Founding President of IMANI Africa Franklin Cudjoe has said the failure of President Nana Addo Dankwa Akuo-Addo to give a reason for removing some directors of state institutions including the Social Security and National Insurance Trust (SSNIT) is disturbing. President Akufo-Addo has sacked the Director-General of SSNIT, Dr John Ofori-Tenkorang with effect from Monday, April […] The post Removal
The World Bank (WB) is expecting an upward progression of Ghana’s Gross Domestic Product (GDP) to hit 5.0% by 2026. This follows a projected 2.9% marginal GDP growth for Read More... The post Ghana To Return To 5.0% GDP Growth – WB appeared first on
The Supreme Court has postponed its judgement on the case against FDA’s directive which banned celebrities in alcoholic advertisements. The post FDA Alcohol Ad ban: Supreme Court postpones date for judgement to April 24 first appeared on 3News.
Mr Dan Taylor, Executive Secretary, MindFreedom Ghana has stated that early intervention is key in the fight against Mental health needs to reduce mental problems. According to him, a World Health Organization (WHO) report has revealed that about 2.8 million Ghanaians have one form of mental health condition or the other, hence the need to […] The post Early intervention is key
The World Bank has identified deep-rooted inequalities as a major obstacle to Africa’s economic progress, according to its chief economist for the region. Andrew Dabalen in an interview on Citi TV’s The Point of View, pointed to a lack of essential infrastructure and limited intra-African trade as key factors limiting growth. “The speed at which […] The post Structural
Andrew Dabalen, the Chief Economist for the Africa Region at the World Bank, has expressed optimism regarding the forecasted 3.8% growth in Sub-Saharan African countries by 2025. The World Bank’s Africa Pulse Report for April 2024 anticipates growth in Africa in the coming years. The report also suggests that domestic resource mobilization and international support […] The post Africa’s
Eyewitness News, Wednesday, 10th April, 2024 The post Eyewitness News, Wednesday, 10th April, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
but faster and more equitable growth needed to reduce poverty Increased private consumption and declining inflation are supporting an economic rebound in sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters and escalating conflict and violence, according to the World Bank’s latest Africa’s Pulse […] The post
Absa Bank Ghana has announced the winners of its Assist Card Campaign at a ceremony held at the Kempinski Gold Coast Hotel, Accra. The hallmark campaign is designed to encourage and reward the use of Absa’s contactless debit and credit cards. Launched in December 2023, the campaign underscores Absa’s strategic partnership with the English Premier […] The post Absa rewards Assist
The Executive Director of the Africa Center for Energy Policy (ACEP) Ben Boakye has asked civil society organisations (CSOs) and Ghanaians, in general, to be vigilant and ensure that the ongoing programme with the International Monetary Fund (IMF) works for the people. To him, playing an effective watchdog role by CSOs will ensure that the […] The post IMF deal: Let’s be vigilant to
The Executive Director of the Africa Center for Energy Policy (ACEP) Ben Boakye has asked civil society organisations (CSOs) and Ghanaians, in general, to be vigilant and ensure that the ongoing programme with the International Monetary Fund (IMF) works for the people. To him, playing an effective watchdog role by CSOs will ensure that the […] The post IMF deal: Let’s be vigilant to ensure
Deputy National Youth Organiser of the opposition National Democratic Congress (NDC) Osman Ayariga has petitioned the Special Prosecutor to look into suspected acts of corruption at the Scholarship Secretariat. The former President of the National Union of Ghana Students (NUGS) is seeking to invoke the OSPs’ jurisdiction under Sections 2(a), 3(1)(g) and 79 of The […] The post Former
Balancing the demands of school attendance with the weighty responsibility of caring for younger siblings is a significant challenge facing many young girls in some parts of the Northern Region. This delicate juggling act not only strains their ability to excel academically but also casts dark shadows over their future. The struggle to fulfill familial […] The post Dreams
Executive Director of the African Centre for Energy Policy (ACEP) Benjamin Boakye has observed that the award of large-scale contracts by the government presents a huge change to the country when it comes to corruption. He explained that sole-sourced contracts make it difficult to track efficiency in government spending and also value for money. Those […] The post Sole sourcing large
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, is wondering how the commercial banks are going to break even and increase lending to the private sector vis-a-vis the Bank of Ghana’s higher cash reserve requirement for commercial banks. To him, the higher cash reserve requirement for commercial banks. counterproductive […] The post How
The Electoral Commission of Ghana has announced that candidates who wish to participate in the by-election to be held in the Ejisu Constituency will be required to pay a filing fee of ten thousand Ghana Cedis (GHC10,000). This is contained in a press release dated April 9, 2024. “A Candidate shall at the time of […] The post Ejisu Parliamentary by-election: Candidates
Eyewitness News, Tuesday, 9th April, 2024 The post Eyewitness News, Tuesday, 9th April, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
When a person provides his or her legitimately or illegitimately acquired funds or assets for terrorist activities or organizations the person will be financing terrorism, the Bank of Ghana (BoG) has said. The central bank said financing of terrorism is a crime and is punishable by law therefore people should be careful they do not […] The post Becareful you do not
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS