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Ghana drops in World Bank ease of doing business ranking
Ghana’s ranking in ease of doing business has reduced slightly from 112th to 114th in the Doing Business Report, a flagship report of the World Bank which assesses business regulations and the ease of doing business in countries.
The…
Sub-Saharan Africa has highest percentage of slum dwellers in urban areas
Sub-Saharan Africa has the highest percentage of urban dwellers who live in a slum – 61.7 per cent, according to the International Organization for Migration’s (IOM's) 2015 World Migration Report.
The percentage is unrivalled by those of…
Companies in Ghana, Tanzania lose 15% of sales value due to power outages – Report
Ghana and Tanzania are two countries in sub-Saharan Africa where businesses are losing 15 per cent of the value of their sales due to power outages, the Africa Progress Report has said.
The report notes that sub-Saharan Africa as a whole…
Ghana requires $1.2b investment yearly to meet power needs – Minister
Ghana seems to be literally groping in the dark, as the country’s power crisis is deepening, despite several announcements and promises by government to resolve the ongoing energy crisis which has come to be known as ‘dumsor’. Recent…
Ghana to address annual 170,000 housing units need through PPP
Ghana has a housing deficit, which is leaving tenants at the mercy of landlords, and the government believes that Public-Private Partnerships (PPPs) could be the way out of the conundrum.
According to the civil society organization, the…
Ghana government says it’s committed to ensuring affordability of PPP projects
The government of Ghana says it is committed to ensuring that Public-Private Partnership (PPP) projects in the country are affordable.
The Director of the Public Investment Division of the Ministry of Finance, Mrs Magdalene Apenteng…
About 60,000 Ghanaians live in Italy legally
There are about 60,000 Ghanaians living in Italy legally, according to an Italy Embassy official.
Mr Lorento Pinelli, Deputy Head of Mission at the Embassy of Italy, said 60,000 Ghanaians currently lived in Itally by regular means,…
Olam Ghana busted for attempting to repackage margarine beyond expiry date
Olam Ghana, the subsidiary of multinational food giant Olam, has been caught by officials of the Customs Division of the Ghana Revenue Authority in Tema while the company was attempting to repackage margarine which 'Expiry Date' had passed.…
Poverty in Ghana still concentrated in the North
According to the World Bank, poverty is still concentrated in the northern parts of the country, especially the Upper West Region and the western part of the Northern Region, despite Ghana’s progress in poverty reduction.
According to…
Poverty in Africa – percentages down but numbers up
The percentage of Africans living in poverty has gone down since 1990 but the numbers have gone up due to population growth, World Bank President Jim Yong Kim said in Accra on Friday, October 16.
Dr Kim who was in Accra to launch a World…