The Bank of Ghana (BoG) has included the Students Loan Trust Fund (SLTF) in the Credit Reporting System (CRS). This means that details of students who borrow from the trust will be included in the credit reference bureau to keep their credit behaviour profile. The measure is to boost the recovery efforts of the SLTF […]
The Institute for Energy Security (IES) projects that price of fuel on the domestic market at the various pumps are set to dip for the second pricing-window of August 2021. According to the IES, this is due to the various change in prices of the commodities on the international market is expected to affect local […]
The Deputy Minister for Finance has said government’s efforts have resulted in a decline in the country’s unemployment rate. Mr. John Kumah, interacting with host of PM Express Business Edition, George Wiafe on Thursday stated that reports from the World Bank and other reputable international bodies peg Ghana’s unemployment rate at 7.2 per cent. “It […]
Government has announced a new initiative known as “One Million jobs initiative” to aggressively respond to the need of the country, particularly in the areas of job creation and employment. The “One Million jobs initiative” will help to promote growth in SMEs, support new ventures, and stimulate innovation and start-ups. The Minister of Finance, Ken […]
The Minister of Finance, Mr Ken Ofori-Atta, will today lay before Parliament, the 2021 mid-year budget review for its consideration and adoption. The budget review, which is in accordance with Article 179 of the 1992 Constitution and the Public Financial Management Act 921, will give the fiscal authority an opportunity to revise macroeconomic targets and […]
About 14 million people have been identified as eligible taxpayers after a successful integration of the Ghana Card and Tax Identification Numbers (TINs), an exercise which started on April 1, this year. The Commissioner-General of the Ghana Revenue Authority (GRA), Mr Ammishaddai Owusu-Amoah, who made this known, said out of the number, only six million […]
The management of the Bulk Oil Storage and Transportation Company Limited (BOST) has saved $20 million on claims it would have paid to eight Bulk Distribution Companies (BDCs). The Managing Director of BOST, Mr Edwin Alfred Provencal, who disclosed this to the Daily Graphic in an exclusive interview, said the companies had put in a […]
The Bank of Ghana will September this year pilot the digital Cedi, First Deputy Governor, Dr Maxwell Opoku Afare has hinted. This, he said forms part of the BoG’s agenda of creating cash-lite society. In an era of cryptocurrencies, he said the introduction of the digital cedi would also help Ghanaians who want to trade […]
The largest aircraft in the world, “Antonov An-225 Mriya” has landed at the Kotoka International Airport in Accra. Only two of such aircraft were built. The current Antonov An-225 Mriya, which is the only one in operation, according to Aviation Ghana, flew from Leipzig and successfully landed at KIA shortly after 4pm on 7 July 2021. It is […]
A Deputy Governor of the Bank of Ghana (BoG), has challenged all organisations, especially indigenous businesses in all sectors of the Ghanaian economy, and public sector organisations to showcase their efforts over the years to abide by good corporate governance standards. Mrs. Elsie Addo Awadzi, Second Deputy Governor of the BoG says while the importance […]
The lead operator of the Offshore Cape Three Point (OCTP), Eni has announced a significant oil discovery in Ghana with the potential to produce 700 million barrels of oil equivalent (Mboe). The company in a statement said the discovery was made on the Eban exploration prospect in Cape Three Points Block 4, offshore Ghana and production testing […]
The Minister of Finance, Mr Ken Ofori-Atta, has expressed confidence that investment inflows into the economy will increase in the coming days, following Ghana’s successful exit from the global list of countries with deficiencies in their Anti-Money Laundering and Countering the Financing of Terrorism (AML/CFT) regimes. The finance minister said the exit meant that the international community […]
