Ghana’s debt stock skyrockets from ¢9 billion to ¢402.4bn – BoG reveals
By Franklin ASARE-DONKOH The October 2022 Bank of Ghana (BoG) Summary of Economic and Financial Data has revealed that Ghana’s public debt stock went from ¢9 billion ¢402.4 billion as as July 2022. This, according to the central bank, is equivalent to 68% of the Gross Domestic Product and is in sharp contrast to the […]
Ghana, Ukraine to deepen cooperation in trade
Ghana and Ukraine have signed two memoranda of understanding (MoU) to deepen cooperation in trade and the training of diplomatic staff. Madam Shirley Ayorkor Botchwey, the Minister of Foreign Affairs and Regional Integration signed for Ghana, while Mr Dmytro Kuleba, the visiting Ukrainian Foreign Minister, signed for his country. Mr Kuleba is in Ghana to […]
Ghana, US Power Compact Agreement ends
By Bright Ntramah The second Millennium Challenge Corporation Compact (MCC), which was signed in 2017, has successfully come to an end. The second compact, dubbed the Ghana Power Compact was used to invest and double access to power in the country. The 498.2 million dollar was disbursed to support the transformation of Ghana’s electricity sector […]
SIM Card re-registration: Some Ghanaians ask Comms Ministry to scrap deadline
By Rachel Kakraba Thousands more Ghanaians risk losing their SIM Cards effective Friday, September 30, 2022, if the National Communications Authority (NCA), goes ahead with the directive to Telcos to deactivate SIM Cards that have not been re-registered with Ghana cards by their owners. This move has been described by some Ghanaians as ”worrying”, as […]
