Financial analyst Kofi Arkaah believes the Bank of Ghana may maintain the monetary policy rate several times this year during its Monetary Policy Meetings. He pointed out that 2024 is an election year, which will likely lead to increased spending and potentially a slight rise in inflation, hence his prediction. The BoG, on Monday, January […] The post BoG
Financial analyst Kofi Arkaah believes the Bank of Ghana may maintain the monetary policy rate several times this year during its Monetary Policy Meetings. He pointed out that 2024 is an election year, which will likely lead to increased spending and potentially a slight rise in inflation, hence his prediction. The BoG, on Monday, January […] The post BoG
Deputy Minister Designate for Works and Housing, Dr. Prince Hamidu Armah, is urging the government to prioritize the completion of the Saglemi housing project. He emphasized that once state funds have been invested in the construction, it is imperative to finalize the project. The Saglemi Housing Project, which commenced in 2016, has experienced delays after […] The post We’re
An alumnus of Sogakofe Senior High School (Sogasco) and National Democratic Congress parliamentary candidate for South Tongu, Maxwell Lukutor, is calling for punitive action against students arrested on charges of vandalizing school properties. Eight persons, including four students of the Comboni Technical Institute (Combotech) and four former students of the same institute, were arrested on […] The post Sogasco
Manager of multiple award-winning Dancehall artiste Shatta Wale; Sammy Flex, has defended the artist’s performance at the 13th African Games opening ceremony, despite criticism about miming. Shatta Wale together with Ghanaian artiste King Promise and South African artiste Kemo Mpela performed at the prestigious African Games opening ceremony on Wednesday, March 8 at the University […] The post 13th
Collins Adomako-Mensah, the Deputy Minister Designate for Energy, has expressed his view that privatizing the retail segment of the Electricity Company of Ghana (ECG) could significantly improve its billing system. However, he cautioned against the complete privatization of the company, arguing that it would not be a wise decision. Speaking before Parliament’s Appointments Committee during […] The post Privatising
Majority Leader Alexander Afenyo-Markin has rebutted claims by the Minority regarding the government’s tax waiver requests for businesses under the One District One Factory initiative. Despite opposition from the Minority, who raised concerns about potential corruption and misuse of public funds over the proposed $449 million tax exemptions, Afenyo-Markin defended the initiative during his debate […] The post Afenyo-Markin
Financial analyst, Kofi Arkaah has forecasted challenges for the forthcoming government in addressing issues plaguing the energy sector. He expressed concern over Ghana’s energy sector debts and predicted that the next administration would encounter significant obstacles in various economic sectors. For several weeks, parts of the country have been grappling with erratic power supply, colloquially […] The post Financial
Justice Srem-Sai, Senior Lecturer at the GIMPA Law Faculty, has voiced concerns over President Akufo-Addo’s handling of the Human Sexual Rights and Ghanaian Family Values Bill, commonly known as the anti-LGBTQ+ bill. Srem-Sai asserts that the President’s decision to defer assent to the bill violates constitutional principles. President Akufo-Addo, in a recent engagement with members […] The post Akufo-Addo’s
US congressional offices have told the BBC they are being deluged with calls from TikTok users about legislation that could see the popular app banned. Callers range from teenagers to the elderly, and most are “really confused and are calling because ‘TikTok told me to'”, one Republican staffer revealed. A Democratic staffer said the most […] The post Desperate
Medical practitioners at the Komfo Anokye Teaching Hospital have raised concerns about a surge in the number of stroke cases recorded annually at the facility. Neurologists at the hospital report that the hospital records about 1000 cases annually, a figure that represents a 500% increase as compared to previous years. This surge has called for […] The post KATH Doctors
Haiti’s Prime Minister Ariel Henry has resigned, according to Mohamed Irfaan Ali, Guyana’s president and the current chair of the Caribbean Community (CARICOM). The 74-year-old Henry tendered his resignation after CARICOM leaders held an emergency summit on the situation in Haiti where gang-led violence amid repeatedly postponed elections has caused chaos. “We acknowledge his resignation […] The post Haiti’s
John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has unveiled a comprehensive strategy aimed at enhancing water accessibility in Accra. With Accra grappling with recent water shortages which Ghana Water Limited has attributed to Accra’s burgeoning population, Mahama addressing the regional house of his chiefs during his Building Ghana Tour stressed the […] The post I’ll
The Ghana National Fire Service (GNFS) has raised concerns about the lack of fire tenders in Weija and Kasoa, posing a potential threat to residents in these areas. The Fire Service emphasizes that in the event of a fire outbreak, the affected residents would face serious challenges. ADO1 Alex King Nartey, the Public Relations Officer […] The post There’s no functional
Financial Analyst, Kofi Arkaah, has expressed scepticism regarding the consistent claims made by government officials that Ghana’s economy has turned the corner. President Nana Addo Dankwa Akufo-Addo, in his Christmas message on December 25, 2023, and the 2024 budget announcement, indicated a positive economic shift after three challenging years. In an interview on Citi TV’s […] The post Ghana’s
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