The World Bank President David Malpass is asking Ghana to reduce its non-concessional borrowing because of its impact on future generations. According to him, “holding down the non-concessional debt means higher interest rate debt because that burdens the further generations.” Mr Malpass was responding to a question posed by Joy […]
Business News
Gas production experiences significant rise – PIAC Report reveals
The increase in production was about 40 per cent over the 2019 volume of 169,508.61 MMSCF of raw gas produced from the Jubilee; Tweneboa, Enyenra, Ntomme (TEN); and the Sankofa Gye Nyame (SGN) oil Fields. The 2020 PIAC Annual Report on the management and use of petroleum revenues obtained by […]
Finance Minister defends establishment of Development Bank Ghana
Finance Minister, Ken Ofori-Atta, has defended government’s decision to set up the Development Bank Ghana (DBG). The Minister says the Bank is a major part of the GHS100 billion CARES ‘Obaatampa’ program aimed at dealing with the devastating economic effects of the COVID-19 pandemic. “DBG is a key pillar in […]
Xtra-Gold Mining Ltd. angry over burning of its equipment by anti-galamsey taskforce
Xtra-Gold Mining Limited, a licensed small-scale mining company in the Atiwa West District of the Eastern Region, has expressed its disappointment in the burning of 16 of its excavators and a bulldozer by military personnel. The company said it views the development as a violation of the rule of law. […]
United Airlines resumes operations in Ghana
The first flight arrived on Saturday morning at 0808 hours at the Kotoka International Airport in Accra, one hour earlier as expected with 200 passengers out of the total capacity of 284 on the state-of-the art Boeing 787 Dreamliner aircraft with a registration number N27901. The aircraft was welcomed by […]







