BUSINESS

Government’s digitization agenda which, is being spearheaded by the Vice President, Dr. Mahamudu Bawumia has achieved another milestone with the addition of motor insurance to the growing list of digitized government agencies. The Vice President announced in July last year at the US-Ghana Business Forum that after holding a series …

Ghana’s debt stock has increased by about GS86.6 billion since the Nana Akufo-Addo government came into office three years ago. Some economists and market watchers have described the rate and quantum of borrowing by the government as alarming and warned that it could plunge the nation into an economic crisis …

Ghana’s debt-to-GDP ratio is projected to hit 65% by the year 2023. According to international rating agency Moody’s, Ghana’s debt will rise primarily due to an annual assumption of 2% of GDP in the form of contingent liabilities. Moody’s’ forecast also includes disbursements under the $2 billion financing deal with …

Information Minister, Kojo Oppong Nkrumah, has noted that interest in making investment in Ghana especially by foreigners continues to rise. The Information Minister who doubles as the Member of Parliament for Ofoase-Ayirebi constituency in the Eastern Region, made this known after participating in the Ghana Investment Summit in the United …

The Ghana Cocoa Board (COCOBOD) has taken delivery of 100,000 pieces of motorised slashers to be distributed to cocoa farmers throughout the country. The slashers are to prevent the farmers from resorting to the use of weedicides on their farms and, thus, reduce the risk of having the beans contaminated …

International credit rating agency, Moody has reaffirmed Ghana’s credit rating at B3 with an upgraded outlook to positive from stable. This credit rating position is the best Ghana has received from Moody’s in the last decade. A statement issued by Moody on Friday, 24th January 2020 stated that “Moody’s investors …

Credible reports and intelligence gathered by ghananewspage.com points to a deliberate ploy by a cartel to tarnish the image of the Chief Executive Officer of DVLA, Mr. Kwasi Agyemang Busia. The cartel, which is a plate manufacturing gang, is angered because the CEO is tirelessly working to seal the loopholes, …

Report reaching DGN online indicates that the police have launched a manhunt for the arrest of a former Deputy Governor of the Bank of Ghana, Dr. Johnson Asiamah. The former deputy Governor is wanted in connection with the banking crisis that led to the collapse of nine commercial banks. The …

To improve the performance of various governmental institutions and provide the necessary financial support, the German Government is providing more than €100 million to the District Assemblies Common Fund for inclusive development.   This forms part of the reform partnership approach between the two countries which seeks not only to …

An Accra High Court has heard that some farmers who appeared before a Ghana Cocoa Board (COCOBOD) fact-finding committee on fertilizer claimed that the Lithovit fertilizer which they used on their farms was like water and, therefore, drinkable. The farmers are said to have complained about the quality of the …