The United Kingdom (UK) government, through its High Commission in Ghana, has carried out a repatriation exercise of its stranded citizens in Ghana amid the Coronavirus (COVID-19) pandemic. The exercise, carried out last Friday at the Kotoka International Airport (KIA) in Accra saw about 700 UK nationals sent home...
Finance Minister Ken Ofori Atta has stated that launching the GH¢600million Coronavirus Alleviation Programme (CAP) Business Support Scheme is the cue to begin an aggressive normalisation of the economy.
According him, the finance ministry is drafting an economic turnaround programme that the president will soon launch. The programme, he noted,...
Government has announced that its indebtedness to the Electricity Company of Ghana (ECG) amounting to some GH¢2.6 billion has been settled, and also revealed a credit balance of GH¢500million. The move is part of efforts to guarantee viability of the power distributor and ensure it has enough funds to...
The government of Ghana has launched three new policy initiatives designed to deepen financial inclusion and accelerate digital payments, in line with government’s vision of building a payment system that accelerates economic development.
The policies are the National Financial Inclusion and Development Strategy; Digital Financial Services Policy; and Cash-Lite Roadmap....
The abandoned uncompleted Maternity and Children’s Block at the Komfo Anokye Teaching Hospital in Kumasi is to be completed at a cost of €155 million, the President Nana Addo Dankwa Akufo-Addo has announced.
The President, announced this when he cut the sod for the completion of the Maternity and Children’s...
…unprecedented crisis could push up to 60million into extreme poverty
The World Bank Group has announced its emergency operations to fight COVID-19 (coronavirus) have reached 100 developing countries – home to 70 percent of the world’s population.
Since March, the Bank Group has rapidly delivered record levels of support in order to help countries...
Gold and silver are selling on a high, lifted by concerns over economic growth, a second wave of virus infections and simmering tensions between the U.S. and China.
Last week, gold headed back toward its peak in April l, when prices hit the highest since 2012. Silver , meanwhile jumped...
Oil prices climbed by more than US$1 a barrel on Monday, with benchmark Brent hitting a one-month high and U.S. crude topping US$30 supported by optimism about the re-opening of economies and output cuts by major producers.
Brent crude LCOc1 was up US$1.21, or 3.7percent, at US$33.71 a barrel yesterday,...
As the COVID-19 pandemic takes a toll on African health systems and their economies, African governments are staking a claim for debt relief or outright cancellation of debts owed to China and the west.
Ghana’s Finance Minister, Ken Ofori-Atta, and the South African Finance Minister, Tito Mboweni, have been leading...
In the span of just six months, Europe’s biggest oil and gas companies raced to commit to net-zero emission targets in response to increased investor and societal demands to start addressing the elephant in the room.
Investors welcomed the steps and the setting of specific targets for carbon emissions reductions...