The Director of Research at the Institute of Economic Affairs |(IEA) Dr John Kwakye has told the government to declare an immediate national emergency to rescue the Cedi. Dr Kwakye says that the significant cedi appreciation is nearly always unlikely hence the need to pool together all minds. “The rate of depreciation of the cedi […] The post Govt must
The Speaker of Parliament, Alban Sumana Kingsford Bagbin, has accused the Executive and Judiciary arms of government of working to undermine the authority of Parliament. At a press conference in Accra yesterday, the Speaker said recent developments in the legislature poses a challenge to the relevance of parliament in the democratic space. “Recent acts of … The post You’re
Focusing on grassroots organisation, and addressing the concerns of voters are key elements to ensuring electoral victory, a leading member of the New Patriotic Party (NPP) Gabby Otchere-Darko has said in relation to the victory of Donald Trump in the US elections. Mr Octehere-Darko states that Donald Trump won with all his flaws because he […] The post Trump’s
Stanbic Bank Ghana, in collaboration with Mechanical Lloyd Ghana, has donated a brand-new Massey Ferguson tractor to the Ministry of Food and Agriculture in keeping with its support for the National Farmers’ Day celebration over the past 17 years. The tractor will be presented as the second runner-up prize for at the 40th National Farmer’s […] The post Stanbic
A leading member of the New Patriotic Party (NPP) Gabby Otchere-Darko has cautioned Ghanaians against over-reading the meanings of the US elections visa vi Ghana’s elections. To him, the conditions surrounding the US elections are different from what is happening in Ghana. In a post on his X page, he said that he became aware […] The post Gabby cautions against over-reading into the US
The Greater Accra Regional House of Chiefs has congratulated the Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchway, for her election as the Secretary General to Commonwealth of Nations. The President of the House, King Professor Odaifio Welentsi III, who is also the Paramount Chief of Nungua Traditional Area in a statement issued … The post Greater
President Nana Addo Dankwa Akufo-Addo has told the newly elected President of the United States, Donald Trump that Ghana stands ready to work alongside Mr Trump and his administration. Mr Akufo-Addo said this while congratulating Donald Trump on his election as President of the United States. “Warm congratulations to you on your remarkable victory in […] The post Together,
By Kizito CUDJOE Domestic crude oil production increased by 10.7 percent in first-half 2024, reaching 24.86 million barrels (bbls). The trend, if sustained, will reverse a four-year decline in production volumes, the Public Interest and Accountability Committee (PIAC) has reported. This development marks a sharp turnaround from the 13.2 percent drop recorded during the same […] The post Crude
By Bernard Yaw ASHIADEY & Ebenezer Chike Adjei NJOKU African nations must move beyond being mere consumers of technology and deepen cross-border collaboration to drive innovation. This is according to Dr. Kenneth Ashigbey, Chief Executive Officier (CEO) of the Ghana Chamber of Telecommunications, who believes that Africa’s technology challenges present unique opportunities for continental collaboration […] The post
By Joshua Worlasi AMLANU Amid the recent upward adjustment of central bank inflation target, Ghana’s inflation has surged for a second consecutive month to 22.1 percent in October 2024. This marks a rise from 21.5 percent in September, according to the Ghana Statistical Service (GSS). This uptick underscores ongoing inflationary pressures affecting essential goods and […] The post
By Bernard Yaw ASHIADEY and Joshua Worlasi AMLANU CalBank Plc has outlined a robust strategy to recover GH¢900 million in impaired loans by the end of 2024, an ambitious goal aimed at reinforcing the bank’s financial health and enhancing shareholder value. The Bank has so far recovered GH¢712.5 million, with substantial recoveries from clients across […] The post
Absa Group has sponsored the Business Ethics (BEN) Africa Conference for the second year. The conference is taking place from 7-8 November in Accra. This year’s edition of the BEN-Africa Conference takes place at Ghana Communications Technology University under the theme “Agenda 2063 and a sustainable Africa: the role of ethical businesses”. The conference brings […] The post
The government
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