Category: Top Stories
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South African Airways resumes operations in Ghana
As air traffic in amid the coronavirus pandemic has started picking up gradually, South Africa Airways (SAA) has re-launched its passenger flight operations from Johannesburg to Accra. This comes 18 months after the national carrier was forced to stop flying commercial in 2020 due to its worsening financial situations amid heightened travel restrictions in the…
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GTA introduces initiatives to boost domestic tourism
The Ministry of Tourism, Arts and Culture through its implementing agency, Ghana Tourism Authority (GTA), has initiated innovative and progressive interventions geared toward sustainable tourism growth and development. Some of the initiatives were also aimed at encouraging Ghanaians to share their experiences of tourist attractions they visited. These initiatives were revealed during the 2021 United…
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Adopt good governance structures to benefit from various interventions – AGI to members
Mr. Seth Twum Akwaboah, the Chief Executive Officer of the Association of Ghana Industry (AGI), has called on members to develop proper governance structures to enable them benefit from the various interventions the Association was offering. He said some members had lost out on many international agency programmes for development and even national programmes because…
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Finance Ministry inaugurates PIAC and PPA Boards
Mr John Kumah, the Deputy Minister of Finance, has urged the newly inaugurated board members of the Public Interest and Accountability Committee (PIAC) to execute their mandate to ensure that citizens benefit from the exploitation of petroleum resources. Mr Kumah said, “your appointment is a call to public service, and I am confident that you…
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Tullow executives pay working visit to Ghana
The Senior Leadership Team (SLT) of Tullow Oil Plc, led by the Chief Executive Officer, Rahul Dhir are paying a working visit to Ghana. The visiting Executives will hold a series of engagements with key Government of Ghana stakeholders, including the Office of the Vice President, Ministry of Energy, the Bank of Ghana, the Ghana…
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BOST to take delivery of pipelines from USA in November
Ghana, through the Bulk Oil Storage and Transportation Company Limited (BOST), will take delivery of some pipelines from the United States of America to increase the Tema-Akosombo pipeline capacity. According to management of the company, the pipelines will arrive by November this year. The Managing Director of BOST, Edwin Provencal, during an interaction with the…
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Ghanaians to use more coins as BoG plans to phase out GH¢1 and GH¢2 notes
The GH¢1 and GH¢2 notes will soon be phased out of the Ghanaian economy. This was made known by the Governor of the Central Bank, Dr, Ernest Addison on Monday, September 27, 2021. Dr. Addison said the two notes which are usually not in good shape will be replaced by their respective coins. “The GH¢1…
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Ghana to present ‘limitless opportunities’ at Dubai 2020 Expo
As part of efforts to boost the inflow of foreign direct investment into the local economy, Ghana will be participating in the Dubai 2020 Expo under the theme “limitless opportunities”. The expo will see many countries of the world exhibiting their trade and economic potentials to the global market within six months starting from October…
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BoG maintains policy rate at 13.5% for third time
The Monetary Policy Committee of the Bank of Ghana (BoG) has maintained the policy rate at 13.5%. The policy rate is the rate at which the Central Bank lends to commercial banks in the country. Addressing a press conference after the 102nd MPC meeting on Monday, September 27, the Governor of the Bank of Ghana…
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Ghana’s debt stock hits GH¢336 billion; debt-to-GDP ratio now 76.4% – BoG
Latest figures released by the Bank of Ghana indicate that in two months, the country’s public debt stock has increased by GH¢3.5 billion. By this, Ghana’s total public debt stock increased from about GH¢332 billion in May 2021 to about GHC336 billion in July 2021. According to the latest Bank of Ghana’s Summary of Macroeconomic…