Economy & Investments

The Impact Of Mobile Financial Services On Ghana's Economy. How Relevant?

Friday, December 19, 2014 Mobile Financial Service is a generic name referred to all kinds of mobile money service transactions in Ghana. However, various telecommunication network Providers in Ghana have different names for it. For example MTN calls it MTN Mobile Money, whileAirtel calls it Airtel money, and for Tigo users ...

Mahama Okays Economic Performance

Tuesday, December 16, 2014 President John MahamaMany Ghanaians have expressed dissatisfaction with the current Mahama administration which has failed to improve their lives.Surveys conducted by Fitch, an international rating agency and AfroBarometer, a survey agency, revealed that the Mahama administration has failed to ...

GRA must institute measures to collect gift tax - Economist

Tuesday, December 09, 2014 Economist, Dr. John Gatsi is lauding government for enforcing the ban on the procurement and distribution of hampers by public institutions this Christmas season.Government introduced the ban last Christmas as part of efforts to cut down on public spending to address the countrys financial chal ...

World Bank assures support to stabilise Ghana's economy

Friday, December 05, 2014 World Bank President Jim Yong Kim has assured Ghana that the Bretton Woods institution will advance the necessary financial support to help stabilise Ghanas troubled economy.Mr. Kimgave the assurance at a meeting with PresidentJohn Mahama this week.The meeting was aimed at addressing the ...
Dr. Thomas Jallah

Civil Society demands shift in private sector investment at Lima talks

Thursday, December 04, 2014 Solving the problem of global climate change is impossible without huge shift in private sector investments, since this sector represents trillions of dollars with vast majority of economic activities around the world.This is the view of Civil Society in contributing to a discussion at the ongoi ...

We are working to promote local content in oil and gas industry –Petroleum Commission

Thursday, December 04, 2014 The Petroleum Commission PC said here on Friday night, it was working to build the capacities of Ghanaians to participate in the oil and gas industry. Acting Chief Executive of the Commission, Theophilus N. Ahwireng said here in an exclusive interview with SpyGhana.com during the end of year b ...

Economist Calls For Fiscal Rule

Monday, December 01, 2014 Dr. John KwakyeA senior economist at the Institute of Economic Affairs IEA Dr. John Kwakye has called for the passage of a Fiscal Responsible Law to entrench fiscal discipline in the country.According to him, the law hasbecome necessary due to the countrysbad record of meeting fiscal d ...

West Africa could be next ‘emerging region’, says EU Envoy

Thursday, November 27, 2014 West Africa could be the next emerging region in the world if the bloc improves access to markets, makes conscious effort in addressing the challenges of competitiveness.This is the observation of the European Union Ambassador to ECOWAS and Nigeria, who was speaking at the official launch of the ...

ECOWAS launches 40 million Euro trade integration project

Thursday, November 27, 2014 A 40million economic integration and trade support programme has been launched by the Economic Community of West African States ECOWAS.The programme seeks to accelerate the process of achieving customs union by supporting the ECOWAS Commission improve the Trade Liberalisation Scheme, develop ...

President Mahama: IMF loan useful to bolster economy

Tuesday, November 25, 2014 President John Mahama said a fiscal injection from the International Monetary Fund will be useful to bolster the economy, giving the first indication the government may seek a loan from the lender. Speaking in an interview in New York yesterday, Mahama,said he expects to sign a three-year progr ...

Ghana is HIPC again - ISSER Economist confirms

Monday, November 24, 2014 With a 60.8 per cent debt to GDP ratio Ghana has returned to the Highly Indebted Poor Country HIPC regime, an Economist with the University of Ghana and theInstitute of Statistical Social and Economic Research has said. Prof Peter Quartey said any rate above 60 per cent automatically ...

2015 budget will sink the economy further - Bawumia

Sunday, November 23, 2014 The 2015 budget as presented to Parliament last week by Finance Minister Seth Terkper demonstrates clearly government has no clue how get out of the fiscal mess it plunged the economy. This is the verdict of Dr. Mahamudu Bawumia, 2016 Vice Presidential Candidate of the NPP on the governments fi ...

2015 Budget Would Stabilise Ghana’s Economy

Thursday, November 20, 2014 A deputy Finance Minister, Mona Quartey, has responded to criticisms that the 2015 budget is unrealistic and makes very little provision for growth.In the 2015 Budget presented to Parliament Wednesday, by the Finance Minister Seth Terkper, government is hoping to raise about Gh44 million ...
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