Bloodbath Looms At Bediako Community…As Supremo Wood Workers Threaten Face-Off With Concession Encroachers
Workers of Supremo Wood Processing Limited demonstrating against encroachments on their concessions during the visit by media persons on Tuesday Bloodbath Looms At Bediako Community…As Supremo... read more
Government Cuts Growth Goal, Forecasts Wider Fiscal Deficit In Extra Budget
Ghana cut its 2014 economic growth target and forecast a wider budget deficit and higher inflation due to falling revenues, the slide of the cedi and declining gold prices, the finance minister said... read more
Government Abandons Interest In Chinese Loan
The government has abandoned its interest in the remaining US$1.5 billion tranche of a $3 billion loan agreed with the China Development Bank (CDB) in 2011, because of a misunderstanding between the... read more
Gov’t Back Tracks On $3bn CDB Loan…Restructures Contract For Only $1.5bn
Finance Minister, Seth Tekper yesterday hinted on the floor of Parliament the Government’s intention to present before the august House a request to half the unarguable the most talked about $3... read more
Cement Price Hike Is Killing Our Business…Estate Developers Cry Out
Prospective home owners and property developers, have complained bitterly about the hardship they presently face, as a result of the recent rise in the cost of cement nationwide. Reports monitored by... read more
Bank Of Ghana Denies Owing ASTEK Food Processing
Mrs Elly Ohene-Adu, Director and Head of Banking Department at the Bank of Ghana, on Wednesday denied the central bank’s indebtedness to ASTEK Food Processing Company Limited. Appearing before... read more
Gov’t Won’t Cancel Projects – Ato Forson – CDB Loan Blues
Deputy Finance Minister, Cassiel Ato Forson has revealed that government will not cancel any of the projects which were supposed to be financed by the $3 billion China Development Bank (CDB) loan.... read more
Seth Tekper To Present Mid-Year Review Budget Today
A midyear review of the 2014 budget statement and Economic policy is expected to be presented by the Minister of Finance, Seth Tekper to parliament today. The presentation is to keep the general... read more
Government Targets $5 Billion Export Revenue By 2017
The Minister for Trade and Industry, Mr Haruna Iddrisu, says there is the need to diversify Ghana’s export in order to improve the country’s trade deficit, which he says, currently stands... read more
Ghana Airways Liquidation Not Over
Ghana Airways, the country’s foremost airline, is still in existence, despite attempts by the current and previous governments to ensure its demise as a result of its huge debt overhang and bad... read more
Removal Of Subsidy Commendable – BDCs
The country’s Bulk Oil Distribution Companies (BDCs) have welcomed the removal of subsidies on petroleum products describing it as a move in the right direction. The National Petroleum Authority... read more