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Mr Agustine Sandow Ambotimah, Coordinator of the Nadowli District Cooperative Farmers, has said absence of a policy to regulate activities of the shea industry is the major hinder to investment in the sector. He said this during a…

Africa has emerged as the number one continent identified for online fraud during the year 2012, according to iovation, a US company that protects online businesses from fraud and abuse. In a report released February 21, 2013, iovation’s…

President John Dramani Mahama has outlined four vital pillars on which he would build Ghana during his first term in office. Mr Mahama began his first term in office as President January 7, 2013 after he was sworn in by the Chief…

The National Communications Authority (NCA) of Ghana has awarded Broadband Wireless Access (BWA) licences in the 2500 – 2690 MHz band to three different companies. Each of the BWA licence which spans a period of ten years was sold at a…

Fitch Ratings on February 18, 2013 advised the Ghana government to put more efforts on fiscal reforms in order to restore confidence in the country’s public finances which in a long run will help curb the rising budget deficit. The…

The ratings agency, Moody's has observed that Ghana's twin current account and fiscal deficits leave the country susceptible to external financial shocks. "Shocks in the form of a sustained currency depreciation or a sudden stop in…

…imports inch up $17.7b; exports $13.5b Ghana’s trade deficit continues to widen as not surprisingly the country imports more than exporting for the past decade. Indeed the year 2012 was no exception. The country’s total merchandise…

An amount of $18.7 billion was remitted through banks in Ghana during 2012, according to the central bank. The private inwards transfer was a growth of 4.9% from 2011. Of the total transfers, the Bank of Ghana says, $1.8 billion accrued…

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…