Economy
The best of current economic news for Ghana, Africa and other parts of the world
Bank Collapse: Only GHS731 million out of GHS10.1 billion loans recovered – BoG
Governor of the Bank of Ghana, Dr Ernest Addison, has revealed that out of the GHS10.1 billion loans taken on...
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BoG calls for dedicated courts for banking crisis cases
Governor of the Bank of Ghana wants the judiciary to allocate special courts to specifically handle cases related to the...
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Gov’t commissions $2.3m-electrification project in Eastern Region
Deputy Minister of Energy in charge of Power, William Owuraku Aidoo, has commissioned a $2.3 million electrification project at New Abirem...
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Dr Bawumia reveals the number of Public sector workers employed so far
Vice President, Dr Mahamadu Bawumia has said the government was on course and will address the unemployment situation in the...
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Courts delay in resolving financial issues affecting banks—Bankers Association
The Ghana Bankers Association is calling on the Judicial Service to expedite the adjudication of financial cases. According to the...
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Google bans Huawei from using Android software, Huawei phones to lose access to some Google apps
Google forces Huawei to use the open-source version of Android after Trump blacklist Alphabet’s Google has suspended business with Huawei that...
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Smuggling of petroleum products reduces
The fight against the smuggling of petroleum products has yielded positive results, as the menace has not been recorded since...
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Fiscal laxity may compel Ghana to rely on IMF – EIU
Fiscal laxity may necessitate reliance on the International Monetary Fund (IMF) in future, a report by the Economist Intelligence Unit (EIU)...
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Ghana’s economy to grow by 6.5% – not 7.6% – in 2019 – EIU
The Economist Intelligence Unit (EIU) has stated that with consumer demand remaining robust during the year, helped by the lower...
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China to build US$20 billion ‘Industrial City’ in Central Region
ONEGO, an Investment Consulting Firm based in China, has begun negotiations with some key stakeholders to establish an ultra-modern industrial...
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