Decisions to bridge inflation target gap Anticipates return to target band in 4 to 5 years Cost of borrowing to go up The Monetary Policy Committee (MPC) of the central bank has further raised the policy rate by 100 basis points to 28 percent from 27 percent, in an...
An estimated US$8.3million in monthly revenue is lost through corrupt practices at the country's seaports. This sum amounts to almost US$50million every six months and US$100million each year, according to Vice President Dr. Mahamudu Bawumia. The losses, he said, are due in part to deception by some importers who, with...
Ralph Mupita, the President and CEO of MTN Group - Africa’s telecommunications giant, has called for modernisation and harmonisation of regulatory frameworks to ensure Africa can deliver universal broadband coverage by 2030. He made these remarks at the Africa Prosperity Dialogues’ maiden edition held at Aburi in the Eastern Region. The...
Q: It’s a new year and what should Ghanaians expect from the oil and gas industry with regards to revenue to government, exploration and production? A: Government will continue receiving royalty, taxes and oil liftings as per the provisions of the Petroleum Agreements it has signed with the different companies...
The High Net Worth (HNW) Unit of Stanbic Bank, as part of their Employee Community Initiative, brought smiles to a special place last weekend.  The team refurbished a girls’ dormitory, spent time with the children and presented foodstuff to the Echoing Hills Village, home to orphaned children and a...
Management of Mole National Park has received a new Toyota Land Cruiser vehicle to help boost the growth of local tourism. The gesture by CITES-MIKE programme, with funding from the European Union, aims to protect the population of elephants and other target species at the National Park The CITES-MIKE programme also...
The Electricity Company of Ghana’s debt to Bui Power Authority has hit a whopping US$ 614 million as at the end of 2022, from the previous US$386 million at the end of 2019. This was revealed when officials of Bui Power appeared before the Public Accounts Committee in its consideration...
President of Data Link Institute of Business and Technology (DLIBT), Professor Stanley Moffatt, has urged government to extend support to private universities. He said it was high time the government came to their aid using the Ghana Education Trust Fund (GETFund), state scholarships, research grants as well as subsidies for...
The Public Accounts Committee (PAC) of Parliament has requested the Ministry of Foreign Affairs to provide further details over how government incurred an extra GH¢6.5million cost on the rehabilitation of Adu Lodge Guest House. In March 2007, following approval from the Ministry of Foreign Affairs, Architectural and Engineering Services Ltd. (AESL)...
The second edition of Responsible Business and Leadership Awards (RBLEA) has been launched with nominations open to businesses and individuals across different sectors from finance, technology, healthcare, manufacturing, retail, civil society, among others. The awards ceremony aims to encourage responsible business leadership and honor individuals and institutions for their dedication...

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