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IMF says S&P downgrade of Ghana questionable

The International Monetary Fund (IMF), on Tuesday said the downgrade of Ghana’s credit rating was questionable and based on wrong information. Standards and Poor’s, last Friday downgraded the rating from B+ to B, citing a large deficit and…

Oil companies in Ghana can’t flout laws – Ablakwa

Government will ensure that oil companies comply with the laws of the country as well as with business agreements, Mr Okudjeto Ablakwa, a Deputy Minister of Information on at the weekend said. He was speaking at a public forum on the oil…

More talk tax money for youth employment

Cabinet has approved more money from the Communications Service Tax, known as ‘talk tax’ to be allocated to the National Youth Employment Programme (NYEP) for the payment of allowances, the Daily Graphic has reported. According to the…

Ghana loses $1b due to overloading of vehicles

The act of overloading vehicles is a serious problem in Ghana. The act is said to have cost the country more than $1 billion in five years. According to a report in the Daily Graphic issue of Thursday August 26, 2010, the loss to the…

Government outlines priorities for 2011 budget

Government on Wednesday tagged oil management issues, provision of water in deprived communities, elimination of schools under trees and completion of selected projects in roads, mining and energy sector as priorities for the 2011 fiscal…