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 National Communications Authority (NCA) has said it is monitoring developments regarding an undersea cable disruption that has affected mobile and fixed data networks across the country. All mobile and fixed data services went down nationwide in the early hours of Thursday, March 14. The Authority, in a statement, said, “The disruptions affecting multiple undersea […] The post NCA
A new report to guide the formation and implementation of the proposed UK-Africa Innovation Trust Corridor (ITC) to facilitate the transparent, secure and demonstrable exchange of research and innovation outputs between the United Kingdom and its African Commonwealth nations has been launched in Accra. The report, titled ‘Research-Based Evidence to Support the Formation of the […] 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
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
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
Construction of a large-scale apparel manufacturing facility has commenced in Savelugu in the Northern Region to create over 1,600 jobs for women and youth in Northern Ghana. Students from the Savelugu School for the Deaf will be among the vulnerable to benefit from jobs to be created by the company. The project is spearheaded by […] The post German
The Executive Vice President of the African Center for Economic Transformation (ACET), Mavis Owusu Gyamfi, has emphasised the need for fiscal prudence to bolster Ghana’s economy. According to her, fiscal prudence means making wise and careful decisions regarding financial matters, particularly in the management of government funds and public money. In an interview with Bernard […] The post We
In a collaborative effort, a joint task force involving the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security successfully seized over 1,000 units of 25 litres of vegetable oil suspected to be smuggled. The operation took place at a warehouse located […] The post Joint
Nana Amoasi IV, the Executive Director of the Institute for Energy Security (IES), has warned that the ongoing power cuts in parts of Ghana may persist unless immediate and deliberate actions are taken to address underlying challenges related to installed capacity and fuel supply. He emphasized that these issues significantly impact the country’s power sector. […] The post Recent
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […] The post
Isaac Adongo, the Member of Parliament for Bolgatanga Central, has strongly criticized the Akufo-Addo administration’s economic performance during a lecture at the University of Professional Studies, Accra (UPSA). The lecture, titled “Ghana’s economic mess; Victim of poor economic governance?” raised concerns about the government’s effectiveness in addressing the nation’s financial struggles. Adongo specifically highlighted the […] The post
The Customs Division of the Ghana Revenue Authority has assured stakeholders of its commitment to reducing the long duration of goods clearance at various ports across the country by 50%. Currently, it takes about 10–12 days to clear goods at the Tema port, 7 days at the Kotoka International Airport, and 3 days at the […] The post We’re committed
By Emmanuel Owusu Agyei AMPEM My friend Charlotte of ENI has always been arguing; and she talks to me about climate change and its effects on modern economies. She has been so passionate about it that she tells me how her application to join the just-ended COP 28 was rejected because she works for ENI […] The post A 24-hour economy policy – celebration of mediocrity?
A taskforce comprising the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security, on Tuesday, February 27, 2024, embarked on an exercise to crack down on smuggled vegetable oil on the Ghanaian market. During a swoop, eight shops were ordered to cease […] The post Taskforce
Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post
The Media Foundation for West Africa has attributed the closure of four radio stations in Bawku by the National Communications Authority (NCA) to what it says is the inactivity of the National Media Commission (NMC). The NCA, following a recommendation by the Upper East Regional Security Council and the National Security Ministry, shut down the […] The post NMC’s
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