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
Illegal profits from forced labour worldwide have risen to the “obscene” amount of $236 billion per year, the U.N. labour agency reported Tuesday, with sexual exploitation to blame for three-fourths of the take from a business that deprives migrants of money they can send home, swipes jobs from legal workers, and allows the criminals behind […] The post Criminals
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
Niger’s military government announced that it has ended an accord with the US that allowed military personnel and civilian staff from the Department of Defence to operate in Niger – days after holding high-level talks with US diplomatic and military officials this week. “The government of Niger, taking into account the aspirations and interests of […] The post Niger
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
…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
By Cina Lawson and Rory Stewart For decades, the international community has grappled with the challenge of ending extreme poverty, which is the leading Sustainable Development Goal for 2030. Despite some progress, we remain far off track, with an estimated 700 million people still struggling to survive on less than $2.15 per day. Unlike in […] The post A
The second edition of the Northern Trade, Industry, and Investment Summit was inaugurated at the Dungu campus of the University for Development Studies (UDS) by Lawyer Sulley Sambian, the Chief Executive Officer (CEO) of the Northern Development Authority (NDA). With a theme focused on “Enhancing Trade and Industries in Northern Ghana through Capacity Development and […] The post Northern
A three-member delegation from the Cameroon Shippers Council (CNSC) paid a courtesy call on the new Chief Executive Officer of the Ghana Shippers’ Authority (GSA) on Monday, 4th March 2024. The delegation, led by Faliki Aicha, Assistant Director of Trade Facilitation at the CNSC, also included Lewono Mbassi Marguenle, Export Promotion Officer, and Garba Houdou, […] The post
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
Gokals Ani Ltd has partnered with Zeiss Vision to introduce cutting-edge lenses to Ghana. This partnership marks a significant milestone in the optics industry in the region, heralding a new era of unparalleled vision solutions. Gokals Ani was registered in 2020 and is the first lab in Ghana to commence Digital Freeform Lens production in […] The post Gokals
The Human Rights division of the High Court has adjourned the case involving the office of the Special Prosecutor and Charles Bissue to April 17, 2024. This delay stems from the fact that the case has yet to be assigned to a new judge following the retirement of Justice Nicholas Abodakpi, who previously presided over […] The post Court adjourns Special
Citi News’ Nana Tuffour Boateng has been named among 20 journalists selected for a 10-day multi-regional International Reporting Tour entitled “Democracy is More than Election Day” The tour which the Washington Foreign Press Centre organizes for journalists from all geographic regions will take place from March 12- 21, 2024. The tour aims to provide a […] The post Citi
Dr. Kyei addressing the participants The Director General of the Commission of Technical and Vocational Education and Training (TVET), Dr. Fred Kyei Asamoah, has disclosed that stereotypes against women Read More... The post ‘Stereotypes Against Women In TVET Reducing’
Esinam Afua Poku The Industrial and Commercial Workers Union (ICU) Ghana, has joined the global commemoration of the International Women’s Day (IWD) with a call for equal opportunities for Read More... The post Provide Equal Job Opportunities For Women – ICU
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