Business
My presidency will create a balance and add value to humanity – Cheddar
The founder of The New Force, Nana Kwame Bediako also known as Cheddar says his ambition to become President of Ghana is not a personal goal but a call to take up the social responsibility of the nation. Speaking on Starr Chat with Bola Ray Thursday, Mr. Bediako stated that there is a social imbalance […]
The post My presidency will create a balance and add value to humanity
Business
Kejetia traders exposed to poisonous emissions – Federation Of Traders
Chairman of the Federation of Kumasi Traders, Nana Prempeh, has raised serious concerns, traders at the Kejetia Market particularly those at the ground floor are exposed to poisonous vehicular fumes. He made the disturbing observation in an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM. According to Nana Prempeh, the extractors installed to absorb these […]
The post Kejetia
General
I’ll use currency to unite the African continent – Cheddar
The founder of The New Force, Nana Kwame Bediako also known as Cheddar says he is going to use a currency to unite the African continent when the time is due. Speaking on Starr Chat with Bola Ray, Mr. Bediako stated that when he is able to make Ghana succeed he will join in […]
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General
Kan Dapaah’s defamation case: Court slaps Barker-Vormawor with GHC10K cost
A request filed by political activist, Oliver Barker-Vormawor to the High Court for the GHc10 million defamation suit filed against him by the National Security Minister to be struck out has been dismissed. The High Court presided over by Justice Rev Joseph Owusu-Adu Agyemang held that the application lacks merit. The court also awarded a […]
The post Kan Dapaah’s defamation
Business
Stanbic executive calls for involvement of financial institutions in wholesale electricity market
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […]
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Featured
Any govt depending on IMF is likely to fail – Grand Coalition
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […]
The post Any
Economy
Finance Ministry affirms progress in debt restructuring talks with creditors
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […]
The post
Economy
Gov’t determined to reach debt agreement within sustainable targets
By Joshua Worlasi AMLANU joshua.amlanu@thebftonline.com Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […]
The post
Business
Ghanaian women will benefit more from Mahama’s 24-hour economy – Shirley Naana
Shirley Naana Ampem, the Eastern Regional Women’s Organizer for the National Democratic Congress (NDC), has stated that Ghanaian women will be one of the major beneficiaries of John Dramani Mahama’s proposed 24-hour economy policy. According to her, the policy could significantly boost economic opportunities for women, particularly in the night market economy and key industries […]
The post Ghanaian
Agribusiness
K-Ricebelt project boosts domestic food security
The nation’s march toward improved food security has received a boost with the arrival of 330 tonnes of high-yielding rice seeds, courtesy of the K-Ricebelt project, a South Korean initiative spearheaded by the Korea Partnership for Innovation of Agriculture (KOPIA). This project signifies a new sphere in agricultural development, providing an additional window amid escalating […]
The post
Business
March’s 25.8% rate poses no threat to disinflation trend – analyst
By Joshua Worlasi AMLANU & Ebenezer Chike Adjei NJOKU joshua.amlanu@thebftonline.com / ebenezer.njoku@thebftonline.com The recent hike in inflation in March was ‘not surprising’ and poses no significant threat to the general recent disinflationary trend, Head of Research at GBC Capital, Courage Boti, has said. Consumer inflation reached a new high of 25.8 percent in March 2024, […]
The post
Economy
Don’t pay any fare outside the existing ones – GPRTU, GTRCC tell commuters
A strong caution against charging unapproved fares by certain drivers has been issued by the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC). In a press release dated April 11, they stressed that increasing transport fares without approval is illegal and that passengers should ignore any increases. “It has […]
The post Don’t
Economy
‘I’m shocked’ – Mahama on excessive import duty
Flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, has expressed surprise at the multiple levies and taxes imposed on imported vehicles at the port. Addressing members of the Ghana Union of Traders Association (GUTA) in Accra, the former president, however, lashed out at the traders’ union for not joining the NDC minority […]
The post ‘I’m shocked’
Economy
African economies projected to grow by 3.4% in 2024
but faster and more equitable growth needed to reduce poverty Increased private consumption and declining inflation are supporting an economic rebound in sub-Saharan Africa. However, the recovery remains fragile due to uncertain global economic conditions, growing debt service obligations, frequent natural disasters and escalating conflict and violence, according to the World Bank’s latest Africa’s Pulse […]
The post
Economy
Govt used Eurobonds to give ‘artificial strength’ to Cedi – Tamakloe
The Director of Legal Affairs for the opposition National Democracy Congress (NDC), Edudzi Tamakloe, has stated that the New Patriotic Party under President Akufo-Addo used the Eurobonds to cushion Ghana’s currency from depreciation from 2017 to 2021. He said the government decided to use Eurobonds to give the Cedi an ‘artificial strength’ emphasising that the […]
The post Govt
Business
Ghana’s economy is improving – BoG Governor
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […]
The post Ghana’s
Politics
2024 elections: Economic Fighters League urges collaboration to challenge NDC-NPP duopoly
The Economic Fighters League says it has been closely monitoring recent developments within the political landscape as prominent figures from the establishment defect to forge alliances with other movements, all aimed at challenging the entrenched dominance of the New Patriotic Party and the National Democratic Congress. The Fighters said they extend a warm welcome to […]
The post 2024
Economy
Transport fares hike: GPRTU to meet on April 10
The Ghana Private Road Transport Union (GPRTU) is set to meet on Wednesday, April 10, to deliberate on the possible increase in transport fares. However, the Western regional branch of the union has announced a 30-percent increment in transport fares for its members, effective Monday, April 8. The driver’s union has complained over the increasing […]
The post Transport fares hike: GPRTU
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