The government is urgently seeking to build on the momentum of its debt restructuring efforts, following the recent agreement with official creditors to restructure debts extended to the country up until December 2022. Having overcome this hurdle, Reuters reports that government officials will re-engage with its international bondholders from next week, seeking to continue discussions […] The post
The Member of Parliament for the Akim Abuakwa South constituency, Samuel Atta Akyea, has criticized individuals who blame Vice President Dr. Mahamudu Bawumia for the country’s economic woes. He acknowledged that the economy is not in its best form, describing it as ‘unkind’ and ‘cruel’ for anyone to attribute economic issues in the Akufo-Addo government […] The post It’s
With misfortunes of the early 2020s finding their way into 2023, it is not uncommon for people to predict continued economic hardship in the new year of 2024. Two weeks into the new year and the Gaza Strip war has already escalated to epic proportions. Thus, it is not strange to expect doom on the […] The post Trade expert predicts
Fiscal space, in its simplest form, is the capacity of governments to adjust their revenue and expenditure policies to overcome economic shocks and foster growth. It is a precarious balance between short-term responsiveness and long-term prudence. It is essential to realise that fiscal space is not an abstract concept. It is tangible and can be created through […] The post
Consumer inflation eased further in December 2023 – closing at 23.2 percent, down from November’s 26.4 percent per data from the Ghana Statistical Service (GSS). This 3.2 percentage point decline aligns with forecasts, providing relief from the previously higher and persistent inflation. Cumulatively, inflation dropped 30.4 percent during 2023 while average inflation was 39.91 percent. […] The post
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Real Madrid want to add Bayern Munich and Canada left-back Alphonso Davies to their squad for next season. Davies, 23, has a contract until June 2025 with German champions Bayern. He has played in all but one of their Bundesliga games this season and started all six Champions League group-stage matches. Real Madrid manager Carlo […] The post Real Madrid to sign Bayern’s Alphonso Davies
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President Nana Addo Dankwa Akufo-Addo has declared that after three years of economic turmoil, Ghana is finally turning the corner. In a Christmas message to Ghanaians, the President conveyed his satisfaction that the country has successfully navigated the difficulties faced not only by Ghana but by the entire world. He highlighted positive indicators of economic […] The post After
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AmaliTech, a leading IT training & IT services company in Europe and Africa, celebrated the official opening of their new office in Accra recently. This comes months after they moved into the space and started making an impact on the local community. AmaliTech, which is headquartered in Germany and has offices in Rwanda and Ghana, […] The post AmaliTech’s
In a heart-warming gesture of compassion and commitment to healthcare, We Care Foundation, a Non-Governmental Organisation (NGO), has made a generous donation to babies in the Neonatal Intensive Care Unit (NICU) at the Greater Accra Regional Hospital. The contribution aims to support the wellbeing of three children in need of medical care and attention. We […] The post WE CARE Foundation Donates To
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