Latest data from the Ghana Statistical Service indicates that the cumulative growth of the economy stood at 2.9 percent in 2023. This is a 0.9 percentage points drop from the 3.8 percent recorded in 2022 but higher than the government’s revised target of 1.5 percent for the period under review. The fourth quarter also expanded […] The post Ghana’s economy expanded by 2.9% in 2023
By Korsi DZOKOTO In the realm of economic management, Ghana stands as a stark example of the profound impacts of mismanagement and corruption on a nation’s fiscal health. The story of Ghana’s economic trajectory is one of promise overshadowed by poor governance, inflated project costs, and unchecked borrowing. As we delve into the intricate web […] The post Counting the cost
Ghana failed to secure a spot in the Top 10 happiest countries on the African continent, according to the latest World Happiness Report. The report showed that Nordic nations are once again at the top of the happiness rankings. Finland remained the happiest country for the seventh year in a row, with Denmark, Iceland, and […] The post Ghana misses out on 2024 Top 10 happiest countries in
By Maureen E. BANSAH A German engineering giant, Siemens AG, was rocked by a massive corruption scandal in 2006 that shocked the world. The corruption involved more than $1.4 billion in bribes to government officials worldwide to acquire market advantage. Investigations uncovered the extensive bribery network within the company’s worldwide operations, exposing a deeply ingrained […] The post
The Nigerian Federal Government is in talks with the World Bank to complete the processes of obtaining over $1 billion loans to address the challenges facing Internally Displaced Persons and their host communities, as well as bolster rural access and agricultural marketing in the country. The request is contained in a recent World Bank document […] The post Govt eyes fresh $1bn World Bank loan for
Economist and senior lecturer at the University of Ghana, Dr. Adu Owusu Sarkodie, has stated that a consistent decline in inflation has resulted in drastic price reductions as the economy continues a steady rebound. Speaking on TV3’s Ghana Tonight programme on Monday, March 18, Dr. Adu Sarkodie pointed out that there have been improvements in […] The post Reduction
By Ferdinand D. ADADZI Introduction Timestamp: Thursday, 14th March, 2024 @ 10.06 pm. We are back to erratic power supply.⚡️ ⚡️ ⚡️ You can call it dumsor or it is not? 🤷♂️ Fact still remains, there are serious challenges in power supply to residents and businesses. In the midst of the challenges, there are plenty […] The post Offgrid
The General Transport, Petroleum, and Chemical Workers’ Union (GTPCWU) has expressed skepticism about the newly constituted board of the Tema Oil Refinery (TOR) Company Limited, stating that it does not anticipate any positive outcomes. The Union’s National Chairman, Bernard Owusu, attributes this to the appointment of Leon Kendon Appenteng as the Board Chairman. On Tuesday, […] The post Nothing
A former Minister of Food and Agriculture, Alhaji Mohammed Muniru Limuna has grabbed a prestigious chieftaincy title known as “Sandape Wura,” to wit, Chief of Staff of the Damongo Paramountcy. The Damongo Traditional Council conferred the authority on Alhaji Limuna in recognition of his unflinching contribution to the socio-economic development of the Damongo traditional area […] The post Former
Award-winning artist, Sharon Dede Padiki has commenced her painting marathon seeking to break the Guinness World Record for the longest painting by an individual. The post Guinness World Record : Artist Sharon Padiki embarks on 168-hour painting marathon first appeared on 3News.
Jamaican dancehall artist Vybz Kartel's conviction for murder has been overturned. The post Appeals court overturns Vybz Kartel’s murder conviction first appeared on 3News.
Kwaku Kwarteng, Chairman of the Finance Committee of Parliament and MP for Obuasi West has attributed Ghana’s current economic crisis to decades of reckless public expenditure and mismanagement by successive governments. In an interview with Accra-based JoyNews, the Obuasi West legislator noted that COVID-19 and Russia’s invasion of Ukraine are not solely responsible for the […] The post Kwaku
By Jayati GHOSH While the technical details of international agreements may seem arcane or even trivial, they often commit governments to policies that have major economic consequences. This is especially true for low- and middle-income countries, which have long been on the receiving end of unfair treaties. International tax agreements are a case in point. […] The post For
…global players exploring opportunities within AfCFTA By Kestér Kenn KLOMEGÂH The scramble for the multidimensional control of the African continent by global players is a geopolitical reality. In order to be part of this geopolitical arena, foreign players have been devising different mechanisms for revitalizing partnership and strengthening cooperation with Africa, says Dr. Babafemi A. […] The post
The Media Foundation for West Africa (MFWA) has commended Ghana for its strides in upholding freedom of speech, despite recent assaults on media personnel. The Foundation emphasized that Ghana’s commitment to free speech and media quality should be recognized not just within Africa but on a global scale. This praise aligns with President Akufo-Addo’s recent […] The post MFWA
President Akufo-Addo Ghana is likely to lose US$3.8 billion in World Bank financing over the next five to six years if the Human Sexual Rights and Family Values Bill Read More... The post Anti-Gay Bill… Ghana To Lose $3.8bn World Bank Funds appeared
I prefer we dig right into the pointers on the ends of the spectrum of job-seeking insights, highly relevant to a successful hunt, and leave the googleable stuff at the latter part of the article. Essentially, we start from the middle… THE IMPORTANCE OF SOFT SKILLS IN A TECH-DRIVEN MARKET While technical skills can […] The post Modern Skills and Strategies
The National Democratic Congress General Secretary, Fifi Fiavi Kwetey, says the 24-hour economy proposal being championed by his party’s flagbearer, John Mahama, is a transformative initiative that aims to address Ghana’s increasing unemployment crisis and reshape its economic landscape. His statement follows the surge in Ghana’s unemployment rate, especially among the youth, citing statistics from […] The post Mahama’s
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
By Asantewaa OSAFO Public Relations (PR) is a vital aspect of any business’ success. It helps to shape its image, build relationships with stakeholders and, ultimately, drive growth. Crafting an effective PR strategy requires careful planning and execution. As the new year unfolds, businesses across various industries are gearing up to formulate and implement their […] The post Hit
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