Monday, July 16, 2018

Ghana’s economy is in serious trouble – Kwesi Pratt

Finance Minister, Seth Terkper presented a mid-year budget review and a supplementary budget to Parliament on Monday. The Minister asked Parliament to approve GHC1.8 billion...

FULL TEXT: 2016 Mid-Year Budget Review

Minister of Finance Seth Emmanuel Terkper on Monday, July 25 was in Parliament to deliver a supplementary budget and a review of the 2016...

Budget Review : Gov’t Asks Parliament To Approve Ghc1.8 Billion

Government has revised the 2016 budget and asked Parliament to approve Ghc1.8 billion to help run programmes and policies for the rest of the...

President Mahama Inaugurates Nine-member Exim Bank Board

President John Mahama has inaugurated a nine-member Board of Directors for the newly established Ghana EXIM Bank. The board is chaired by Professor Richard Bani...

450MW Power Barge Expected Before End Of 2016

State-owned electricity distributor, Electricity Company of Ghana (ECG) and Karpower Ghana Limited have reached advanced stages of negotiations to increase Karpower’s generation capacity to...

14 Banks Sweat Under GH¢3.7bn VRA Debt

The Volta River Authority's (VRA's) indebtedness to banks has risen to US$930 million (GH¢3.7bn) in March, this year, compounding fears that the debt levels...

Ghana’s Debt Rises To 105bn

Ghana’s total public debt stock reached Ȼ105.1 billion at the end of May 2016, representing 66.4 percent of Gross Domestic Product (GDP) as against...

Policy Rate Maintained at 26% by BoG

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has decided to maintain the policy rate at 26% at its 71st meeting. In...

Jubilee Partners Find Solution To Defective Turret On FPSO Kwame Nkrumah

Partners in the Jubilee Field, the country’s first independently developed oilfield, have finally found a lasting solution to the defective turret of the FPSO...

VRA Takes Delivery Of Light Crude Oil To Bring On Stream 450MW from Aboadze

The Volta River Authority (VRA) has taken delivery of 400,000 barrels of light crude oil to power thermal plants in the Aboadze power enclave...

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