The Bank of Ghana has reiterated its commitment to combating the circulation of counterfeit currency. The Central Bank emphasizes its progress toward achieving a zero-counterfeit regime. Counterfeiting and possession of counterfeit banknotes are punishable by law. During a press conference held during a tour of the currency processing centre as part of Ghana Heritage Month, […] The post BoG
By Kizito CUDJOE, Abidjan – Côte d’Ivoire A policy analyst and advocacy officer in sovereign debt management, Shem Joshua Otieno, has raised concerns about Africa’s financial challenges amid a persistently austere global economic landscape. He lamented that as of 2024, the continent finds itself entangled in a web of debt, with a staggering total of […] The post Africa’s
The value of the economy in 2023 stood at GHS841.6bn relative to GH¢ 614.3bn representing a GH¢227bn increase from the previous year. This was driven by the dominance of the services sector which contributed GH¢357.34 billion or 45.6% of Gross Domestic Product (GDP), followed by industry with GH¢247.941 billion (31.7% of GDP), and agriculture at […] The post Value
Products of Right to Dream It is a well-documented fact and one worthy of discussion that seven players who have graduated from the Right to Dream Academy, represented their Read More... The post Right To Dream Academy DNA (1)…The
As part of efforts to deal with internal threats within state institutions, Makers and Partners (MAP), an accountancy firm has organized a one-day capacity building workshop for 10 internal auditors of the Environmental Protection Agency (EPA). The forensic investigation training being spearheaded by MAP aims at equipping the Internal Audit function with the requisite skills […] The post Makers
The Governor of the Bank of Ghana, Dr. Ernest Addison, has underscored the need for banks to remain committed to their critical role of bridging trade financing in both the primary and secondary markets. According to the governor, this will help strengthen the country’s financial systems. Speaking at the Ghana International Bank cocktail event to […] The post BoG
Dr. Bawumia with executives of the Chamber and other government officials The Ghana National Chamber of Commerce and Industry has embraced a number of policies Vice President and Flagbearer Read More... The post Chamber
By Paul BEGUR In the world of business, particularly, in sectors such as construction, energy, infrastructure, mining and manufacturing, a key position we often hear about is that of a “project manager” and or “project developer.” Most often, observe that, irrespective of the sector or the nature of the project in question we tend to […] The post Project
President Nana Akufo-Addo On Monday, March 25, 2024, the President Nana Addo Dankwa Akufo-Addo will unveil the ‘Ghana Smart Schools Project’, a groundbreaking initiative aimed at enhancing e-learning and Read More... The post President
Andy Ikechukwu Nnadi Popular Nollywood producer, Andy Ikechukwu Nnadi, popularly known as Andy Best, is reportedly dead. According Nigeria’s Dailymail, he passed away on Tuesday after battling with a prolonged Read More... The post Nollywood Producer Andy Best Passes On appeared
The Ghana Registered Nurses and Midwives Association (GRNMA) has served notice to embark on a series of actions to demand the review of what they describe as the astronomical increment in the Verification Fee paid by nurses and midwives to the Nursing and Midwifery Council of Ghana for verification of licenses. They say that from […] The post Ghana Registered Nurses and
Government Statistician, Professor Samuel Kobina Annim has said that Ghana’s economy grew by 2.9% in 2023, from the 3.8% recorded in 2022. The Services sector contracted by -1.2%, he added. Commenting on this development, an economist Dr Theo Acheampong asked on his X platform whether this is a further sign of relative macro-stabilisation. “Further signs […] The post Ghana’s
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
…significance of technology in education Education has since time immemorial been present. Well, how did this even come about? In prehistoric times, education happened informally through oral communication. The ancient Egyptians, for instance, traveled to study plant and animal species. However, ancient civilization led to a gradual shift from informal to formal education. History was […] The post An
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 Ghana National Chamber of Commerce and Industry has backed calls by the Vice President and flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia for the private sector to get involved in social infrastructure development. The NPP flagbearer in his maiden policy address to the country in February 2024, revealed plans to incentivize […] The post Chamber
Fidelity Bank, Ghana’s largest privately-owned bank has held its inaugural Stakeholder Workshop, as well as the Orange Summit, to address critical needs in sustainability and young entrepreneur development. These events are in line with the bank’s commitment to a brighter future for Ghana, through impactful initiatives on two key fronts – fostering sustainable development and […] The post Fidelity
Aggrieved motorcycle riders have blocked major roads and markets in Asaba and Okayama, in the Oshimili South and Oshimili North Local Government Areas of Delta State, protesting the death of their colleagues. The protesters took to the streets in the early hours of Monday in anger, destroying properties. Businesses around the popular Midwifery Market in […] The post Okada riders storm
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
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