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The path to returning Ghana onto the path of progress and prosperity, he indicated, is being pivoted by the revival of the Ghanaian economy.

With the majority of jobs in Ghana created by the private sector, the President indicated that “if the private sector does not have the strength to be able to operate and grow, it becomes difficult to create jobs. So our attitude has been that, let us do whatever we can to strengthen the private sector in Ghana to work and create jobs, especially for our young people in Ghana.”

The United States Embassy in Accra is literally begging the national power supply company to sit with them so that they will settle unpaid bills of 2 years.

The Embassy took to their twitter handle to explain circumstances surrounding its alleged indebtedness to the Electricity Company of Ghana (ECG).

Ghana’s sector minister had made comments to the effect that the Embassy owed the ECG, ‘‘The U.S. Embassy in Ghana has not refused to pay any electricity bills. We have been asking for official bills,’‘ one of the tweets read.

The Ghana Bar Association says it was shocked by the release of some eight members of pro-NPP vigilante group, Delta Force, who were being tried for attacking a court.

GBA Vice President, Tony Forson told Joy News Wednesday, the Association has decided to study the judge’s ruling to understand what led to the decision.

He said GBA is still committed to its earlier statement that the eight men should be prosecuted for disrupting justice.

Accra, May 17, GNA - Ghana has been described as an important development partner of China on the African continent.
“Since the establishment of diplomatic relations between Ghana and China 57 years ago, the two countries have enjoyed fruitful cooperation in the economic and trade fields, bringing tangible benefits to people of the two countries.”

Sun Baohung, Chinese Ambassador to Ghana, said this at the opening ceremony of the China Trade week in Accra on Wednesday.

Tullow Oil says plans are underway to resume drilling next year to boost output at its Tweneboa, Enyenra, Ntomme (TEN) field once the maritime dispute between Ghana and The Cote d’Ivoire is resolved.

Mr Charles Darku, the Tullow Ghana Managing Director, told shareholders on Wednesday that the drilling of the new wells would help increase production to 80,000 barrels a day from the current expected level of 50,000 barrels for 2017.

Ghana may export power to neighbouring countries by 2020 if current reforms in the energy sector are completed, Energy Minister, Boakye Agyarko has said.

The Minister said the country could be generating in excess energy capacity of 1,700 megawatts because of the many power plants being installed.

Speaking on the final day of the National Policy Summit 2017 at the Accra International Conference Centre Tuesday, the Minister said the excess power will be exported for the money to be invested in other sectors of the economy.

The Vice President, Dr. Mahamudu Bawumia, has indicated that the national digital address system will be rolled out by July 2017.

In his announcement at the National Policy Summit on Monday, Dr. Bawumia stressed that the role of an address system in Ghana was mostly underestimated, but had the potential to be a key component for the growth of the economy

Government has revealed plans to anchor industrialization in the country on the establishment of ten new industrial parks.

According to Minister for Trade and Industry, Alan Kyerematen, each of the ten regions would have one park with the requisite facilities and flexible land schemes to facilitate the setting up of industries.

This initiative which draws heavily on similar models from Asia, is expected to create thousands of jobs for Ghanaians.

The European Union has said it remains committed to the economic development of Ghana.

EU Ambassador to Ghana, William Hanna said the Union will continue its development cooperation with the new government focusing on sustainable development.

At the Europe Day reception in Accra last Tuesday, Mr Hanna said the EU’s bilateral and development programmes will be coordinated to promote prosperity among Ghanaians.

“This year, more and more, we are hearing the phrase ‘Ghana beyond Aid’ [and] I am encouraged by this concept,” he said.

Government will take measures to protect local businesses from foreign competitors, the Finance Minister, Ken Ofori Atta has said.

In response to concerns raised by the President of the Association of Ghana Industries , James Asare Adjei on competition from foreign investors at the maiden National Policy Summit, the Minister said there should be no apologies over government’s desire to see local companies flourish at the expense of foreign ones.