ALL POSTS FILED UNDER: GHANA
World Bank cautions Ghana over fiscal overruns
Add a CommentThe World Bank Group has asked government to take bold steps to enhance efficiency in its public expenditure and improve revenue mobilisation. The bank, in its second Africa Pulse report for 2015, said the current economic situation underscored the need … Read more →
IMF spokesperson says Ghana no longer qualifies for HIPC
Add a CommentA couple of weeks ago, there were concerns among some economic analysts that Ghana’s debt portfolio had gone so high, it qualified the country again for the Heavily Indebted Poor Countries (HIPC) Initiative. The Graphic Business (GB), therefore, sought some … Read more →
Global competitiveness report: Ghana falls 8 places
Add a CommentThe country has gone down by eight places in the latest Global Competitiveness report. Ghana went down from 111 to 119, out of 140 countries assessed in the report. The report shows the country’s decline was influenced by some challenges … Read more →
Ghana’s local gold market hijacked by Indians
Add a CommentThe local gold market has been hijacked by Indians which is adversely affecting Ghanaian players in the sub-sector, BUSINESS GUIDE has gathered. In 2014, gold export from Ghana (small-scale sector) to India was about $ 1,925 billion. Owing to the … Read more →
IMF lists Ghana as country eligible to receive HIPC assistance
Add a CommentGhana has made the list of countries that are eligible to receive assistance under the Highly Indebted Poor Country initiative by the International Monetary Fund (IMF). The HIPC Initiative was launched in 1996 by the IMF and World Bank, with … Read more →
33,900 girls under 15 yrs get married in Ghana annually
Add a CommentSchool for Life, (SfL) a non-governmental organisation operating in the country, has indicated that 33,900 girls under 15 years get married annually in Ghana, contrary to the children’s Act of 1998. Mr Abdul-Mumin Ahmed, Communications and Advocacy Officer of SfL … Read more →
I will rebuild Ghana – Nana Addo
Add a CommentThe 2016 presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, says the spectre of Ghana being classified as a “High Risk of Debt Distress” country and coming under the International Monetary Fund, should be enough motivation for … Read more →
Ghana finally sunk into HIPC?
Add a CommentThe National Democratic Congress (NDC) government has finally sunk Ghana into the Highly Indebted Poor Country (HIPC) status through increased borrowing. The country’s debt stock reached GH¢94.5 billion in June 2015 from GH¢88.2 billion in May, representing 70.9 percent of … Read more →
Mahamudu Bawumia leaves Ghana to Mecca
Add a CommentDr. Mahamudu Bawumia, running mate to flagbearer of the New Patriotic Party (NPP) has left Ghana to Mecca to perform the Islamic pilgrimage of Hajj. He left the country on Saturday. He is accompanied by his wife, Samira Bawumia and … Read more →
What Prez. Buhari discussed with Prez. Mahama in Ghana
Add a CommentNigerian strongman President Muhammadu Buhari yesterday paid a one-day working visit to Ghana. He touched down at about 10 am at the Kotoka International Airport where he inspected a guard mounted in his honour. Dressed in a traditional agbada, the … Read more →
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