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Friday, July 20, 2018

Cedi At Record Low On Emerging Markets Pressure

Ghana’s cedi currency hit a record low on Tuesday, due mainly to global pressures as investors continued to exit emerging market assets, analysts told...

Tullow Told To Pay Seadrill $254m Over Ghana Dispute

A London judge ordered Tullow Oil to pay rig owner Seadrill around $254 million saying Tullow was wrong to end a rig contract in...

10 African Nations Face $1 Trillion Infrastructure Funding Gap

A group of 10 African nations, including some of the continent’s rising economic stars, will fall $1 trillion short of the infrastructure financing required...

NHIS Funding: Adopt General Income Taxation – Economist To Government

Renowned Economist and Lawyer, Dr Kofi Orleans-Lindsay, has recommended to the ruling New Patriotic Party (NPP) government that it adopt the General Income Tax...

Government Bans Tilapia Import

The Ministry of Fisheries and Aquaculture Development has placed a ban on the importation of Tilapia and all ornamental fishes into the country. The ban,...

Government Will Back Entrepreneurship Trend In Ghana – Akufo-Addo

President Akufo Addo has assured young Ghanaian entrepreneurs that his administration will give full backing to the new and developing entrepreneurship trends amongst them...

Oil Prices Rise As OPEC Meets

Oil prices rose more than 1 percent on Friday as OPEC struggled to agree a deal to increase output to compensate for losses in...

Court Adjourns Kelni/GVG Case To July 3

An Accra Human Rights Court has adjourned a case involving Two Ghanaians, and the Ministry of Communications over the Kelni/GVG contract to July 3. Justice...

Parliament Approves $5.3b Tax Concession With Anglo Gold

Parliament has approved a tax concession agreement between the government of Ghana and AngloGold Ashanti Ghana limited for the Obuasi mines redevelopment. Presenting the report...

1D1F, $1m Per Constituency Won’t Reduce Poverty – UN

Ghana’s flagship policies might well stimulate the country’s economy but they would not do much to get rid of poverty, even though that is...