Tag Archives: GHANA

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 …

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 …

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 …

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 …

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 …

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 …

FIFA has named Ghana among the top seeds for Qatar 2022 FIFA World’s Cup for African teams ahead of the draw to be held in the Egyptian capital of Cairo later today (Tuesday). Seeding pots for Qatar 2022 FIFA World’s Cup for African teams were by Federation of International Football …

The African Union (AU) is optimistic Ghana will hold a peaceful and successful general election this year. While acknowledging that the contest will be intense and fierce, the AU remained “confident that Ghana will pull it off successfully since we have no doubts about the country’s credentials as far as …

The Ministry of Finance has created an investment mechanism to help drive investment into the country from the Diaspora. Known as the ‘Africa Sankofa Account or the ‘Diaspora Savings and Investment Account,’ the interest accruing banking product is targeted at Africans living abroad, who desire to invest in the Ghanaian …