Category: Top Stories
-
Re-register your SIMs with Ghana Card or risk losing your phone numbers – Bawumia
Vice President, Dr. Mahamudu Bawumia says plans are underway to ensure that all Ghanaians with SIM cards re-register them using the National Identification card by the middle of this year. According to him, the move is part of plans to rid the country’s cyberspace of fraud, monitor and track down persons who use their phones…
-
Collaborative support needed to reset Ghana’s post COVID-19 economy – First Deputy Governor
The First Deputy Governor of the Bank of Ghana, Dr. Maxwell Opoku-Afari has stated that resetting Ghana’s economy back to resilience would be a gradual process over the next two or three years. According to him, this would require the collective and collaborative support, of both the private and public sectors. Outlining some short-term strategies…
-
Restoration of economic stability still on course – Dr. Bawumia
Vice President Dr. Mahamudu Bawumia has stated that the Akufo-Addo government is largely succeeding in restoring macroeconomic stability through digitisation. According to him, the government’s digitization agenda in areas such as land administration and integration of the nation’s database, plus the revision of interest rates are some of the interventions adopted to recover the economy.…
-
Economists back calls by IMF for reduction in Ghana’s rising debt
Some economists in have backed calls by the International Monetary Fund (IMF) for Ghana to take immediate steps to reduce the country’s debt and debt servicing burden. The International Monetary Fund Staff Mission to Ghana, in its concluding statement following a visit to the country from April 28 to May 12, 2021, for the 2021…
-
Air traffic in Ghana is beginning to pick up – Yofi Grant
Air traffic in the post COVID-19 era in Ghana has started picking up gradually. That’s according to the Chief Executive Officer (CEO) of the Ghana Investment Promotion Centre, Yofi Grant. The volume of air traffic and its attendant effects on foreign direct investments and international commercial activity is expected to boost the Ghanaian economy. This…
-
EBID grants 50-million-dollar facility to CBG to finance road projects
The ECOWAS Bank for Investment and Development (EBID), has granted a 50 million USD facility to the Consolidated Bank Ghana Limited (CBG) to support Ghana’s road infrastructure development. The President and Chairman of the Board of Directors of EBID, Dr. George Agyekum Donkor, and the Managing Director of CBG, Mr. Daniel Wilson Addo, signed the…
-
Consider lifting ban on construction of new LPG stations – LPG Marketers
The Liquefied Petroleum Gas (LPG) Marketing Companies Association says it may lose GH¢60million worth of investment made into building some 100 LPG retail outlets which remain incomplete. The government, after the Atomic Gas explosion in 2017, placed a ban on new LPG retail points to allow for proper assessment of all LPG outlets nationwide. Although…
-
IMF Staff Mission reiterates calls for measures to reduce Ghana’s debt
The International Monetary Fund (IMF) Staff Mission to Ghana, has charged government to without delay implement the needed measures that will lead to a reduction in government’s overall debt as well as its debt servicing burden. The remarks were contained in a statement by staff of the IMF at the end of an official visit…
-
Current ‘dumsor’ not caused by financial challenges – NAPO insists
The Minister of Energy, Dr. Matthew Opoku Prempeh, has rejected claims that the recent power outages popularly referred to as ‘dumsor’ are a result of financial difficulties. The Minister insists that such claims are borne out of wishful thinking by critics of the Akufo-Addo administration. Dr. Opoku Prempeh said this at the Minister’s press briefing…
-
Private road transport operators to increase fares by 20% from Monday
Effective Monday, May 17, 20021, public transport fares will be increased by 20 percent. This was announced in a statement by some private transport operators in the country. The decision follows a series of meetings among members of the private transport operators in the country, comprising the Ghana Committed Drivers Association, International Drivers Road Transport…