Economy

Economy

GITAC commends Indian government for coronavirus fight in Ghana

Ghana India Trade Advisory Chamber has applauded efforts of the Indian government for its intention to support Ghana with 50,000 doses of the COVID-19...

Ghana loses US$1.04 billion in oil revenue in first half 2020 due to COVID-19

Ghana lost a total of 1.04 billion United States dollars (USD) or 5.7 billion Ghana cedis in petroleum revenue in the first half of...

EU and US deliver cocoa sustainability funding for Ghana and Ivory Coast

Key multi-million funding towards delivering sustainable cocoa production in core markets of Ivory Coast and Ghana has been put forward by the EU and...

Engineering Council and GSA explore ways to improve standards

The Ghana Standards Authority (GSA) has engaged the Engineering Council of Ghana on the need to use its advocacy power to help enforce the...

Customs advises importers to clear goods on time or risk forfeiting them to the...

The Customs Division of the Ghana Revenue Authority has emphasized that cargoes that are not cleared at the ports of Ghana within the stipulated...

New data indicates Q4 2020 economic rebound

New data released by the Bank of Ghana suggests that Ghana’s economy may have begun a rebound from the contractions it suffered during the...

Ghana to pay $134m judgment debt over cancellation of GCGP’s power deal

Ghana has been slapped with a $134 million judgement debt over the cancellation of its Emergency Power Agreement with GCGP Limited. The International Court of...

Valentine’s Day eve: Kingsbite chocolate out of stock

As Ghana prepares to join the rest of the world to celebrate Valentine’s Day, gifts like chocolate, especially Golden Tree Kingsbite Chocolate, has run...

Chinese company claims US$55m from Ghana for cancellation of traffic management contract

A Chinese-based construction company, Beijing Everyway Traffic and Lighting Tech Co Ltd is claiming USD55 million from Ghana for cancelling a contract it awarded...

Cheers to a bite of healthy Ghana chocolate!

Cocoa as a cash crop has served the Ghanaian economy very well, from long before independence. Apart from earning precious foreign exchange, the crop provided...