Railway workers doing some technical works on the Accra-Nsawam Rail Line THE GHANA Railway Company Limited (GRCL) has indicated it is currently undertaking further works aimed at ensuring a resilient
Fossil Fuel Industry In Survival Mode: IES Analysis
As things stand now, fossils are in survival mode, as the momentum on consumption seems waning. The coronavirus crisis accompanied by the global economic downturn appears to have accelerated things
Transport Fares Adjusted To 5%
Transport fares have been revised downward to 5% from the previous 15%. Accordingly, the 5% adjustment is to take effect from August 1, 2020. This was announced in a communique
GISPA Welcomes Government’s Move To Expand Internet To All Citizens
Richard Densu, President of GISPA The Ghana Internet Service Providers’ Association (GISPA) is welcoming the announcement by government to work with the Telcos and ECG to rollout fiber across the
Public Debt Hits GH¢258bn
Dr Ernest Addison, BoG Governor THE PUBLIC debt stock in Ghana increased to GH¢258.0 billion as at the end of June 2020. This was made known by the Bank of
AfDB Grants $69m To Ghana Against Covid-19
Marie-Laure Akin-Olugbade THE BOARD of Directors of the African Development Fund (ADF) on Friday approved a US$69 million grant to support Ghana’s efforts to tackle the Covid-19 pandemic and mitigate
BoG Keeps Policy Rate At 14.5%
Dr. Ernest Addison The Bank of Ghana (BoG) has maintained the monetary policy rate at 14.5 percent. The policy rate is the rate at which the Central Bank lends money
Public Debt Hits GH¢258.0 Billion
Dr. Ernest Addison, Governor of BoG The public debt stock in Ghana increased to GH¢258.0 billion as at the end of June 2020. This was made known by the Bank
Total Asset Base Of Banking Sector Remains Strong – BoG
Bank of Ghana (BoG) has indicated that the total asset base of commercial banks in Ghana continue to remain strong despite the economic challenges posed by the outbreak of the
Nana Doles Out GH¢2m To Physically Challenged
President Akufo-Addo, yesterday, decided to show love to some 1,000 male Persons With Disability (PWD). This was when he gave them a GH?2 million bailout to support their businesses under
‘Headline Inflation Within 8% Target’
Ken Ofori-Atta THE MINISTER of Finance, Ken Ofori-Atta, says the country’s headline inflation has remained in single digit since June 2018 to date, and more recently steadied around the medium-term
NLA Makes Covid-19 Adjustments
Kofi Osei-Ameyaw The National Lottery Authority (NLA) has made necessary adjustments in its payment timelines, a situation informed by the Covid-19 pandemic among other factors. The shift system adopted for
President Removes Covid19 Restrictions On Transport Sector
Coronavirus related restrictions on the transport sector in Ghana have finally been lifted. President Akufo-Addo made this known on Sunday night as he updated the nation on the coronavirus situation