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Economy

January, 2018

  • 17 January

    “2017 Economic Performance A Vindication Of Government’s Size” – President Akufo-Addo

    The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the performance of the Ghanaian economy in 2017, is a vindication of the decision taken to appoint 110 Ministers and Deputy Ministers of State. Citing a quote from the speech of the Vice President, Alhaji Dr. Mahamudu Bawumia, at at …

  • 15 January

    Akufo-Addo Gov’t Sets GDP Growth Record

    Ghana’s economy increased from 3.7% in 2016 to an estimated 7.9% in 2017, Vice President, Dr Mahamudu Bawumia, has stated. According to the Vice President, this is the best annual real GDP growth for the first year of any new government since 1992. Speaking at the opening of the 69th …

  • 13 January

    1D1F : Akufo-Addo commissions $77m ceramic factory

    President Nana Akufo-Addo on Saturday, January 13, 2018, commissioned a Twyford Ceramics factory at Shama District in the Western region to add-on to government’s one district, one factory industrialisation programme.The establishment of the factory for the production and distribution of tiles is estimated at the cost of $77.26 million and will …

  • 12 January

    Koans Estate boss gives Nana Addo 64% for year one

    International Socrates Award winner and CEO of Koans Building Solutions, Mr Kofi Anokye has given Nana Akufo-Addo’s government a credit rating of 64% for the work done in their first year in office Contained in a detailed review article that analyzed 10 key policies and decisions taken by the government …

November, 2017

  • 23 November

    Forestry Commission, YEA to employ 15,000 youth

    The Forestry Commission has signed a Service Agreement with the Youth Employment Agency (YEA) to employ 15000 youth as part of the Youth in Aforestation Module in Accra. This is in line with the His Excellency President Nana Addo Dankwa Akufo-Addo’s vision of creating jobs opportunities for the teaming unemployed …

  • 20 November

    Ghana Water Company Faces Imminent Collapse, Group Warns

    The Public Utility Workers’ Union of Ghana of Trades Union Congress (TUC) has warned of the imminent collapse of the Ghana Water Company Limited (GWCL) as a result of the agreement the company singed with Messrs Befessa in December 2002. According the group,  the agreement between the two parties was …

  • 20 November

    One Constituency One Million Dollars Policy to Start in 2018

    Vice President H.E. Dr. Mahamudu Bawumia has hinted that the One Constituency One Million Dollars policy agenda which became a major political promise by the New Patriotic Party prior to the 2016 General Elections will commence in 2018. Dr. Bawumia said this when he was speaking to climax the celebration of …

  • 15 November

    Key highlights of 2018 Budget Statement and Economic Policy

    The government has introduced special initiatives targeted at turning the economy around and bringing financial relief and comfort to Ghanaians. These initiatives are contained in the 2018 Budget Statement and Economic Policy which was presented by the Minister of Finance, Ken Ofori Atta. In the budget which has been themed, …

October, 2017

  • 6 October

    One District, One Factory: 165 factories ready for roll out – Ahomka-Lindsay

    The Ministry of Trade and Industry has revealed that about 165 factories have passed the final approval stage to be established across the country under government’s flagship One District-One-Factory programme. Deputy Trade and Industry Minister Robert Ahomka-Lindsay, speaking at the Ghana Investment Promotion Centre (GIPC) USAID-FinGAP Agric and Agribusiness Investment …

September, 2017

  • 30 September

    ‘Ghana’s economy in limbo’ – Finance Minister

    The World Bank classifies every economy as low, middle or high income by Gross National Income (GNI) per capita as the basis for this classification because it views GNI as a broad measure that is considered to be the single best indicator of economic capacity and progress. Ghana since 2012 …