Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ofori-Atta to signal path to recovery

Finance Minister Ken Ofori-Atta will tomorrow deliver the 2020 mid-year budget review, which will unveil the government’s most detailed economic response yet to the COVID-19 pandemic.

Ofori Atta must come clean on fiscal numbers - Seth Terkper

A former Finance Minister in the Mahama-led administration, Seth Terkper, is urging Ken Ofori-Atta, the current Minister of Finance, to use the upcoming mid-year budget review to disclose some “hidden” expenditure driving up the country’s budget deficit.

Ghana’s electricity export hits two-decade high

Ghana’s electricity export in 2019 reached the highest level in two decades, with 1,430 Gigawatt hours (GWh), representing 7.9 percent of total electricity generation, exported to neighbouring countries, the Energy Commission’s National Energy Statistics report has revealed.

Covid-19 freezes US$4.7bn worth of oil projects

More than US$4.7bn worth of projects lined up in Ghana’s hydrocarbons sector have been postponed indefinitely after the coronavirus scourge decimated the oil market and dampened investors’ appetite, the Chief Executive Officer of the Petroleum Commission, Egbert Faibille Jnr., has said.