The World Bank has approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring macroeconomic stability and […] The post
Julius Malema, the Commander-In-Chief of the Economic Fighters Front (EFF), is set to arrive in Accra on 23rd January 2023, for a significant dialogue with the youth of Africa. The event, organized by AriseGhana, aims to provide Ghana’s youth with an opportunity to learn from Malema’s fervent activism and radicalism, as well as his unquenchable […] The post Julius
The National Democratic Congress (NDC) has been urged to choose a presidential running mate who embodies qualities that can turn the party’s political fortunes around and ensure its victory in the upcoming election. In a statement, Change Makers Forum (CMF), a group of professionals aligned to the centre-left political orientation, underscored the need for the […] The post
The National Communications Authority (NCA) has been urged to promote broadcasting standards through the award of spectrums, in a bid to ensure that content broadcast to consumers is of good quality. In an interview with journalists at a stakeholders engagement and launch of a research report by the Ghana Center for Democratic Development (CDD) in […] The post NCA
I had gone to find spare parts for my now ageing Toyota Fortuner vehicle at Abbosey Okai. I was highly amused listening to some of the submissions during a heated debate on how the cedi has depreciated against the major foreign currencies. As I haggled over the prices of the spare parts to fit my […] The post Random
The Tema Port Expansion Project in Ghana epitomizes a strategic milestone in Africa’s maritime and economic landscape. This ambitious project, scheduled for completion by September 2025, is not just an infrastructural upgrade but a pivotal catalyst for economic transformation. The significance of this expansion is underscored by its scale and potential impact: it is set […] The post
The government is making a concerted effort to enhance its appeal as a preferred base for Chinese businesses on the African continent, Finance Minister Ken Ofori-Atta has said. He made this known during an engagement with the Chinese Business Community in Ghana under the Ghana Mutual Prosperity Partnership held in Accra. “We want to use […] The post Gov’t
The wife of the 2024 National Democratic Congress (NDC) flag bearer, Mrs Lordina Dramani Mahama, has emphasized the importance of unity within the NDC at a gathering of party functionaries from the Bono East region. She urged everyone to put aside any past grievances and come together as a united front to face the upcoming […] The post Lordina Mahama preaches unity
Deputy Finance Minister Dr. John Kumah has asserted that Ghana’s economy has successfully overcome recent challenges, positioning itself for sustainable growth to benefit Ghanaians. In a Facebook post dated January 19, Dr Kumah highlighted the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework. This, he believes, forms the foundation for […] The post We’ve
In a speech delivered at the Timbuktoo: Unleashing Africa’s Startup Revolution event in Davos, Switzerland, President Nana Addo Dankwa Akufo-Addo highlighted the impressive recovery and resilience displayed by African Read More... The post Ghana
Ghana is on the brink of progress, and it’s time to embrace new ways of doing things. A 24-hour economy is not just a concept; it’s an opportunity to unlock Ghana’s full potential. It’s a commitment to expanding productivity and prosperity beyond daylight hours. Imagine a Ghana where businesses operate around the clock, creating more […] The post The vision
The Member of Parliament for the Akim Abuakwa South constituency, Samuel Atta Akyea, has criticized individuals who blame Vice President Dr. Mahamudu Bawumia for the country’s economic woes. He acknowledged that the economy is not in its best form, describing it as ‘unkind’ and ‘cruel’ for anyone to attribute economic issues in the Akufo-Addo government […] The post It’s
The Secretary of the National Council of the Parents Teachers Association in Ghana, Gapson Kofi Raphael, has expressed dismay in the Ghana Education Service over its guidelines on PTAs. He described the actions by the GES as unlawful and illegal. The GES has developed new guidelines for Parent Associations, formerly known as Parent-Teacher Associations (PTAs), […] The post GES
The Minister for Communications and Digitalisation (MoCD), Ursula Owusu-Ekuful, has officially launched the National Communications Authority (NCA) Five-Year Strategic Plan (2024-2028) in Accra. The Authority’s Five-Year Strategic Plan’s development is in accordance with Section 3(b) of the NCA Act, 2008 (Act 769), and is aimed at setting clearly-defined goals and measurable steps for the Authority. […] The post
The government is urgently seeking to build on the momentum of its debt restructuring efforts, following the recent agreement with official creditors to restructure debts extended to the country up until December 2022. Having overcome this hurdle, Reuters reports that government officials will re-engage with its international bondholders from next week, seeking to continue discussions […] The post
The Member of Parliament for the Akim Abuakwa South constituency, Samuel Atta Akyea, has criticized individuals who blame Vice President Dr. Mahamudu Bawumia for the country’s economic woes. He acknowledged that the economy is not in its best form, describing it as ‘unkind’ and ‘cruel’ for anyone to attribute economic issues in the Akufo-Addo government […] The post It’s
The President of the University Teachers Association of Ghana, University of Ghana chapter, and lecturer at the University of Ghana, Prof. Ransford Gyampo, has stated that in the 2024 general elections, labour unions will vote with hunger and anger. This follows an appeal made by former President John Mahama, who is running for office again, […] The post 2024
The World Bank Deputy Chief Economist, Ayhan Kose, has said the global economy has been remarkably resilient, especially in the last year. Growth last year, he said, surprised on the upside, thanks to the US economy, the strength of the US economy. But, he further noted, some large emerging markets like India, Indonesia, Brazil, Mexico, […] The post There is global economic resilience
There was almost no growth in terms of global trade last year, the World Bank Deputy Chief Economist, Ayhan Kose, has said. The situation remains fragile going into this year, he added. In June 2023, he highlighted an ongoing global growth slowdown as a major concern to the Bank. Asked for the latest analysis of […] The post Global trade remains fragile – World Bank Deputy Chief
The Black Stars hotel in Abidjan has heightened security measures following a confrontation between a fan and coach Chris Hughton after Ghana's underwhelming performance against Cape Verde on Sunday evening. The Black Stars were defeated 2-1 in their opening match and face an early elimination from the 2023 Africa Cup of Nations in Ivory Coast. […] The post Security beefed up at Black Stars hotel first
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