Business

IMF reaches Staff-Level Agreement on second review of Ghana’s IMF bailout

Business News of Saturday, 13 April 2024 Source: www.ghanaweb.com The International Monetary Fund (IMF) IMF Mission staff and Ghanaian authorities have reached staff-level agreement on economic policies and reforms to conclude the second review of the three year ECF-supported program. The move means Ghana will now have access to about US$360 million in financing once the review is approved by IMF ...

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Government raises cocoa producer price to almost 60% amidst global market trends

Business News of Saturday, 6 April 2024 Source: thebftonline.com Cocoa is a key export commodity for Ghana The government of Ghana, in collaboration with stakeholders, has announced a significant increase in the producer price of cocoa for the remainder of the 2023/24 crop year, in a move aimed at enhancing the income of cocoa farmers in the country. The decision comes ...

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2024 Elections: NPP flagbearer, GUTA hold fruitful engagement

Business News of Saturday, 6 April 2024 Source: www.ghanaweb.com The meeting, held in Accra was interactive, open and frank   The flagbearer of the NPP, Dr. Mahamudu Bawumia and the Ghana Union of Traders’ Association (GUTA) have held discussions in Accra, on the proposed policies and vision of the NPP flagbearer. The meeting, held in Accra on Friday, April 5, was ...

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Stop escorting your friends to and from KIA, else you’ll be sacked – Henry Quartey warns Immigration officers

General News of Saturday, 6 April 2024 Source: www.ghanaweb.com Henry Quartey is Ghana’s Interior Minister   Interior Minister Henry Quartey has warned immigration officials stationed at the Kotoka International Airport (KIA), against the practice of escorting or receiving friends at the airport. The minister emphasized that any Ghana Immigration Service (GIS) officer found violating this directive would face outright dismissal. During his visit ...

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Ghana ranked 5th best-governed country in Africa – Report

General News of Friday, 5 April 2024 Source: www.ghanaweb.com In a recent assessment by World Economics, a research organization based in the United Kingdom, Ghana has emerged as the 5th best-governed country on the African continent, securing the top position in West Africa. The rankings, which evaluate governance through four key indexes; corruption perception, rule of law, press freedom, and political ...

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There’s a lot of container diversion to Lome – Bawumia

Business News of Friday, 5 April 2024 Source: classfmonline.com   Vice President, Dr Mahamudu Bawumia   A lot of containers are being diverted to Lome because Ghana’s port duties are higher, Vice President Mahamudu Bawumia has complained. At a town hall meeting with the pharmaceutical industry where he promised to enhance the business-friendliness of ports by implementing fixed exchange rates aimed ...

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Paris Club to decide fate of Kumasi Airport – Ashanti Regional Minister

Business News of Friday, 5 April 2024 Source: aviationghana.com Ashanti Regional Minister, Simon Osei-Mensah   Ashanti Regional Minister, Simon Osei-Mensah has disclosed that the planned completion and commissioning of some headline infrastructural projects in the Ashanti Region might be hampered by the ongoing debt restructuring talks between the government of Ghana and its external bilateral creditors. Giving updates about the Komfo Anokye ...

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Government takes delivery of first modern train from Poland

General News of Monday, 1 April 2024     Source: Asaase News   GHAThe trains will be tested on the new 100km Tema to Mpakadan railway line prior to commissioning Government has taken delivery of the first unit of two modern trains procured from Poland for railway transport in the country. The first train for Ghana Railways to operate both regional and long-distance ...

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Ofori-Atta discloses how he felt when Ghanaians were calling for his resignation

Business News of Saturday, 30 March 2024 Source: www.ghanaweb.com Former Minister of Finance, Ken Ofori-Atta Former Minister of Finance, Ken Ofori-Atta, has said that he was not perturbed when scores of Ghanaians were calling for his resignation while in office. He noted that even when the calls for his dismissal had heightened, he was focused on how he could put measures ...

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