Economy faces severe damage- IMF warns

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The International Monetary Fund says that the global economy faces wide-ranging threats from weak growth and rising protectionism, warning of possible “severe” damage should...

Ghost workers pocket GH¢66,000

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A total of Ghc 55,962.62 unearned salaries have been paid to undeserving individuals by three departments under the Local Government and Rural Development Ministry...

IMF predicts 4.5% growth for Ghana

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A new report by the International Monetary Fund (IMF) is projecting that the economy will not witness much growth this year as forecasted by...

Ghana’s debt ratio to go up

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Government will end the year with a debt-to-GDP ratio of 74.1 percent, according to the new Fiscal Monitor report released by the IMF in...

MasterCard gives US$10.6m to firms to fight poverty

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The MasterCard Foundation Fund for Rural Prosperity has awarded five companies more than US$10.6 million to bolster their innovative work to alleviate poverty by...

Otabil: Ghana has ‘unwisely mortgaged’ its oil for 20yrs

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The decision by Ghana to “mortgage” its oil for 20 years, when prices of crude were high on the international market, was an “unwise”...

Ecobank bags $205m profit before tax for 2015

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The Ecobank Group has reported profit before tax of $205 million on revenue of $2.1 billion for the year ended 31 December 2015. This compared...

LEAP beneficiaries enrolled on Interbank Payment System

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A total of 146,074 beneficiary households in the 185 districts under the Livelihood Empowerment Against Poverty (LEAP) programme have been enrolled onto the Ghana...