There is no let-up in Israeli air strikes in Gaza, a UN official has told the BBC, after visiting a hospital struggling to treat the injured. Gemma Connell of the UN humanitarian agency Ocha told the BBC what she had seen at the Al-Aqsa hospital in central Gaza on Monday was “absolute carnage”. Many severely […] The post Israel Gaza war: UN says no
President Nana Addo Dankwa Akufo-Addo has declared that after three years of economic turmoil, Ghana is finally turning the corner. In a Christmas message to Ghanaians, the President conveyed his satisfaction that the country has successfully navigated the difficulties faced not only by Ghana but by the entire world. He highlighted positive indicators of economic […] The post After
The World Bank has appointed Mr Robert Taliercio O’Brien as Country Director for Ghana, Liberia, and Sierra Leone in the Western and Central Africa Region. His appointment takes effect from January 2nd, 2024, and he will be based in the World Bank’s Accra Office. Mr. Taliercio, an American national, joined the World Bank in 2000 as […] The post World Bank appoints
The Ministry of Interior in partnership with the Ghana Police Service will embark on a nationwide monitoring exercise with particular emphasis on Private Security Organisations, Locksmiths (Key Cutting) and Rubber Stamp and Seals Operators from Wednesday, December 20, 2023. The Chief Director of the Interior Ministry, Doreen P. Annan, in a statement issued yesterday, said […] The post Interior
The former president of Ghana and the flag bearer of the National Democratic Congress (NDC), Mr. John Dramani Mahama, recently announced his intention to run a 24-hour economy if elected president. This proposal has generated a lot of economic and political discourse on electronic and print media in Ghana and beyond on its realism and […] The post A 24-hour economy:
In September 2023, Ghana’s government launched a US$550billion Energy Transition and Investment roadmap toward achieving net-zero carbon emissions. The plan has capacity to create an estimated 400,000 jobs by 2060, according to details of its plan – which was developed by government and SEforALL. The plan was launched by President Nana Akufo-Addo during a Global […] The post Energy
An economist and financial analyst at the University of Ghana, Dr. Patrick Asuming, has urged the government to, as a matter of urgency, focus on building the economy more sustainably and not be fascinated by transient positive indicators. This follows the Finance Minister, Ken Ofori-Atta’s attribution of the consistent decline in inflation to the government’s […] The post Current
In a sobering analysis of government’s 2024 budget, WaterAid Ghana highlights a concerning 68% reduction in allocation for the Ministry of Sanitation and Water Resources (MSWR) compared to the previous year. The total budget for MSWR plummeted from GH¢1,847,454,545 in 2023 to a mere GH¢591,052,380 in 2024. This drastic reduction is primarily attributed to a […] The post
Oxford Business Group (OBG) and Koranteng & Koranteng Legal Advisors have formalised a strategic collaboration aimed at unveiling a comprehensive insight into Ghana’s legal framework in The Report: Ghana 2024. This partnership signifies a concerted effort to provide investors, policy-makers and businesses with essential insights into Ghana’s evolving legal landscape. Ghana faced economic challenges in […] The post
For 17 years, Mrs. Sarah Djabaki Annan has been the heartbeat of Delta Air Lines in Ghana. Her journey began in 2006 has evolved into unwavering dedication that has left an indelible mark on not only her colleague but the company at large. As Delta Air Lines marks 17 years of operations in Ghana, Mrs. […] The post I’ll choose Delta again after 17 years
The Ghana-India Kofi Annan Centre of Excellence in ICT (GI-KACE) has trained 50,000 personnel in the last two decades, as part of efforts to push the country’s digitalisation drive. These individuals received training in Cyber Security, Data Analytics and Cisco Certified Network Associate (CCNA) among others, which were tailor-made for the country’s development goals. This […] The post GI-KACE
Introduction In accordance with Article 179 of the 1992 Constitution and section 21 of the Public Financial Management Act, 2016 (Act 921), the Minister for Finance presented the budget statement on behalf of the President on Wednesday, 15th November 2023. The 2024 budget is critical for the country as it tries to navigate the desire […] The post The 2024 budget and
Despite recent progress on restructuring the country’s debt, short-term interest rates exceeding 30 percent are undermining the savings achieved according to Leslie Dwight Mensah, an economist at the Institute for Fiscal Studies (IFS). With domestic markets as the sole financing source, he said, government remains vulnerable. “If stronger fiscal consolidation isn’t achieved, including on the […] The post
My favourite definition of economics is that by Lionel Robbins. According to Robbins, economics is “a science that studies human behaviour as a relationship between ends and scarce means that have alternative uses”. Microeconomics on the other hand relates to the study of choices made by individuals and households (consumers) or firms (producers) with respect […] The post Economics
The Institute of Statistical, Social and Economic Research (ISSER) has called for a dialogue between Mobile Money (MoMo) stakeholders to address the current impasse and arrive at fair and sustainable compensation for MoMo agents. ISSER emphasises the critical role of MoMo agents in driving financial inclusion in the country, and urges all parties to consider […] The post
“Your most unhappy customers are your greatest source of learning” ~ Bill Gates The bank and customer relationship or the contract terminates by closure of the account at the request of either party. This can be by mutual agreement, or after a customer has transferred the balance on the account. However by law, an account can […] The post Risk
K.T. Hammond Minister of Trade and Industry, K. T. Hammond, has said the government is implementing deliberate interventions to achieve the strategic objectives of industrial transformation and job creation. Read More... The post Govt Promotes Industrial
The Vice President, Alhaji Mahamudu Bawumia, has urged the United Nations (UN) to explore and navigate the gaps in peacekeeping, evaluate options for meaningful change and work towards outcomes to enhance effective operations. The Vice President made this remark at the opening session of the UN Peacekeeping Ministerial Meeting in Accra yesterday. “Our collective mission […] The post Let’s
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