Henry Quartey, the Greater Accra Regional Minister, has disclosed that, contrary to spare part dealers at Abossey Okai opposing the proposal to move them to Afienya, over 4,000 of the dealers appended their signatures agreeing to be moved to the proposed location. As part of its decongestion exercise of major places in Accra, the government […] The post Over
Ghana has been lauded for its ambitious Free Senior High School (SHS) programme, aimed at making quality high school education accessible to all. Spearheaded by the government, this initiative has made substantial investments, amounting to approximately GH¢8.4billion, and has provided education opportunities to a commendable 5.7 million Ghanaians over the past seven years. However, beneath […] The post
…as CIBA endorses proposed policy Former president, John Dramani Mahama, has said he will initiate an Accelerated Export Development Programme as part of the 24-hour Economy Policy implementation when voted into power. He explained that the programme will be coordinated from the presidency in order to give it the requisite support due to the critical […] The post 24-hour
“If you make friends with the boatman in the dry season, you will be the first to cross when the rains come and the tide is high.” – African Proverb Our human history has a way of repeating itself in ways that are so predictable we can confidently conclude it is cyclical. It may be […] The post The Attitude Lounge by Kodwo Brumpon: Evolution of
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Ghana’s economic tapestry is rich yet challenged, marked by intricate financial dealings and the need for strategic manoeuvering. One such example is the GRA-SML deal, reflecting the complexities Ghana faces. Amid these economic intricacies, entrepreneurship education emerges as a beacon of hope, offering more than just employment opportunities, but a pathway to holistic economic rejuvenation. […] The post
…The Relationship Manager “Get closer than ever to your customers. So close that you tell them what they need well before they realize it themselves.”….. Steve Jobbs Dear Readers, how did you find the extracts from my first article published more than ten years ago? Funny, but its real. Its interesting that the situation is still […] The post Risk
A comprehensive guide to general insurance book, titled The Insurance Landscape, which seeks to bridge the information asymmetry gap in the domestic insurance market while simplifying the intricacies of the industry, has been officially launched in Accra. The gripping page-turner contains 16 chapters and 230 pages and is authored by Bernard Akyin-Arkoh – a chartered insurance practitioner at Star […] The post
Ghana, a nation facing its worst economic challenges, recently received a much-needed cushion in the form of a US$3 billion bailout approved by the International Monetary Fund (IMF). This financial support has appeared to be a critical help for Ghana’s struggling economy, particularly in the face of the shocks brought by the COVID-19 pandemic. This […] The post
The Economic Community of West African States (ECOWAS) has responded to the withdrawal of three member states – Niger, Mali and Burkina Faso from the Commission. A joint statement from the military rulers of these member states on Sunday, January 28 said, “after 49 years of existence, the valiant people of Burkina, Mali and Niger […] The post We are yet
The Office of the Special Prosecutor (OSP) was yesterday ordered by a High Court in Accra to return the $590,000 and GH¢2.73 million its officers found and seized from Read More... The post Return Cecilia’s Monies In 72 hrs- Court Orders OSP appeared
Standard Chartered Wealth Management Chief Investment Office (CIO) has released its Outlook 2024 report, outlining its investment strategy for the year ahead. The US and other major economies are likely to witness sharply slower growth and sliding inflation in 2024. Equity and bond markets are expected to start 2024 positively, supported by hopes of a […] The post Sailing with the wind
#Price #Weight #Shrinkflation #TurningTheCorner What do all the macroeconomic numbers and jargon have to do with the price of kenkey? Here it is: From a turbulent beginning that saw two price increases within six months, the kenkey market had stabilized by the end of 2023. Four-cedi kenkey dominates, five-cedi kenkey is here to stay, and […] The post The Kenkey
Cecilia Dapaah and Kissi Agyebeng The Office of the Special Prosecutor (OSP) has dropped the two cases it is prosecuting against former Minister for Sanitation and Water Resources, Cecilia Read More... The post OSP
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
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
…navigating the political landscape with social listening in the 2024 elections Dear Esteemed Readers, As we embark on the promising journey that is the new year, 2024, I extend a warm and enthusiastic welcome to each of you. It is with great pleasure and a sense of anticipation that I commit to delivering a series […] The post Comms and Branding
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
Military coups d’état, which involve unconstitutional ascension to power by armed forces, have been on the rise over the past decade in West Africa. Between 2020 and 2022, Africa experienced six ‘successful’ military coups – of which two were ‘coups within coups’ – and three attempted coups. This represents an approximately 229% increase in coup […] The post The
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