The Bank of Ghana (BoG) has said it will not honour an invitation by a parliamentary ad hoc committee petitioned to probe the collapse of Unibank Ghana Limited and UT Bank.
President Nana Addo Dankwa Akufo-Addo has launched the Ghana Enterprises Agency (formerly NBSSI), the National Micro, Small and Medium-Scale Enterprises (MSMEs) and Entrepreneurship Policy, and the GEA Grant Support for SMEs, under the Ghana Economic Transformation Project, which is backed by the World Bank.
The Chamber of Petroleum Consumers (COPEC-Ghana) is pushing for a review of the current deregulation policy in the petroleum sector, proposing that the Gulf cooperation model will best serve the interest of Ghanaians.
An association that seeks to empower women in agriculture, the Chamber of Women in Agribusiness Ghana, has launched this year’s edition of the Miss Agriculture Ghana Pageant.
Deputy Minister-designate for Finance, John Ampontuah Kumah has said Ghana can create 10,000 millionaires through youth entrepreneurship in the next 10 years provided government continues to invest in entrepreneurship just as it did in its first term.
The Executive Director of energy think tank Institute for Energy Security (IES), Nana Amoasi VII, says government should empower the Ghana National Petroleum Corporation (GNPC) to take over the exploitation of stranded hydrocarbon resources.
Downed by the coronavirus pandemic, transporters of cargo are now seeing a steady rise in the volume of goods that they cart to landlocked countries which use the nation’s ports.
Human activities such as cutting down forests, improper waste disposal, use of fertilizers, burning of coal and petroleum products and gas (fossil fuels), continue to have a brunt on the environment.
The Progressive People’s Party (PPP), a party founded by businessman Dr. Papa Kwesi Nduom has slammed the Governor of the Bank of Ghana (BoG), Ernest Addison over his recent remarks on the suit filed by an equity fund and securities investment company based in the United States, Birim Group LLC.
Ghana’s merchandise trade balance, which it has maintained over every successive quarter since the last quarter of 2016, has however continued to narrow according to data from the Bank of Ghana and the latest statistics confirm that this trend has continued into the latest reporting period.
Seven years after Ghana’s first ever natural gas processing plant commenced operations, Ghana Gas is planning to construct a second gas processing plant and there is a confident, well placed expectation that it will result in similarly transformational effects as the first one has had on Ghana’s economic fortunes.
Lending rates demanded by commercial banks in Ghana will begin to be cut this week in response to the Bank of Ghana’s announcement, a week ago, of a 100 basis points cut in its key Monetary Policy Rate, bringing it down to 13.5 percent in a move that many had hoped for but few had really expected.
