Tag Archives: GHANA

Figures related to international tourism to Ghana showed a 69 percent decline in 2020, the Ghana Tourism Authority (GTA) has revealed. The authority explains the shortfall can been attributed to the adverse impact of the Coronavirus pandemic amid travel restrictions and lockdowns. Nelson Jones, the Acting Director of Public Affairs at the …

Ghana and the United Kingdom (UK) on Thursday February 4 finalised an agreement that will provide duty-free and quota-free access for Ghana to the UK market and preferential tariff reductions for UK exporters. Ghana’s Trade Minister Alan Kyerematen in a tweet said “I am pleased that we have finalised a new Interim …

Salary Of Ministers In Ghana – A minister is a politician who heads a ministry, making and implementing decisions on policies in conjunction with the other ministers. Thus being a minister is a very lucrative and prestigious profession. President Nana Akufo-Addo has submitted to Parliament for the approval, through the …

Budding Ghanaian striker Kwadwo Baah will sign for English Premier League side Manchester City at the end of the season. The 18-year-old reached an agreement with Pep Guardiola’s side on Monday. Baah’s contract with his current club Rochdale- in League One-expires at the end of the season. His pre-contract agreement …

Ghana is running out of fiscal space as its debt-to-GDP ratio reached 74% at the end of 2020. Latest economic and financial data released by the Central Bank put the country’s debt stock at GH¢286.9 billion. This figure is the highest in nearly four years, following early attempts to cushion …

Ghana has been ranked as one of the countries on the African continent that is heavily indebted to Asian superpower, China. China over the past few years has established itself as one of the world’s economic superpowers and as such the Asian country has become one of the biggest lenders …

Information Minister-designate, Kojo Oppong Nkrumah, on Monday, January 25, 2021, has hinted that the Akufo-Addo administration is feverishly considering another lockdown as COVID-19 cases in the country continue to increase. This deliberation follows after Ghana health service reported that the active cases stand at 3, 286 as of the time …

The Government of Ghana has set a new deadline of May 2022 for the unification of the Sankofa and the Afina oilfields, the former already being operated since 2017 by ENI and the latter discovered in 2019 by Springfield, but still awaiting a Plan of Development. However, government’s insistence on …

The Producer Price Inflation (PPI) rate for December 2020 was 7 percent, the Ghana Statistical Service (GSS) has said on Wednesday, January 20, 2021. This rate, according to the GSS, indicates that between December 2019 and December 2020 (year-on-year), the PPI increased by 7.0 percent. This rate represents a 1.1 …

Ghana’s Petroleum sector recorded -4% producer inflation in December last year, the Ghana Statistical Service (GSS) has announced on Wednesday, January 20, 2021. The GSS explained that “The producer inflation rate in the petroleum sub-sector was 8.2 percent in December 2019. “The rate increased to record 20.6 percent in January …