Economy & Investments
By Cephas Larbi

Reduce Funding To Gov't -economist Tells Bog

Thursday, July 24, 2014 Dr. John Kwakye, Senior Economist of the Institute of Economic Affairs IEA, has cautioned the Bank of Ghana BoG to reduce its financial support to government. That, he said, was necessary to reduce its adverse effects on the countrys economy. Dr. Kwakye, who was speaking in an intervie ...

Document: Senchi Economic Forum Report

Thursday, July 24, 2014 The Senchi report which is expected to restore the countrys economic stability and stimulate growth has finally been released. Vice President Kwesi Amissah-Arthur, who is also head of the Governments Economic Policy Management Team, Wednesday, presented the final report of the Senchi Economic ...

Recover GYEEDA, SUBAH funds to save economy- IEA counsels gov't

Tuesday, July 22, 2014 The Institute of Economic Affairs is predicting that donor partners are not likely to support Ghanas budget due to the financial indiscipline in the country. Grants are likely to experience shortfalls,who wants to give you his money to pay single spine or subsidies,a senior Economist with t ...

East African oil and gas discoveries to kick-start economic transformation

Friday, July 18, 2014 East African oil and gas discoveries are poised to fundamentally transform the economies of the region as the fuel resources usher in new investment in road, rail, power and industrial infrastructure, according to Standard Bank. Uganda, Kenya, South Sudan, Ethiopia, Tanzania and Mozambique have ...

Economy not in crisis; challenges exaggerated- Seth Terkper

Wednesday, July 16, 2014 Government spokespersons on the economy are singing a new chorus of hope and confidence in Ghanas economy which critics claim isin crisis. Led by the Finance Minister Seth Terkper, the government insists the challenges facing the countrys economy have been exaggerated. Addressing the medi ...

Continued cedi depreciation is affecting economic activities- Terkper

Wednesday, July 16, 2014 The Finance Minister Seth Terkper has blamed the loss of foreign exchange as one of the factors contributing to the depreciation of the local currency. According to him, the rapid fall of commodity prices on the world market, especially gold and cocoa impacted negatively on the countrys foreig ...

Ghanaians can fix ailing economy- Dr Tetteh

Monday, July 14, 2014 Dr Lawrence Tetteh, a Ghanaian international evangelist, on Sunday asked the citizenry not to lose faith in the ailing economy, since through collective efforts and sharing of ideas it could be healed. People should not be too eager to criticise the economy when they are in the position to con ...

From gold to ghost towns – salvaging resource rich communities in Ghana

Friday, July 11, 2014 Some extractive industry watchers are skeptical about AngloGold Ashantis return to mine in Obuasi after its announced two year break to restructure operations.The mine has been put under care and maintenance following operational losses recorded in recent times, a situation that has resulted ...

Wampah demands Terkper action to ease economic hardships

Friday, July 11, 2014 Henry Kofi Wampah, Governor of the Bank of Ghana BoG, has called for stronger action from the Ministry of Finance and government to alleviate the countrys economic difficulties. Fiscal consolidation will require a more aggressive stance in the second half of 2014. Government must continue t ...

Ghana EITI to explore impact of mining on local economy – Obuasi under spotlight

Thursday, July 10, 2014 The bumpy deplorable road leading to the gold city of Obuasi in the Ashanti region depicts a worrying state of an area that has played a significant role in Ghanas economic development.For over 100 years, mining at Obuasi has been a major contributor to the countrys foreign exchange earnings - ...

BoG pins economic rescue on $3bn Eurobond, cocoa cash

Thursday, July 10, 2014 The Governor of the Bank of Ghana BoG, Dr Henry Kofi Wampah, says in spite of exchange rate pressures and a decline in major commodity prices, mid-term economic prospects are strong. He said the bank expected inflows of more than 3 billion from the sale of a third Eurobond this year and recei ...

Aligning CSRs of mining firms with medium term plans of assemblies

Wednesday, July 09, 2014 Mining firms support community development through their corporate social responsibility CSR initiatives, whilst expecting the government, through the local assembly, to deliver on socio-economic goods with the collected royalties.But mining firms often bear the brunt of community agitations o ...

First ever international conference on the Green Economy in the Global South

Monday, July 07, 2014 An international conference on Green Economy in the South is holding this week to critically examine different tools and approaches that inform Africas green economy strategies.The conference is taking place at the University of Dodoma, Tanzania, hosted by the Department of Geography and Enviro ...
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