Ghana to get new alumina refinery as Akufo-Addo announces GIADEC’s strategic partner for Project 3A
Ghana is set to benefit from a new alumina refinery following the successful selection of a strategic partner that will work with the Ghana Integrated Aluminium Development Corporation (GIADEC) to deliver Project 3A, one of four (4) projects being executed under the Integrated Aluminium Industry (IAI) projects. President Akufo-Addo who witnessed the signing of the […]
We’ll sustain reforms driving economic recovery – BoG Governor assures
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […]
‘Resilient Ghana’ partnership announced at COP28
Government has unveilled an ambitious ‘Resilient Ghana’ at the COP28 World Climate Action Summit in Dubai. This transformative plan envisions a harmonious coexistence between development and nature-positive actions. As the global community grapples with pressing climate challenges, Ghana aims to become a beacon of innovation and resilience on the world stage. This initiative seeks to […]
IEA got it all wrong – Ayisi clarifies lithium contract
The Chief Executive Officer of the Minerals Commission, Martin Kwaku Ayisi, has shed light on the details of the Lithium deal between the government of the Republic of Ghana and Barari DV Ghana Limited. The agreement will lease a certain piece of land at Ewoyaa, in the Mfantsiman Municipality in the Central region, and grant […]
GSE records five gainers in November 2023; Equities market continues to perform strongly
There were five top gainers on the Ghana Stock Exchange in the month of November as the equities market continues to perform strongly in 2023. According to the Summary of Market Activities, the GSE Composite Index (CI) recorded an increase of 44.28 points compared to the previous month, bringing the year-to-date return to 29.71%. The […]
GWCL to embark on nationwide revenue mobilisation exercise from Nov. 20
The Ghana Water Company Limited (GWCL) is set to embark on a nationwide revenue mobilization exercise to retrieve all arrears owed by customers starting Monday, November 20, 2023. In a statement issued on Wednesday, the company announced that disconnection teams and task forces in various regions and district offices would disconnect all categories of customers […]
2024 Budget Day: Private sector boost expected
The Minister of Finance, Ken Ofori-Atta, will today – November 15, 2023 – present the penultimate full-year budget of the Nana Addo Dankwa Akufo-Addo administration before parliament. The statement is coming within the context of the worst economic slump in over a decade, the Post-COVID-19 Programme for Economic Growth (PC-PEG) and against the backdrop of […]
Ghana misses out on IMF’s Nov. 1 timeline for 2nd tranche as external debt restructuring talks drag
Ghana has missed out on the November 1 timeline set in the International Monetary Fund (IMF) programme to get a second tranche of the $3 billion bailout package as the country’s debt rework negotiations with external creditors delay. The Black Star of Africa is still in talks with its external creditors for debt relief worth […]
GBfoods celebrates 50 years of impactful growth in Africa
GBfoods, Africa’s major player in culinary solutions and producer of tasty, nutritious and healthy brands like Gino, Pomo, Bama, Jumbo and Jago, has marked a significant milestone with the celebration of its 50th anniversary in Africa. The celebration was held in Accra and showcased Gbfoods’ deep-rooted commitment to the continent, its communities and its sustainable […]
Edric Engineering Furnishing donates 120 indoor lights amounting to GHC21,000 to support Citi TV/Citi FM’s ‘Operation Rebuild’
Edric Engineering Furnishing donated 120 indoor lights amounting to GHC21,000 to support the resettlement centers. One of the representatives of Edric Engineering Furnishing, Barbara Dogbegah, said, “We are here because of the resettlement project, we are here to offer some donations to the victims of the Akosombo dam spillage. We have been following the news […]