Government says the country’s era of abnormal increases in prices of petroleum products will soon be over. This is because, steps are being taken to “secure reliable and regular sources of affordable petroleum products”, to bring reprieve to consumers of the product. “Government is working to secure reliable and regular sources of affordable petroleum products […] The post Gov’t
Government has introduced a new set of macroeconomic and spending guidelines aimed at fixing Ghana’s economic meltdown. These measures, adopted at the recently held cabinet retreat according to President Nana Addo Dankwa Akufo-Addo are aimed at reviving the economy for at least the next three to six years as part of a framework for the […] The post Gov’t
President Nana Addo Dankwa Akufo-Addo has appealed to traders not to take advantage of the current economic quagmire to rip off consumers. He said, the untold hardships are being experienced by all asking them to ‘keep an eye out for the greater good’, in the face of the cost of living crisis. “I hear from […] The post Nana Addo begs traders not to profiteer
The Government of Ghana has adopted five measures to prevent further free fall of the cedi. President Nana Addo Dankwa Akufo-Addo announced these measures on Sunday, when he addressed the nation on the country’s current economic crisis. The measures he said are: Enhanced supervisory action by the Bank of Ghana in the forex bureau markets […] The post Gov’t announces
Read below the full speech President Nana Addo Dankwa Akufo-Addo read during his address to the nation on the country’s economic crisis. ADDRESS TO THE NATION BY THE PRESIDENT OF THE REPUBLIC,NANA ADDO DANKWA AKUFO-ADDO,ON THE ECONOMY, ON SUNDAY, 30TH OCTOBER 2022. Fellow Ghanaians, good evening. Back in 2020, at the outbreak […] The post Akufo-Addo’s
The President, Nana Addo Dankwa Akufo-Addo has assured that government does not intend to slash the returns made on investments as speculated. President Akufo-Addo gave the assurance when he addressed the nation on Sunday following economic challenges currently confronting the country. “I also want to assure all Ghanaians that no individual or institutional investor, including […] The post There
President Nana Addo Dankwa Akufo-Addo has announced that Ghana’s economy is in crisis. He attributed the situation to “so many malevolent forces” which he said have come together at the same time to cause the current economic turmoil bedevilling the country. “We are in a crisis, I do not exaggerate when I say so. I […] The post Ghana’s economy is in
The National Council of the Ghana National Association of Teachers (GNAT), has given government up to November 4, 2022, to revoke the appointment of Dr. Eric Nkansah as the new Director General of the Ghana Education Service (GES). The Council describes the appointment as “unfortunate and untenable”. It explains that the position of the Director […] The post GNAT
The Ministry of Finance has rejected claims that its negotiations with the International Monetary Fund (IMF) for a bailout have not been smooth as projected. A statement from the Ministry said such claims are untrue and should be disregarded. Some reports in the public domain say the negotiations are not going well because the Fund […] The post Our
The Coordinator for the National Alternative Employment and Livelihood Program (NAELP), Dr. Louis Serwaa Donkor has called for an all-year-round intensified Breast Cancer Awareness to deal with rising cases. She maintained that sustaining such a campaign will help enlighten women on the dangers of the disease and also reduce such cases in health facilities. Over […] The post Let’s
Exactly three years after the New Patriotic Party (NPP) Treasurer for the Takoradi Constituency, Mark Ofori, was shot dead at his Fijai residence by an unknown assailant, his family says justice is yet to be served. Family members maintain that all efforts to get the police and the party to keep to their promise of […] The post Family of Takoradi
The Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa believes a thorough forensic probe must be done at the Finance Ministry should under fire Ken Ofori-Atta step down. He maintains that the tenure of the sector minister remains questionable, hence the need to uncover any rot whatsoever. The legislator said he is convinced about […] The post Major
President Nana Addo Dankwa Akufo-Addo has said there have been wide consultations ahead of his national address on Ghana’s cost of living crisis and economy, which is now in dire straits. For him, there is hope for the Ghanaian economy given his series of engagements with industry players in the last couple of days. He […] The post There’s
Newly qualified doctors have been charged to be professional in their practice. Deputy Minister for Health, Mahama Asei Seini who gave the advice said, adding by the ethics of the profession will help maintain the trust and confidence society reposes in medical staff. 461 medical doctors from the Kwame Nkrumah University of Science and Technology, […] The post Be ethical
The Ministry of Education has clarified that it has completed the audit of the Ghana Accountability for Learning Outcomes Project (GALOP) as requested by the World Bank. It comes on the back of a statement from the World Bank suggesting that Ghana had delayed the submission of the audit report of the project agreement with […] The post Audit report on GALOP completed
Some industry players are urging President Nana Addo Dankwa Akufo-Addo to use his address on the ailing economy to send a positive message to Ghanaians and the international market. President Akufo-Addo will tonight, Sunday, October 30, 2022, speak to the nation on measures taken by government to revive the Ghanaian economy. Pressure has been mounting […] The post Your
Economist, Dr. Patrick Asuming, says former President John Dramani Mahama’s address on Ghana’s economic situation could have been more apt if he proffered solutions on what government can do to increase revenue. Dr. Patrick Asuming, also a lecturer of Finance at the University of Ghana Business School said, although the former president was spot on […] The post Mahama
Head of the Local Government Service, Dr. Nana Ato Arthur, has asked members of the service to desist from acts of corruption. He maintains that the Local Government Service has the capacity in mobilizing revenue in their respective areas without depending solely on the central government. Speaking at the inauguration of the local government service […] The post Don’t
Meta on Wednesday posted the second quarterly revenue decline in its history since going public and warned that it is making “significant changes” aimed at cutting costs ahead of 2023, as it confronts an economic downturn that is hitting its core online advertising business. For the three months ended in September, Meta (FB) posted revenue of $27.7 billion, down 4% […] The post Meta’s
Twin car bomb explosions near a busy junction in Somalia’s capital, Mogadishu, killed at least 100 people, President Hassan Sheikh Mohamud says. Among the victims “who were massacred [were] mothers with their children in their arms”, the AFP news agency quotes the president as saying. He appealed for international medical help to deal with the […] The post Somalia
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