Monthly Archives: August, 2021

Ahead of the Bagri Dan spillage on Friday, August 27, 2021, the National Disaster Management Organization (NADMO) has appealed to residents along the spillway to move to safer grounds. This according to NADMO, is to avoid the usual damage to...

This is coming despite the expected decline in prices, as the current pressures on the price is expected to continue. The International Cocoa Organisation is forecasting a global cocoa surplus of 165,000 tonnes for the 2020/21 crop season, up from...

Total number of private sector Social Security and National Insurance Trust (SSNIT) contributors, which partially gauges employment conditions, improved to 804,849, approximately 15.4% year-on-year in May 2021, the Bank of Ghana’s Monetary Policy Report has stated. This is compared with...

As Ghana’s public debt keeps rising, the International Monetary Fund, (IMF), has stressed that fiscal consolidation is needed to address debt sustainability and rollover risks, as Ghana continues to be classified at high risk of debt distress. According to the...

As oil prices on the global markets continue to fall, Energy Consultant, Dr Yussif Sulemana says the government must strive to increase its storage capacity. He argues that this will help cushion the country when prices begin to rise. According to...

The Ghana Enterprises Agency (GEA) formerly NBSSI has disbursed some GH¢93.5 million to creative arts practitioners and private schools that applied for loans under the Coronavirus Alleviation Programme Business Support Scheme (CAP BuSS). While a total of GH¢52.3 million was...

The Bank of Ghana in its latest inflation outlook has confidently forecasted headline inflation to remain within the medium-term target band of 8±2 percent despite it inching up in the past two months, but has expressed concern about risk...

The Total Value of reported fraud cases in the banking industry witnessed substantial increase last year to hit ¢1.0 billion, data from the Bank of Ghana has revealed. This is compared to ¢115.51million recorded in 2019. According to the Central Bank,...

The Vice President, Dr Mahamudu Bawumia, has launched a multi-agency initiative designed to increase domestic revenue mobilization, broaden the tax net and ensure compliance with tax obligations. Known as the Revenue Assurance and Compliance Enforcement (RACE), the initiative is envisioned...

The Executive Director, Nuclear Power Ghana (NPG), Dr. Stephen Yamoah said the importance of nuclear power to the socio economic development of Ghana is immeasurable. “Nuclear power is promising and its benefits to the country are enormous, therefore, together, we...