News & Blogs

CAIRO, March 23 (Reuters) – Egypt has asked for the International Monetary Fund’s support to implement a comprehensive economic programme, the IMF said on Wednesday. Continued exchange rate flexibility would be essential to absorb external shocks, it said in a statement. The IMF is working closely with Egyptian authorities to prepare for discussions with a […]

Royalty payments due the Government of Ghana from non-gold minerals such as manganese, salt, limestone and quarrying activities are set for an upturn due to an inter-agency collaboration framework and task force initiated by the Minerals Income Investment Fund (MIIF). The framework is part of the strategic thrust of MIIF to enhance the collection of royalties, expand the […]

The Electricity Company of Ghana, ECG has cut off power supply to some parts of the Kotoka International Airport. According to reports power was cut to Terminal 3 of the Kotoka international Airport and other offices of the Ghana Airports Company over unpaid bills. The Kotoka International Airport owes the Electricity Company of Ghana (ECG) to […]

Tackling illicit financial flows (IFFs) is a matter of survival for Africa’s development and must be treated with urgency. There is broad consensus that the funds being bled out of Africa, could be channeled towards the continent’s development if successfully retained. According to the Economic Development in Africa Report 2020PDF by the UN Conference on Trade and […]

As the blame game between the Nigerian National Petroleum Company (NNPC) Limited and 4 oil trading companies on who is responsible for the importation of the contaminated petrol rages on, the fuel scarcity appears to have persisted in Nigeria’s commercial nerve centre, Lagos and the country’s administrative capital, Abuja. This is despite assurances from NNPC […]

CARE International in Ghana and Integrated Social Development Centre (ISODEC), have engaged the Parliamentary Select Committee for Local Government, Decentralization, and Rural Development on the Ghana Strengthening Accountability Mechanism (GSAM) Activity. The GSAM is an eight-year USAID-funded project seeking to improve accountability, transparency and performance at the local government level by strengthening the Government and […]

ISODEC hosts Burkinabe Delegation. The group is in Ghana on a study visit, to learn from Ghanaian CSOs’ experiences and best practices in extractive sector advocacy. ISODEC took the opportunity to share some of the country’s challenges in unleashing the development potential of the country’s mineral resources, and how the lessons learnt are shaping the […]

Ghana will receive a 20% free equity share for gold refined locally when Royal Gold Ghana Limited begins operation this year. Currently, all the gold produced by mining companies in the country are refined outside, therefore, the government gains nothing from gold refined abroad. In that vein, the government entered into a public-private partnership with an Indian company, Rosy Royal Limited, to […]

Economist at the University of Ghana Business School, Prof Godfred Bokpin fears that government’s flagship Free Senior High School (SHS) policy will deepen the inequality gap in the country. A report by Oxfam Ghana has revealed that Ghana is currently failing in its quest to minimize inequality, especially in the areas of health, employment, wages […]

President Nana Addo Akufo-Addo has stressed the need for a measured approach to tackling climate change in poorer countries. In his address to world leaders at the ongoing COP26 summit in Scotland, President Akufo-Addo argued that countries like Ghana could not afford to forgo the exploitation of natural resources in favour of protecting the environment. […]