated financial sector together with a comprehensive national development plan backed by strong political leadership are indispensable elements.
This observation was made by a former Commissioner at the National Planning Development Commission (NDPC) Dr. Eben Armah as part of a high-level panel at...
Vice President Dr. Mahamudu Bawumia recently inaugurated the Royal Ghana Gold Refinery (RGGR), a US$100million state-of-the-art of gold refinery set to reshape the country’s gold industry by adding value to the precious metal.
The refinery is seen as major boost towards economic transformation and industrialisation, and is envisaged to position...
The Electricity Company of Ghana Ltd. (ECG) is guilty of not adhering to the Public Procurement Act (PPA), according to an Auditor-General’s report.
ECG signed 50 contracts worth US$145million to procure 862,750 meters between 2016 and 2021 without adhering to the Public Procurement Act (PPA).
A performance audit on management of...
A PricewaterhouseCoopers (PwC) survey suggests that 43 percent of family businesses and firms in the country do not have succession plans in place, with just about 12 percent of the total making it as a third generation business.
Although succession planning in private and family businesses is a critical process...
The Draft Consumer Protection bill is gathering dust at the Ministry of Trade and Industry (MOTI) building while draft bills from other ministries move through the legislative processes to parliament and are getting attention.
Ghana got its first Consumer Protection Draft Bill in 2006. Four presidents have come and three...
The District Road Improvement Programme (DRIP) launch is a nationwide initiative to improve road conditions in all 275 constituencies by President Nana Akufo-Addo, and is very laudable.
Led by the Ministry of Local Government, Decentralisation and Rural Development, DRIP will address the National Security Ministry’s concerns about poor road conditions...
The Bank of Ghana (BoG) has announced a centralised foreign exchange trading platform, which requires that all persons seeking to buy or sell foreign currencies provide a Ghana Card or passport for foreign nationals and undergo biometric verification.
It is to ensure safe and sound operations of the foreign exchange...
The Peasant Farmers Association of Ghana (PFAG) is faulting the Ministry of Food and Agriculture (MoFA) in the implementation of its flagship agricultural programme's second phase, Planting for Food and Jobs II.
The Association claims its implementation is skewed with several inconsistencies that do not favour farmers. These discrepancies, according...