Latest data from the Ghana Statistical Service indicates that the cumulative growth of the economy stood at 2.9 percent in 2023. This is a 0.9 percentage points drop from the 3.8 percent recorded in 2022 but higher than the government’s revised target of 1.5 percent for the period under review. The fourth quarter also expanded […] The post Ghana’s economy expanded by 2.9% in 2023
By Korsi DZOKOTO In the realm of economic management, Ghana stands as a stark example of the profound impacts of mismanagement and corruption on a nation’s fiscal health. The story of Ghana’s economic trajectory is one of promise overshadowed by poor governance, inflated project costs, and unchecked borrowing. As we delve into the intricate web […] The post Counting the cost
Economist and senior lecturer at the University of Ghana, Dr. Adu Owusu Sarkodie, has stated that a consistent decline in inflation has resulted in drastic price reductions as the economy continues a steady rebound. Speaking on TV3’s Ghana Tonight programme on Monday, March 18, Dr. Adu Sarkodie pointed out that there have been improvements in […] The post Reduction
As part of this year’s International Women’s Day celebration, the Ghana Export-Import Bank (GEXIM) donated to the Adabraka Polyclinic. A delegation from the bank, led by the Deputy Chief Executive Officer responsible for Finance and Administration, Nana Akyaa Obeng-Adiyiah, donated a variety of items – including detergents, mops and brushes, bedsheets and provisions worth GH¢20,000 […] The post
By Ferdinand D. ADADZI Introduction Timestamp: Thursday, 14th March, 2024 @ 10.06 pm. We are back to erratic power supply.⚡️ ⚡️ ⚡️ You can call it dumsor or it is not? 🤷♂️ Fact still remains, there are serious challenges in power supply to residents and businesses. In the midst of the challenges, there are plenty […] The post Offgrid
Award-winning artist, Sharon Dede Padiki has commenced her painting marathon seeking to break the Guinness World Record for the longest painting by an individual. The post Guinness World Record : Artist Sharon Padiki embarks on 168-hour painting marathon first appeared on 3News.
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
…global players exploring opportunities within AfCFTA By Kestér Kenn KLOMEGÂH The scramble for the multidimensional control of the African continent by global players is a geopolitical reality. In order to be part of this geopolitical arena, foreign players have been devising different mechanisms for revitalizing partnership and strengthening cooperation with Africa, says Dr. Babafemi A. […] The post
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
When it comes to Live Band Music, the Lipstick Queens need no introduction as they have become one of the best bands and certainly the best female-only Band in Ghana and they are known for their quality and versatility as they are able to play all genres of songs from rhythm & blues to afrofusion. […] The post Lipstick Queens to rock Blackberry Lounge tonight
By Roselyn Fosuah ADJEI Over the past few years, intense media scrutiny has prompted a growing number of companies to pursue high-quality carbon credits. Seeking to avoid accusations of ‘greenwashing’, many of these firms are no longer content with merely offsetting their emissions and have been actively seeking credits that deliver tangible benefits to local […] The post Carbon
I prefer we dig right into the pointers on the ends of the spectrum of job-seeking insights, highly relevant to a successful hunt, and leave the googleable stuff at the latter part of the article. Essentially, we start from the middle… THE IMPORTANCE OF SOFT SKILLS IN A TECH-DRIVEN MARKET While technical skills can […] The post Modern Skills and Strategies
The National Democratic Congress General Secretary, Fifi Fiavi Kwetey, says the 24-hour economy proposal being championed by his party’s flagbearer, John Mahama, is a transformative initiative that aims to address Ghana’s increasing unemployment crisis and reshape its economic landscape. His statement follows the surge in Ghana’s unemployment rate, especially among the youth, citing statistics from […] The post Mahama’s
The Executive Director of Ghana’s Environmental Protection Agency (EPA), Dr. Henry Kwabena Kokofu, has disclosed that plans are far advanced to turn the Agency into an Authority. He was speaking during the UK-Ghana Chamber of Commerce’s (UKGCC) webinar on ‘Navigating Environmental Regulations: Ensuring Compliance with EPA Guidelines in Ghana’. “The Environmental Protection Law is being amended to change the EPA […] The post
Archbishop Charles Agyinasare, the Founder and Senior Pastor of Perez Chapel International, has called upon believers to pray for peace in the Middle East amidst the ongoing conflict between Israel and the Gaza Strip. During a sermon delivered on Sunday, February 25th, he emphasized the need for people of all backgrounds to be concerned about […] The post Israel-Gaza
In a period of unprecedented technological advancement, harnessing the power of technology and digitalisation presents a promising solution to one of the most pressing challenges facing economies worldwide: unemployment. Ghana, like many other nations, grapples with the scourge of joblessness, but amidst the gloom, there shines a beacon of hope – the rapidly growing FinTech […] The post
The Executive Vice President of the African Center for Economic Transformation (ACET), Mavis Owusu Gyamfi, has emphasised the need for fiscal prudence to bolster Ghana’s economy. According to her, fiscal prudence means making wise and careful decisions regarding financial matters, particularly in the management of government funds and public money. In an interview with Bernard […] The post We
In a collaborative effort, a joint task force involving the Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security successfully seized over 1,000 units of 25 litres of vegetable oil suspected to be smuggled. The operation took place at a warehouse located […] The post Joint
Dr. Ernest Addison, Governor of the Bank of Ghana has emphasized the pivotal role of digital technologies in shaping Africa’s future. Speaking passionately about the urgency of embracing digitization in trade and finance, Dr. Addison at the launch of the 3i Africa Summit highlighted Africa’s strengths, including a tech-savvy youth population, extensive mobile penetration, expanding […] The post
By Buertey Francis BORYOR Business leaders have been reminded of the need to incorporate environmental, social and governance (ESG) principles into their operations and business strategies to enable the world to meet the Sustainable Development Goals (SDGs) target by 2030. The United Nations Global Compact Network Ghana’s Board Chairman, Sulemanu Koney, who made the appeal […] The post
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