Sunday, August 25, 2019

Can the private sector deliver the jobs?

The 21st century private sector has now been classified as the engine for developmental growth and machinery for job creation in the new world. The sector is believed to be a source of opportunity...

EOCO freezes accounts of ex-COCOBOD CEO Opuni

The bank accounts of former Chief Executive Officer (CEO) of COCOBOD Dr. Stephen Opuni have been frozen following investigations into some contracts he signed during his tenure. Dr. Opuni has been occupying the position since...

SONA: VRA, GRIDCO to list on Stock Exchange – Akufo-Addo

President Akufo-Addo has hinted that government intends listing the Volta River Authority (VRA) and the Ghana Grid Company Limited (GRIDCO) on the Stock Exchange. This, he said, is part of a national electricity master plan...

SONA 2017: Ghana won’t collapse under me – Akufo-Addo

President Akufo-Addo on Tuesday painted a gloomy picture of the state of the Ghanaian economy, pledging that he will not allow it to further plummet. “I will not allow this country to collapse under my...

SONA 2017: Mahama left $2.4bn energy sector debt

President Akufo-Addo has revealed that Ghana’s energy sector is saddled with huge debts which threatens reliable power supply if immediate measures are not taken. Delivering his maiden State of the Nation Address, President Akufo-Addo said...

SONA 2017: Ghana’s debt balloons to GH¢122bn

The President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo has revealed that Ghana’s debt stock has ballooned to GH¢122 billion in 2016 from GH¢9.5 billion in 2009. The President made the revelation during...

Ghana’s mobile voice users hit 38m; MTN grabs 19m

Ghana’s total mobile voice subscriptions increased from 35,008,387 as at the end of 2015 to 38,305,078 by the close of December 2016. This represents a percentage increase of 9.42%, according to latest figures from the...

Gov’t to partner private sector to establish national airline

The Ghana Government is planning on partnering with an established private airline company in the establishment of a national airline. The minister for Aviation, Cecilia Dapaah, had earlier  hinted that Ghana will have its own...

HSBC sees full year profit plunge 62% to $7.1bn

HSBC has reported a 62% fall in annual pre-tax profit for 2016. The $7.1bn (£5.7bn) figure compares with $18.9bn a year earlier, and is well short of the $14.4bn analysts had been expecting. The bank attributed...

What Akufo-Addo’s SONA2017 should address

As President Akufo-Addo gets set to address Parliament this morning on the State of the Nation, policy think-tank IMANI has been looking at areas his address should focus on. Below is the full statement: Promising a...