Home / Lead (page 3)

Lead

Fragile growth, fiscal challenges drive negative outlook for sub-Saharan Africa economies in 2018 – Moody’s

The World Bank projects economic growth in sub-Saharan Africa to continue to rise to 3.2 per cent in 2018 and to 3.5 in 2019, on the back of firming commodity prices and gradually strengthening domestic demand. However, it adds that growth will remain below pre-crisis averages, partly reflecting a struggle …

Read More »

Ghana Revenue Authority targets GH¢39.8b tax revenue in 2018

The Ghana Revenue Authority (GRA) is to collect a tax revenue of GH¢39.8 billion for 2018, representing an anticipated increase of 23.26 per cent over the 2017 collection of GH¢ 32.3 billion. Speaking at a media soiree on Friday, the Commissioner-General GRA Mr Emmanuel Kofi Nti said the target was achievable …

Read More »

Ghana government signs petroleum agreement with ExxonMobil

The Government of Ghana has signed a petroleum agreement with ExxonMobil, for exploration and production rights for the Deepwater Cape Three Point (DWTP) block. The agreement, which is however, subject to Parliamentary ratification, was initialed for Ghana by Mr Boakye Agyarko, Minister of Energy and Dr Kofi Koduah Sarpong, the …

Read More »

AfDB projects Ghana economic growth at 8.5% in 2018

A number of projections of economic growth for Ghana in 2018 have all suggested growth above 8 per cent following a 3.5 per cent growth in 2016, which was also the lowest in about two decades. The African Development Bank (AfDB) in its African Economic Outlook 2018 released Wednesday January …

Read More »

Akufo-Addo justifies large size of government 

President Nana Addo Dankwa Akufo-Addo, on Wednesday said the 2017 performance of the economy has vindicated the decision taken to appoint 110 Ministers and Deputy Ministers of State.      “It is this competence coupled with integrity in the conduct of public transactions, ensuring value-for-money, protecting the public purse, that are …

Read More »

African airlines expected to lose $100m in 2018

The International Air Transport Association (IATA) has predicted that African Airlines will lose about $100 million in 2018 based on a collective net loss of $100 million in 2017. The IATA statement copied to the Ghana News Agency in Accra, on Tuesday, said stronger forecast economic growth in the region …

Read More »

Akufo-Addo accused of making himself lawyer and judge for appointees accused of abuse of office

The President, Nana Akufo-Addo has been accused of making himself lawyer and judge whenever his appointees are accused of abuse of office and offensive conduct.   When accusations of corruption started mounting against the government’s appointees within one year of its coming into office – particularly in the matter of …

Read More »

One year of Akufo-Addo government: No signal of positive change in governance  – CDD-Ghana

The CDD-Ghana has stated categorically that in the one year of the Nana Akufo-Addo New Patriotic Party (NPP) government, there hasn’t been enough signaling or positive change in the way that the country is governed. The Akufo-Addo NPP government is one year old. But the government that prides itself in …

Read More »

I don’t expect Amidu to witch-hunt – Dr Bossman Asare

Dr Bossman Eric Asare,  Head of Department for Political Science of the University of Ghana, Legon says he expects Special Prosecutor nominee Mr Martin Amidu to work within the law of the office. He said he did not expect Mr Martin Amidu to embark on witch-hunting as most people fear …

Read More »

My Ministry cannot be accused of indiscretion – Allan

Mr Allan Kyeremanten, the Minister of Trade and Industry, on Friday, stood his grounds that the Ministry cannot be accused of official indiscretion for accepting voluntary contributions and sponsorship to organise an event for which receipts were issued.  Mr Kyeremanten told the Ameyaw Cheremeh Committee probing the allegation of “cash for …

Read More »