Ghanaian Chef Failatu Abdul-Razak has unfortunately failed in her attempt to become the Guinness World Record holder for the longest individual cooking marathon, also known as a cook-a-thon. The Read More... The post Ghanaian
Management of the Ghana Export–Import Bank (GEXIM) has announced it will be hosting “Freedom Market” on Tuesday, March 5, 2024. The “Freedom Market” is a prelude to the 67th National Independence Day celebration next week in the Eastern Region under the theme “Our Democracy, Our Pride”. “Freedom Market”, a special edition of the Bank’s popular […] The post GEXIM
The Executive Vice President of the African Center for Economic Transformation (ACET), Mavis Owusu Gyamfi, has emphasised the need for fiscal prudence to bolster Ghana’s economy. According to her, fiscal prudence means making wise and careful decisions regarding financial matters, particularly in the management of government funds and public money. In an interview with Bernard […] The post We
In a collaborative effort, a joint task force involving the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security successfully seized over 1,000 units of 25 litres of vegetable oil suspected to be smuggled. The operation took place at a warehouse located […] The post Joint
Isaac Adongo, the Member of Parliament for Bolgatanga Central, has strongly criticized the Akufo-Addo administration’s economic performance during a lecture at the University of Professional Studies, Accra (UPSA). The lecture, titled “Ghana’s economic mess; Victim of poor economic governance?” raised concerns about the government’s effectiveness in addressing the nation’s financial struggles. Adongo specifically highlighted the […] The post
The Customs Division of the Ghana Revenue Authority has assured stakeholders of its commitment to reducing the long duration of goods clearance at various ports across the country by 50%. Currently, it takes about 10–12 days to clear goods at the Tema port, 7 days at the Kotoka International Airport, and 3 days at the […] The post We’re committed
By Emmanuel Owusu Agyei AMPEM My friend Charlotte of ENI has always been arguing; and she talks to me about climate change and its effects on modern economies. She has been so passionate about it that she tells me how her application to join the just-ended COP 28 was rejected because she works for ENI […] The post A 24-hour economy policy – celebration of mediocrity?
By Chen WENLING Western media has frequently adopted a pessimistic stance towards the Chinese economy. These narratives reveal the underlying pressure and apprehension certain Western countries experience in the realm of economic competition. By downplaying China’s economic prowess, their objective is to undermine China’s global standing and influence. Nevertheless, these portrayals often fail to acknowledge the […] The post
By Ebenezer Ashley (PhD). The concept of inflation has attracted diverse theories from different economists across the globe. Economists with varied forms of theories on inflation are grouped into two. These include structuralists and monetarists (Nitisha, n.d.). Structural economists assert, inflation is the end-product of the imbalances inherent in economic systems; and adapt both fiscal […] The post
The opposition National Democratic Congress (NDC) has reiterated its commitment to ensuring that Ghanaians acquire wealth through its proposed 24-hour economy if elected in the 2024 elections. The NDC held its National Policy Dialogue on February 22 and February 23 to deliberate on its policy priorities for the December polls at the Peduase Lodge in […] The post 24-hour
The Presidential Candidate of the opposition National Democratic Congress (NDC), John Dramani Mahama, has stated that the massive acceptance of his 24-hour economy proposal has sent shivers down the spines of the governing New Patriotic Party (NPP). The NDC, on February 22 and February 23, held a national policy dialogue at the Peduase Lodge to […] The post My
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has underscored the importance of the 24-hour economy. According to Mr. Mahama, the 24-hour economy is the surest way for the country to achieve its significant economic expansion. He made these remarks when he addressed the party’s national policy dialogue held between February 22 […] The post 24-hour
In a groundbreaking move that could reshape Ghana’s economic landscape, Vice President Dr. Bawumia has unveiled a bold plan to revitalise the country’s mining industry, with a special focus Read More... The post Dr.
By Rabah Arezki Before the outbreak of COVID-19, Africa experienced 25 years of uninterrupted economic expansion, prompting analysts to proclaim that the continent’s growth momentum was no longer dependent on its extractive industries. As access to education and health care increased, so did life expectancy, nurturing an “Africa rising” narrative. To finance their development needs, […] The post
The Zambian government has imposed restrictions on maize and mealies meal (maize flour) exports in response to an extended dry spell endangering the harvest. Minister of Agriculture Reuben Phiri announced the measure on Tuesday, stating that export limitations will remain until a thorough evaluation of the upcoming harvest is conducted. “Owing to the prevailing situation, […] The post Zambia
The German economy is in “troubled waters,” according to country’s economy minister. Robert Habeck said the German government’s forecast for economic growth for 2024 had been revised down from 1.3% to 0.2%. This means that Europe’s largest economy has effectively stalled – although it has avoided entering a full-blown recession. Mr Habeck previously called Germany’s […] The post German
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
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
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
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