Ghana Business News The first place for your business news
On 1 January 2021, Africa officially started trading under the African Continental Free Trade Area (AfCFTA) Agreement. As of February, 54 of the 55 African Union Member States have signed on. Thirty-six countries (including 19 African least developed countries, or LDCs) have deposited their instruments of ratification, confirming them as …
Read More »Ghana pays far more for Saglemi housing project above initial estimates
When on October 31, 2012, the Ghana Parliament on it’s last meeting day before it adjourned approved the deal for the Saglemi Housing Project initiated by the then government in response to the country’s huge housing deficit, then estimated to be more than 1.7 million, the cost of the units …
Read More »A COVID-19 recovery contribution
The economic costs of the pandemic have fallen most heavily on those least able to bear them. Governments have taken steps to support people and firms through wage subsidies, unemployment benefits, and other fiscal measures. But more investment in health care, education, and other basic public services will still be needed, and …
Read More »Achimota School versus the Rastafari students: A ‘Dread-locked’ perspective
Introduction Achee – mo-ta! Achee – mo-ta! Achee – mo-ta! (loosely translated as “We do not mention people”) The land on which Achimota School stands was once a place of refuge for all who sought it. The school also performed this function when it was constructed on the site, offering …
Read More »Minister of Finance could be in breach of PRMA on reporting how oil revenue is expended
The government has set aside to spend some $421.89 million this year as the Annual Budget Funding Amount (ABFA), which is 70 per cent of the Benchmark Revenue of $602.70 million of the projected $886 million petroleum revenue for 2021. Oil producing countries have fallen short of projected revenues from …
Read More »Chinese Ambassador speaks on Ghana-China relations
Ghana and China established diplomatic relations since 1960 with both countries providing diplomatic and material supports to one another. Since the 2000s, the volume of Chinese trade and investment in Ghana has increased with many high level official visits from both countries. The Ghana News Agency brings you some perspectives …
Read More »State of the Nation Address 2021: Full text
Mr. Speaker, It is always good to be back in Parliament, and to discharge the duty, in accordance with Article 67 of the Constitution, of delivering to the House a Message on the State of the Nation. I am particularly delighted as this Message is the first of my 2nd …
Read More »Tragedy of Manso: producing gold, living in abject poverty
Ghana is one of the top 10 producers of gold in the world. But Illegal mining, “galamsey” activities go on across the length and breadth of the country, including the Ashanti Region, leaving in their trail destruction, pollution and a bleak future for host communities. The Manso enclave is one …
Read More »He was Minister when Ghana rosewood was logged and exported to China, now appointed Ambassador to that country
When the Akufo-Addo government took office on January 7, 2017, Kwaku Asomah-Cheremeh, a lawyer, was appointed the Brong Ahafo Regional Minister. After serving for one and a half years, he was reappointed to the Ministry of Lands and Natural Resources following a reshuffle, till the end of 2020. He has …
Read More »COVID-19 has shown us we must talk less and act more decisively in empowering women
This year’s International Women’s Day (IWD) comes at a time when the COVID-19 pandemic has widened the inequality gap between women and men, undoing decades of progress already made towards gender equality. And looking at statistics with the future in mind, the situation could worsen. It is said that women …
Read More »