ITA Airways, an European carrier is set to commence commercial flight operations to Accra. This follows approvals from the Ministry of Transport and the Ghana Civil Aviation Authority, the Regulator of the aviation industry. The Airline is expected to operate a four times weekly direct flight from Rome, Italy to Accra with flight schedules to […] The post ITA Airways
As Ghana’s banking sector approaches the crucial milestone of publishing financial results by the end of April 2024, it’s essential to remember that these figures are not mere numbers but a measure of the health of our financial institutions, which is the backbone of our nation’s economic prosperity. Financial results of banks offer valuable insights […] The post Icebergs
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
Actor and Comedian, Benson Nana Oduro popularly known as Funny Face is looking forward to leaving behind his recent predicaments and starting life afresh. The post Funny Face cleanses himself at the sea after release from police custody first appeared on 3News.
Dr. John Kwakye The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye says government must accept responsibility for the economic outcomes during the 2020-22 Read More... The post ‘Accept Responsibility For Economic Outcomes’ appeared
The Institute of Economic Affairs (IEA) has criticized the government for its poor macroeconomic performance from 2020 to 2022. During this period, Ghana experienced an economic downturn, with the government seeking a 3 billion bailout from the International Monetary Fund (IMF). Giving a post-analysis of President Akufo-Addo’s State of the Nation Address (SONA), on April […] The post Economic
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […] The post The
The Institute of Economic Affairs (IEA) has expressed apprehensions regarding the functioning of the Office of the Special Prosecutor (OSP). According to him, the OSP, despite having two Special Prosecutors, appears to have been incapacitated by the appointing authority. During an IEA press briefing on Wednesday, April 3, Dr John Kwakye, the Director of Research […] The post OSP
Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has criticized the Akufo-Addo government for its dependence on funds from the International Monetary Fund (IMF), World Bank, and other donor agencies to strengthen the local currency. He labelled the government’s heavy reliance on foreign aid, including Eurobonds and cocoa syndicated […] The post Ghana’s
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
The government has committed to fast-track the completion of Ghana’s sea defence projects following a two-day tour by the Minister for Works and Housing Kojo Oppong-Nkrumah. Most of the projects commenced in 2018 are near completion but slowed down owing to financial constraints. The slowdown reversed some of the progress made on the projects and […] The post Govt to
Founder of the New Force Movement, Nana Kwame Bediako famously known as Cheddar has said he is excited about reactions to a comment he made about dredging a sea at Kumasi. The post I am happy about reactions on my comment on dredging sea in Kumasi – Nana Kwame Bediako first appeared on 3News.
The Importers and Exporters Association of Ghana (IEAG) has voiced its disapproval of Vice President Dr. Mahamudu Bawumia’s remarks regarding the Ghana Revenue Authority’s (GRA) operations. During a meeting with the Ghana National Chamber of Commerce and Industry, the Vice President raised issues about the GRA staff’s conduct, accusing them of harassing customers under the […] The post We’ll
The latest data from the Bank of Ghana (BoG) has revealed that Ghana’s public debt climbed to a staggering GH₵610 billion as of December 2023. This figure reflects an Read More... The post Ghana’s Public Debt Hits
The Director of Research at the Institute of Economic Affairs (IEA), Dr John Kwakye, has said that Ghanaians should vote for leaders who will rely on the natural resources of the country to generate revenue for development. He says leaders who beg for Western aid should be rejected. Ghanaians are preparing for the polls on […] The post 2024 polls: Reject leaders who beg for Western aid – Kwakye
Congo has lifted a more than two-decade-old moratorium on the death penalty as authorities struggle to curb violence and militant attacks in the country, according to a justice ministry statement released on Friday. The statement, dated earlier this week, said the ban from 2003 allowed offenders accused of treason and espionage to get away without […] The post Congo
Over 21,000 youth are being trained by the Youth Employment Agency (YEA) and CSIR-BRRI in specialized skills under the Youth In Brick Production and Construction module of the Agency. The trainees will be taken through a meticulously designed training module to impart knowledge and skills that they need to succeed in the field of burnt […] The post YEA equips
21,000 youths are being trained by the Youth Employment Agency (YEA) and CSIR-BRRI in specialized skills under the Youth In Brick Production and Construction module of the Agency. The trainees will be taken through a meticulously designed training module to impart the knowledge and skills they need to succeed in the field of burnt brick […] The post YEA equips
The New Patriotic Party is mourning the tragic demise of the late Deputy Minister for Finance and MP for Ejisu, Dr. John Ampontuah Kumah. Dr. Kumah died on Thursday, March 7, 2024, after a brief illness as disclosed by a close family source. The NPP in a statement signed by the party’s General Secretary, Justin […] The post NPP mourns John Kumah, directs
Ida Adjoa Aseidu with the chiefs breaking grounds for the commencement of the project The New Patriotic Party (NPP) Parliamentary Candidate for Ayensuano Constituency in the Eastern Region, Ida Read More... The post Adjoa Aseidu Breaks Grounds For School Block
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