Category: Top Stories
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DDEP: Economist urges government to strengthen industrialization policies
Economist and currency analyst at GCB Capital Limited Courage Boti is urging government to strengthen its industrialization policies as it moves to negotiate with China for debt forgiveness. He demystifies perceptions that China may seize the opportunity to take over the local industries if the negotiations are successful. However, Finance Minister, Ken Ofori-Atta, has disclosed…
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Stakeholders in the maritime sector urged to sustain competiveness for youth
Stakeholders within the maritime space are being urged to sustain the competiveness of the sector to ensure that the teeming youth on the African Continent find ready jobs in the industry. This according to the Registrar of the Regional Maritime University (RMU), Dr. Baboucarr Njie is part of efforts to accelerate the growth of the…
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Gold Fields production drops by 4% in 2022
Production for Goldfields Ghana dropped by four percent to 838,000 ounces (koz) in 2022 from 871, 000 (koz) in 2021, mainly driven by decreased production at the Damang Mine due to completion of the Damang pit cutback as well as lower production at Asanko. The Company in a press release indicated that all-in costs across…
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IMF deal in danger if China rejects Ghana’s debt relief – German Ambassador
The German Ambassador to Ghana, Daniel Krull, has warned that the $3 billion bailout being sought from the International Monetary Fund is in danger of not being approved if China fails to agree to a debt relief package. Addressing the media, Daniel Krull said China has so far rejected attempts by officials from Ghana to…
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Debt relief: Meet certain conditions before we help – German Ambassador
The German Ambassador to Ghana, Daniel Krull, has assured that his government is willing to assist Ghana talk with external creditors, especially China only if certain conditions are met. President Nana Addo Dankwa Akufo-Addo on Friday, February 3, urged Germany to “encourage” China, an ad hoc member of the Paris Club, to support Ghana’s debt…
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Debt cancellation: Ghana’s engagement with China postponed to March
The Finance Minister, Ken Ofori-Atta, has disclosed that government’s planned high-level meeting with Chinese creditors over Ghana’s debt restructuring has been postponed to late March 2023. According to him, this is due to the upcoming National People’s Congress of China which is scheduled for early March. However, bilateral talks will continue ahead of this important…
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Development partners key contributors to Ghana’s growth agenda – Ofori-Atta to German delegation
The Minister for Finance, Ken Ofori-Atta, yesterday held bilateral talks at the Ministry of Finance with the German Federal Minister for Economic Cooperation and Development (BMZ), Ms. Svenja Schulze. The meeting, which was focused on economic cooperation between Ghana and Germany, also highlighted the key role that Ghana’s development partners play towards growth and development.…
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Canadian High Commission pledges continuous support for women in agribusiness
The Canadian High Commission has assured of finding collective ways to offer continuous support for women in the Agricultural value chain. This, the Acting Canadian High Commissioner to Ghana, Kathleen Flynn-Dapaah believes will strengthen the agricultural front of the country and offer decent livelihood for women in the regions especially in the northern zone of…
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African Union adopts Africa Prosperity Dialogues AfCFTA action plan
Heads of state of the Africa Union (AU) have adopted the Action Compact of the Africa Prosperity Dialogues (APD) in Ghana last January. The APD creates an annual platform for Africa’s private sector to network with public officials on the implementation of the Africa Continental Free Trade Area (AfCFTA), which aims to create a single…
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Mofa calls for PPP to harness agricultural growth
Government is calling for a stronger public private partnership geared towards the growth of the agricultural sector. This government believes will give the local economy a boost . Government maintains that it has taken a cue from the twin crises of the COVID pandemic and the invasion of Ukraine by Russia to work to ensure…