By Kizito CUDJOE
The country's pursuit of achieving a 10 percent renewable energy target by 2030 faces renewed scrutiny, with energy experts warning of potential shortfalls.
Initially conceived in 2003 under the Renewable Energy Development and Management Programme (REDP), the goal has only seen a modest achievement of about 0.8 percent...
By Joshua Worlasi AMLANU [email protected]
In response to a GH¢1.8billion revenue gap caused by the decision to halt the value-added tax (VAT) on electricity, the government has announced plans to implement a tax on the foreign incomes of resident Ghanaians.
The move comes after public backlash led the government to abandon...
MyCredit Score Limited, a Ghanaian company with a mission to promote financial inclusion through responsible borrowing, has been granted Provisional Credit Bureau License by the Bank of Ghana. This approval marks a significant step forward for the company’s mission to empower Ghanaians with access to fair and accurate credit...
By Elizabeth PUNSU, Kintampo
Managers of the Kintampo Water Falls in the Bono East Region are currently seeking potential investors to collaborate on enhancing the site's infrastructure.
The site's manager, Michael Afake Delali, underscored the growth prospects, pointing out the ample land available for constructing chalets, hotels, restaurants and various hospitality...
By Joseph AKOSSEY & Seth KRAMPAH
Good leadership is one of the key success factors of organizations and by extension banks. The success and failure of every organization depends on an effective and efficient leadership.
Around the globe, some banks have folded up and out of business because of bad leadership...
By Joshua Worlasi AMLANU [email protected]
Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme.
Ghana is aiming to...
By Kizito CUDJOE
A regression analysis conducted by the Institute for Energy Security (IES) has revealed a concerning trend of declining of Liquefied Petroleum Gas (LPG) consumption within the country’s downstream petroleum sector. The study, spanning from January 2020 to December 2023, with an extension into April 2024, highlight several...
By Joshua Worlasi AMLANU [email protected]
The Governor of the Bank of Ghana, Dr. Ernest Addison, has expressed expectations for flexibility within the IMF programme to accommodate the evolving dynamics of the local economy.
Speaking at a joint press conference on the second review of the IMF-supported post-COVID-19 Programme for Economic Growth...
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure.
Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets.
“Ghana and Bondholders reached...
The Minister for Finance, Dr. Mohammed Amin Adam, is leading Ghana’s delegation to the IMF/World Bank Spring Meetings taking place in Washington DC.
The delegation, which is made up of officials from the Finance Ministry and the central bank, include Abena Osei Asare, Minister of State at the Finance Ministry;...