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Ghana underutilizing 47% of potential labour – report
Nearly half of Ghana’s potential labour force – 47 per cent – is unemployed or underemployed, according to the International Labour Organization’s (ILO) 2016 World Employment and Social Outlook Report.
According to the ILO report,…
High Court erred in Zanetor case – Supreme Court rules
The Supreme Court on Thursday ruled that an Accra High Court erred in law when it went ahead to interpret Article 94 (1) (a) in the case involving Dr Zanetor Agyeman Rawlings and Nii Armah Ashietey the incumbent Member of Parliament for…
We are not proposing the privatization of ECG – US Ambassador
The US Ambassador to Ghana, Robert P. Jackson says the US government through the Millennium Challenge Account (MCA) is not proposing the privatisation of the Electricity Company of Ghana (ECG).
Speaking to journalists today May 18,…
Bank of Ghana validating DKM Microfinance depositors for refund
The Bank of Ghana says repayment of customers of DKM Diamond Microfinance would commence soon after it has finished establishing the true financial position of DKM and the identities, deposits and accrued interests of its depositors.…
Ghana’s fiscal consolidation vital to poverty reduction – World Bank
The World Bank says the success of Ghana’s ongoing fiscal consolidation programme is vital to the continuation of Ghana’s success in poverty reduction.
Ghana halved the poverty rate from 52.7 per cent in 1991 to 21.4 per cent at…
Bank of Ghana stays policy rate at 26%, says economy turning the corner
The Bank of Ghana has opted to stay its policy rate at 26 per cent, after its 70th monetary policy meeting, citing easing inflation, stability of the Cedi and a pick-up in economic activity.
“In assessing the current economic…
Compliance with IMF programme credit positive for Ghana – Moody’s
The credit ratings agency Moody’s broadly meeting the International Monetary Fund’s (IMF) programme targets for 2015, is credit positive for Ghana.
In a report authored by Elisa Parisi-Capone, Moody’s Vice President – Senior Analyst, and…
Cost of corruption: The most affected, the poor, must speak out!
The poor are the most affected everywhere there is corruption.
Even though, Sociologists argue that corruption serves as an enabler for the poor, for instance, they are often not well connected and highly educated and therefore, the only…
Human Rights Initiative urges Mahama to submit Right to Information roadmap
The Commonwealth Human Rights Initiative (CHRI), has called on President John Dramani Mahama to submit a roadmap on speedy passage of the country’s Right to Information (RTI) Bill at the on-going global anti-corruption summit.
The human…
Ghana to start building China funded $1.5b coal plant in 2017
The Volta River Authority (VRA), says construction of the country's $1.5 billion coal power plant would be started in April 2017.
The coal plant would be sited at Ekumfi Aboano in the Ekumfi District of the Central Region.
The three…