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Finance Minister, Ken Ofori-Atta, has indicated that about 25% of Ghana’s assessed debt burden emanates from non-central government operations, mainly from State Owned Enterprises (SOEs) such as COCOBOD and those in the energy Sector.…

There are 54 countries in Africa. More than 20 produce oil and five of these countries are part of the world’s 30 oil-producing countries. However, only two countries in Africa do not import oil. In 2019 Africa accounted for more than…

Professor of Economics at the University of Ghana Business School (UGBS), Godfred Bokpin has stated that President Akufo-Addo should step down if he cannot govern with at most 40 ministers. According to him, the government should cut…

President Nana Addo Dankwa Addo is making a case for the ownership of financial institutions by Africans to be strengthened. The President indicated that the reality is that unless Africa has strong financial institutions the countries…

An assessment of Artificial Intelligence (AI) strategy and its impact on corporate Ghana found out that of the 54 companies surveyed in May 2023, only 2 answered “yes” to the question, “Has Artificial Intelligence ever been mentioned or…

President Nana Akufo-Addo has criticized international rating agencies for unfairly and recklessly downgrading sovereign nations, particularly Ghana, during the Covid-19 pandemic and the Russian/Ukraine war. According to him, those…

Finance Minister, Ken Ofori Atta, has indicated that the energy sector will undergo some vigorous reforms to save the sector from collapsing. This comes after the sector’s legacy debt reached about $2 billion as of the end of May 2023.…

President Nana Addo Dankwa Akufo-Addo has underlined the risks associated with African nations solely depending on foreign capital markets. In a speech to pay tribute to the contribution of the Africa Export and Import Bank, President…

Government is yet to reach an agreement with bilateral creditors as part of processes to restructure Ghana’s debt following the US$ 3 billion loan from the International Monetary Fund (IMF). The process of getting an MoU with…

The upward Inflation is expected to linger over the next two months, as a result of the implementation of the three new taxes in May 2023. The taxes – Excise Duty and Excise Tax Stamp (Amendment) Bill, 2022, the Income Tax (Amendment)…