A number of US military personnel have been injured in a missile attack on an airbase in western Iraq. The US military’s Central Command said an Iran-backed militia targeted the Al Asad airbase, which hosts American troops, with ballistic missiles and rockets on Saturday evening. An unspecified number of US personnel were “undergoing evaluation for traumatic […] The post US personnel
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
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 US has condemned Iran over ballistic missile attacks near Iraq’s northern city of Irbil, calling them “a reckless and imprecise set of strikes”. Iran’s Revolutionary Guards said they struck what they claimed were Israeli “spy headquarters” in Iraq’s semi-autonomous Kurdistan Region. Four people were killed and six wounded in Monday’s attack, according to the […] The post US
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 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
With misfortunes of the early 2020s finding their way into 2023, it is not uncommon for people to predict continued economic hardship in the new year of 2024. Two weeks into the new year and the Gaza Strip war has already escalated to epic proportions. Thus, it is not strange to expect doom on the […] The post Trade expert predicts
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
Consumer inflation eased further in December 2023 – closing at 23.2 percent, down from November’s 26.4 percent per data from the Ghana Statistical Service (GSS). This 3.2 percentage point decline aligns with forecasts, providing relief from the previously higher and persistent inflation. Cumulatively, inflation dropped 30.4 percent during 2023 while average inflation was 39.91 percent. […] The post
Airline regulators will not be rushed into clearing grounded Boeing 737 Max 9 planes after a mid-air blowout, the US government has said. The aircraft, which were suspended in the US following an incident on an Alaska Airlines flight “need to be 100% safe”, said Transportation Secretary Pete Buttigieg. It is unclear when the planes […] The post US official says Boeing
Gambo (2nd left) in a pose with his producers Versatile Ghanaian trap rapper, Gambo, is back in the United States where he is working on his first full studio Read More... The post Gambo Records First Album In US appeared first on DailyGuide
President Joe Biden was only told that US Defence Secretary Lloyd Austin was being treated for cancer on Tuesday, the White House has said. Mr Austin, 70, was admitted to hospital on 1 January and then to the intensive care unit for complications following surgery in December. He has faced criticism for not telling senior […] The post US defence secretary
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
Ukrainian President Volodymyr Zelensky’s confidence must be shaken after leaving Washington without the approval of more US military funding for his country amid the ongoing war with Russia. Although President Joe Biden has stressed the need for Congress to continue supporting Ukraine, Republican opposition to the administration’s request for more than $60 billion in emergency supplemental funding has been stiff. As […] The post When
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
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