The Central African nation’s May 6 election appears to offer voters a choice. But it’s been masterminded, analysts say, to rubber-stamp the rule of the incumbent, Mahamat Idriss Déby.
The Ghana Health Service (GHS) has declared a nationwide COVID-19 vaccination campaign in response to escalating infections at various healthcare facilities. Set to commence from May 4 to May 10, 2024, the vaccination exercise aims to curb the surge in cases, particularly in parts of Greater Accra, which has recorded the highest numbers so far. […] The post GHS to embark
As Ghana’s banking sector approaches the crucial milestone of publishing financial results by the end of April 2024, it’s essential to remember that these figures are not mere numbers but a measure of the health of our financial institutions, which is the backbone of our nation’s economic prosperity. Financial results of banks offer valuable insights […] The post Icebergs
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […] The post
John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has expressed his astonishment at the multitude of levies and fees imposed on goods cleared at the ports. Addressing members of the Ghana Union Traders Association (GUTA), Mahama highlighted the financial burden faced by importers, particularly citing the example of a 2023 Lexus vehicle. […] The post I’m
but faster and more equitable growth needed to reduce poverty Increased private consumption and declining inflation are supporting an economic rebound in sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters and escalating conflict and violence, according to the World Bank’s latest Africa’s Pulse […] The post
“On Transgender Day of Visibility, we honor the extraordinary courage and contributions of transgender Americans and reaffirm our Nation’s commitment to forming a more perfect Union — where all people are created equal and treated equally throughout their lives. I am proud that my Administration has stood for justice from the start, working to […] The post Racism in LGBTQ+ appeared first on The
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […] The post The
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
Dext Technology Limited, a prominent education technology company in Ghana, has signed a memorandum of understanding with the University of Education, Winneba to enhance trainee teachers’ access to practical STEM tools. Through this partnership, Dext Technology Limited and the University will collaborate to explore various opportunities, including direct supply of STEM tools to the Department […] The post UEW
The latest data from the Bank of Ghana (BoG) has revealed that Ghana’s public debt climbed to a staggering GH₵610 billion as of December 2023. This figure reflects an Read More... The post Ghana’s Public Debt Hits
The President, Nana Addo Dankwa Akufo-Addo, has launched a book chronicling Ghana’s experience with the novel Corona virus. The launch of the book was held on Wednesday, March 20, 2024 at the College of Physicians and Surgeons in Accra. Authored by the Minister for Health Designate, Dr. Bernard Okoe Boye, the book is titled Fellow […] The post Akufo-Addo launches Okoe Boye’s Fellow Ghanaians
Kwaku Kwarteng, the Chairman of the Finance Committee of Parliament, has disagreed with government machinery that Ghana’s economic woes are largely to blame on global events such as the COVID-19 pandemic and the Russia-Ukraine war. The Obuasi West MP said reckless public spending and economic mismanagement of past and present governments are also major contributing […] The post Reckless
Kwaku Kwarteng, Chairman of the Finance Committee of Parliament and MP for Obuasi West has attributed Ghana’s current economic crisis to decades of reckless public expenditure and mismanagement by successive governments. In an interview with Accra-based JoyNews, the Obuasi West legislator noted that COVID-19 and Russia’s invasion of Ukraine are not solely responsible for the […] The post Kwaku
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
Renowned Nigerian singer, Timaya, recently opened up about his harrowing struggle with drug addiction, shedding light on a period that nearly derailed his life and career. In a heartfelt revelation, the Afro-dancehall artist shared the profound impact of his journey, serving as both a cautionary tale and an inspiring testament to resilience. In a candid […] The post Drug addiction almost ruined me – Timaya
Golden Star Wassa Ltd, through its Golden Star Development Foundation, on Thursday, February 1, 2024, cut sod to commence a series of development projects in its host communities. The beneficiary communities are Akosombo, Akyempim, Brofoyedur, Kubekro, Odumasi, Accra Town, Old Subri, Juaben, and Anyinabriem. The projects are estimated to be more than one million US […] The post Golden
Everyone loves myself enough to want someone that likes me-too Really, if you’re when you look at the a section of the nation where there try partners lesbians, a post-order bride-to-be would be recommended BTW that house is unbelievable. I’m not sure easily could stay in for example a great added particularly an awful country. […]
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
“It’s a difficult decision, but a necessary decision,” he said, “to protect public finances”, and move away from the “whatever it costs” measures introduced to prop up the economy during the Covid-19 pandemic and extended as energy costs skyrocketed with Russia’s invasion of Ukraine. In September the government had promised to not raise electricity prices more than […] The post French
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