The Member of Parliament for Bawku Central, Mahama Ayariga, has condemned an attack on a truck carrying traders from Bawku to Binduri that resulted in the killing of about seven people and the injury of others. Unknown gunmen ambushed and opened fire on the truck on the outskirts of Binduri. The truck was on its […] The post Let’s end this senseless
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Some activities of Shipping lines operating in Ghana remain the subject of backlash in Ghana’s ports and logistics sector. Clearing agents operating at the various ports are calling on government to exert some authority over the lines in order to protect the businesses of citizens. Recently, the Presidents of two of Ghana’s freight forwarding associations: […] The post Clearing
Military coups d’état, which involve unconstitutional ascension to power by armed forces, have been on the rise over the past decade in West Africa. Between 2020 and 2022, Africa experienced six ‘successful’ military coups – of which two were ‘coups within coups’ – and three attempted coups. This represents an approximately 229% increase in coup […] The post The
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 past week was marked by a significant development in the public debt trajectory following the unanimous approval of Ghana’s request for debt treatment under the G-20 Common Framework for Debt Treatment Beyond the Debt Service Suspension Initiative (CF-DSSI). The government has been combining both fiscal prudence and debt restructuring measures to contain growth in […] The post IMF 2nd tranche
Africa is a continent with extraordinary economic potential despite its continual underdevelopment. Notwithstanding its prodigious youthful population, diversified cultures and vast array of natural resources, Africa has encountered a multitude of obstacles in its endeavour to exploit its economic legacy. In recent times, there has been an increasing emphasis on harnessing the economic potential of […] The post
President of IMANI Africa, Franklin Cudjoe, is seeking further clarification on the government’s recent decision to procure new trains for Ghana. This inquiry comes in the wake of government’s announcement of purchasing 12 modern diesel-powered trains scheduled to arrive in mid-February, to enhance the country’s railway transportation system. The intended deployment of these trains is […] The post Franklin
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
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The Disciplinary Board of the Confederation of African Football (CAF) has imposed a fine of $15,000 on the Ghana Football Association over fans trouble in the Africa Cup of Nations Match 4 game between Ghana and Cape Verde on Sunday, January 14, 2024. The Safety and Security Official reported that two groups of supporters from […] The post CAF slaps Ghana with $15K
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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
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“Good Banking is produced not by good laws, but by good bankers.” — Hartley Withers, prominent British financial journalist around the turn of the 19th century Dear Readers, last week started with my article on the need to pause and self-reflect before making new year resolutions. It is during our pause for self-reflection that we […] The post Risk
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