Today's Ghana Business, Banking and Economic news

Minister for Energy and Petroleum, Emmanuel Armah-Kofi Buah has notified government will take a cue from experiences gathered from previous oil fields to get the Tweneboa-Enyenra-Ntomme (TEN) field in a better shape to help Ghana’s transformational agenda.

President John Mahama is expected to inaugurate the FPSO Professor John Evans Atta Mills to commence oil production from the Tweneboa-Enyenra-Ntomme known as the TEIN fields.

Ford has said it will mass-produce a fully autonomous self-driving car without a steering wheel by 2021.

According to the World Bank, Ghana needs to create over 300,000 jobs annually to be in a position to contain the unemployment situation in the country.

German automaker BMW will recall 156,922 cars in China over defects in their child seats, China's top quality watchdog said Tuesday.

The Bank of Ghana (BOG) has expressed discomfort over continued poor handling of the cedi notes – the local currency, something Dr. Johnson Asiama, the Second Deputy Governor, says is a huge bother.

Government has warned that it will terminate the contracts of underperforming road contractors in the Ashanti and Central regions who fail to complete their projects.

Russia's anti-monopoly watchdog said Thursday it has fined industry giant Google 438 million rubles (6.7 million U.S. dollars) for violating competition law.

Deputy Minister of Trade and Industry, Murtala Muhammed Ibrahim has noted that no nation can be prosperous without creating jobs to propel the economy.

Economist and a lecturer at the Ghana Institute of Journalism, Wilson Dzisah has challenged the Trades Union Congress (TUC) to show how the SSSS has impacted on Ghana’s economy in terms of labour productivity before asking for further salary increments.

Vodafone Ghana has sealed a ground-breaking deal with Kwame Nkrumah University of Science and Technology (KNUST). Per the GHS14m agreement spanning half a decade, the telecommunications company will provide an improved high speed internet and Wi-Fi connectivity to all faculties across the University’s campuses in Ghana. 

The annual consumer price inflation dropped to 16.7 percent in July from 18.4 percent in June as the cedi currency stabilised and food prices fell at the start of the harvest season, the statistics office said on Wednesday.

The Trades Union Congress (TUC) has urged government to abandon the International Monetary Fund (IMF) programme, few months to the completion of the programme. According to the union, government can resort to its home-grown policies touted years back, which in their view is a better alternative.

Deputy Minister of Finance Mona Qaurtey is confident Ghana will meet the 2025 target by the African Union Agenda 2063 which states that all members should move in to mechanised farming through the use of modern technology and tools.

No God-fearing person will vote for President John Mahama in the December 7 elections, former Member of Parliament for Nsuta-Kwamang-Beposo in the Ashanti Region, Osei Kwame Prempeh, has stated.