Tag Archives: INVESTMENT

ECG needs private investment to settle its debts – ACEP

Executive Director of the African Centre for Energy Policy (ACEP), Benjamin Boakye, has stated that the Electricity Company of Ghana (ECG) needs private investment. According to him, government also needs to divide the financing requirements into manageable portions for Ghanaian businesses to take over. This, he said, would help the …

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Dr Anane narrates how Bawumia allegedly made Ghana lose $20 billion investment

Dr. Richard Winfred Anane, a leading member of the New Patriotic Party (NPP), has narrated how the actions of Vice President Dr Mahamudu Bawumia allegedly made the Nana Addo Dankwa Akufo-Addo government lose a $20 billion investment from China. According to Dr Anane, a former minister of health under President John Agyekum Kufuor’s government, the …

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Don’t womanize, use your money for investment – Erigga to men

Nigerian singer, Erhiga Agarivbie, popularly called by his stage name Erigga who is popularly known as Erigga has advised men to channel their income on investments. According to him, sometimes, men use 10 percent of their income to womanize and have a good time with other women. Erigga, in a …

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Which investment is best for you in the Ghanaian financial markets?

Investments are generally motivated by the desire for profit; each investor aims to use his money profitably to generate significant returns. As a result, investors may decide to put their money into one or more of the available investment classes, including bonds, stocks, cash equivalents, real estate, various commodities, etc. …

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State’s Investment into Akufo-Addo’s in-law’s private US$120 million hotel going bad

Ranking Member on the Roads and Transport Committee of Parliament has rebuked the Ghana Infrastructure Investment Fund (GIIF) for spending taxpayers’ money on a US$120 million hotel project that is gradually becoming a white elephant. Aside from the investment in the project, President Nana Akufo-Addo was bashed for offering a …

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Forex and the Bible: How Holy Book foretold investment

In the beginning, was the word, and the word was with God, and the word was God. This famous bible verse implies that the creation of the world was based on the sayings of God. In parts of the world, especially Ghana, most people ascribe anything to the dogmatic principle …

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Singapore to increase investment in Ghana through Africa-Singapore Summit

Through its agency, Enterprise Singapore, the government of Singapore has announced plans to widen its scope of investment in Ghana to help accelerate development and boost trade. Speaking to Ghanaian journalists about the upcoming 2021 edition of the Singapore-Africa Summit, the Director for West and Central Africa at Enterprise Singapore, …

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Ghana’s new investment law delayed until 2021

With the processes aimed at operationalizing the African Continental Free Trade Area (AfCFTA) that started this year, it has become necessary for the Ghana Investment Promotion Centre (GIPC) and key partners to slow down the process of revising the GIPC law. The completion of the review had been scheduled for …

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Interest in investing in Ghana continues to rise – Oppong Nkrumah

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 …

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