Aliko Dangote of Nigeria, the richest person in Africa for the seventh year in a row. Buoyed by rising stock markets and commodity prices, Africa's billionaires are collectively wealthier than a year ago. The 23 billionaires that Forbes found in Africa – up from 21 billionaires last year -- are...
Small businesses at the regional and district levels are expected to benefit from a GH₵38m facility to be advanced by the Microfinance and Small Loans Centre (MASLOC) this year. This is aimed at enabling prospective beneficiaries to shore-up their businesses as part of the Centre’s programme of activities for the...
Rising industrial and energy output, along with steady declines in inflation and debt levels, combined to support accelerated growth in Ghana in 2017; and continued fiscal reforms point to a positive outlook for 2018. The economy gained momentum last year, expanding by 7.8% year-on-year (y-o-y) in the first six months,...
The 2017 third quarter GDP figures from the Ghana Statistical Service (GSS) have shown that the country’s agriculture sector grew by 10 percent, a significant improvement from the 3.4 percent recorded in the previous quarter. Prior to this, the last time the agriculture sector recorded growth rates above 10 percent...
Former President, John Agyekum Kufuor, has called on the youth to emulate the shining examples of indigenous entrepreneurs who through perseverance have established successful businesses that currently employ thousands of people. “We needn’t go far as the developed world to see where some youth have shown leadership and broken through...
The Trade Ministry is expected to take its turn tomorrow, at the ongoing five member Special Committee  sitting set up by Parliament to investigate the issues surrounding the recently held Ghana Excellency Business Awards (GEBA). According to the Spokesperson for the Committee, Yaw Buabeng Asamoah the Ministry of Trade and...
President Nana Addo Dankwa Akufo-Addo has named Martin Amidu as the Special Prosecutor at a press conference held at the Flagstaff House today. Mr Amidu who was the former Attorney General during late President Atta Mills’ era becomes the first Special Prosecutor for Ghana, in the country’s quest to fight...
Ghana’s only domestic and regional airline, Africa World Airline (AWA), will from January 16, 2018 start Lagos-Monrovia service via Accra, as it seek to improve connectivity withing the West African sub-region. The airline is offering a promotional fare of starting from US$199 on the Lagos-Monrovia route and passengers can log...
PRH: The Bank of Ghana plays a crucial role in formulating and implementing policy in the banking sector. What are you doing to ensure Ghana’s balanced and sustainable economic growth? Dr. Addison: The core mandate of the Bank of Ghana as the Central Bank is price stability. In broad terms,...
Government missed out on its inflation target for year 2017 by 0.6 percentage points, ending the year with 11.8 percent against a target of 11.2 percent, the Ghana Statistical Service’s (GSS) December release has shown. The figure also represents a 0.1 percentage point rise over the 11.7 percent recorded in...