Industry

We Maintain Ghana’s Real Growth Rate Forecast Of 1.9% – 2.9%; Manufacturing To Contract – IC Research

We Maintain Ghana’s Real Growth Rate Forecast Of 1.9% – 2.9%; Manufacturing To Contract – IC Research

IC Research, the research arm of investment bank, IC Securities has maintained its forecast of Ghana’s Gross Domestic Product (GDP) growth for 2023 in the range of 1.9% to 2.9%. It expects sustained momentum in the livestock and crops sub-sector to spur growth within the agriculture sector while ICT, transport & storage, and education will continue to support the services sector growth. On the downside, it pointed out that “we expect aggressive fiscal consolidation in the second-half of 2023 to weigh on the public sector drivers of growth while the price sensitive trades, hospitality and industry sector remain constrained by…
Read More
“Ghana Is A Haven Of Peace, Investments Are Protected” – President Akufo-Addo To Spanish Investors

“Ghana Is A Haven Of Peace, Investments Are Protected” – President Akufo-Addo To Spanish Investors

“As most of you know, Ghana is a haven of peace, security and stability, indeed, the safest country in West Africa, where legitimate investments are protected. We have witnessed, through the ballot box, three (3) peaceful transfers of power from one political party to another in the twenty-eight (28) year period of the 4th Republic.” These were the words of the President of the Republic, Nana Addo Dankwa Akufo-Addo, when he addressed the business community in Spain, as part of the “Focus Africa 2023” Conference in Madrid, Spain. Addressing the business meeting, the President told the gathering that, between 2017 to 2020, his first…
Read More
Commercialising Agric, Industry And Tourism Remains My Vision For Bono East- Minister

Commercialising Agric, Industry And Tourism Remains My Vision For Bono East- Minister

Bono East Regional Minister, Mr Kwasi Adu- Gyan has reiterated his vision of commercialising Agriculture and enhancing trade and industry and boosting tourism. According to him, as Minister of a primarily Agrarian region, with strong prospects in trade and agri-commerce, it is essential to elevate the age-old methods of subsistence farming and adopt contemporary ways of mechanised, commercially viable agriculture. “The  vision  I  bring  to  this office is one of commercializing  agriculture,  improving on  trade  and  industry,  developing human capital  and  harnessing our cultural and  tourism potentials.” He indicated. He disclosed this in an inaugural meeting with MMDCEs, Heads of…
Read More