The Ministry of Youth and Sports has bemoaned the Black Stars’ poor performance at the 2023 AFCON in Cote D’Ivoire. In the statement the Sports Ministry expressed massive disappointment over the Black Stars’ failure to progress from the group stage for the second consecutive AFCON edition. The Black Stars lost 1-2 to Cape Verde and […] The post Sports
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
In a ground-breaking collaboration, Oxford Business Group (OBG) and the Africa Prosperity Network (APN) are joining forces to spearhead the APN initiative to identify and address bottlenecks in manufacturing, adding value, and trading within the African continent. This strategic partnership signifies a commitment to shedding light on Africa’s economic landscape, particularly in Ghana and the […] The post Oxford
as inflation eats away 92% of currency’s value since 2007 The cedi’s struggle to maintain value beyond the short term continues to raise concerns about the economy’s long-term transformation, financial expert Adjei Boateng has said. Mr. Boateng, a chartered financial analyst (CFA), highlighted the cedi’s significant devaluation, losing 91.6 percent of its value since the […] The post
The World Bank has approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring macroeconomic stability and […] The post
Julius Malema, the Commander-In-Chief of the Economic Fighters Front (EFF), is set to arrive in Accra on 23rd January 2023, for a significant dialogue with the youth of Africa. The event, organized by AriseGhana, aims to provide Ghana’s youth with an opportunity to learn from Malema’s fervent activism and radicalism, as well as his unquenchable […] The post Julius
The Ogun State Police Command on Monday said that its operatives on Sunday arrested 30-year-old Olubunmi Ajayi for attempting to drown her five-month-old baby, Imole Anifowose, in RSS River, Sagamu. One Olusola Sonaya, who was around the river, was said to have assisted in rescuing the baby after her mother threw her into the water. […] The post Ogun woman arrested for throwing
I had gone to find spare parts for my now ageing Toyota Fortuner vehicle at Abbosey Okai. I was highly amused listening to some of the submissions during a heated debate on how the cedi has depreciated against the major foreign currencies. As I haggled over the prices of the spare parts to fit my […] The post Random
The past week was marked by a significant development in the public debt trajectory following the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework for Debt Treatment Beyond the Debt Service Suspension Initiative (CF-DSSI). The government has been combining both fiscal prudence and debt restructuring measures to contain growth in […] The post IMF 2nd tranche
Africa is a continent with extraordinary economic potential despite its continual underdevelopment. Notwithstanding its prodigious youthful population, diversified cultures and vast array of natural resources, Africa has encountered a multitude of obstacles in its endeavour to exploit its economic legacy. In recent times, there has been an increasing emphasis on harnessing the economic potential of […] The post
The Tema Port Expansion Project in Ghana epitomizes a strategic milestone in Africa’s maritime and economic landscape. This ambitious project, scheduled for completion by September 2025, is not just an infrastructural upgrade but a pivotal catalyst for economic transformation. The significance of this expansion is underscored by its scale and potential impact: it is set […] The post
The Disciplinary Board of the Confederation of African Football (CAF) has imposed a fine of $15,000 on the Ghana Football Association over fans trouble in the Africa Cup of Nations Match 4 game between Ghana and Cape Verde on Sunday, January 14, 2024. The Safety and Security Official reported that two groups of supporters from […] The post CAF slaps Ghana with $15K
The government is making a concerted effort to enhance its appeal as a preferred base for Chinese businesses on the African continent, Finance Minister Ken Ofori-Atta has said. He made this known during an engagement with the Chinese Business Community in Ghana under the Ghana Mutual Prosperity Partnership held in Accra. “We want to use […] The post Gov’t
Former Ghanaian President John Mahama’s recent plea for a ‘honeymoon’ period in his new administration has raised eyebrows and ignited discussions about the level of preparedness for his leadership. In this article, we will delve into the implications of such a plea and analyze whether it signals a lack of readiness for the challenges that […] The post Mahama’s
The Ghana Enterprises Agency (GEA) and the Mastercard Foundation on Monday, January 22, start a sensitization campaign for the groundbreaking Business in a Box (BizBox) Program. This initiative aims to empower an additional 250,000 young people in Ghana, expanding on the successful collaboration previously established through the Young Africa Works Project. The Young Africa Works […] The post GEA,
On
Deputy Finance Minister Dr. John Kumah has asserted that Ghana’s economy has successfully overcome recent challenges, positioning itself for sustainable growth to benefit Ghanaians. In a Facebook post dated January 19, Dr Kumah highlighted the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework. This, he believes, forms the foundation for […] The post We’ve
This year’s Youth School was held in Accra, and was interactive and participatory. It was designed to generate tangible outcomes through resourcing the youth to demonstrate their skills and expertise in the creation of solutions targetted at solving specific industry-inspired problems. The welcome address was given by Prof. Samuel Amponsah, HOD-Distance Education, on behalf of […] The post
President Nana Addo
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