President Mahama has told members of Investment group Renaissance Capital in the US that the prospects of Ghana’s oil and gas industry are very good for foreign direct investors. President Mahama is attending the 67th session of the UN General Assembly meeting in New York. He told investors that despite few challenges confronting the jubilee field from achieving […]
Post Tagged with: "Ghana economy"
It has now become evidently clear that the National Democratic Congress-led administration was hell bent on finding pieces of incriminating evidence for the prosecution and possible incarceration of former Chief of Staff, Kwadwo Okyere Mpiani and Dr. Charles Yves Wereko-Brobbey, for their involvement in organizing the Ghana@50 celebrations. To embark on an enterprise akin to a wild goose chase, the […]
From the predictions of the International Cocoa Organization, Ghana is likely to have a deficit in cocoa supply to the global cocoa market. According to COCOBOD, the outlook of Ghana’s cocoa supply was a factor that pushed world cocoa prices to 10-month high this month. COCOBOD is expected to purchase 800,000 tonnes during the coming 2012/13 crop year. The number […]
Judgment Debt Saga: Ghana Is Being Raped HEADS OF the Local Council of Christian Churches in the Ashanti region have said the judgment debt saga had exposed the nation as “a very vulnerable entity” in spite of her esteemed intelligence and rich human resources. According to them, there was no doubt that the nation was being raped and deprived of […]
Ghana Scores B+ In Fitch Rating Ghana has been rated B+ by the International rating agency, Fitch Ratings, which cited the country’s robust economic performance and strong growth outlook. A statement issued by Fitch Ratings, London, on September 21, 2012 also acknowledged Ghana’s good governance record and favourable business environment as factors underpinning the country’s B+ rating. The international agency […]
NPP: We want our money back from Waterville The New Patriotic Party (NPP) has urged the Mahama-led administration “to retrieve the ‘gargantuan’ sums of money paid by the NDC government to individuals and institutions under the guise of judgement debts.” A press statement signed by the party’s General Secretary, Kwadwo Owusu Afriyie reminded President John Dramani Mahama to live up […]
Bawumia: Ghana Needs agricultural lessons from Burkina The NPP Vice Presidential candidate, Dr Mahamadu Bawumia has said that it would be important for Ghana to learn the transformation and boosting of agriculture from Burkina Faso. According to him, these lessons from our neighbouring country will help to completely transform the agricultural sector of Ghana especially in the three Northern Regions. […]
Ghana-Ivory Coast Border Closed After Bloody Attack Ivory Coast has closed its border with Ghana after several people were killed in an attack on an army checkpoint. Ivorian Defence Minister Paul Koffi Koffi said “armed elements from Ghana” carried out the attack in the border town of Noe. At least five attackers died and others fled back over the border, […]
Ghana Makes Another Oil Discovery Offshore The Ghana National Petroleum Corporation (GNPC), announces today the Sankofa East-1 discovery. The exploration well which is located in the Cape Three Point Block offshore Ghana, has encountered 18.5 metres (61 feet) of gas-condensate pay in Campanian-aged turbidite channel sands and 22.5 meters (74 feet) of oil pay in Cenomanian sequence. During the production […]
The Chief Executive Officer of UT Bank, Prince Kofi Amoabeng has said that Ghana’s economy is failing as against descriptions that the economy is emerging. For the past years, there have been studies and reports that have shown that the economy of Ghana is economically in good shape.
The new Fifty Ghana Cedi notes will be in circulation from today Tuesday 21 August. The Bank of Ghana is introducing the new notes to stop fraudsters from printing counterfeits. The new note has a cocoa pod that replaces the holographic patch whilst the number 50 at the bottom of the front is now green instead of gold. The […]