By Kizito CUDJOE
The ECOWAS Regional Electricity Regulatory Authority (ERERA) is on the brink of a major breakthrough with the proposed regional grid code, aiming to unify the electricity market across West Africa.
This is seen as the key focus for engagement as ERERA’s 23rd Meeting of its Consultative Committees of...
The Supreme Court of Ghana has affirmed that the Bank of Ghana (BoG) acted within its legal rights when it revoked the operating licence of UniCredit Ghana Limited.
The highest court's unanimous decision reverses an earlier judgment by the Court of Appeal, thus upholding the High Court's initial ruling.
The Supreme...
The Group Chairman, United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation, (TEF), Tony Elumelu, participated in the African Union's high-level meetings in Accra, where he emphasised the critical importance of mobilising resources for the Africa Peace Fund.
Speaking at the Africa Peace Fund session, Mr....
The World Bank’s 8th Economic Update for Ghana titled Strengthening Domestic Revenue Systems for Fiscal Sustainability notes that despite recent increases in the pace of exchange rate depreciation and slower-than-expected inflation reduction, Ghana’s economic indicators remain on track for 2024 and beyond.
The report highlights the steady progress Ghana has...
Ghana's premium Oil Marketing Company, GOIL PLC has been crowned Ghana's Oil Marketing Company of the Year at the just-ended maiden edition of the Ghana Downstream Awards and Gala Night held in Accra.
On the same night, GOIL PLC was honored for its outstanding contributions to the petroleum downstream sector...
Finance Minister, Dr. Mohammed Amin Adam has disclosed that the the provisional total central government debt as at the end of June 2024 stood at GH¢742.0 billion (US$50.9 billion), equivalent to 70.6 percent of GDP.
This indicates an increase of 22.0 percent due to the effect of the Cedi depreciation...
Finance Minister, Dr. Mohammed Amin Adam has revealed that government will re-institute the integrated property tax system and intends to develop framework to re-introduce road and bridge tolls.
Presenting the mid-year budget review to Parliament on Tuesday, July 23, he stated that “Government will re-institute the integrated property tax system...
Presenting the mid-year budget review to Parliament on Tuesday, July 23, Finance Minister, Dr Mohammed Amin Adam has said a total of GH¢435m allowance has been paid to nursing and teacher trainees from January to June, 2024.
He stated that “Government continues to honour the payment of Trainee Allowances, a total...
Finance Minister, Dr. Mohammed Amin Adam has announced the revision of macro-fiscal targets for 2024.
He said it is has become necessary to revise the 2024 macroeconomic framework due to the latest economic developments, both domestic and global, including the impact of the debt restructuring.
During his presentation of the Mid-Year...
Dr. Mohammed Amin Adam, the Finance Minister has said government has disbursed GHȼ5.4 billion to support LEAP, School Feeding programme, Capitation Grant and National Health Insurance Scheme since January, 2024 to reduce the burden on the vulnerable in our country.
He added that GHȼ1.5 billion was used to support 1,488,575...