Ghana to save $300 million annually for generating electricity with gas
Vice President Dr. Mahamudu Bawumia on Wednesday said Ghana would save 300 million dollars annually upon the successful completion of the reverse flow of natural gas from the Aboadze Power enclave to Tema for power generation. The move, he said, would make the country self-sufficient in using gas for electricity generation and minimise the importation […]
'A Solid Foundation is being laid; Ghana’s Future is Bright' – Veep Dr. Bawumia
The Vice President, Dr. Mahamudu Bawumia, has assured the nation that, the strong macro and microeconomic fundamentals arising from innovative policies and programmes implemented over the last two years have placed Ghana in a strong economic position and made the future very promising. The Nana Akufo-Addo government, according to Vice President Bawumia, has undertaken major […]
Veep Dr. Bawumia rejects claims BoG injected $800 million Cedi to save Cedi depreciating
Vice President Dr. Mahamudu Bawumia says the Bank of Ghana (BoG) did not spend any reserves to revive the cedi following the initial depreciation. He dispelled rumours that the BoG injected about $800 million into the company to save the depreciating cedi. According to Dr. Bawumia, the continuous cedi depreciation at the end of March […]
The indicators show we’re doing better – Veep Dr. Bawumia
Vice President Dr. Mahamudu Bawumia, addressing a Town Hall on the economy, Wednesday, said virtually all the economic indicators are posting positive results – a stable macro-economic environment to support an inclusive transformation agenda to ensure social equity. The performance of the fundamentals, including the inflation rate, gross debts, Gross Domestic Product (GDP) growth, he […]
Ghana’s Parliament ratifies Petroleum Agreement Bill
Ghana’s Parliament has ratified the Petroleum Agreement by and among the Government of the Republic of Ghana, the Ghana National Petroleum Corporation (GNPC), ExxonMobil Exploration and Production Ghana (Deepwater) Limited and GOIL Offshore Ghana Limited in respect of Deepwater Cape Three points Block (DWCTP) Offshore the Republic of Ghana in accordance with Article 268 of […]
Speech by Veep Dr. Bawumia at EMT Town Hall Meeting
State of the Economy Master Final PDF 03 04 2019 (1)
Court grants Radio Host, 'Mugabe' Gh¢50,000 bail
An Accra Circuit Court has granted Salifu Maase aka Mugabe, a radio show host, bail in the sum of 50 thousand with three sureties. The court, presided over by Mrs. Eva Bannerman Williams, granted the radio show host bail following an application for bail by his counsel, Godwin Edudzi Tamakloe. Mugabe Maase was charged with […]
Policeman who allegedly assaulted Ghanaian Times reporters granted bail
The Police Officer who allegedly assaulted three Ghanaian Times journalists has been granted bail in the sum of six thousand cedis with a sureity. The accused officer, Sergeant Ebenezer Akrofi was charged with seven counts. He was charged for careless and inconsiderate riding, use of motor bike without license, use of motor bike without insurance […]
Gandawii citizens appeal for help to complete Health facility
The Chief of Kandia, Kuoro Bamula Basinjia Chieminah has appealed to stakeholders in the health sector to go to the aid of the community to help it complete 4 rooms they started as part of efforts to provide accommodation for critical health staff. The chief said although their request for the Sorbelle CHPS compound to […]
Veep Dr. Bawumia attributes recent free fall of cedi to IMF program
Vice President Dr. Bawumia has rejected claims by the opposition National Democratic Congress, (NDC) that recent depreciation of the cedi is due to weak economic fundamentals. Addressing a Town Hall meeting in Accra, the Vice President noted that the economic fundamentals are stronger than its inherited. He said the worse performance of the NPP government […]
