President Nana Addo Dankwa Akufo-Addo has proposed that 30 per cent of Africa’s sovereign reserves held in foreign banks be invested in the continent’s financial institutions. “We should decide that a minimum of 30 per cent of the reserves of each one of us, should, be invested in the multilateral institutions,” he said, citing the […] The post Thirty
In the intricate dance of financial management, personal or business, understanding your position and predicting future stability is paramount. The “run rate” concept finds its roots deep within financial analytics but extends its branches far and wide into personal and business finance. At its core, the run rate acts as a beacon, guiding individuals and […] The post The
A student’s vow to overthrow one of Africa’s last ruling monarchs faces a roadblock: his own father, a soldier sworn to protect the throne.
Idris Elba and Dr Bawumia Vice President Dr. Mahamudu Bawumia engaged in a dialogue with acclaimed actor Idris Elba and his team at Jubilee House, Accra, to explore avenues Read More... The post Bawumia, Idris Elba Dialogue About
The Director of Sports at the University of Ghana, Dr. Bella Bello Bitugu, has expressed anticipation for Citi TV’s National Invitational Schools Athletics Championship scheduled from February 24-28, 2024. The five-day event will take place at the renovated University of Ghana stadium with over 2000 student-athletes from over 40 senior high schools such as St. […] The post We’ll
By Kizito CUDJOE The Senior Minister of Cambodia and President of the Anti-Personnel Mine Ban Convention, Dr. Ly Thuch, has called for action to encourage the remaining non-state parties in Africa – Egypt, Libya and Morocco – to join the Anti-Personnel Mine Ban Convention or Mine Ban Treaty. This is seen as a crucial step […] The post African
By Abdallah Kassim TIJANI Data has become the secret weapon that has propelled the growth of the digital economy in the current digital era. Much like oil was formerly thought to be the lifeblood of countries, data is currently the most important component in driving global industry transformation and economic growth. The World Economic Forum […] The post Data is the
By Barry EICHENGREEN For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target. This recent episode of above-target inflation now shows signs […] The post The
It appears the debate on which political party better manages the Ghanaian economy has been settled, as US-based Ghanaian economist, Prof. Dennis Nsafoah, says he hasn’t observed any significant difference after analysing economic data from 1992. The New Patriotic Party (NPP) has consistently claimed that it manages the Ghanaian economy better when in power compared […] The post Better
Deputy Director of the National Sports Authority, Bawa Abdul Majeed, has revealed that the government’s plan for the recently inaugurated Borteyman Sports Complex involves transforming it into a sports development hub following its role as the venue for the 13th African Games. This strategic move follows the successful commissioning of the multipurpose complex, marking Ghana’s […] The post 13th
Banking consultant, Dr. Richmond Atuahene, has called on the government to provide more affordable funds to private sector players to help stimulate the country’s economy. He stated that this approach would enhance the Gross Domestic Product (GDP) and promote economic stability. During an Investment Dialogue on Citi TV on Thursday, Dr. Atuahene pointed out that […] The post ‘Give
Zenith Bank has reaffirmed its commitment to the real economy, as evidenced by a slew of measures geared toward empowering Micro, Small and Medium Enterprises (MSMEs) in the country, a move which it describes as ‘true banking’. This renewed dedication was announced by its Managing Director and Chief Executive Officer, Henry Onwuzurigbo, and comes on […] The post Zenith
On January 28, Niger, Mali and Burkina Faso announced their withdrawal from the 15-member Economic Community of West African States (ECOWAS) – from which all three had been suspended following the military coups that overthrew their democratically elected governments. This represents the greatest crisis the bloc has faced since its establishment in 1975. The three […] The post
Togbe Afede XIV, the Agbogbomefia of Asogli, has been invited to be a “distinguished panelist” at Harvard’s Africa Development Conference (ADC), set to take place on the 12th and 13th of April 2024 at Harvard University in Cambridge, Massachusetts. ADC stands as the premier global platform for meaningful discourse on Africa’s development and facilitates crucial […] The post
According to the Global Risks Report, some of the most severe risks the world may face over the next decade against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict is one that would not easily rebound from continued shocks. As cooperation comes under pressure, weakened economies and societies may only […] The post
The NPP is at a crossroads! In nearly eight years in power, the party has presided over “a boom and bust economy.” The party is fighting for its political life as it seeks to break an eight-year electoral cycle. And the person charged with turning this apparent impossibility into a possibilityis its flagbearer, Dr. Bawumia. […] The post Bawumia’s
The American Bible University, located in Houston, USA, recently recognized the exceptional leadership qualities, humanitarian efforts, and divine activities of Oseadeeyo Nana Kumi Kodie I, the President and Founder of Dadaba Group and Development Chief in Akyem Osiem. The renowned philanthropist is known for his contributions and support to the needy through his NGO, the […] The post American
The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is calling on the government to adopt the US Inspector General (IG) system to help effectively fight corruption. Commenting on the New Patriotic Party’s flagbearer, Dr. Mahamudu Bawumia’s address on his vision to Ghanaians on Wednesday, February 7, Dr. Kwakye said […] The post Ghana
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