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A UN agency said March 14, 2013 that the world economy lost over $100 billion in 2012 due to the impact of extreme disasters. The UN Office for Disaster Risk Reduction (UNISDR) said for the first time in history the world has experienced…

London-based brewer, SABMiller today March 14, 2013 announced it has launched a cassava beer in Ghana, the second in Africa. The world brewer after launching its first cassava beer in Africa in Mozambique says the Ghana launch "builds on…

Ghana’s travel and tourism sector is valued at $2.102 billion in 2012, the World Economic Forum (WEF) has estimated. The value of the sector is 5.2% of Ghana’s gross domestic product (GDP) for the year 2012, the WEF reported in the 2013…

As Ghana struggles to cut its 2013 fiscal deficit, the Ministry of Finance has warned contractors it will not go ahead with any project that has not been provided for in the 2013 budget. The Chief Economic Officer of the Ministry, Mr.…

The $1.5 billion pre-export finance facility the Ghana Cocoa Marketing Board (COCOBOD) secured in September 2012 is said to be currently the largest non-oil trade financing in sub-Saharan Africa. The facility, which was fully underwritten…

As country receives only $200 million of $3 billion China loan The Ghana government has said it received only $200 million out of the total $3 billion China Development Bank (CDB) loan that it applied for. At a budget review workshop…

The UK Border Agency (UKBA) says about 35,000 Ghanaians applied for UK visas in the year 2012. The West African hub of the agency based in Accra received 50,000 applications from West African nationals (except Nigeria) last year. “The…

The government of Ghana has defended its projected fiscal deficit of 9 percent for 2013. At a workshop with journalists in Accra Friday March 8, 2013, officials of the Ministry of Finance and Economic Planning insisted that the 9%…

Ghana expects to generate revenue of $581.72 million from oil at the Jubilee fields by the end 2013, Finance and Economic Planning Minister Seth Terpker has told Parliament. Presenting the 2013 budget March 5, 2013, Mr terkper told the…

In his maiden Independence Day address, Ghana's President John Dramani Mahama has told citizens to embrace the wind of change that the country is seeking. Ghana today March 6, 2013 marks her 56th Independence anniversary. President…