Monday, 26 June 2017

Latest News

Economic activity picking up-BoG

By Augustine Amoah

Economic imbalances that existed in at the end of 2016 are giving way to stronger fundamentals with economic activity expected to pick up in the months to come, albeit below potential, the Bank of Ghana’s latest Monetary Policy Report has revealed.

Ghana is haven for investments – Prez to investors

President Nana Akufo-Addo says his government has put in place reforms, over the last five months aimed at attracting private investment, domestic and foreign, into the country.

LPG draft policy under review

The Energy Ministry is reviewing a new draft Liquified Petroleum Gas (LPG) policy to provide direction on marketing and distribution of LPG in a safe and efficient manner to enhance access nationwide.

Local firms urged to form partnerships to enjoy gov't incentives

Captains of industry are encouraging local partnerships in order to benefit from government’s industrialization incentives.

Textiles workers frown on ‘stimulus package’

The Local Textile Workers’ Association has expressed displeasure at government’s plan to offer financial support to solve the smuggling of pirated goods onto the local markets.

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High NPLs threaten credit to businesses

Financial sector analysts are predicting contraction in credit to the private sector following their high contribution to the Non Performing Loans (NPL) of banks.

Ethiopia launches e-visa service

The Ethiopian Immigration and Nationality Affairs main Department in collaboration with Ethiopian Airlines has finalized preparations of the initial phase to commence an e-visa service for international visitors to Ethiopia.

Salvos in NDC

-Humiliating defeat, search for new
flag bearer divides rank and file

By Elvis DARKO, Accra
THE massive defeat suffered by the National Democratic Congress (NDC) in last year’s election, coupled with the race to elect a new flag bearer, has divided the rank and file of the party so badly that the top echelons are firing salvos indiscriminately.

Rawlings did not receive $5m Abacha cash - NDC group

By John ASAMOAH, Accra
ACTION Movement, a group aligned to the National Democratic Congress has challenged Alhaji Bature Iddrissu to provide evidence to back his claim that former President J. J. Rawlings received $5 million from former Nigerian leader General Sani Abacha.