Business: Economy & Investments

Economic Policies Must Meet Societal Needs - Prof Kuenyehia

Friday, February 5, 2016 Accra, Feb. 5, GNA - Economic policies must meet the needs of the citizenry, Professor Akua Kuenyehia, former Judge of the International Court of Justice, Hague, has said. She said government policies should transform the lives of the people in terms of improved health care, better education and ...

New climate innovation center to jump start Ghana's green economy

Thursday, February 4, 2016 The World Bank Group announced Wednesday the upcoming launch of a new Climate Innovation Center (CIC) in Accra to support Ghana rsquo;s green growth strategy. The CIC will be financed through a US$17.2 million grant package recently approved by the World Bank Group. The CIC will support Ghana ...

Africa makes little progress in economic integration - Vice President

Thursday, January 28, 2016 Accra, Jan. 27, GNA - Vice-President Kwesi Bekoe Amissah-Arthur on Wednesday stated that Africa had made little progress over the last 30 years in building structures that would enable it to stimulate economic growth. He said it appears that the continent's focus and concentration were more on di ...
Dr. Wampah, Governor Of Bank Of Ghana

Macroeconomic Stability ‘First Step’ Towards Sustainable Growth --Governor Of The Bank Of Ghana

Wednesday, January 27, 2016 Ghana will make it a priority to address the downward pressure on the cedi, since instilling confidence in the currency will help generate better opportunities for growth, the Governor of the Bank of Ghana (BoG) H A Kofi Wampah told Oxford Business Group (OBG). Speaking ...

IMF: Ghana's economic recovery depends hugely on stable power

Friday, January 22, 2016 Ghana rsquo;s economic recovery will depend heavily on stabilizing the current power crises, says the IMF in its latest staff report. The report released on January 19, 2016 noted that the current economic crises facing Ghana could also improve, when prices of Gold and Crude oil pick up. The s ...

Firms Relocating To Cote d’Ivoire Over Economic Crisis

Thursday, January 21, 2016 The deteriorating business environment in Ghana which has culminated in the ongoing industrial agitations in the country's public and private sectors has compelled many businesses to relocate to neighbouring Cote d 8217;Ivoire and Nigeria. Labour consultant, Mr Austen Gamey is warning of dire co ...

Gov’t Will Struggle To Fix Economy – IMF

Thursday, January 21, 2016 Whereas Ghana's Finance Minister Seth Terkper is quite optimistic about Ghana's economic turnaround, the International Monetary Fund (IMF) which is helping the country out of its current economic mess, is now sounding gloomy about the future. Ghana's economy took a downturn after 2012 and since g ...

Lack of confidence in economy cause of cedi woes – Kwame Pianim

Thursday, January 21, 2016 Economist Kwame Pianim has attributed current challenges facing the Ghana cedi to fears that the current economic challenges may not stabilize very soon. Checks at some commercial banks across the country show the local currency has depreciated by some 3.9 percent from the beginning of this year. ...
Setho

Tewu Wants Gov’t To Invest In Agriculture… To Halt Downward Trend Of Economy

Wednesday, January 20, 2016 Mr. Ralph Apaaya, General Secretary of Teachers and Educational Workers' Union (TEWU) of the Trades Union Congress (TUC), has observed that heavy investment in agriculture would in future reverse any downward trend in the economy. He said it would also lead to export driven economy and w ...
Paa Kwesi Amissah Arthur

Veep Charges ECOWAS To Tackle Economies

Tuesday, January 19, 2016 Vice President Kwesi Amissah-Arthur has called on member states of the West African Monetary Zone to urgently tackle the economic challenges facing their respective countries. He said the fall in international prices of the region's major export commodities, coupled with low portfolio inflows ...

Tewu suggests ways to boost economy

Tuesday, January 19, 2016 Accra, Jan.18, GNA - Mr Ralph Apaaya, General Secretary of Teachers and Educational Workers' Union (TEWU) of the Trades Union Congress (TUC), has observed that heavy investment in agriculture would in future reverse any downward trend in the economy. He said it would also lead to export driven ec ...

Economic Outlook Still Complicated – IMF

Friday, January 15, 2016 Min Zhu, Deputy MD, IMF The Executive Board of the International Monetary Fund (IMF) on Wednesday completed the second review of Ghana's economic performance under the programme supported by an Extended Credit Facility (ECF), a lending arrangement that provides sustained programme engagement ...

IMF Worried Over Ghana’s Economic Outlook But Broadly Satisfied

Thursday, January 14, 2016 The International Monetary Fund (IMF) has announced it is broadly satisfied with the bailout programme with Ghana but said the economic outlook remains difficult with risks tilted to the downside. This was after the Executive Board of IMF completed the second review of Ghana's economic performa ...
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