Premix fuel subsidies cost govt GH₵1.2bn in 8 years
Government has spent a whopping GH₵1.2 billion (GH₵1,204,511,952) as subsidy on premix fuel to cushion fishermen across the country.
2014-2021
The amount was spent between 2014…
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Rising cost of living is a global crisis
Rising energy prices, rising food costs and supply bottlenecks have pushed countries into a high cost of living crisis around the world.
Global inflation hits a 25-year high
As…
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GRA rakes in GH¢57.32bn, exceeds target by GH₵265.39m
Despite the negative impact of COVID-19 pandemic on businesses in the country, the Ghana Revenue Authority (GRA) exceeded its target for the year by collecting about GH¢57.32 billion in…
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Pastor Otabil admonishes Africa to occupy its rightful place
General Overseer of the International Central Gospel Church (ICGC) Pastor Dr Mensa Otabil has prayed for God’s protection for the nation’s Executive, Legislature and Judiciary.
He…
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Food prices record significant increases in 4th quarter of 2021
Most markets monitored across Ghana have recorded significant increases in food prices in the fourth quarter of 2021 compared to the same period in 2020.
28.1% hike in food prices…
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11 major crops production projected to increase by 4.1m tonnes
The Ministry of Food and Agriculture (MoFA) estimates that the production of 11 major food crops will go up by additional 4.1 million (4,113,436) metric tonnes in the 2021/2022 crop…
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BoG approach can’t tame inflation – IEA
THE Institute of Economic Affairs (IEA) says the IT framework being used by the Bank of Ghana (BoG) cannot provide a lasting solution to Ghana’s inflation problem.
According to the…
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1,299 drivers without licence arrested by Ghana police
Some 1,299 drivers across the country were apprehended by the Motor Traffic and Transport Department (MTTD) of the Ghana Police Service (GPS) for operating without licence.
These…
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Ghana records 1,446 floods that killed 510 in 6 years
Data compiled by the National Disaster Management Organisation (NADMO) has revealed that flooding in Ghana killed 510 people and injured 309 others between 2015 and 2020.
1,446 flood…
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MTN Group CEO says economic challenges will not affect Ghana investment
MTN Group President and Chief Executive Officer (CEO) Ralph Mupita says current difficult conditions will not reduce MTN’s appetite to invest in Ghana.
According to him, the company…
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