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Day: September 28, 2023

Cedi depreciation hikes Ghana’s debt

Ghana’s debt stood at GHS575.5 billion in June, representing 71.9 per cent of Gross Domestic Product (GDP) as of the first half of 2023,according to Bank of Ghana (BoG). A summary of Economic and Financial Data of the Central Bank shows a GHS27.7bn in…

Banks urged to avoid financing climate-related risk projects

Dr Ebenezer Ashley, Head of Research, Media Intelligence and Market Conduct, Ghana Association of Bankers (GAB) has urged banks to avoid financing projects with climate-related risk. They should support initiatives that promote best practices in renew…

Explore economic prospects in Ada – DCE urges investors

Madam Sarah Dugbakie Pobee, District Chief Executive (DCE) of the Ada East District Assembly, has urged local and foreign investors to explore the vast economic prospects in the area. She said the Ada enclave, including the nearby township of Sege, wa…

Breathing to death

Stephen Mends, a security officer with one of the utility companies, is counting his days. This is not because of he being on a death roll, or a doctor numbering his days from a terminal illness. It is rather due to the daily inhalation of a cocktail …