Ghana's new government could seek extra funding from the International Monetary Fund during its current, three-year programme with the lender in order to cushion the economy, finance minister designate Cassiel Ato Forson said on Thursday.
The Ghana Police Service has successfully restored calm in Ntotroso following a security breach at the Newmont mining site last night, January 8, 2025.
President John Mahama has announced the potential privatization of the Electricity Company of Ghana (ECG) as a strategy to address inefficiencies in the nation’s power distribution system.
The government urgently needs nearly $90 million to avert a looming power crisis caused by insufficient fuel supplies for thermal plants, according to a report by the Ghana Grid Company (GRIDCo).
Immediate-past Minister for Energy, Herbert Krapa, has urged the National Democratic Congress (NDC) government to focus on effectively managing the power sector.
John Jinapor, Member of Parliament for Yapei Kusawgu, has raised concerns over an impending power crisis, commonly known as ‘dumsor,’ due to a severe fuel shortage.
President John Mahama has reassured the investor community that Ghana remains open for business, inviting foreign and local businesses to participate in his government’s vision of a 24-hour economy aimed at revitalizing the country’s economic fortunes.
The Social Security and National Insurance Trust (SSNIT) has announced a 12% increase in monthly pensions for 2025, following consultations with the National Pensions Regulatory Authority (NPRA) and in accordance with Section 80 of the National Pensions Act, 2008 (Act 766).
Parliament Thursday gave the green light to a GH¢68.13 billion Mini-Budget for the first quarter of 2025, presented by Finance Minister Dr Mohammed Amin Adam.
The Ghana Airports Company Limited (GACL) has reaffirmed its commitment to recovering debts owed by companies operating at the Kotoka International Airport, including what it describes as significant arrears owed by McDan Company Limited, as part of its regular debt collection exercise.
