Business News of Friday, 20 December 2024 Source: www.ghanaweb.com   Mohammed Amin Adam is the Minister of Finance The Minister of Finance, Dr. Mohammed Amin Adam, was absent in Parliament on December 20, 2024, when he was expected to present a mini-budget covering the first part of 2025, as a new government takes over. The absence of the minister meant that there ...

Business News of Tuesday, 17 December 2024 Source: www.ghanaweb.com play videoJohn Dramani Mahama, President-elect A cross section of Ghanaians has ranked the E-Levy and betting tax as the top issues they expect President-elect John Mahama to tackle once he is sworn in as President on January 7, 2024. According to them, these taxes have become major causes of the economic problems ...

Business News of Friday, 6 December 2024 Disclaimer Source: bloomberg.com The World Bank Group The World Bank’s top economist called on private lenders to shoulder some of the cost of debt forgiveness for the poorest countries, as record high repayments drain budgets that should be focused on health, education and infrastructure. Interest payments alone by the lowest-income nations ballooned to a ...

Business News of Friday, 6 December 2024 Disclaimer Source: starrfm.com.gh Dr. Abudu Abdul-Ganiyu, Technical Advisor to the Ministry of Finance The Technical Advisor to the Ministry of Finance, Dr. Abudu Abdul-Ganiyu, has assured Ghanaians that the Akufo-Addo-Bawumia government will hand over a healthy, strong, and robust economy by January 2025. Speaking on Morning Starr with Naa Dedei Tettey, Dr. Abdul-Ganiyu emphasised ...

Business News of Thursday, 28 November 2024 Source: www.ghanaweb.com According to the contractors, the government owes them over GH¢3 billion in arrears The Cocoa Road Contractors have called on the government, the Ministry of Agriculture, and the Ghana Cocoa Board (COCOBOD) to urgently settle their outstanding debts, threatening to demonstrate on December 7, 2024, the day general elections will be held ...

A photo of the EV bus Vice President, Dr. Mahamudu Bawumia, on Wednesday, November 27, 2024, inaugurated Ghana’s first fleet of electric buses (EVs). The introduction of the EV buses stems from Dr. Bawumia’s vision to adopt electric vehicles as a cost-saving measure for the transportation sector. It is also aimed at modernising the country’s public transportation system, therefore, the ...

Business News of Monday, 25 November 2024 Source: www.ghanaweb.co File photo of toothpick   Ghana is known to be an import-dependent country due to its heavy reliance on foreign goods. According to statistics, Ghana imported items totaling about US$13.7 billion in 2023. This can be attributed to Ghanaians’ preference for foreign items instead of locally produced ones. Some imported items include ...

Business News of Tuesday, 26 November 2024 Source: www.ghanaweb.com Sunon Asogli power plant Sunon Asogli Power (Ghana) Limited has reopened its 560MW power plant after Energy Minister Herbert Krapa and Finance Minister, Dr. Mohammed Amin Adam intervened. The ministers helped to ease the company’s financial difficulties by releasing emergency funds. The Electricity Company of Ghana (ECG) failed to make past-due payments, which resulted ...

Business News of Friday, 22 November 2024 Source: www.ghanaweb.com The newly completed 97-kilometre standard gauge railway line connects seven stations President Nana Addo Dankwa Akufo-Addo is expected to today, Friday, November 22, 2024, inaugurate the Tema-Mpakadan Standard Gauge Railway Line and two Diesel Multiple Unit (DMU) trains at the Tema Railhead opposite the Golden Jubilee Terminal. The newly completed 97-kilometre standard gauge railway ...

Business News of Tuesday, 26 November 2024 Source: www.ghanaweb.com Ernest Addison, BoG Governor The Director of Research at the Institute of Economic Affairs, John Kwakye, has questioned the Bank of Ghana’s intervention to stabilise the cedi a few weeks before the December 2024 elections. He questioned the bank’s decision to act just days before the 2024 general election. The Bank of ...