Business

Economic recovery will be prolonged – BoG

The Bank of Ghana (BoG) has expressed fears that economic recovery from the havoc wreaked by the COVID-19 pandemic will take longer than initially anticipated. It said although economic activities had picked up quite well following contraction in the second and the third quarters of last year, the resurgence in the pandemic earlier this …

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AfCFTA will revive coronavirus-hit Africa – Akufo-Addo

President Nana Addo Dankwa Akufo-Addo has said the implementation of the African Continental Free Trade Area (AfCFTA), will put African countries back on track after being hit by coronavirus pandemic. According to him, the African trade deal will be a game-changer because it has the potential to stimulate intra-Africa trade …

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Bui Power Authority gets mandate to develop renewable energy

Parliament has enacted the Bui Power Authority (Amendment) Bill 2020 to empower the Bui Power Authority to develop renewable energy and other clean energy alternatives in the country. Explaining the bill’s rationale to the House, Energy Minister John Peter Amewu said the government in 2007 established the Bui Power Authority through …

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Ken Agyapong lists Duffuor’s over GH¢2b alleged properties acquired using uniBank depositors’ money

Kennedy Agyapong, the Assin Central MP, claims Dr. Kwabena Duffuor, the former Minister of Finance and owner of uniBank spent over two billion cedis on properties using uniBank depositors’ money. The properties which in total costs $477,934,650.00 (GHC2,112,960,000.00) were acquired in various parts of the country. According to him, Dr …

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