The Minister of Transport, Joseph Bukari Nikpe has charged a 10-member task force mandated to oversee the establishment of a new national airline to develop an operational framework aimed at ensuring its sustainability. The Task Force, which is chaired by a former Managing Director of the Ghana Airport Company Limited,Continue Reading
The Government of Ghana, through the Ghana National Gas Company Limited, is set to construct a second gas processing plant, popularly termed GPP2. This was announced by the Minister of Energy and Green Transition, John Abdulai Jinapor, at the Africa Energy Forum as part of the 2025 Offshore Technology ConferenceContinue Reading
The State Housing Company Limited (SHCL) on Monday, May 5, 2025, received a monitoring team from the Parliamentary Select Committee on Works and Housing, which toured key ongoing housing projects in Pokuase, Amrahia, and Adenta. The team, led by Vincent Oppong Asamoah, MP for Dormaa West and Chair of theContinue Reading
Inflation for the month of April 2025 slowed marginally to 21.2 percent from 22.4 percent in March. The drop was influenced by decline in food and non-food inflation compared to the same period for last year. Speaking at News Conference in Accra today, new Government statistician Dr. Alhassan Iddrisu notedContinue Reading
Gabonese President, General Brice Clotaire Oligui Nguema, has conferred the nation’s prestigious honour, Commander in the National Order of Gabonese Merit, on Tony Elumelu, Group Chairman of United Bank for Africa (UBA) Plc and Founder of the Tony Elumelu Foundation. The award recognises Elumelu’s significant contributions to Africa’s economic development,Continue Reading
Dr Kenneth Ashigbey, Chief Executive Officer of Ghana Chamber of Telecommunications, says Ghana recorded 5,600 fibre optic cable cuts in 2024. This widespread damage resulted in an estimated cost of US$9.2 million, equivalent to over GH¢138 million for the sector. The CEO made these remarks at the 24th edition ofContinue Reading
The Ghana Ports and Harbours Authority (GPHA) has commissioned 15 brand-new SINOTRUK HOWO trucks into service at the Port of Tema as part of a strategic initiative to enhance operational efficiency and support increasing cargo volumes. The fleet includes 12 trucks rated at 430 horsepower and three at 400 horsepower,Continue Reading
The World Bank has cautioned that commodity prices are set to fall sharply this year, by about 12%. The Bretton Woods institution attributes this to weakening global economic growth. This could have some implications for government’s projected revenue from the export of oil and gold in the 2025 budget. InContinue Reading
Trade activity in the secondary bond market edged up 0.52% week-on-week to GH¢1.15 billion, from last week’s GH¢1.14 billion. This was supported by month-end rebalancing and improving sentiment. Activity was broadly spread across the LCY curve, with the August 2027 and February 2036 papers driving 39% of total volumes. TheContinue Reading
A new study has revealed that fully electrifying Ghana’s road transport fleet could slash the country’s total greenhouse gas emissions by half, saving an estimated 13.92 million metric tons of CO₂-equivalent (MtCO₂e) annually. Published in African Transport Studies the research by Dr. Godwin Kafui Ayetor and colleagues from the KwameContinue Reading