Author: Admin
Delivered last week, the court’s judgment highlighted procedural unfairness in the BoG’s actions and mandated that both parties engage in arbitration to resolve the dispute.
The 149 km-square Kambale Graphite Project licence is held by a hundred per cent-owned Ghanaian subsidiary, Kambale Graphite Limited (KGL).
The HSWU emphasised that finalising the agreement is crucial for alleviating the economic hardships facing health services workers.
Offering the GGC as an alternative asset to the dollar seems to be an admission of failure to deal with the real problems facing the economy, which drives Ghanaians to hold dollars instead of cedis,” the report asserts.
Dr Bawumia, who spearheaded the project, highlighted myCreditScore as a critical tool for addressing long-standing challenges in lending.
The percentage revenue rise is the highest half-year earnings since the inception of oil production in Ghana, reflecting a positive trajectory for the sector.
The Agricultural Development Bank (ADB) PLC has hosted its 15th National Farmers Forum in Accra, with a focus on “Building Climate-Resilient Agriculture for Sustainable Food Security.” The event brought together farmers, policymakers, government officials, agricultural experts, financiers, the 2024 National Best Farmer awardees, and other stakeholders to discuss strategies to address climate challenges affecting food security. In his remarks, ADB’s Managing Director, Alhassan Yakubu-Tali, underscored the importance of this year’s theme. “The theme for this year’s celebration is very appropriate as it highlights the need for the state and citizenry to commit to adopting better agricultural practices that address the…
Ghana’s crude oil production has seen a significant return to positive outcome in the first half of the year, as production surpasses that of the same period last year. There has been a 55.6 percent increase in revenue received for the period as a result of higher production, which recorded over 10 percent increase. According to the semi-annual report of the Public Interest and Accountability Committee (PIAC), the increase is influenced by the coming on stream of the new well known as the Jubilee South East. In financial terms, Ghana received 840.7 million dollars in the first half of the…
Fitch Solutions has emphasized a stronger-than-expected economic recovery in Ghana this year. In its latest Sub-Saharan Africa Update, the UK-based firm said robust growth is ahead following strong quarter 2, 2024 figures. It however warned that post-election austerity would dampen the 2025 growth outlook in Ghana. It earlier projected that Ghana’s economy will expand by 4.4% in 2025, lower than the anticipated 5.5% Gross Domestic Product growth in 2024. Although this represents a deceleration compared to 2024, it will remain above the 3.6% it forecast for Sub-Saharan Africa in 2025. This 4.4% GDP growth, Fitch Solutions, pointed out that it…
The Vice President Dr Mahamudu Bawumia, has launched myCreditScore, a personalised credit reference and scoring system for Ghanaians. Backed by the Central Bank, this Credit Scoring System offers individual Ghanaians the opportunity to demonstrate their creditworthiness transparently, helping them access credit more easily. Through this system, individuals who display good credit behaviour and earn high scores will be rewarded by financial institutions, enabling them to access larger credit amounts and benefit from their financial responsibility. At the launch event in Accra on Thursday, Dr Bawumia described the credit scoring system as a “momentous occasion” and a “step forward in building…