When that MTN, Tigo or Vodafone call you so urgently must make fails to go through, and the problem is coming from your service provider, the possibility that somebody digging somewhere has cut through a fibre cable serving you is greater than any other possibility. This is what the telcos say they are dealing with, and their hope is that you will be less cynical about the reality and magnitude of the problem, empathise with them, and help find a lasting solution to the problem for the benefit of
The US economy grew at an annual rate of 4% during the April-to-June period, latest figures released by the US Department of Commerce have shown. Consumer spending - which makes up over two-thirds of US economy activity - grew by a robust 2.5%. Business spending increased by 14% in the world's largest economy, as businesses restocked inventories. The growth during the second quarter reverses the contraction seen earlier in the year. Measured on a quarter-on-quarter basis, GDP grew by 1%. In
Ghana aims to issue a $1.5 billion Eurobond by late August, depending on conditions in the international debt market, Vice President Kwesi Amissah-Arthur said on Tuesday. "We will be monitoring the markets and we are hoping to go in towards the end of next month," he said. Amissah-Arthur added that Ghana, which is struggling with a large budget deficit and weakening currency, had no immediate plans to sign a new deal with the International Monetary Fund, though he could see the benefits
With the high level of unemployment and increasingly lack of job security, many individuals are choosing to pursue the entrepreneurial route as their source of income generation. Starting a business, though challenging in the beginning has great long term rewards. One of them being that you are investing your time and effort into your own project rather than building an empire for someone else. Though there is an excitement and sense of adventure that accompanies the entrepreneurship journey, it
The mid-year revised budget did the opposite of what was expected, and the government missed a big opportunity to show it is ready to take the hard decisions necessary to rescue the economy from its present malaise, Kwame Pianim, the economist and former government technocrat in the 1970s, has said. Speaking at a forum convened by the Bank of Ghana (BoG) to discuss ways to boost foreign exchange inflows to stem the chronic depreciation of the cedi, Mr. Pianim, who chaired the forum, strongly criticised
Urgent action is required to improve the health of the world's limited soil resources and stop land degradation, so as to ensure that future generations have enough supplies of food, water, energy and raw materials, government representatives and experts meeting at FAO have warned. The Global Soil Partnership has endorsed a series of action plans at its plenary assembly in Rome today to safeguard soil resources which provide the basis for global agricultural production. Recommendations include
The International Chamber of Commerce (ICC) is rallying its global network to highlight the adverse consequences of missing a first deadline to implement the World Trade Organisation’s (WTO) Trade Facilitation Agreement (TFA). The ICC action follows reports that a small number of WTO members, including India, have proposed postponing implementation until negotiations on other aspects of the accords reached in Bali last year are complete. The Trade facilitation agreement is a trade protocol aiming
The governments of Ghana and France have signed a €800 million a financing agreement to facilitate the implementation of the SPF Project “Strengthening the accountability of Ghana’s central and local administrations. According to the French government, the objective is to contribute to the culture of accountability through practical and concrete support to specific mechanisms, both at central and local level, involving the full range of stakeholders. The agreement is composed of three operational
Government has drummed home the need to strengthen and deepen the country’s capital market as an alternative source of financing the development agenda, as development funds and donor funding have become limited and costly following the country’s elevation to lower middle-income status. According to Finance Minister, Seth Terkper, rebasing of the economy which has expanded the country’s per capita income has come with a pricy tag as lenders and donors have re-evaluated their terms. In a speech
By Benson AFFUL​ The Association of Ghana Industries (AGI) has urged government to take a second look at the trade liberalisation policy to protect local industries. Consequently, it has suggested that government introduce a tax regime that provides a disincentive to importing raw materials that exist locally. “Nobody can promote our local brands better than ourselves, particularly at a time when our borders are wide open to imports. Our economy has become over-liberalised,†Mr. Asare Adjei,
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS