The McDan Foundation has received high praise from Zongo communities in Kumasi following a traditional ceremony that honoured its founder, Daniel McKorley, for his sustained investment in the education of underprivileged youth. At a mini durbar on Monday, attended by tribal chiefs, elders, students and beneficiaries, Dr McKorley was celebratedContinue Reading
The Bank of Ghana (BoG) has posted an operating loss of GH¢9.49 billion for the 2024 financial year, a significant but narrowed deficit compared to the GH¢13.23 billion loss restated for 2023. According to the central bank’s newly published financial statements, the GH¢9.49 billion operating loss arose from total incomeContinue Reading
The Minerals Income Investment Fund (MIIF) today inaugurated its new nine-member board at a ceremony held at the Ministry of Finance in Accra, marking a pivotal moment for Ghana’s sovereign wealth fund as it prepares to navigate recent legislative amendments and chart a new strategic course. Mr. Richard Kwame AsanteContinue Reading
The Ghana Statistical Service (GSS) has concluded a critical phase of preparations for its nationwide economic data collection exercise with the successful completion of a Training of Trainers (ToT) programme for Phase II of the Integrated Business Establishment Survey (IBES II). Held in Winneba, the workshop brought together 240 nationalContinue Reading
The Traders Advocacy Group Ghana (TAGG) has refuted claims that the country’s Integrated Customs Management System (ICUMS) has been captured by private interests. This comes after a press conference held by the New Voter Forum on Tuesday, alleged that Ghana’s ports had fallen under private control through questionable arrangements. However,Continue Reading
The Director of the Institute for Statistical, Social and Economic Research (ISSER), Professor Peter Quartey, has warned that Ghana’s current tax regime promotes evasion and enriches a select few at the expense of national development. Delivering remarks at the maiden edition of the Daily Graphic/Ecobank Ghana Economic Forum in Accra,Continue Reading
Mining giant AngloGold Ashanti Obuasi Mine is rolling out a series of hands-on training programmes for indigenes in the area, with a particular focus on improving the livelihoods of women. As part of these initiatives, the mining company has handed over a modern soap factory to the community of DokyiwaContinue Reading
Professor Godfred Alufar Bokpin, an economist and finance lecturer at the University of Ghana Business School, has said Ghana’s economic recovery will only be meaningful if the country maintains fiscal discipline after the International Monetary Fund (IMF) programme ends in 2026 Speaking on TV3’s Key Points programme on Saturday [MayContinue Reading
THE Director of the Council for Scientific and Industrial Research-Food Research Institute (CSIR-FRI), Professor Charles Tortoe, has called on key stakeholders to invest heavily in the country’s cashew sector which holds enormous untapped potential for economic development. The stakeholders include the Ministry of Environment, Science and Technology (MEST), Ministry ofContinue Reading
Ghana’s newly established Ghana Gold Board (GOLDBOD) says it is targeting up to $12 billion annually in gold revenue starting next year, as it moves to double small-scale gold production and formalise artisanal mining operations across the country. The ambitious projection, announced by the CEO of GOLDBOD, Sammy Gyamfi, followsContinue Reading
