Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […] The post Stanbic
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […] The post Any
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […] The post
By Joshua Worlasi AMLANU [email protected] Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […] The post
Ghana Football Association (GFA) has appointed former Black Queens coach Mercy Tagoe-Quarcoo to head the female U-23 national team. After spending four years with the senior team, the experienced tactician was replaced with Swiss trainer Nora Hauptle in January 2023 who has been steering the Black Queens to remarkable feats. However, the GFA has reiterated […] The post Ex-Black
The GaDangme Council strongly condemns the use of live ammunition by the Navy during the traditional festival and calls for a thorough investigation into the incident. According to the Read More... The post GaDangme
Shirley Naana Ampem, the Eastern Regional Women’s Organizer for the National Democratic Congress (NDC), has stated that Ghanaian women will be one of the major beneficiaries of John Dramani Mahama’s proposed 24-hour economy policy. According to her, the policy could significantly boost economic opportunities for women, particularly in the night market economy and key industries […] The post Ghanaian
The Ghana Armed Forces (GAF) has issued a stern warning in response to recent attacks on its installations and personnel, stating that any further aggression will be met with appropriate action. This caution follows a clash between the youth of Tema New Town and naval personnel, resulting in the tragic deaths of two individuals on […] The post Further
Two civilians have been reported dead after a group of persons attacked the Tema Naval Base of the Ghana Armed Forces. The post Two dead after youth clash with Tema Naval Base first appeared on 3News.
Two civilians have been reported dead after a group of persons attacked the Tema Naval Base of the Ghana Armed Forces. The post Two dead after youth clash with Tema Naval Base first appeared on 3News.
The Importers and Exporters Association of Ghana has raised concerns over the country’s loss of port traffic from the Tema Port to the Lomé Port in Togo. While Tema Port’s traffic has increased, it has not been growing as rapidly as Lomé’s Port, which has seen a significant increase from 300,000 thousand containers per annum […] The post Ghana
Two individuals have tragically lost their lives in a clash between local youth and navy personnel at Tema Manhean in the Greater Accra Region. The incident occurred on the evening of Friday, April 12, 2024. As part of this year’s Kplejoo festival, the youth organized a street procession. Upon reaching the street in front of […] The post Two dead in clash between youth,
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU [email protected] / [email protected] The recent hike in inflation in March was ‘not surprising’ and poses no significant threat to the general recent disinflationary trend, Head of Research at GBC Capital, Courage Boti, has said. Consumer inflation reached a new high of 25.8 percent in March 2024, […] The post
A strong caution against charging unapproved fares by certain drivers has been issued by the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC). In a press release dated April 11, they stressed that increasing transport fares without approval is illegal and that passengers should ignore any increases. “It has […] The post Don’t
The Ministry of Health (MoH) has received 14 out of 182 containers at the Tema Port holding essential medicines for antiretroviral, Tuberculosis (TB), and malaria treatments donated by the Global Fund (GF). The essential medical commodities, including antiretroviral drugs for HIV patients, were stuck at the Tema port for almost a year due to the […] The post MoH
George Winful, the Director responsible for policy decisions at the Ministry of Finance (MoF), has attributed the delayed clearance of medical supplies from the Tema Port to the late receipt of information. Speaking on Friday, April 12, Mr Winful highlighted that the Ministry of Health (MoH) managed to clear 14 out of the 182 containers […] The post Lack
Flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has expressed surprise at the multiple levies and taxes imposed on imported vehicles at the port. Addressing members of the Ghana Union of Traders Association (GUTA) in Accra, the former president, however, lashed out at the traders’ union for not joining the NDC minority […] The post ‘I’m shocked’
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
In a fiery exchange of political rhetoric, the National Youth Organizer of the New Patriotic Party (NPP), Salam Mustapha, has launched scathing criticisms against the flag bearer of the National Democratic Congress (NDC), John Dramani Mahama. Mustapha’s remarks come in response to Mahama’s recent announcement to separate the Youth and Sports Ministry, aiming to address […] The post Bawumia
In the lead-up to Ghana’s highly anticipated 2024 Presidential Election, a recent survey conducted by Global Info Analytics has sparked controversy, with findings suggesting a significant lead for the National Democratic Congress (NDC) flagbearer, John Dramani Mahama. However, the campaign team of the NPP’s flagbearer, Dr. Bawumia, has swiftly downplayed the survey results, raising questions […] The post Election
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