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
Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
The family of the National Chief Imam, Sheikh Osman Nuhu Sharubutu, has announced the passing of his wife, Hajia Ramatu Sharubutu, in the early hours of Wednesday, March 27, 2024. A statement issued by the Chief Imam’s spokesperson, Sheikh Armiyawo Shaibu, has confirmed that a Janazah prayer and burial will be conducted at 2 pm, […] The post Wife of National Chief Imam dead appeared
The Bank of Ghana (BoG) has received a US$300 million facility from the World Bank as budgetary support. According to a report by Citi News, the BoG’s account was officially credited on Wednesday, March 27, 2024. The release today is the first of three $300 million World Bank operations for disaster response and resilience in […] The post $300m World Bank budgetary support hits
The National Chairman of the opposition National Democratic Congress (NDC), Johnson Aseidu Nketiah, has cast doubt on the Electoral Commission’s (EC) assertion that no Biometric Verification Devices (BVDs) are missing. Asiedu Nketiah suggests that the devices are intentionally being withheld by someone within the system. His comments follow allegations made by the Minority in Parliament […] The post EC’s
Johnson Asiedu Nketiah, the National Chairman of the opposition National Democratic Congress (NDC), has stated that President Nana Akufo-Addo lacks the courage to openly declare his stance on the anti-LGBTQ+ bill. During an interview on Asempa FM on Wednesday, March 27, Asiedu Nketiah, also known as General Mosquito, suggested that the president’s reluctance to address […] The post Akufo-Addo
By Joshua Worlasi AMLANU ([email protected]) The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation. Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th MPC meeting’s press briefing […] The post
The National Labour Commission has directed aggrieved teachers to call off their strike and meet with government on their grievances within twenty-four hours. The Commission also directed government, led by the Minister of Education Dr Yaw Osei Adutwum to, within two months, distribute the teachers’ laptops to them. The National Labour Commission gave the directive […] The post Labour
Minister of Finance, Dr. Mohammed Amin Adam, has disclosed that Ghana’s agriculture sector expanded by 4.5 percent for the year 2023. The minister in the ‘2024 1st Monthly Press Briefing on the Economy’ added that the livestock, crops, and fishing subsectors also expanded by 6.5, 4.8, and 4.1 percent respectively. “Agriculture sector which expanded by […] The post Ghana’s
The post Ghana’s Economy: We must admit that our economy is ‘Dollarized’ – Paul Eric Ofori appeared first on Citinewsroom - Comprehensive News in Ghana.
Nigeria international Alex Iwobi has labelled Ghana’s exit at the 2023 Africa Cup of Nations (AFCON) as shameful. The Black Stars despite high hopes of averting their previous dismal performance at the 2021 AFCON failed to impress once more. Ghana, despite entering the competition with high hopes of redemption following their lackluster performance in the […] The post Ghana’s AFCON exit was
By Ebenezer YALLEY Blue Ocean Strategy is defined as the simultaneous pursuit of differentiation and low cost to open up a new market space and create new demand. It is about creating and capturing uncontested market space, thereby making the competition irrelevant. It is based on the view that market boundaries and industry structure are […] The post The
The National Food Suppliers Association of Ghana (NAFSAG) has announced its intention to picket at the premises of the Ministry of Education if the outstanding debts owed to its members are not settled within the next 14 days. In a statement released on March 26, NAFSAG expressed concern over the unfair distribution of funds to […] The post Food suppliers
A senior member of the National Democratic Congress (NDC), Kwesi Ahwoi, has conceded that he misspoke and apologised to flagbearer John Dramani Mahama and the entire NDC party over his “anything can happen” comments at a nomination party for Jane Naana Opoku-Agyeman. The former Interior Minister’s comments have been interpreted to imply that the fate […] The post I misspoke, I apologise
Joyce Bawah Mogtari, a Special aide to former President John Dramani Mahama, has asked the New Patriotic Party (NPP) administration to stop peddling falsehoods about the flagbearer of the National Democratic Congress (NDC), Mr Mahama. In a post on her X platform reacting to a “fake” letter issued in the name of Mr Mahama, she […] The post Fix the economy, stop borrowing
By Samuel SAM The need to inspire and empower more successful women entrepreneurs to drive socio-economic development was highlighted at the GNCCI-GIZ Women Conference held in Tamale under the theme ‘Making AfCFTA Work through a Deliberate Inclusion of Women Entrepreneurs’. At the event, Hamidu Hamza Saana, the Northern Regional Director of the Ministry of Trade […] The post
Kwesi Ahwoi A senior member of the National Democratic Congress (NDC), Kwesi Ahwoi, has been criticised for suggesting that the party’s flagbearer, ex-President John Dramani Mahama, may die for Read More... The post Kwesi Ahwoi Sparks Outrage In NDC appeared first on
By Buertey Francis BORYOR The Institute of Statistical Social and Economic Research (ISSER) of the University of Ghana has called for a review of the Special Drawing Rights (SDRs) allocation framework. The SDRs is an international reserve asset created by the IMF to supplement the official reserves of its member countries. ISSER proposed that allocations under SDRs, an international […] The post
By Emmanuel ACQUAH-SAM (Ph.D.) I write this article about a national cathedral for the God of Heaven and Earth with deep solemnity and humility. Since President Nana Akufo-Addo Danquah announced his intention to build it, the cathedral has been the subject of sacrilegious discussions domestically and internationally. For many, the point of contention has been […] The post The
Deputy General Secretary of the National Democratic Congress (NDC) Mustapha Gbande has said that the party has received an apology from a senior member Kwesi Ahwoi for his “anything can happen” comments at a nomination party for Jane Naana Opoku-Agyemang. He says although the comment is unfortunate, the apology should be enough. “I think that […] The post Kwesi
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