News

Tribunal to hear Ghana, Cote d’Ivoire dispute Feb 6-16

court

  Hearing of the dispute concerning the delimitation of the maritime boundary dispute between Ghana and Côte d’Ivoire in the Atlantic Ocean has been scheduled for hearing from February 6 to 16, 2017. The President of the Special Chamber constituted to deal with the dispute, Judge Boualem Bouguetaia, will preside over the hearing. Other members of the panel are judges ...

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Business booms at Asantehemaa’s burial

business

A number of companies and individuals have taken advantage of the four-day burial rites for the late Asantehemaa, Nana Afia Kobi Serwaa Ampem II, to make commercial gains. Prominent among the businesses are dealers in native sandals, locally known as ahenema, who have moved their businesses to the precincts of the Manhyia Palace where the burial rites are being held. ...

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Mohamed Aboutrika: Egypt adds ex-footballer to terror list

aboutrika

Egypt has added ex-football star Mohamed Aboutrika to a terror list for his alleged links with the banned Muslim Brotherhood, his lawyer says. Mr Aboutrika is accused of financially supporting the Brotherhood, which Egypt considers a terrorist organisation. In 2012, he endorsed the successful presidential bid by Mohamed Morsi, a Brotherhood member. The move by the 2008 BBC African Footballer ...

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Redeem your promises – Volta Fisherfolk to Akufo-Addo

fishing

Fisher-folk in the Volta Region are calling on the new government to redeem its campaign promise of protecting the shores and enhancing their livelihood. Despite the huge export potentials and high local demands, the fishing industry in Ghana has over the years suffered stock depletion as a result of poor fishing methods and in some cases sea erosion, which destroys ...

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Economist predicts single digit inflation in the medium term

inflation

Economist Professor Godfred Bokpin has predicted of a drop in inflation to single digits in the short to medium term t follows what he describes as weak volatilities with the main price drivers of inflation such as utility prices and transport fares. “As a result the major drivers do not exhibit higher volatility going forward and for which reason I ...

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2016 First half petroleum revenue drops by 50%

ghana-oil

Ghana’s revenue from the petroleum sector for the first half of last year dropped by over 50%. The figure declined from US$274.47 million in 2015 to US$126.41 million for the same period last year. This translates to a 55% reduction in revenues when compared to total petroleum receipts during the same period in 2015 (US$274.47 million) but 4% better than ...

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Government will in the first quarter of 2017, borrow 17,400.00 million cedis through bonds and treasury bills and other government securities.

ghana-money

  The cash will be used rollover forecast maturities, meet Government’s financing requirements and build buffers for liability management. Of this 15,504.43 million cedis will be used to rollover forecast maturities and the remaining 1,895.57 million cedis will be used to meet Government’s financing requirements and build buffers for liability management. A statement issued by the central bank and signed ...

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IPLI urges youthful appointees not to repeat mistakes of their predecessors

akuffo-addo

  The Issachar Prophetic and Leadership Institute, (IPLI), has asked youthful appointees in President Nana Akufo-Addo’s administration, to tread cautiously and avoid repeating mistakes of other young appointees under the John Mahama led National Democratic Congress (NDC) administration. According to the President of the Institute, Apostle Selassie Addae, the avoidance of such mistakes will make them successful in their quest ...

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