Prime News Ghana

Today's Ghana Business, Banking and Economic news

Haruna Iddrisu alleges gov’t in breach of Transition Act

The leader of the NDC in Parliament, Haruna Iddrisu, has accused the government of breaching the Presidential (Transition) Act 2012 (Act 845) over the inability of Ministries, Departments and Agencies (MDAs) to submit handing-over notes to the legislature.

IPPs express interest in taking over ECG as new concessionaire

A group of Independent Power Producers (IPPs) has expressed interest in taking over the management of the Electricity Company of Ghana (ECG), nearly 15 months after the government terminated the Concession Agreement with Power Distribution Services (PDS) over allegations of fraud.

Commodity exchange considers trading cocoa

As part of the medium-term plan for the trade of commodities in Ghana, the Ghana Commodity Exchange (GCX) is considering listing on its trading floor the light cocoa bean, which is mostly consumed by domestic processors.

Transit-in-AfCFTA: ‘Review port charges to entice Sahelian partners’

Ghana’s strong value proposal as the gateway to the Sahel region must be complemented with a review of its port fees and charges and the elimination of non-tariff barriers to trade to woo more transit trade through the country’s ports, Ziad Hamoui, National President of Borderless Alliance, has advised.

UNESCO warns education funding to decline by 12%

The United Nations Educational, Scientific and Cultural Organisation (UNESCO) has warned that total aid to education is likely to decline by 12 percent by 2022 as a result of the economic consequences of COVID-19.