Day: January 31, 2023

Economic analyst, Senyo Hosi has expressed his frustration over the failure of the Ministry of Agriculture and other government agencies to collaborate with the private sector in creating food sufficiency.Speaking on Peace FM’s Kokrokoo morning show, S… … Read More >Government officials only interested in procurement because it helps them to steal – Senyo Hosi

An estimated US$8.3million in monthly revenue is lost through corrupt practices at the country’s seaports.This sum amounts to almost US$50million every six months and US$100million each year, according to Vice President Dr. Mahamudu Bawumia. The losses… … Read More >US$100 million lost yearly to corruption at ports

The Interbank forex rates from the Bank of Ghana today, January 31, 2023, have shown that the Ghana Cedi is trading against the dollar at a buying price of 10.7945 and a selling price of 10.8053.As compared to yesterday’s trading of a buying price of 1… … Read More >Cedi sells at GH¢12.80 to $1 on forex market, GH¢10.80 on interbank market

The Electricity Company of Ghana’s debt to Bui Power Authority has hit a whopping US$ 614 million as at the end of 2022, from the previous US$386 million at the end of 2019.This was revealed when officials of Bui Power appeared before the Public Accoun… … Read More >ECG’s indebtedness to Bui Power hits US$614 million

Bank of Ghana Governor, Dr. Ernest Addison, has underscored the importance of providing inclusive access to a wide range of financial products and services to all in society.He believes that FinTechs have a critical role to play in improving the lives … … Read More >Access to savings, credit and investment remains a challenge – BoG charges FinTechs

Governor of the Central Bank, Dr Ernest Addison, has said the Bank of Ghana and the Ministry of Finance will commit to zero financing of the budget in 2023 and beyond.According to him, the move forms part of prudent macroeconomic policies which are exp… … Read More >BoG, Ministry of Finance to commit to zero financing of 2023 budget and beyond