Friday, January 27, 2023

Policy rate likely to remain at 25.5%

There are high expectations the Monetary Policy Committee of the Bank  of Ghana will maintain its policy rate at 25.5 percent today. The Policy rate is indicative of the rate at which the Central Bank...

Gortor wins Vodafone “Yee Twi Kor” ultimate prize

Businessman, Kalaya Gortor, has been adjudged the ultimate winner of the Vodafone “Yee Twi Kor Reloaded” promotion. For gathering the most points during the promotion, he took home Ghc 150,000. Gortor was part of the...

Ghana’s debt hits Gh¢119.9 bn

Ghana's public debt stands at Gh¢119.9 billion as against the latest figure of 110 billion Cedis released in July 2016, according to the latest summary of Economic and Financial data released by the Bank...

Ofori-Atta hints of tighter fiscal policy

The Finance Minister-designate, Ken Ofori Atta has hinted of a “tighter” fiscal policy aimed at resuscitating the country’s ailing economy. “When I look at the current state of our country’s finances I suspect we need...

I’ll reboot ailing economy — Ofori Atta

Finance Minister-designate, Ken Ofori-Atta has pledged to protect the public purse stating that it is key to “rebooting” the country’s ailing economy. Answering queries from members of Parliament’s Appointments Committee during his vetting Friday, January...

Kufuor govt didn’t set up C’ttee to sell drillship – Dapaah  

The National Security minister-designate, Albert Kan Dapaah, has denied the knowledge of a committee that was set up to sell the Ghana National Petroleum Corporation’s drillship. The GNPC’s drillship, Discoverer 511, was sold to pay...

BoG’s zero financing policy needless – Marfo

The Senior Minister-designate Yaw Osafo Marfo has served notice the new government under President Nana Akufo-Addo is not ready to yield to the IMF’s demand for the Bank of Ghana to roll out zero...

Tullow to cut gas supply to Atuabo

Tullow Ghana Limited, operators of the Jubilee Oil Field, will cut gas supply to the Atuabo Gas Plant from 3 February, 2017. The 15-day shutdown is to enable works on inter-connection between the Tweneboa, Enyenra,...

I’ll coordinate govt’s “economic sectors” – Osafo Marfo clarifies  

The Senior Minister-designate, Yaw Osafo Marfo has clarified his designation to the Appointments Committee of Parliament during his vetting, noting that his task will be to coordinate the economic sectors of government to ensure...

We’ll review IMF programme – Osafo Marfo

Senior Minister-designate Yaw Osafo Marfo has stated emphatically that Ghana’s programme with the International Monetary Fund will be reviewed by the Akufo-Addo government. Ghana’s three-year agreement with the IMF will see the disbursement of a...