By Barry EICHENGREEN For precisely three years, the economics profession has been collectively fixated on inflation. February 2021, exactly 36 months ago, was the last time consumer-price-index inflation in the United States (all items, 12-month percentage change) was at or below the Federal Reserve’s 2% target. This recent episode of above-target inflation now shows signs […] The post The
It appears the debate on which political party better manages the Ghanaian economy has been settled, as US-based Ghanaian economist, Prof. Dennis Nsafoah, says he hasn’t observed any significant difference after analysing economic data from 1992. The New Patriotic Party (NPP) has consistently claimed that it manages the Ghanaian economy better when in power compared […] The post Better
Deputy Director of the National Sports Authority, Bawa Abdul Majeed, has revealed that the government’s plan for the recently inaugurated Borteyman Sports Complex involves transforming it into a sports development hub following its role as the venue for the 13th African Games. This strategic move follows the successful commissioning of the multipurpose complex, marking Ghana’s […] The post 13th
Banking consultant, Dr. Richmond Atuahene, has called on the government to provide more affordable funds to private sector players to help stimulate the country’s economy. He stated that this approach would enhance the Gross Domestic Product (GDP) and promote economic stability. During an Investment Dialogue on Citi TV on Thursday, Dr. Atuahene pointed out that […] The post ‘Give
The confluence of social responsibility and innovation has become a potent engine for positive change in the dynamic economic and societal scene. The idea that social commitment fosters creativity is becoming more and more popular as businesses realize how important it is to play a part in the larger community. This article examines the mutually […] The post Social commitment;
Zenith Bank has reaffirmed its commitment to the real economy, as evidenced by a slew of measures geared toward empowering Micro, Small and Medium Enterprises (MSMEs) in the country, a move which it describes as ‘true banking’. This renewed dedication was announced by its Managing Director and Chief Executive Officer, Henry Onwuzurigbo, and comes on […] The post Zenith
Associate Professor of Soil Fertility at the University of Cape Coast (UCC), Prof Kwame Agyei Frimpong, has expressed deep concerns about the lack of investments in the agricultural sector. He further lamented the huge investments pumped into beauty pageants and musical concerts, which benefit a few, calling on Ghanaians to invest in the agricultural sector […] The post Let’s
On January 28, Niger, Mali and Burkina Faso announced their withdrawal from the 15-member Economic Community of West African States (ECOWAS) – from which all three had been suspended following the military coups that overthrew their democratically elected governments. This represents the greatest crisis the bloc has faced since its establishment in 1975. The three […] The post
Togbe Afede XIV, the Agbogbomefia of Asogli, has been invited to be a “distinguished panelist” at Harvard’s Africa Development Conference (ADC), set to take place on the 12th and 13th of April 2024 at Harvard University in Cambridge, Massachusetts. ADC stands as the premier global platform for meaningful discourse on Africa’s development and facilitates crucial […] The post
According to the Global Risks Report, some of the most severe risks the world may face over the next decade against a backdrop of rapid technological change, economic uncertainty, a warming planet and conflict is one that would not easily rebound from continued shocks. As cooperation comes under pressure, weakened economies and societies may only […] The post
The NPP is at a crossroads! In nearly eight years in power, the party has presided over “a boom and bust economy.” The party is fighting for its political life as it seeks to break an eight-year electoral cycle. And the person charged with turning this apparent impossibility into a possibilityis its flagbearer, Dr. Bawumia. […] The post Bawumia’s
Sally Akua Amoakowaa and Afia Schwarzenegger Sally Akua Amoakowaa, former wife of Dr. Kwaku Oteng of the Angel Group of Companies, has denied claims that she got pregnant for a Read More... The post I Never Got Pregnant For A Pastor- Akua Amoakowaa appeared first
The Director of Research at the Institute of Economic Affairs (IEA), Dr. John Kwakye, is calling on the government to adopt the US Inspector General (IG) system to help effectively fight corruption. Commenting on the New Patriotic Party’s flagbearer, Dr. Mahamudu Bawumia’s address on his vision to Ghanaians on Wednesday, February 7, Dr. Kwakye said […] The post Ghana
Strategic Communication Africa Limited (Stratcomm Africa), the organizers of the Ghana Garden and Flower Show (GGFS), has announced the cancellation of the much-anticipated special February edition of the GGFS. The event was scheduled to take place from 14th to 18th February 2024 at the GHUD Park, Accra Mall. This decision was made in response to […] The post Ghana
Associate Professor of Soil Fertility at the University of Cape Coast, Prof. Kwame Agyei Frimpong, has suggested to the government to channel its energies toward developing agricultural education and not solely focus on STEM education. He expressed concerns about the lack of infrastructure in agricultural faculties and colleges, describing the facilities in these areas as […] The post Don’t
Some mobile money users in the Ashanti Region are sceptical about the promise Vice President Dr. Mahamudu Bawumia gave concerning the scrapping of the e-levy if he becomes president of Ghana. The controversial tax was introduced in 2022 by the Akufo-Addo government. While delivering a public lecture on his vision for the country after he […] The post Scrapping
A group calling itself the Sunyani Youth Development Association has registered its displeasure with the abandonment of the Bono Regional Library project, which has been left to rot two decades after it was started. The Bono Regional Library was initiated in 2003 by the former member of Parliament for Sunyani, Joseph Henry Mensah, but it […] The post Group demands
Daniel Axim, second accused (A2) and a former Head of Operations at Microfinance and Small Loans Centre (MASLOC) has narrated how fugitive Christina Sedina Tamakloe Attionu pocked travelling allowances of staff. He said the former Chief Executive Officer (CEO) of MASLOC, Sedina’s Secretariat, kept part of staff travelling allowances. Axim cited countless occasions where Sedina […] The post MASLOC
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