Business

Minister of Finance, Dr. Mohammed Amin Adam has slammed the Ranking Member on Parliament’s Finance Committee and Member of Parliament for Bolgatanga Central Constituency in the Upper East Region, Hon. Isaac Adongo for inciting people to go and buy dollars to run their businesses. He said Isaac Adongo’s comment is …

The Executive Board of the International Monetary Fund (IMF) has approved Ghana’s second review of Ghana’s US$3 billion Extended Credit Facility (ECF) Arrangement. Announcing this in a press briefing, the Minister of Finance, Dr. Mohammed Amin Adams said the country is expecting the third tranche of $360 million by Monday, …

The Department of Research and Innovation at the University of Ghana, Legon, has partnered with tomato farmers in Tuobodom, the capital of the Techiman North District in the Bono East region to establish a tomato processing factory in Tuobodom. The state-of-the-art tomato factory, when completed, will go a long way …

Ghanaian-American theologian based in the United States of America, ArchBishop Kofi Adonteng Boateng believes foreign aid can not help develop Ghana. According to him, neither International Monetary Fund (IMF) or America can help Ghana to develop. Speaking to Zionfelix Monitored by Elvisanokyenews.com, the founder of the Divine Word International Ministries indicated …

The Director of Communications of the ruling New Patriotic Party (NPP) Richard Ahiagbah has commended the Economic Management Team for the growth in the country’s Gross Domestic Product (GDP). He said the 4.7 per cent year-on-year recorded in the first quarter 2024 compared to the 3.8 per cent recorded in …

The World Bank has approved a $250 million credit from the Internationa Developmet Association (IDA) and an additional $10 million grant from the Energy Sector Management Assistance Programme to support Energy Sector Recovery Programme for Results (PforR) aimed at  improving the financial viability of electricity distribution and increase access to …

The Ghana Grid Company Limited, (GRIDCo) and the Electricity Company of Ghana, (ECG) have announced interruption in power supply popularly known as ‘dumsor’ for three weeks in the country. The interruption in power supply is as a result of maintenance works being undertaken by a gas supplier in Nigeria and …

Former president John Dramani Mahama has pledged to establish a pension scheme for commercial drivers in his next administration to provide relief to them when they retire. According to the flagbearer of the National Democratic Congress (NDC), it is the duty of the government to ensure that drivers have social …

Chairman for Road Contractors Association, John Afful has said their members are in a terrible situation as a result of government failure to pay them. He said efforts have been made for the government to pay them their arrears but have been unsuccessful. Speaking in an interview with TV3 monitored …

The Federation of Associations of Ghana Exporters (FAGE) has launched the 2024 Ghana Horticulture Expo. The event, which is set to take place from the 9th to the 11th of July 2024 aims to serve as a pathfinder for the three-day expo, showcasing the country’s vibrant horticulture industry to both …