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Business activities paralyzed in Kumasi by voting

Business and commercial activities in Kumasi, the nation’s second largest city, had been completely paralyzed as people streamed to the polling centres to vote in the presidential and parliamentary elections. The normal hustle and bustle at the Central Market and the Adum Business District was virtually absent as the shops …

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Japan to fund new bridge over Volta River

The Japanese government will fund the construction a new bridge over the Volta River on the Eastern Corridor Road Development Project. This follows the signing of a loan agreement amounting to 11.239 billion Yen (about $100 million) between Ghana and that country under the Japanese Official Development Assistance (ODA, popularly …

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Ghana and Japan sign $100m loan agreement

Ghana has signed a $100-million (11,239 billion Yen) loan agreement with the Japan International Co-operation Agency (JICA) for the construction of a 540-metre long cable-stay steel bridge over the Volta River at Volivo and Dofor Adidome in the Volta Region. The agreement marks the resumption of the Yen loan Scheme …

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Gov’t targets 8% growth rate next year

President John Mahama has once again assured the nation that the economy will recover after it increased revenues and took tough measures to limit public sector wages and spending.Some of the measures were taken as part of the programme with the International Monetary Fund.According to President Mahama, the economy is …

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Ghana and Denmark sign 7.84 million Euro agreement

Ghana has signed a 7.84 million Euros mixed credit facility agreement with the Nordea Bank of Denmark for the establishment of an Environmental Monitoring Laboratory at the University of Mines and Technology (UMaT). The Environmental Monitoring Laboratory is to promote teaching and research for the UMaT and the establishment of …

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