In the first two months of 2024, Ghana’s public debt increased significantly by GH¢47.4 billion, reaching a record high of GH¢658.6 billion. The Bank of Ghana disclosed this information in its latest Summary of Economic and Financial Data. This surge represents 62.7% of the country’s Gross Domestic Product (GDP) as […]
Business News
Cedi’s Stability Expected to Improve;Finance Minister
In a recent briefing on the economy, the Minister of Finance, Dr. Mohammed Amin Adam, expressed optimism about the stability of the Ghanaian Cedi. He assured that measures were being taken to strengthen the currency in the medium term. Dr. Adam highlighted several factors contributing to the Cedi’s stability. Despite recent pressures, the […]
Massachusetts Offers Airlines One-Year Free Landing Service for New Routes
Matthew Hatfield, the Director of Airline Route Development at Logan International Airport, has announced that prospective airlines planning to open direct flights on new routes between Boston and Accra, Accra and Boston, and Boston and Kumasi Prempeh I International Airport will benefit from a one-year free landing package provided by […]
USAID’s Power Africa Program Celebrates 5 Yrs of Expanding Access to Clean and Reliable Energy in West Africa
The United States government, through the U.S. Agency for International Development (USAID), has successfully implemented the Power Africa, West Africa Energy Program (WAEP) over the past five (5) years. To mark this milestone, a lessons-learned event was held in Accra, Ghana, bringing together key energy-sector stakeholders, including government officials and […]
TUC Opposes Sale of SSNIT’s Stake in Hotels to Agriculture Minister
The Trade Union Congress (TUC) has expressed strong opposition to the proposed sale of 60% of the Social Security and National Insurance Trust’s (SSNIT) stake in four hotels to Bryan Acheampong, the Minister for Agriculture. The TUC in a statement issued in Accra on May 20, 2024, has warned that […]







