…safeguards financial system integrity Old Mutual Ghana, a leading insurance company, has paid a courtesy call on Ghana’s Financial Intelligence Centre (FIC) to reinforce their commitment to ensuring the integrity of Ghana’s financial system. The visit’s purpose was, among other things, to address key issues regarding Old Mutual’s collaboration with the FIC and shed light […] The post
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
The family of the late former President, Professor John Evans Fiifi Atta Mills, has requested President Nana Addo Dankwa Akufo-Addo to provide them with the late president’s autopsy report. They expressed concern over the unknown cause of his death and emphasised the importance of obtaining the report for closure and historical record. The appeal was […] The post Atta
Consumer inflation eased further in December 2023 – closing at 23.2 percent, down from November’s 26.4 percent per data from the Ghana Statistical Service (GSS). This 3.2 percentage point decline aligns with forecasts, providing relief from the previously higher and persistent inflation. Cumulatively, inflation dropped 30.4 percent during 2023 while average inflation was 39.91 percent. […] The post
Ghanaian journalist and event organizer, Afua Asantewaa Owusu Aduonum, has disclosed that she has been hospitalized after attempting to break the Guinness World Record for the longest singing marathon by an individual. Afua Asantewaa, who commenced her attempt to break the sing-a-thon record on Christmas Eve, concluded on Friday, December 29, 2023, after an impressive […] The post Sing-A-Thon:
The former president, John Dramani Mahama, has extended his congratulations to Ghanaian journalist and event organizer Afua Asantewaa Owusu Aduonum, following her quest to break the Guinness World Record for the longest singing marathon by an individual. Afua Asantewaa, who commenced her attempt to break the sing-a-thon record on Christmas Eve, concluded on Friday, December […] The post Sing-A-Thon:
Acclaimed Nigerian musician Oluwatosin Oluwole Ajibade popularly referred to as Mr Eazi has become the first Nigerian celebrity to openly show support for Ghanaian Afua Asantewaa in her bid to break the Guinness World Record for the longest singing marathon. The record is held by Indian Sunil Waghmare, who earned the milestone after singing for […] The post Mr Eazi
President Nana Addo Dankwa Akufo-Addo has declared that after three years of economic turmoil, Ghana is finally turning the corner. In a Christmas message to Ghanaians, the President conveyed his satisfaction that the country has successfully navigated the difficulties faced not only by Ghana but by the entire world. He highlighted positive indicators of economic […] The post After
Ghana’s Afua Asantewaa kicked off her attempt to break the record for the longest individual singing marathon at Akwaaba Village at the airport. The Ghanaian singer is expected to break the longest singing marathon by an individual which lasted 102 hours. The record is held by Indian Sunil Waghmare, who earned the milestone after singing […] The post Afua
The Network of Persons Living With HIV/AIDS has called on stakeholders to as a matter of urgency intervene in the clearance of products worth US$40 million to avert their destruction. The network in a statement issued on Friday said “These products, crucial for the support of HIV and Malaria programs in Ghana, include Antiretrovirals (ARVs) […] The post Intervene
The 27 members of the Rivers State House of Assembly on Wednesday commenced sitting in Port Harcourt, the state capital. The lawmakers led by Martin Amaewhule convened at the House of Assembly quarters. The notice of withdrawal was contained in a letter signed by the 27 – although one of them was hospitalised and wasn’t […] The post 27 Rivers assembly lawmakers withdraw
The West African Examinations Council (WAEC) has provided insights into how it detected that some of the candidates who sat for the 2023 West African Senior School Certificate Examinations (WASSCE) relied on Artificial Intelligence (AI) platforms. WAEC released provisional results of this year’s WASSCE on Monday and announced that some of the candidates engaged in […] The post WAEC
The West African Examinations Council (WAEC) has provided insights into how it detected that some of the candidates who sat for the 2023 West African Senior School Certificate Examinations (WASSCE) relied on Artificial Intelligence (AI) platforms. WAEC released provisional results of this year’s WASSCE on Monday and announced that some of the candidates engaged in […] The post WAEC
The former president of Ghana and the flag bearer of the National Democratic Congress (NDC), Mr. John Dramani Mahama, recently announced his intention to run a 24-hour economy if elected president. This proposal has generated a lot of economic and political discourse on electronic and print media in Ghana and beyond on its realism and […] The post A 24-hour economy:
In September 2023, Ghana’s government launched a US$550billion Energy Transition and Investment roadmap toward achieving net-zero carbon emissions. The plan has capacity to create an estimated 400,000 jobs by 2060, according to details of its plan – which was developed by government and SEforALL. The plan was launched by President Nana Akufo-Addo during a Global […] The post Energy
An economist and financial analyst at the University of Ghana, Dr. Patrick Asuming, has urged the government to, as a matter of urgency, focus on building the economy more sustainably and not be fascinated by transient positive indicators. This follows the Finance Minister, Ken Ofori-Atta’s attribution of the consistent decline in inflation to the government’s […] The post Current
The Ghana Export Promotion Authority (GEPA) has pledged substantial support for Small and Medium Enterprises (SMEs) in the coming year. The Deputy Chief Executive Officer in charge of Finance and Operations at the Ghana Export Promotion Authority, Samuel Dentu, indicated that the Association is committed to driving the continuous development of Made-in-Ghana products and services […] The post GEPA
With Africa’s increasing adoption and use of new technologies, and recent interest in generative Artificial Intelligence (AI), experts at the 2023 Data Protection Africa Summit have stressed the need for more efficient data protection and privacy regimes. They joined voices in calling on data controllers, users and processors of personal data to be prudent in […] The post
Oxford Business Group (OBG) and Koranteng & Koranteng Legal Advisors have formalised a strategic collaboration aimed at unveiling a comprehensive insight into Ghana’s legal framework in The Report: Ghana 2024. This partnership signifies a concerted effort to provide investors, policy-makers and businesses with essential insights into Ghana’s evolving legal landscape. Ghana faced economic challenges in […] The post
Introduction In accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921), the Minister for Finance presented the budget statement on behalf of the President on Wednesday, 15th November 2023. The 2024 budget is critical for the country as it tries to navigate the desire […] The post The 2024 budget and
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