The Chamber of Petroleum Consumers Ghana (COPEC-Ghana) has warned Ghanaians to brace up for a never-ending cycle of fuel price increases in the days ahead.
African economies are at a pivotal juncture. The COVID-19 pandemic has brought economic activity to a standstill. Africa’s hard-won economic gains of the last two decades, critical in improving living standards, could be reversed.
President Akufo-Addo has announced that over the next 10 years the country will offer investment opportunities to the local and international investment communities to the tune of US$450 billion.
A report by the Ghana Statistical Service (GSS) has indicated that only a quarter of agribusiness firms across the country are aware of the much-talked-about African Continental Free Trade Area (AfCFTA) agreement.
The Economic Community of West African States (ECOWAS) has adopted a new road map to launch its single currency in 2027.
Dr Jean-Claude Kassi Brou, President of the ECOWAS Commission, told a press conference that the new road map was agreed by the heads of state of ECOWAS at the 59th ordinary summit in Accra on Saturday.
“Due to the shock of the pandemic, the heads of state had decided to suspend the implementation of the convergence pact in 2020-2021,†Dr Brou said.
“We have a new road map and a new convergence pact that will cover the period between 2022 and 2026, and 2027 being the launch of the Eco,†he said.
Dr Brou said the heads of state had asked the ministerial committee to look at the new roadmap and the convergence pact, taking into account the lessons from the Covid-19 pandemic.
The Bank of Ghana, BoG has in a notice directed all Banks and Specialised Deposit-Taking Institutions (SDIs) to desist from the imposition of certain unauthorized fees and charges on customers.
The Ghana Enterprises Agency (GEA) will, from next week, start the disbursement of a new round of stimulus package for small and medium enterprises (SMEs).
Ghana, the world’s no. 2 cocoa grower, is headed for its biggest harvest in at least a decade after good weather and government interventions helped boost its output, according to two people familiar with the matter.
The Minister for Energy, Dr Matthew Opoku Prempeh, has sworn in a three-member Interim Management Committee (IMC) to oversee the affairs of the Tema Oil Refinery (TOR) as part of efforts to restructure and revamp the refinery.
