Business: Economy & Investments
African Tourism Ministers in a Group Photograph with the Spanish Tourism and Energy Minister

Tourism Minister Advocates For African-european Partnership

Thursday, January 29, 2015 Ghana's Minister of Tourism, Culture and the Creative Arts, Hon Mrs. Elizabeth Ofosu-Adjare has advocated for a closer collaboration between Africa and her European partners to accelerate tourism investment and development. The Minister, who is leading Ghana's delegation at the 35th edition of ...

Government to decouple Economic Planning from Finance Ministry

Thursday, January 29, 2015 The Government is to decouple Economic Planning functions from the Ministry of Finance and Economic Planning, to strengthen development management by more closely linking plans with budgets. The decoupling will ensure that the National Development Planning Commission (NDPC) takes over the economi ...

Ceo Of Vivo Energy Group Cuts Sod For The Expansion Of Airport Shell Service Station And Opens New Service Stations And Shop

Saturday, January 24, 2015 Accra - 23rd January, 2015 - The Chief Executive Officer of Vivo Energy Group, Mr. Christian Chammas has cut the sod for the expansion of the Airport Shell Service Station located in Ghana s high-class urban city enclave in Accra during his two-day visit to the country. The ceremony, which was wi ...

West Africa is on the verge of success..How? Transforming potential into impact

Thursday, January 22, 2015 San Francisco, California 21th January 2015 - We are encouraging the most talented and ambitious entrepreneurs in West Africa to create truly innovative businesses through a program that will take place in January and February 2015 in Accra, Ghana. The goal is to impact West African economies by cre ...

CEOs less optimistic about global economy for 2015

Thursday, January 22, 2015 Fewer Chief Executive Officers (CEOs) than last year think global economic growth will improve over the next 12 months, though confidence in their ability to achieve revenue growth in their own companies remains stable, the PwC's 18th Annual Global CEO Survey has shown. Results of the survey in w ...

Increase in minimum wage, base pay won't affect inflation - Economist

Wednesday, January 21, 2015 Labour economist, Dr. William Baah Boateng is downplaying any negative impact of the recent hikes in the minimum wage and base pay on inflation. There are fears that the recent adjustment which has seen the daily minimum go up by 1 Ghana cedi and 13 percent for the base pay of public sector wo ...

Debt crisis looms, economist warns

Wednesday, January 21, 2015 Rising public debt -- more than 60 percent of GDP -- as well as an unsustainable debt service strategy could push the country into a debt crisis, a situation where it will be unable to settle its debts, Raziel Obeng-Okon, an economist who lectures at GIMPA has warned. The country's total debt s ...

Ghana's Economy Fails To Meet Expected Target

Monday, January 19, 2015 Ghana s economy which was touted in 2011 as one of the fastest growing in the world propelled by the start of commercial production of oil a year before cannot be said to be the same now. The country ended 2014 economically on a sour note as its projected growth of 7.1 percent only ebbed o ...

Economy Fails To Meet Target

Monday, January 19, 2015 Ghana's economy which was touted in 2011 as one of the fastest growing in the world propelled by the start of commercial production of oil a year before cannot be said to be the same now. The country ended 2014 economically on a sour note as its projected growth of 7.1 percent only ebbed o ...

2015 Budget Cannot Diversify Economy—PEF

Thursday, January 15, 2015 The Private Enterprise Federation (PEF) has questioned the capacity of the 2015 Budget to help diversify the economy and promote exports. This is despite government s plan in the 2015 budget to set up an Export-Import (EXIM) Bank to position Ghana as an export led economy. According to PEF ...

New World Bank report projects 4.5% economic growth rate for Ghana

Thursday, January 15, 2015 The country will record a 4.5 percent economic growth rate for this year, according to World Bank's report on economic prospects for countries around the world. The projection by the World Bank is far higher than government's own estimates of 3.9% for this year. If the prediction by the Worl ...

Revenue Intelligence organisation to fight economic crime

Friday, January 09, 2015 The Registrar General Department, has awarded a Certificate of Information, for the operation of a Revenue Intelligence body that seeks to assist government to check acts inimical to revenue generation. The anti revenue and economic fraud organisation would serve as a centre for gathering inform ...

Mahama's economic performance below expectation - Peter Quartey

Wednesday, January 07, 2015 Head of the Economics Department of the University of Ghana, Professor Peter Quartey has rated John Mahama's two-year economic performance as below expectation. Speaking to Joy News, the Economist cited Ghana's low economic growth rate as one of the failures of the government. The government ...
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