President Nana Addo Dankwa Akufo-Addo has owned up to reality about the economy of Ghana. He admitted on Sunday, October 30, when he addressed the nation in an impassioned broadcast, that the economy “is in great difficulty”. He says he will not exaggerate when he says Ghana’s economy is in crisis. “The budget drawn for […]
President Nana Addo Dankwa Akufo-Addo has said the exercise to close down forex buraux that are not complying with the regulations will continue. This forms part of the measures being introduced by the government to tackle the economic challenges especially the Cedi’s poor performance against the Dollar. Mr Akufo-Addo said in his address to the […]
President Nana Addo Dankwa Akufo-Addo has said that the government is working with the Bank of Ghana (BoG) and the oil producing and mining companies to introduce a new legal and regulatory framework to ensure that all foreign exchange earned from operations in Ghana are, initially, paid to banks domiciled in Ghana. The President announced […]
President Nana Addo Dankwa Akufo-Addo has announced key decisions that have been taken by his government to resolve the economic challenges facing Ghanaians. Delivering an address to the nation on Sunday October 30, he said “The following actions have been taken thus far: 1) enhanced supervisory action by the Bank of Ghana in the forex […]
No investor will lose his or her money including pensions funds, government treasury bills or instruments if Ghana finally seals a deal with the International Monetary Fund (IMF), President Nana Addo Dankwa Akufo-Addo has assured. Mr Akufo-Addo noted that some members of the public have concerns that they will lose their investments if the deal […]
President Nana Addo Dankwa Akufo-Addo has told Ghanaians that his government cares about them hence, is working hard to ameliorate the hardships they are going through presently. He says the government is determined to restore economic stability. Delivering an address to the nation on Sunday October 30, Mr Akufo-Addo said “It is obvious, fellow Ghanaians, […]
President Nana Addo Dankwa Akufo-Addo has appealed to Ghanaians to reduce their taste for imported goods. He noted that the overreliance on imported goods is one of the factors affecting the local currency and the economy in general Delivering his address on Sunday October 30, Mr Addo said “Let us reduce our dependence on import.” […]
President Nana Addo Dankwa Akufo-Addo has warned persons who are publishing false news about the local currency. He said the relevant state security agencies will come after such persons. Addressing the nation on the economy on Sunday October 30, Mr Akufo-Addo cautioned against talking down the Cedi. He also warned against speculation which leads to […]
President Nana Addo Dankwa Akufo-Addo has warmed persons talking down the local currency Cedi. He says talking down the Cedi is contributing to its woes. Addressing the nation on the economy on Sunday October 30, Mr Akufo-Addosaid “Money doesn’t like noise. If you talk down you currency, it will go down, if you allow others […]
Ghana will face DR Congo for a place in the 2023 Africa U23 Cup of Nations after defeating Mozambique in the second round of the qualifiers. Black Meteors won 2-1 in Maputo last week and 2-0 in Kumasi on Sunday to advance to the final round 4-1 on aggregate. Hearts of Oak striker Daniel Afriyie […]
Marcus Rashford’s 100th Manchester United goal was enough to beat West Ham and provide a fitting tribute to a special 85th anniversary for the Old Trafford club. Across 4,163 consecutive games since 1937, United have had an unbroken run of having a player who came through their youth development programme either in their starting line-up […]
Toni Kroos was sent off for the first time in his career as unbeaten Real Madrid went top of La Liga thanks to a dramatic draw with Girona. Real thought they had won the game when Vinicius Jr slid Federico Valverde’s low cross into an empty net. But veteran Cristhian Stuani equalised from the spot […]
Thomas Partey was on target for the second time this season, scoring stunning goal as Arsenal cruised past Nottingham to reclaim top spot in the Premier League. The Ghana international scored a stunner in the London derby against Tottenham early this month, and he did the same in the 5-0 win over Nottingham. ???????? Thomas […]
The Ghana National Association of Teachers (GNAT) has issued a November 4 ultimatum to government to revoke the appointment of the new Director-General of Ghana Education Service, Dr Eric Nkansah, or face their wrath. Speaking after a national council meeting, General Secretary of Association, Thomas Tanko Musah said ” the position is a preserve of […]
Ahead of President Nana Addo Dankwa Akufo-Addo’s public address on the economic challenges facing Ghanaians, a leading member of the governing New Patriotic Party (NPP) Gabby Octhere-Darko has said that suggestions given by some stakeholders indicate that the people are genuinely interested in the wellbeing of the nation. President Nana Addo Dankwa Akufo-Addo will deliver […]
President Nana Addo Dankwa Akufo-Addo has said, ahead of his public address on the economy, that he has consulted widely with cabinet, the Council of State and key stakeholders on the challenges facing the country. The President said there is hope for Ghana. In a tweet on Sunday, Mr Akufo-Addo said “I will be addressing […]
North Tongu Member of Parliament Samuel Okudzeto Ablakwa has said a major forensic investigation should be carried out at the Finance Ministry when the sector Minister Ken Ofori-Atta is gone following the pressure on the President to sack him. Mr Ablakwa referred to a discrepancy in figures from the Finance Ministry as captured in the […]
President Nana Addo Dankwa Akufo-Addo’s planned address on the economy is highly anticipated, Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has said. Dr Kwakye says the address has the potential to rekindle the markets. Therefore, it should not be disappointing. “The President’s speech is highly anticipated. It has the […]
Ahead of the address to be delivered by President Nana Addo Dankwa Akufo-Addo on the economy today, Sunday October 30, the Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has asked him to announce three key measures to solve the problems. The measures he expects the President to mention are […]
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