Economy & Investments

Ebola: Economic Impact Already Serious; Could Be Catastrophic

Thursday, September 18, 2014 A World Bank Group analysis of the Ebola epidemic released Wednesday finds that if the virus continues to surge in the three worst-affected countries Guinea, Liberia, and Sierra Leone its economic impact could grow eight-fold, dealing a potentially catastrophic blow to the already fragile states ...

Local furniture producers welcome gov’t directive

Thursday, September 18, 2014 Local furniture producers have welcomed governments directive to Metropolitan, Municipal and District Assemblies MMDAs to desist from importing foreign furniture for office use.Chairs, tables, desks, beds, among others have become a part of everyday life. There is the need to create more awa ...

Blu telecoms boss confident in Ghana's economy

Wednesday, September 10, 2014 Chief Executive of Blu Telecommunications, Emmanuel Collison has expressed confidence in the Ghanaian economy in spite of recent commentaries that the economy is sinking and becoming less attractive to investors. He said contrary to the several commentaries about how the Ghanaian economy is dipp ...

Ghana to seek fiscal balance, economic reforms at IMF talks - Mahama

Monday, September 08, 2014 Ghana will seek just 1 billion from a Eurobond this year as it heads into talks with the IMF aimed at restoring fiscal balance as part of a larger plan of economic reform, President John Mahama said in an interview on Friday.The country may look for further financing if it can secure an assista ...
Some solar products on display at Kpoly

K-Poly boosts Ghana’s energy security with centre for renewable energy

Thursday, August 21, 2014 The Kumasi Polytechnic is seeking to boost Ghanas energy security with the establishment of the Centre in Renewable Energy and Energy Efficiency.The drive, according to Rector, Prof. Nicholas Nsowah Nuamah, is to help reduce energy poverty in rural and peri-urban areas through the provision of ...

BRONG AHAFO BUSINESS AND INVESTMENT CONFERENCE

Wednesday, August 20, 2014 Brong Ahafo Region is yet to make a significant impact under the Investment Act Act 475 since its implementation 20 years ago in spite of its enormous natural resources. The region is one of the regions with less than one per cent investment projects together with Northern, Upper East and West reg ...

Shortfalls in supply of petroleum products is an economic and security threat

Monday, August 18, 2014 Interest groups in the Ghanas petroleum downstream sector want the current challenges in the supply of products to be treated not only as an economic but a security threat to the country.Governments inability to honour its financial obligations to the Bulk Oil Distribution Companies BDCs and ...

Tsakos Group supports PSC Tema Shipyard

Friday, August 15, 2014 In line with its Corporate Social Responsibility the Tsakos Shipping and Trading S.A. TST Group, has presented a Ballast Pump to the PSC Tema Shipyard. A Ballast pump allows a ship to pump water in and out of very large tanks, an action that compensates for a change in cargo load, shallow draf ...

GHANA’S ECONOMIC CRISIS NEEDS IMMEDIATE ACTION

Friday, August 15, 2014 The Association of Ghana Industries AGI has indicated that the current crisis confronting the Ghanaian economy calls for immediate action by Government to avert further deterioration of the present economic situation. This followed a communiqué issued after a meeting held by the Association in ...

Economic Analysts Advise BoG

Wednesday, August 13, 2014 Kwamena Essilfie Adjaye Ghana Growth and Development Platform GGDP, a group of economic analysts, have appealed to the Central Bank to reverse distortions caused by its recent directives. The platform, in a statement issued in Accra and signed by Kwamena Essilfie Adjaye, its interim c ...
Mr Seth Terkper — Finance Minister0 (L) and Christiane Lagarde — IMF Boss

IMF diagnoses Ghana’s economic challenges, says “pain is unavoidable”

Wednesday, August 13, 2014 Even before the Government of Ghana GoG agrees terms of an assistance package with International Monetary Fund IMF, the institution has diagnosed the fundamental cause of Ghanas economic challenges and is ready to offer a cure.In a meeting in Washington with leaders of top global policy t ...

Gov't rebuts foreign media reports on state of Ghana's economy

Tuesday, August 12, 2014 Government says accounts by the international media on the state of the countrys ailing economy, are factually inaccurate. The government specifically cites French news agencyReuters as well as UK-basedFinancial Times of misrepresenting the facts to create the impression that the economy is t ...

Ghana's fragile economy; Time to invest is now - Yale Professor

Tuesday, August 12, 2014 Global equity investor, Dr. Vikram Mansharamani says though Ghanaseconomy is currently suffering depression, the timing provides the best opportunity for investors to spend. According to the Yale Professor, the state of the economy presents a fine opportunity for the government to implement po ...
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