World Bank: Majority Of Ghanaian Banks Strong Enough To Avoid Recapitalisation
In its 8th Ghana Economic Update, the World Bank reported that over half of Ghana’s 23 banks are well-positioned to avoid the need for recapitalization. […]
Business
Gold For Oil Policy Still On Track – BoG
The Bank of Ghana (BoG) has affirmed that the government’s Gold for Oil policy is progressing as planned. This initiative was introduced to address Ghana’s […]
Cocoa Farmers’ Pension Scheme Kicks Off In 3 Districts
The pilot deduction of farmers’ 5% contribution under the Cocoa Farmers’ Pension Scheme (CFPS) has kicked off at Assin Foso, Assin Bereku and New Edubiase […]
Dr. Bawumia Pushes For Extended 8-10 Year Validity Of Driver’s License Renewal
The flagbearer of the governing New Patriotic Party, Dr. Mahamudu Bawumia, has been advocating for significant changes regarding the validity of Ghana’s driver’s licenses and renewal. Currently, […]
Cedi Hits GH¢15.90 To $1, GH¢20.31 To £1 At Major Forex Bureaus As Of August 12
Ghana’s local currency (the cedi) continues to decline in value against major trading currencies, especially the US dollar. As of Monday, August 12, 2024, at […]
High Court Clears Tobinco Of Fake Drugs Import Allegations
The High Court in Accra has cleared Tobinco Pharmaceuticals Limited (TPL) and its Group Chairman, Elder Dr. Samuel Amo Tobbin, of any wrongdoing in the […]
COCOBOD Invests ¢943M In Cocoa Rehabilitation, Confident Of Producing 800k Tons Next Year
The Ghana Cocoa Board (COCOBOD) has invested almost a billion cedis last year to rehabilitate aged cocoa farms and those ravaged by swollen shoot diseases […]
Bawumia Proposes Anchoring Cedi To Gold For Long-Term Stability
Vice President, Dr Mahamudu Bawumia has unveiled plans to stabilize the cedi by anchoring its value to gold, a move aimed at mitigating currency depreciation […]
Ministry Of Finance Announces Measures To Address Debt Crisis And Reduce Borrowing
The Ministry of Finance, following the recent domestic debt restructuring and ongoing negotiations with international creditors, has implemented strategies to stabilise the economy. Deputy Minister […]
PPP Viable To Close Road Financing Gap – Bawumia
Vice President, Dr. Mahamudu Bawumia, says Public-Private Partnerships (PPP) is one of the surest ways to bridge the financing gap in road infrastructure in order […]