The Vice President, Dr. Mahamudu Bawumia has said that ensuring macroeconomic stability by West African states is key to realising the long-standing dream of achieving a single currency for the Sub-region.
The Deputy Minister for Lands and Natural Resources responsible for Mining, George Mireku Duker has urged mining companies in the country to avail themselves for investment opportunities as the government is ever-ready to assist them secure investment.
The Ministry of Trade and Industry has suspended the construction of new factories for the manufacturing and bagging of portland cement in Ghana, effective September 13, 2023.
The Jospong Group of Companies (JGC) has signed a memorandum of understanding (MoU) with a Nigerian investment holding company, EGTA Investment Limited, to work together exclusively on identifying relevant experts, rice farmers and value chain players through EGTA to support the Jospong Rice project in Ghana – spearheaded by the Asian-African Consortium (AAC).
There is an anonymous quote that says “banks are to the economy what the heart is to the human body. They cycle necessary capital through the whole and they are barely noticed until pressure, necessity, or crises.”
Ghana’s household spending as forecasted by Fitch Solutions, is poised to rise to GHS107.8 billion in 2023, exceeding the pre-pandemic figure of GHS101.9 billion reported in 2019.
President Akufo-Addo on Friday, September 8, 2023, commissioned First Oil from the Jubilee South East (JSE) Project, a project undertaken by Tullow, in collaboration with the Ghana National Petroleum Company (GNPC), Kosmos Energy, Jubilee Oil Holdings Limited, and Petro SA.
The government has announced the successful settlement and conclusion of its alternative offer to Pension Funds bondholders regarding Ghana-denominated notes and bonds.
The Finance Minister, Ken Ofori-Atta has disclosed that the country could receive a billion dollars (US$1bn) before the turn of the year to support the central bank’s balance of payment through IMF second tranche, World Bank Development Policy Operations (DPO) assistance as well as Eurobond investors.
