Business: Economy & Investments

Energy Crisis Could Disrupt Ghana's Economic Growth

Friday, February 27, 2015 EN-GB X-NONE X-NONE Accra, Feb 27, GNA - Mr Emmanuel Asiedu Mante, the Deputy Governor of the Bank of Ghana, has expressed concern about the negative effects of the current energy crises on the economy and said the crisis must be resolved. He said the situation had the potential of weakening the ...

Government urged to provide solutions to economy

Friday, February 27, 2015 EN-GB X-NONE X-NONE Accra, Feb 27, GNA - A university don has appealed to the government to provide solutions to the country's economic problems by tackling short term economic challenges such as the budget deficit and depreciation of the cedi Prof Kodwo Ewusi, Dean of Graduate Studies, Methodi ...

Chartered Institute of Bankers calls for positive economic growth

Thursday, February 26, 2015 EN-GB X-NONE X-NONE Accra, Feb. 26, GNA - Mr Clifford Duke Mettle, President of the Chartered Institute of Bankers (CIB-Ghana), has expressed sentiments about the poor economic performance recorded by the country over the past years, and its impact on industrial growth and development. He said: ...

IMF explains Ghana's economic challenges after study

Thursday, February 26, 2015 A team from the International Monetary Fund (IMF), led by Joel Toujas-Bernaté, visited Accra during February 19-26, 2015 to discuss the authorities' economic and financial program and possible financial support by the IMF. The mission reached staff-level agreement with the authorities, subject t ...

Structure of the economy to be changed - President Mahama

Thursday, February 26, 2015 EN-GB X-NONE X-NONE Accra, Feb. 26, GNA - President John Dramani Mahama says the structure of the economy shall be changed under a bold initiative to be introduced. To this effect, he has challenged Ghanaians to make a conscious effort of eating what they grew as that would promote the Gross Do ...

50 French businesses to invest in Ghana's economy

Thursday, February 26, 2015 The French ambassador to Ghana Frederic Clavier has revealed that a delegation of 50 investors from France is expected in the country in April. The ambassador in an exclusive interview with Joy News said the business delegation would invest in a number of areas with agriculture being the prime in ...

2015 Outlook for Emerging Market Economies

Wednesday, February 25, 2015 EMEs will face a diverging growth outlook in 2015, while continuing to lead the global growth momentum. Low fuel prices will benefit energy-importing countries thanks to savings to countries and consumers and narrow current account deficits, but it will depress the revenues of commodity-exporting em ...

Foreign companies patronize economic tree products

Wednesday, February 25, 2015 Paga (U/E), Feb 25, GNA - The demand for economic tree products in the Upper East Region is increasing in the country and on the international market and that is attracting some companies to the area. The baobab, shea and dawadawa trees are among such lucrative trees that produce highly nutritiou ...

Ghana needs serious reforms to restore economic growth - Dr Laryea

Wednesday, February 25, 2015 Accra, Feb. 25 GNA - Dr. A.D.A. Laryea, Senior Lecturer at the Economics Department of the University of Ghana, on Tuesday said Ghana needs serious reforms to restore some growth back to the economy. Presenting a paper on 'Exchange Rate Misalignment and Economic Growth in Ghana since 1975' at a ...

Government downplays IEA's damning economic assessment

Monday, February 23, 2015 Government has rejected the Institute of Economic Affairs' damning verdict about Ghana's excessive borrowing which it predicted could collapse a worsening economy. Finance Minister Seth Terkper in a statement issued on Sunday, February 22, 2015 maintained that the IEA's claims contained general ...

Gas field projects in Ghana to delay if oil prices keep dropping

Friday, February 20, 2015 The Ghana Energy Commission has observed completion of indigenous gas field projects would delay if global oil prices keep dropping. The country is expecting indigenous gas from the TEN fields in 2016 and the Sankofa field in 2017. These projects will boost the country s oil and gas production wh ...

The future concern is no longer about energy security but climate change

Tuesday, February 17, 2015 The global movement of campaigners for clean energy is growing at a fast pace. The aim is to increase the pressure on institutions to divest from the top 200 fossil fuel companies that are at the source of the climate crisis. On February 13-14, 2015, the fossil fuel divestment movement came to ...

Eurozone economy picks up speed

Friday, February 13, 2015 Luxembourg, Feb. 13, (dpa/GNA) - The eurozone economy surprised to the upside in the last three months of 2014, posting quarter-on-quarter growth of 0.3 per cent, the European Union's statistical office, Eurostat, said Friday. Analysts had predicted a smaller uptick of 0.2 per cent - the same gro ...
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