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Thursday, August 18, 2022

Business

Two Ghanaian oil and gas professionals bag awards at SPE Regional Awards in Lagos

By : Mabel Adorkor Annang Two members of the Society of Petroleum Engineers-Ghana Section (SPE Ghana Section) have been awarded for their meritorious contributions to the Oil and Gas industry in Ghana and on the African continent at an impressive...

Inflation rates will continue to soar – Economist

An Economist with the Policy Initiative For Economic Development, Dr Daniel Amateye Anim has painted a gloomy picture of the economy in the midst of rising inflation rates. He has predicted that inflation rates will continue to soar in the...

Fitch downgrades Ghana to ‘CCC’

Ratings agency Fitch on Wednesday, August 10, 2022, downgraded Ghana's Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to 'CCC' from 'B-', citing a deterioration in public finances. In a statement, Fitch said the downgrade reflects the deterioration has contributed to...

Economist backs calls for national dialogue to bring economy back on track

An Economist at the University of Ghana Business School, Professor Godfred Bokpin, has backed calls for a national dialogue to bring the economy back on track. He said there is a need for consensus building, to bring on board alternative...

Former President Mahama calls for dialogue over recent economic downgrade

SOURCE: MYJOYONLINE Former President, John Dramani Mahama says the continuous depreciation of the cedi shows that the mid-year budget review failed to achieve its intended purpose. He says investors still do not have confidence in the Ghanaian economy. According to him,...

Economist supports government to rubbish current ratings of economy by S&P as unnecessary

An Economist, Prof. Godfred Bokpin says the current ratings of the Economy by S&P is of no use to the country at the moment. He said Ghana is currently faced with economic crisis and locked out of the international market;...

Government disappointed at recent S&P rating down grading Ghana

Government has expressed disappointment at rating agency, S&P’s decision to downgrade Ghana despite the bold policies implemented in 2022 to address macro fiscal challenges and debt sustainability which have been significantly exacerbated by the impact of the global external...

Standard and Poor downgrades Ghana to C, outlook negative

American credit rating agency, Standard and Poor’s (S&P) has downgraded Ghana’s foreign and local currency sovereign ratings from B minus to C. S&P recorded a negative outlook for the country and argued that the new position is reflective of Ghana’s...

Ghana capable of reviving its economy – President Akufo-Addo

By: Mercy Darko President Akufo-Addo has impressed on Ghanaians to believe in the country's capacity to turn its fortunes around and build a modern and progressive nation with equal opportunity for all. He said despite the current economic challenges fueled by...

Cabinet lifts ban on construction of LPG outlets

BY: Vanessa Adjei Cabinet has lifted the ban on construction of LPG outlets throughout the country which was shut down in 2017. This follows an industrial strike action by the Liquefied Petroleum Gas (LPG) Marketers Association of Ghana, the Ghana LPG...

Latest News

UER: 9th Regional SSNIT and TUC Meeting held in Bolgatanga

Byy: Emmanuel Akayeti The leadership of the Trades Union Congress (TUC), in partnership with the Social Security and National Insurance...

I have no intention to kill patients, it was content – Student nurse reacts

The nursing student seen in a viral Tiktok clip threatening to kill her patients after she graduates from school says she had no intention...

Bank of Ghana raises policy rate to 22 per cent

By: Antoinette Selorm Abba The Bank of Ghana has announced plans to purchase foreign exchange arising from the voluntary repatriation of export proceeds from mining,...

Alan cautions NPP members on acts that may disturb peace and harmony

SOURCE: GRAPHICONLINE "It is a fact that the peaceful health walk was independently organised, and joined by thousands of well-meaning Ghanaian citizens across Kumasi, to...

NPP Steering Committee writes to Alan Kyerematen over ‘Aduro Wo So Health Work’

The National Steering Committee of the New Patriotic Party (NPP) has written to Trades and Industry Minister, Alan Kyerematen over the recently held 'Aduro...