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 Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has criticized the government’s expenditure in the health sector, emphasizing the alleged dubious spending on digitalization initiatives amounting to GH¢2.67 billion. In a social media post [X] on Wednesday, April 3, 2024, Ablakwa expressed concern over the state of healthcare in Ghana, highlighting various challenges […] The post Ablakwa
Fresh data from the Bank of Ghana (BoG) shows banks still favour investments in government securities over and above extending credit to the private sector, meaning that businesses have access to less purchasing power in real terms. Governor Ernest Addison, in a press briefing for the 117th Monetary Policy Committee (MPC) meetings, revealed that compared […] The post Editorial:
The Member of Parliament of the Bongo constituency and member of the Mines and Energy Committee, Edward Bawa, has stated that thegovernment has not made any intervention in the energy sector of the economy. The Bongo legislator said this in an interview with Alfred Ocansey, host of TV3’s Ghana Tonight programme on Monday, March 25. […] The post Gov’t has made no intervention
The Public Interest and Accountability Committee (PIAC) has stated that the global shift towards sustainable energy sources is putting National Oil Companies (NOCs) under significant pressure. According to PIAC, factors such as climate change awareness, energy security needs, and advancements in renewable technologies, are challenging the traditional oil and gas industry. PIAC in its latest […] The post Energy
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
Presidential Aspirant, Nana Kwame Bediako has detailed his vision for Ghana’s entertainment industry. The post We need an industrial platform to boost our entertainment sector – Nana Kwame Bediako first appeared on 3News.
John Abdulai Jinapor, ranking member on Parliament’s Mines and Energy Committee, has asserted that the next NDC government, under the leadership of John Dramani Mahama, will inherit a weakened and anemic energy sector. He said this when he appeared on TV3’s Hot Issues programme on Sunday, March 24. According to the former deputy energy minister, […] The post Mahama
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
Comedian and Actor Funny Face has said he is “tired” over the back and forth with his baby mama, Vanessa who has denied him access to their kids. The post ‘Tired’ Funny Face announces plan to relocate abroad over fights with Baby Mama first appeared on 3News.
A seasoned Nollywood actor, Amaechi Muonagor, has made a sincere appeal to Nigerians for financial support to undergo a kidney transplant in India. The post Nollywood actor Amaechi Muonagor appeals for funds to undergo kidney transplant in India first appeared on 3News.
Financial analyst, Kofi Arkaah has forecasted challenges for the forthcoming government in addressing issues plaguing the energy sector. He expressed concern over Ghana’s energy sector debts and predicted that the next administration would encounter significant obstacles in various economic sectors. For several weeks, parts of the country have been grappling with erratic power supply, colloquially […] The post Financial
The Member of Parliament for Ejisu constituency, Dr. John Kumah, has generously donated GH¢120,000 towards repairing the boys’ dormitory at Ejisu Senior High Technical School. The contribution aims to swiftly address the damage caused by a recent rainstorm, ensuring minimal disruption to teaching and learning. He emphasized that he remains accessible to both constituents and […] The post John
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
Scores of students of the Ejisu Senior High Technical School have been displaced following a rainstorm that ripped off the roof of the boys’ dormitory on Saturday, March 1, 2024. The over 150 affected students sought shelter in classrooms on Saturday following the incident. The students were at the dining hall when the incident happened. […] The post Ejisu
Fidelity Bank Ghana, the nation’s largest privately-owned bank, has successfully constructed a mechanized borehole for the Police Public Safety Training School (PPSTS) at Pwalugu in the Upper East Region, providing a sustainable and reliable source of clean water for the officers and the entire community. For more than a decade, the PPSTS has grappled with […] The post Fidelity
In a period of unprecedented technological advancement, harnessing the power of technology and digitalisation presents a promising solution to one of the most pressing challenges facing economies worldwide: unemployment. Ghana, like many other nations, grapples with the scourge of joblessness, but amidst the gloom, there shines a beacon of hope – the rapidly growing FinTech […] The post
Stephen Alajemba Renowned Nollywood actor Stephen Alajemba, also known as Uwaezuoke, has shared insights into his personal journey, revealing the challenges he faced growing up due to societal perceptions Read More... The post Women Rejected Me Due To My Looks
By Alexander Ayertey Odonkor According to the World Travel Market’s Global Travel Report from 2024 to 2033, the proportion of Chinese households with purchasing power to embark on international travel is set to “roughly double.” Attributed to rising incomes and more middle-class consumers, China’s growth is expected to add more than 60 million households to its existing population […] The post
The average rate of unemployment in the country has risen to 14.7 percent in the first three quarters of 2023. The number of unemployed youth aged between 15 and 35 rose from about 1.2 million to over 1.3 million during the same period with the rate among females consistently higher than males. This is according to […] The post Ghana’s unemployment rate hits 14.7 percent
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