Business & Economy

The challenges confronting operations of Greater Accra’s Aayalolo Bus Service have been blamed on a decision by the previous government to acquire too many buses, well in excess of what was recommended by the World Bank. And the Daily Statesman has learned that too many employees were recruited ‒ drivers and drivers’ mates as well as administrative personnel ‒ in a mad pre-election rush to create jobs, without regard to business principles and practice.

Ghana is readying herself to tap in to billions of dollars in revenue which the Economist Intelligence Unit projects that the African e-commerce market can attract.

A team from the International Monetary Fund (IMF) has lauded Ghana for its transformational and economic development programmes, saying macroeconomic stabilization is ongoing, with growth prospects remaining positive, supported by strong oil production.

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