Sunday, December 22, 2024

Economic

“GNAT Urges Next Administration to Dedicate Funds to Support Pre-Tertiary Education”

The Ghana National Association of Teachers (GNAT) is pushing for the state to urgently set up a system of dedicated funding for senior high, junior high and basic schools, also known as pre-tertiary education.  The largest pre-tertiary grouping of teachers...

“COCOBOD’s Struggles Amid High Cocoa Prices Due to Weak Harvests – IMF.”

The International Monetary Fund (IMF) has flagged 2024 as a particularly challenging financial year for Ghana Cocoa Board (COCOBOD) despite some gains recorded in 2023. According to the Bretton Woods institution, COCOBOD has struggled to capitalize on record-high global cocoa...

PMMC Condemns Disruption at National Assay Centre, Affirms Gold Bars are Controlled by BoG.

The Precious Minerals Marketing Company (PMMC), Ghana’s legally mandated National Assayer, has expressed deep concern over an incident at the National Assay Centre located at the Aviance Cargo Terminal in Accra.  The disruption, led by a mob allegedly headed by...

“President-elect John Mahama’s vision for the future of Free SHS.”

President-elect John Dramani Mahama has reaffirmed his commitment to Ghana’s Free Senior High School (Free SHS) policy, assuring Ghanaians that the programme will remain intact while undergoing reforms to address its challenges.  He mentioned that its future direction will be...

Ghana’s Economic Recovery Faces Risks, IMF Warns Amid Stabilization Efforts.

The International Monetary Fund (IMF) has completed the third review of Ghana's $3 billion Extended Credit Facility (ECF) programme, highlighting significant risks that could derail the country’s economic recovery despite recent progress. While Ghana’s performance under the programme was deemed...

“Parliamentary Dispute Delays Ghana’s Access to $300 Million World Bank Loan.”

The government has admitted that the parliamentary impasse has stalled the disbursement of $300 million in World Bank funding for Ghana. This amount is part of a larger financial support package from the World Bank aimed at stabilising the economy,...

Ghana to face liquidity pressures in 2025, 2026 despite restructuring most of its debt – Fitch.

Rating agency, fitch has projected that Ghana is likely to face liquidity pressures in the coming years. Ghana's interest rate revenue ratio is also projected to be among the highest on Fitch's list. Despite restructuring most of its debt,...

Akufo-Addo commissions new Bank of Ghana Headquarters.

President Nana Addo Dankwa Akufo-Addo has commissioned the new state-of-the-art headquarters of the Bank of Ghana (BoG) in Accra, marking a significant milestone in the Central Bank’s efforts to enhance its operations and service delivery. The commissioning ceremony, held on...

Tap Ghana’s strategic potential for economic growth – Kufuor urges U.S. investors.

Former President John Agyekum Kufuor has called on American businesses and investors to explore opportunities in Ghana, emphasizing the country’s potential for fostering mutually beneficial economic partnerships. Highlighting Ghana’s strategic location and abundant natural resources, Kufuor stated that the nation...

Akufo-Addo regrets working with Ken Ofori-Atta – Dr Nduom.

Founder and President of Group Nduom, Dr Papa Kwesi Nduom claims President Nana Akufo-Addo regrets working with former Finance Minister Ken Ofori-Atta. He stated that the President believed Mr Ofori-Atta was the best candidate for the role, but this did not...
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Latest News

“Parliament Adjourns to January 2 Without Approving Expenditure in Advance of Appropriation”

Parliament has adjourned its seventh meeting of the fourth session of the Eighth Parliament to January 2, 2025, without...
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