Economics

Interior Minister Ambrose Dery, is this police behaviour acceptable to you?

Interior Minister Ambrose Dery

Ghana is a very funny place. Hypocrisy and selfishness have eaten so much into our social fabric that some of us are even ready to assist in our self-destruction!

Currently, a video in the Twi language has gone 'viral' on the Internet, in which a young Ghanaian man is seen warning the Akufo- Addo Government not to carry out its plans to end galamsey.


To read the full piece from , click here.

Ghana and Japan sign two grant agreements

Shirley Ayorkor Botchwey

Accra, April 1, GNA - Ghana and Japan on Friday, signed two grant agreements totally $ 58.4 million, geared towards the improvement of international corridor roads and sector budget support to promote health service delivery.

The signing of the agreements were initialled for Ghana by Madam Shirley Ayorkor Botchwey, Minister for Foreign Affairs and Regional Integration, while that of Japan was by Mr Kaoru Yoshimura, the Ambassador Extraordinary and Plenipotentiary of Japan and Mr Koji Makino, the Chief Representative, Japan International Cooperation Agency (JICA).


To read the full piece from , click here.

Her Royal Highness Princess Anne visits Ghana

Princess Anne

I am very pleased to announce that Her Royal Highness The Princess Royal, Princess Anne, daughter of Her Majesty Queen Elizabeth II, will visit Ghana from this evening as part of a two-country visit to West Africa that also encompasses Sierra Leone.

This visit, The Princess Royal’s third to Ghana, will celebrate the unique friendship between the UK and Ghana as it marks its 60th Anniversary of Independence. It will also reinforce the strength and depth of our bilateral relations.


To read the full piece from , click here.

Ghana to begin clean fuel importation from July 1

Fuel Station

Effective July 1, 2017, petrol and diesel imported into the country will have a maximum sulpur content level of 50 Parts Per Million (ppm), Chief Executive Officer (CEO) of National Petroleum Authority (NPA), Hassan Tampuli, has directed.

According to him, NPA had to revise the initial start date of April 1, 2017, mainly to engage Tema Oil Refinery (TOR) to make sure that the State-owned refinery as a national asset is not put at a disadvantage position.

He announced this at the 4th Annual General Meeting of the Chamber of Bulk Oil Distributors (CBOD).


To read the full piece from , click here.

EU affirms its continuous support to Ghana

Mr Paolo Salvia

The Charge’ d’ Affaires of the European Union in Ghana, Mr Paolo Salvia, has reiterated the commitment of the European Union (EU) to continue its support to Ghana in the area of private sector competitiveness, trade facilitation and fiscal transition.

This, he said, would be done through the regional envelope of the 11th European Development Fund.

Mr Salvia made this remark at the final Steering Committee Meeting of the Trade Related Assistance and Quality Enabling Programme (TRAQUE) in Accra.


To read the full piece from , click here.

Ghana records over $500m trade surplus in February 2017

Ghanaian Port

New figures from the Bank of Ghana have revealed that Ghana’s total balance of trade for February 2017 recorded a surplus of 573 million dollars.

This is equivalent to 1.3 percent of Gross Domestic Product for the period.

The surplus is an improvement compared to the over 500 million dollars deficit recorded in February 2016.

But the country’s revenue from cocoa for the period dropped by ten percent.


To read the full piece from , click here.

Ghana central bank suprises with interest rate cut to 23.5%

Bank of Ghana

High quality global journalism requires investment. Please share this article with others using the link below, do not cut & paste the article. See our T&Cs and Copyright Policy for more detail. Email ftsales.support@ft.com to buy additional rights.
https://www.ft.com/content/35173348-ee6d-3279-b3b7-22322a39242f


To read the full piece from , click here.

Ghana’s unemployment rate hit 11.9 % in 2015 – Report

Employment & Labour Minister, Ignatius Baffour Awuah and the Ag. Government Statistician, Baah Wadieh launching the report

Ghana’s unemployment rate stood at 11.9 percent in 2015.

This is according to the latest Ghana Labour Force Survey Report by the Ghana Statistical Service.

This is about twice the figure recorded in 2012/2013 (5.8%) based on the Statistical services strict definition of unemployment – where “one was not working, actively looking for a job and available for work.”

However, the definition has changed for the 2015 studies, was based on a relaxed definition where “one was available for work and not working within the last seven days before an interview.”


To read the full piece from , click here.

US government committed to transforming Ghana’s power sector - Ambassador

Robert Porter Jackson, US Ambassador to Ghana

Takoradi March 23, GNA - Mr Robert Porter Jackson, United States of America Ambassador to Ghana has stated that the US government was committed to the transformation of the power sector in Ghana.

He said through companies like GE oil and gas, the US government had made huge investments in they had provided 350million dollars towards the self- help electrification project in 200 communities across Ghana.

Mr Jackson said this during the inauguration of a multi-million dollar General Electric (GE) oil and gas service facility at the Takoradi Port in the western region.


To read the full piece from , click here.

President Akufo-Addo assures investors of conducive climate for business in Ghana

Accra, March 21, GNA - President Nana Addo Dankwa Akufo-Addo, has assured investors, both domestic and foreign, that neither his government nor his appointees are in office to compete for business opportunities with the private sector.

He said his administration was setting the ground rules on how government and the private sector should work, reiterating that “the private sector is not going to bring projects only for members of government and their cronies to take over them.


To read the full piece from , click here.