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Ghana’s programme with the International Monetary Fund (IMF) was concluded on March 20, 2019. It brought to fruition a 4-year Extended Credit Facility (ECF) aimed at helping the country reduce its then large fiscal and current account deficits. The programme has been successful in this respect as it has helped to restore macroeconomic stability. Though important vulnerabilities remain which underline...

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Ghana-IMF Relations: Time for regular health checks of the economy

Ghana’s programme with the International Monetary Fund (IMF) was concluded on March 20, 2019. It brought to fruition a 4-year Extended Credit Facility (ECF)...

Interest on loans for 2018 stood at GHC21.1bn – Finance Minister

The Finance Minister, Ken Ofori Atta has disclosed that Ghana is spending close to 55 per cent of tax revenue to service interests on...

Road contractors causing telcos millions through fibre cuts – MTN

Lack of best practices among road contractors across the country continue to obstruct operations of telecommunication companies in the country, Corporate services executive of...

Manufacturing companies petition gov’t over unfair trade practices

Three manufacturing Companies have petitioned the Ghana International Trade Commission (GITC) of the Ministry of Trade and Industry to address issues of unfair trade...

Tullow has awarded over $10bn in contracts to indigenous companies –...

The Managing Director of Tullow Ghana has disclosed that the company has awarded contracts totalling $10.6 billion to indigenous companies and joint ventures in...

IMF issues new trade warning amid ‘unfavorable’ Trump tweets

Managing Director of the International Monetary Fund (IMF) Christine Lagarde has issued a fresh warning about global trade tensions and the threat they pose...

ESLA PLC accrues GH¢5.9 billion in assets

The total assets accruing to the Energy Sector Levy Act (ESLA PLC) increased by 2.5% for the first quarter of 2019 compared to the...

Renegotiate agreement with AGM/Aker for oil exploration, parliament directs Energy Minister

Parliament last Friday directed the Minister of Energy, Mr John-Peter Amewu, to renegotiate the government’s amended agreement with AGM/Aker Energy for oil exploration in...

BoG to begin circulation of upgraded cedi notes today

The Bank of Ghana (BoG) will today begin the circulation of its enhanced GHc10, GHc20 and GHc50 notes. According to the Bank of Ghana, both...

J.A. Kufuor named on MTN’s International Advisory Board

Former President John Agyekum Kufuor has been named on MTN’s International Advisory Board (IAB) alongside former South African President Thabo Mbeki. A statement issued by...