Gov’t Get World Bank’s $79m To Boost Industrial Parks

Government is set to invest $79 million from the World Bank-funded Ghana Economic Transformation Project, to support the development of Industrial Parks and Special Economic Zones being developed by private sector investors and the Trade Ministry. The package is part…

Gov’t Launch Gurus To Investigate Cedi Fall, Arrest The Dollar

The Finance Ministry has inaugurated a committee to look into the causes of the depreciation of the local currency and propose solutions to the problem. The establishment of the committee, named the FX Development Committee, is a fulfilment of a…

EU Considers Ban Of Up To Five Years

The European Commission has revealed that it is considering a ban on the use of facial recognition in public areas for up to five years. Regulators want time to work out how to prevent the technology being abused. The technology…

Faulty Transmission Line Cause Of Friday Power Cut — GRIDCo

The Ghana Grid Company Limited (GRIDCo) has blamed a fault on its Tema-Accra transmission line for the outage experienced in parts of the country on Today Friday, January 17. It said the fault resulted in its generation facilities tripping and…

WAPCo To Begin Cleanup, Inspection Exercise Of Offshore Pipeline

Energy Ministry says the West African Gas Pipeline Company Limited (WAPCo), operators of the West African Gas Pipeline (WAGP), will commence a cleanup and inspection exercise of its offshore pipeline from Nigeria to Ghana. In a statement signed by the…

Blazing The Trail Of Quail Farming; Filmmaker Ventures Into Farming For Export

Barely a year ago, Mirabel Allassani ventured into the quail farming business; she is looking at expanding the business by producing more for the international market. Mirabel is a graduate of NAFTI and a filmmaker. According to her, she has…

Receivers Take Over GHS16.56bn Loans

Total loans taken over by the Receivers of the nine collapsed banks have amounted to GHS16.56 billion, the Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said. However, the total proceeds recovered up to date are above…

China Posts Weakest Growth In 29years As Trade War Bites

China’s economic growth cooled to its weakest in nearly 30 years in 2019 amid a bruising trade banter with the United States, and more stimulus is expected this year as Beijing tries to boost sluggish investment and demand. But data…

ECG To Tackle Power Thieves

The Electricity Company of Ghana (ECG) says the activities of power thieves are having a heavy blow to its operations and robbing it of huge sums of money. General Manager of the Revenue Protection Unit at ECG, Michael Twum Barimah…

British Airways Launches 2020 Special Offer

British Airways on Wednesday launched its New Year special travel package with fares from Accra to London starting from $579. The offer includes flights to New York via London, with fares starting from US$959. The offer runs until January 29,…