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Moody’s downgrades Ghana’s credit rating from Caa2 to Ca

Ghana has been downgraded deeper into junk territory by Moody’s Investors Service on the likelihood that private creditors will incur steep losses during the...

Ghana has not imported maize in five years, says deputy minister

Ghana has not imported maize for past five years due to the government’s continuous support to the sector, the deputy agriculture minister Yaw Frimpong...

Trading gold for oil will lead to depletion of forest reserves – ASEPA

The Alliance for Social Equality and Public Accountability (ASEPA) has asked the government to rescind its decision to purchase oil from the world market...

Finance Minister must be open with Ghanaians – Bagbin

The Speaker of Parliament, Alban Bagbin, wants the government to be open and candid with Ghanaians as its negotiation with the International Monetary Fund...

TUC boss explains how hiring freeze will affect productivity and efficiency

The Secretary General of the Trades Union Congress (TUC) Dr Yaw Baah has said the congress does not have details of the government’s plan...

Ghana’s mines to sell 20% of gold to BoG before export

All large-scale gold mining firms in Ghana will, effective January 2023, have to sell 20% of their refined gold to the Bank of Ghana...

Government defends decision to privatise Saglemi Housing Project

Government has defended its decision to privatise the Saglemi Housing Project. According to the deputy Finance Minister, John Kumah, the decision is the best, given...

Minority calls for the review of the e-levy rate to 0.5%

The minority in parliament has urged the government to seriously consider further lowering the e-levy rate to 0.5 percent and establishing a daily tax-free...

We have enough gold to exchange for oil – Deputy Energy Minister

The Deputy Energy Minister, Dr Mohammed Amin Adam, says government is ready to implement its gold-for-oil barter deal. According to him, the country has enough...

Ghana would and should accumulate more dollars as international reserves – Bawumia

Vice-President Dr Mahamudu Bawumia has stated that some analysts and commentators have misinterpreted Ghana’s stated policy of using gold reserves to pay for oil...

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