Business: Economy & Investments

Business Entities Must Contribute To Economic Growth - Nana Nketsia

Wednesday, April 22, 2015 Takoradi, April 22 GNA - Nana Kobina Nketsia, Omanhene of Essikado, in the Sekondi-Takoradi Metropolis, has lauded business entities who inject some of their profit into the nation building to promote economic growth. Launching a new product the 'enhanced savings' for the GN Bank, a Ghanaian ow ...

Energy Crisis Crippling Economy

Monday, April 20, 2015 Vice chancellor of Valley View University Ghana, Professor Daniel Bour says the ongoing energy crisis is crippling the country's economy. According to him, the current energy crisis has seriously affected industrial development and deepened the unemployment problem in Ghana. Prof Bour, ...

Auto Dealers Taste Economic Crisis

Saturday, April 18, 2015 Economic crisis is an undeniable situation in Ghana at moment. Companies and factories have no option besides laying off some of their staff in order to cut down expenses for smooth running and flexible operations. Businesses are growing at a slower rate, some collapsing and others drown ...

Attitude Of Auto Dealers In The Face Economic Crisis

Friday, April 17, 2015 Economic crisis is an undeniable situation in Ghana at moment. Companies and factories have no option besides laying off some of their staff in order to cut down expenses for smooth running and flexible operations. Businesses are growing at a slower rate, some collapsing and others drowning in debt ...

Ghana to benefit more by taking gold royalties in kind

Thursday, April 16, 2015 The local content law for Ghana s mining sector has the intent of ensuring that beyond the accruing taxes, the country is able to integrate the sector into the larger economy. This, in essence, opens greater opportunities for Ghanaians to participate in the extractives sector. But Ghana s fail ...

Islamic Development Bank to Support Ghana’s Economic Agenda

Wednesday, April 15, 2015 The president of the Islamic Development Bank (IDB) Group has urged the government of Ghana to join the Organization of the Islamic Cooperation (OIC) countries for the country to benefit from a number of development assistance being offered by the Group. Dr. Ahmad Mohamed Ali Al Madani made the c ...

Ghana's economy being run like a "Ponzi scheme"- Kofi Amoah

Monday, April 13, 2015 Entrepreneur Dr. Kofi Amoah says government appears to be running a Ponzi scheme with the economy given that it is borrowing to pay loans it has contracted. Expressing his disgust at management of the economy, the CEO of entertainment hub, Citizen Kofi says Finance Minister Seth Terkper is ...

IMF report predicts good times for economy in 2016

Friday, April 10, 2015 A new report by the IMF on Ghana has predicted some exciting times ahead for the economy. According to figures released by the Washington lender, economic growth will pick up next year while inflation is also expected reduce substantially over the next two years. According to the report, ...

New IMF report predicts exciting times for the economy

Thursday, April 9, 2015 A new report by the International Monetary Fund (IMF) on the Ghana is predicting some exciting times ahead for the economy. According to figures released by the Fund, economic growth will pick up next year, while inflation is also expected to reduce substantially over the next two years. Acco ...

Newmont Ghana Urges Cooperation To Help Reach Economically Viable Labour Agreement Under Challenging Business Conditions

Tuesday, April 7, 2015 Accra, 7th April, 2015 - Newmont Ghana is urging cooperation from the Ghana Mineworkers Union (GMWU) to help reach a mutually beneficial, equitable and economically sustainable labour agreement, given the challenging business conditions the company and gold mining industry face. We remain ...

World Bank Chief Economist To Speak At EIF Ghana 2015

Tuesday, April 7, 2015 The maiden edition of the Economic Ideas Festival (EIF) is set to take place from 5 7 August, 2015 in Accra, the capital of Ghana. Economic Ideas Festival is the annual global conference of the Young Professional Economists Network (YPEN) www.ypenetwork.org. The Young Professional Econ ...

Consider non-timber forest products for economic and social development

Monday, April 6, 2015 Pindaa(UE), April 6, GNA - Metropolitan, Municipal and District Assemblies (MMDAs), have been urged to consider the exploitation of Non- Timber Forest Products(NTFPs) for economic and social development. Mr Andrew Y Dokurugu, Ghana Country Manager of TREE AID Ghana, who made the ...

On The Economy: Inflation At 21.8%

Thursday, March 26, 2015 The producer price inflation rate for February, 2015 hit 21.8 percent. Speaking at a news conference in Accra ,Government statistician Dr. Philomina Nyarko explains that, the rate indicate that between February 2014 and February 2015 thus the year on year, the PPI increased by 21.8 percent, rep ...
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