Lead Story

Ghana’s gross international reserves recovered to growth after it suffered some slips during the year 2012. The country’s reserves rose to $5.5 billion at the end of January 2013 having an import cover of 3.1 months, according to the Bank…

The Ghana government today announced it has increased the prices on fuel between 15-20% The new prices take effect Sunday February 17, 2013, according to a statement signed by the Chief Executive of the National Petroleum Authority Alex…

…as a result of fuel subsidies, high salaries After setting a 6.7% budget deficit target for 2012, Ghana overshoots the target almost 100% as the country spent more than the revenue it had. The budget deficit was as a result of increased…

Ghana raised an amount of GH¢11.6 billion from taxes during the year 2012, a 3.7% shortfall of the budgeted target of GH¢12.1 billion, according to provisional estimates compiled and released by the central bank February 13, 2013. A report…

The PBC Limited will pursue needed strategies to improve upon its operational capacities and efficiency to maintain sustained growth, but it is wary of high finance costs that have ragged the company over the years. PBC, the country’s…

Since commercial production began at Ghana's Jubilee field a little over two years ago, a total of 55 million barrels of oil have been produced, according to lead producer at the field, Tullow Oil. In its 2012 Full Year Results published…

A start-up company founded by Ghanaian-born Dr Ashifi Gogo, Sproxil, has beaten top global brands such as Apple and Google in the 2013 Top 50 Most Innovative Companies list published February 11, 2013. The 50-company-list released by US…

Ghana added a total of 4,352,721 new mobile SIM subscribers during the year 2012, latest official figures have shown. The year 2012 started with 21,265,706 SIM subscribers and rose to a record 25,618,427 end of December 2012, adding…

Fourteen Workers of the Agona Swedru branch of the Metro Mass Transit (MMT) have been dismissed for alleged ticket racketeering. Mr Otupiri Darko, Agona Swedru Depot Manager who made this known to the Ghana News Agency in an interview at…

Food prices have been stable globally as the UN food agency says its January 2013 price index remained unchanged. The Food and Agriculture Organisation (FAO) reported February 7, 2013 that the Food Price Index held steady at 210 points in…