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Tag Archives: GHANA

Parliament approves US$895M Pwalugu multipurpose Dam Project

Parliament has approved the three-in-one contract agreement between Ghana (Ministry of Energy) and Powerchina International Group Limited amounting to over 895 Million Dollars for the multipurpose Dam Project at Pwalugu. The Agreements are as follow: EPC/Tumkey Contract Agreement between the Government of the Republic of Ghana (represented by the Ministry …

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Ghana ranks 117th on financial secrecy index

Ghana is ranked 117th out of 133 countries on the 2020 Financial Secrecy Index (FSI), garnering a score of 52 and accounting for 0.01 percent of global market in offshore financial services. The FSI ranks each country based on the intensity of its legal and financial systems with a secrecy …

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Ghana’s Economy On Diversification Path — Bawumia

Ghana has undergone considerable changes in terms of its economic structure through diversification, by shifting focus on the production of raw materials to value addition, says Vice-President Dr. Mahamudu Bawumia. According to him, this is a key pillar of Nana Akufo-Addo’s ‘Ghana Beyond Aid’ agenda, which is being implemented through …

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Stock Market breadth on the positive side as advancers outpace decliners

Upward price movements in three banking, insurance and telecom counters pushed the benchmark index up by 9.77 points (+0.42%) to close the session at 2,215.92 with a -1.83% year-to-date return while market capitalization increased by 0.18% to settle at GH¢56.75 billion. Ecobank Ghana (-1.14%) moderated the GSE Financial Index by …

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International flights to Lagos divert to Ghana, leaving passengers stranded

All international flights bound for Lagos, Nigeria, have been diverted to Ghana following poor weather conditions and complications from new equipment installation. British Airways and Emirate Airlines are among the carriers unable to land at the Murtala Muhammed Airport in Lagos and were instead rerouted to Ghana. The diversions are …

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Two girls go missing in Mallam, Gbawe

Two schoolgirls have been reported missing in Mallam and Gbawe, in the Greater Accra Region. According to a report from the Accra Regional Public Affairs Unit of the Ghana Police Service, the children – Betty Afanyibo and Theresa Koranteng – left home for school last Friday. But their guardians – …

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Ghana to commit $1 billion Eurobond proceeds to address energy sector challenges – Minister

Finance Minister, Ken Ofori-Atta, says one billion dollars of the country’s recently secured Eurobond money will be used to address issues in the energy sector. This move, the Finance Minister believes, will go a long way to address key bottlenecks in the energy sector. Speaking on Joynews’ NewsFile programme, Ken …

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Ultramodern ATMs introduced in Ghana

At the just-concluded ATM roadshow held in Accra with the theme ‘’Innovation with the NextGen ATMs’’, Inlaks introduced into the Ghanaian financial sector, new ultramodern and high-tech ATMs with enhanced features manufactured by the Korean-based Original Equipment Manufacturer, Hyosung Inc, to give customers and banks seamless experience, improved customer experience …

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Ghana Fire Service completes audit on 4,349 facilities

The Ghana National Fire Service (GNFS) has conducted fire safety audits on 4,349 old and new facilities in all the regions of the country. In addition to the fire audits, which began in January, last year, 9,997 educational campaigns were held in the regions as part of the service’s effort …

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Ghana tightens surveillance as Cote d’Ivoire deal with suspected coronavirus case

Health officials in Ghana have tightened surveillance at Ghana’s border with Cote d’Ivoire after a suspected case of coronavirus was reported. Ever since the disease surfaced in China, many countries are on the alert to ensure it does not find its way to their setting. The Director-General of the Ghana …

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