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Power minister reiterates support for tariff increments
Dr Kwabena Donkor Minister of Power has reiterated government’s position to encourage tariff increments to attract investors and stem the under-investment in the generation, transmission and distribution of utility services.
The…
Investment in social protection must target agriculture – FAO
Mr Bukar Tijani, Assistant Director–General, Food and Agriculture Organisation (FAO), has said public investment in social protection must be combined and coordinated towards strengthening the productive sectors of agriculture and rural…
GRIDCo records GH¢41.5m net loss
The Chief Executive of Ghana Grid Company Limited (GRIDCo), Mr William Amuna, has said significant cash flow challenges in 2014 saw the company record a net loss of GH¢41.5 million.
The cash flow challenges arose mainly because of the…
Ghana Trade Minister advocates trade portal for Africa
Dr Ekow Spio-Garbrah, the Minister of Trade and Industry, has advocated the establishment of a trade portal for the African continent.
He said the portal would help in trade facilitation and improvement in bilateral trade relations.…
DFID to spend over £65m of aid to end extreme poverty in Ghana
The United Kingdom Department for International Development (DFID) in Ghana this year is spending around £65 million of aid in the bid to end extreme poverty and to help children succeed with access to education.
Mrs Pamela Jenkins,…
Ghana reduces poverty to 21.4% – World Bank
The World Bank Group says strong economic growth in Ghana within the past two decades has helped cut the poverty rate in half, from 52.6 per cent to 21.4 per cent between 1991 and 2012.
Ghana’s poverty rate in 2012 was less than half the…
Minority accuses government of hiding some debt with SSNIT
The Minority in Parliament has accused the ruling government of not being forthright with the nation’s debt stock, saying that government has managed to hide some of the debt stock through the Social Security and National Insurance Trust…
MASLOC disburses GH¢693,540 to women groups in Northern Region
The Microfinance and Small Loans Centre (MASLOC) on Wednesday began disbursing GH¢693,540 to 25 women groups in the Northern Region, to ensure their economic independence.
Alhaji Mohammed Amin, Zonal Coordinator of the MASLOC, disclosed…
Fitch assigns BB Negative to Ghana’s partially guaranteed $1b Eurobonds
Fitch Ratings has assigned a final BB Negative to Ghana’s recently issued $1 billion partially guaranteed notes.
The notes form part of Ghana's budget financing and debt management strategy for 2015, and are being used solely for…
VRA owes WAPCo $181m for gas supply
Mr Walter Perez, Managing Director of West African Gas Pipeline Company (WAPCo), said the Volta River Authority (VRA) has received gas and pipeline-related transportation service totaling $231 million.
He said out of the said amount, the…