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
An associate professor of economics at Niagara University, Dennis Nsafoah, has described the 2024 budget as a victory for the country’s fiscal authorities but an economic burden for Ghanaian households and businesses. Speaking at The Investment Dialogue organized by Citi FM/Citi TV in collaboration with Tesah Capital on February 15, Professor Nsafoah said the former […] The post 2024
By Katharina PISTOR Rulers have always found it hard to accept limits on their power. When the French parliament disputed Louis XIV’s edicts in 1655, the king of France and Navarre is said to have responded: “L’état, c’est moi” (“I am the state”). The ensuing age of absolutism in France ended only with the French […] The post Elon Musk and the absolutist revival
The Wa magistrate court has remanded five suspects who were arrested in connection with the murder of the Chief Executive Officer of the Royal Cosy Hills Hotel, popularly known as ‘Jirapa Dubai’, Mr Eric Johnson. The five were among some seven suspects arrested after the gruesome murder of the CEO who was found dead in […] The post Five suspects remanded
Jemima Mamaa Oware The Office of the Registrar of Companies (ORC) has announced processes to remove 8,531 companies limited by shares in default for more than two years from Read More... The post ORC To Strike Out 8,531 Companies appeared first on DailyGuide
Access to financial services continues to play a pivotal role in driving economic growth in nations across the globe. In the wake of rapid post-COVID-19 structural transformations in economies worldwide, the issue of financial inclusion has taken centre stage in national policy discussions. Financial inclusion stands as a vital indicator for inclusive growth in any […] The post
By Sanusi Zankawah (PhD) The surge in food prices has placed significant strain on consumers and has raised concerns about food security. In response to these challenges, Ghana’s government has implemented various measures, including the establishment of a buffer stock system, to mitigate the impact of food inflation and ensure the availability of essential commodities. […] The post
Speakers at the Old Swesconians Association annual thought leadership program have urged a rethink of Ghana’s agricultural sector to drive food self-sufficiency. The event, dubbed ‘The Swedru Conversations,’ brought together industry and academia with the objective of providing practical strategies to make Ghana regain its spot as an agrarian economy. Organized under the theme, “Feeding […] The post The
Finance and economic experts argued that Ghana could take advantage of its service industry to boost the economy. Time has proven that that ambition is far-fetched. The service industry in Ghana – from the hospital, hospitality, educational institutions through legal services to banking services – is self-satisfaction of the staff rather than the customers who […] The post
In a significant step towards fostering gender equality in the realm of science, Christ the King Senior High School in Obuasi played host to a symposium marking the International Day of Women and Girls in Science 2024. The event, organized by AngloGold Ashanti Obuasi Mine and the Ghana Institution of Engineering, Women in Engineering, aimed […] The post Female students
Management of Achimota Retail Centre (Achimota mall) has announced that it has lined up a package of special activities for the month of Love that could make St Valentine jealous and lure Cupid himself to play guest at the mall this valentine season. “For this year’s Val’s day celebration, we have exceeded the usual; […] The post Pure love is brewing at Achimota
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The Member of Parliament for Dome-Kwabenya, Sarah Adwoa Safo, has expressed her continued commitment to canvassing and rallying support for the New Patriotic Party (NPP) to achieve its goal of winning the 2024 general elections. Adwoa Safo, who faced defeat in the party’s primaries on January 27, asserts that she will do everything possible to […] The post I’m committed
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In a bold declaration, Dr. Mahamudu Bawumia, the Flagbearer of the New Patriotic Party, has announced that he will abolish the controversial e-levy, bet tax, and emissions tax if Read More... The post E-Levy, Bet Tax, Emissions Levy To Go– Bawumia appeared
President Nana Addo Dankwa Akufo-Addo is set to present his final State of the Nation Address (SONA) to Parliament on Tuesday, February 27, 2024. The announcement was made by Read More... The post President Akufo-Addo To Present Last SONA On Feb 27
Senegal’s parliament voted to hold a postponed presidential election on 15 December in the face of a public outcry over the decision by President Macky Sall to postpone the elections due later this month. The decision threatens to tarnish Senegal’s reputation as a bastion of democratic stability in a region swept by coups. Riot police fired tear […] The post Senegalese
Special Prosecutor Kissi Agyebeng The Office of the Special Prosecutor (OSP) has returned the assets and cash seized from Cecilia Abena Dapaah, bringing an end to a long-standing legal Read More... The post OSP Returns Cecilia Dapaah’s Money appeared first on DailyGuide
Sentinel Commercial Real Estate Investment Trust acquires One Airport Square The Sentinel Commercial Real Estate Investment Trust (the Sentinel REIT), the first Real Estate Investment Trust (REIT) licensed under the current Securities and Exchange Commission (SEC) REIT Guidelines has acquired One Airport Square (OAS), the iconic Grade A building in the prime area of Accra’s […] The post Sentinel
Police in Senegal cracked down on protests in the capital Dakar and at least one senior opposition figure was arrested a day after President Macky Sall announced the indefinite postponement of the presidential election scheduled for February 25. The European Union on Sunday said the postponement opens a “period of uncertainty”, and the United States […] The post Police
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