Prime News Ghana

Today's Ghana Business, Banking and Economic news

Ken Ofori-Atta admits gov't will spend more than projected

Ghana’s budget deficit for 2020 will swell to more than double the legal limit because of the impact of the coronavirus on the economy, undoing years of fiscal discipline that was supposed to mark the end of persistent financial bailouts.

MMDAs ordered to buy locally-assembled vehicles

In a bid to further the implementation of the domestic automotive development policy, government and government-related institutions have been ordered to prioritise locally-assembled vehicles as their first option when procuring new vehicles for their operations.

AfCFTA: Vegetable producers demand structured funding to survive

Representatives of over 60 vegetables value chain-associated institutions and networks have called for the establishment of a dedicated funding arrangement to help horticultural businesses meet both domestic and continental vegetable demand, especially for those vegetables that the country has a competitive and comparable advantage in producing.

GH¢300m expected from local face mask production

Professor Douglas Boateng – a supply chain, logistics and industrialisation expert, has predicted that the local economy could earn as much as GH¢300million from the fast-growing local face mask sector following the outbreak of novel Coronavirus (COVID-19) in Ghana.