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Bank of Ghana rate cut is credit positive for banks – Says Moody’s
The rating agency Moody’s says the 150 basis points policy rate cut by the Bank of Ghana last week is credit positive for the country's banks.
Moody’s says in communication with ghanabusinessnews.com that the cut, which exceeded…
Government finding solutions to illegal migration – President
Government is committed to find solutions to illegal migration, to facilitate the safe return and re-integration into the society of Ghanaians caught in the migrant crisis in Europe and elsewhere, President Nana Addo Dankwa Akufo-Addo…
Full text: Charlotte Osei’s response to petitioners
Mrs Charlotte Osei, the Chairperson of the Electoral Commission (EC), has responded to a petition against her by faceless workers of the Commission, forwarded to the President, calling for her impeachment.
In a 17-page document, she…
Allegations against me are bogus – Charlotte Osei
Mrs Charlotte Osei, the Chairperson of the Electoral Commission, has described the allegations against her as bogus.
"My attention has been drawn to a litany of phony allegations made against me by a certain Maxwell Opoku Agyemang in…
Bank of Ghana reduces policy rate to 21% due to lower risk to inflation and growth
The Monetary Policy Committee has reduced the policy rate by 150 basis points to 21 per cent from 22.5 per cent, citing lower risk to inflation and growth.
“The disinflation process is still ongoing and this trend is likely to continue…
Government urged to allow public universities to retain 100% IGF
Professor Ebenezer Oduro Owusu, the Vice-Chancellor of the University of Ghana, has appealed to government to revisit the issue of financial clearance and allow public universities to retain 100 per cent of their Internally Generated…
Ghana to have beneficial ownership register by end of year – Minister
Mr Mohammed Amin Adam, a Deputy Minister of Energy, says Ghana will by the end of 2017, have an open register of contracts in the extractive sector as well as an online data repository.
Speaking on a panel at a session on Open…
Ghana government to publish all oil contracts
The Ghana government says it will publish the full list of all oil contracts that the country has signed by the end of the year, according to a report by the Natural Resources Governance Institute (NRGI) citing the deputy Minister of…
As university sends satellite to space with $500,000 government hands $11.5m to businessman
It is not for nothing that accountability is an important component of governance. Governments around the world, including the Ghana government have signed up to the Open Government Partnership, a system that ensures public accountability.…
International tourist arrivals spike in 2017 – UNWTO
The number of international tourists has gone up, according to the United Nations World Tourism Organisation (UNWTO).
In its latest report, the UNWTO says international tourist arrivals worldwide grew by 6 per cent in January-April of…