The government’s automotive development policy to revitalise the domestic automotive industry is yielding positive results as more global carmakers have announced plans to set up assembly plants locally, the Managing Director of CFAO Motors Ghana has hinted.
A former CEO of the Ghana Chamber of Mines and the Minerals Commission, Dr. Toni Aubynn, has applauded an initiative by German engineering and steel company Thyssenkrupp Industrial Solutions to allow African miners to lease rather than purchase equipment to help them overcome cash flow problems.
The Sustainable Development Investment Partnership (SDIP), an initiative of the World Economic Forum and the OECD, in partnership with the Government of Ghana through the SDGs Advisory Unit in the Office of the President, and the UN Development Programme (UNDP) held the first Ghana SDGs Country Financing Roadmap Roundtable on September 16th 2020 in Accra.
Global demand for transportation fuel will remain below trailing five-year average levels beyond 2021, barring a speedier resolution to both the COVID-19 pandemic and trade tensions among the largest oil-consuming nations, international rating agency Moody’s has said.
Ghana’s economy would have sunk deeper into recession but for the financial sector reforms implemented by the central bank as well as the fiscal stimulus package announced by government, Courage Martey, an economist with the Databank Group, has said.
Using the recent Beirut port disaster as a wake-up call, the Ghana Ports and Harbours Authority (GPHA) is currently engaging the ministries of Transport and Interior and the Environmental Protection Agency (EPA) to expedite approvals for the clearance of dangerous cargo at the country’s ports.