Aker leads race to partner Springfield’s mammoth oilfield dev’t

Aker leads race to partner Springfield’s mammoth oilfield dev’t

Following the announcement by Springfield late last year of a huge oil and gas discovery in its exploration block, several international oil firms hav...

Ghana, World Bank sign US$ 570m financing agreement

Ghana, World Bank sign US$ 570m financing agreement

The Government of Ghana and the World Bank have committed to four projects through a financing agreement totaling US$ 570 million, of which US$ 557 mi...

Qatar Airways starts daily service to Accra, April 15

Qatar Airways starts daily service to Accra, April 15

Qatar Airways has confirmed that it will start daily service between Accra, Ghana and Doha, Qatar on April 15, 2020. The announcement was made by the...

GhIPSS to undergo diversification

GhIPSS to undergo diversification

Over the next five years, 2020 to 2024, the Bank of Ghana will embark on the diversification of the Ghana Interbank Payment and Settlement Systems (Gh...

Ghana’s retail sector worth US$24.4Bn

Ghana’s retail sector worth US$24.4Bn

Ghana’s retail commerce sector is currently valued at US$24.4 billion and it is projected to hit US$33.16 billion by 2024, according to the recent G...

Petroleum retailers threaten to boycott fuel with temperature above 20 degrees

Petroleum retailers threaten to boycott fuel with temperature above 20 degrees

The Ghana Petroleum Retailers Association has joined calls urging the National Petroleum Authority (NPA) to enforce a directive it gave to Bulk Oil Di...

Transportation & housing cost will continue to make Accra most expensive city – Economist

Transportation & housing cost will continue to make Accra most expensive city – Economist

The cost of transporting foodstuff coupled with the high cost of housing in the capital Accra among other factors, have been blamed for making the cit...

Ghana, Turkey sign MoU towards diplomatic enriching archives

Ghana, Turkey sign MoU towards diplomatic enriching archives

Accra, Jan. 11, GNA - Ghana's Foreign Affairs and Regional Integration Ministry has signed a Memorandum of Understanding (MoU) with its Turkish counte...

T-bills, bonds dominate income sources of banks – BoG report

T-bills, bonds dominate income sources of banks – BoG report

It is emerging that banks are still accruing a large percentage of their income from their investments in various securities. The latest banking sect...

Falling inflation makes room for policy rate cut

Falling inflation makes room for policy rate cut

Given that inflation at the close of 2019 stayed below the central bank’s target of 8 percent with a band of ±2 percent – an outcome announced on...