The Ministry of Education’s latest report, seen by the Daily Statesman, has shed light on a momentous development within country’s education sector. The report delves into SHS enrolment trends spanning 2014 to March 3, 2024, revealing an unprecedented surge in Senior High School (SHS) enrolment. Increasing trend Analysing the data, the report unveils a remarkable […]
Customers of Gold Coast Fund Management in the Ashanti region have issued an ultimatum to the government to return their locked-up investments or they will campaign against the party in the upcoming elections. The customers, who are agitated and frustrated, have set a deadline of June 30, 2024, for the return of their funds. In […] The post Aggrieved
Service standard concerns Freight rates standardisation Transparency and predictability By Mohammed AWAL The Chief Executive Officer (CEO) of the Ghana Shippers’ Authority (GSA), Kwesi Baffour Sarpong, has requested that shipping line charges in the sector be predictable, competitive, transparent and uniform. In his opening remarks during a meeting with the Ship Owners and Agents Association […] The post
No government has looked out for the poor in terms of Education than the current Akufo-Addo-Bawumia government, a Presidential Staffer Mr Dennis Miracles Aboagye has said. He says that the New Patriotic Party (NPP) administration has given the biggest scholarship for education in the history of this country. In a post on his X platform, […] The post NPP govt has
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
Ghana does not need the Special Drawing Rights (SDR) of the International Monetary Fund (IMF) for economic growth, an economist Dr John Kwakye has said. In the view of the Director of Research at the Institute of Economic Affairs (IEA), Ghana can develop by relying on its natural resource wealth. “We don’t need any SDRs […] The post Economist
When a person provides his or her legitimately or illegitimately acquired funds or assets for terrorist activities or organizations the person will be financing terrorism, the Bank of Ghana (BoG) has said. The central bank said financing of terrorism is a crime and is punishable by law therefore people should be careful they do not […] The post Becareful you do not
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
No government has looked out for the poor in terms of Education than the current Akufo-Addo-Bawumia government, a Presidential Staffer Mr Dennis Miracles Aboagye has said. He says that the New Patriotic Party (NPP) administration has given the “biggest” scholarship for education in the history of this country. In a post on his X platform, […] The post NPP govt has given
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
The Ghana Mineworkers’ Union of the Trades Union Congress, has announced plans to stage a five-day protest at the Ministry of Lands and Natural Resources and the Jubilee House beginning on Monday, April 15, 2024. Their stance is to pressure the government into revoking the mining lease of Future Global Resources Limited, operators of the […] The post Mine
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
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
The Bank of Ghana (BoG) has revealed that it has reduced the scale of certain facilities in its controversial new head office, currently under construction. The BoG faced significant criticism over the construction of the new headquarters, with the Minority in Parliament demanding the removal or resignation of Governor Dr. Ernest Addison. Speaking before the […] The post Facilities
Despite millions of dollars invested in Ghana’s health systems to combat HIV, tuberculosis, and malaria, life-saving drugs and healthcare products for these ailments have been stuck at the Tema Harbour for over ten months. For those who depend on these medicines, the continued delay in clearing these medications put their lives at risk. Ghana is […] The post Stuck
Despite millions of dollars invested in Ghana’s health systems to combat HIV, tuberculosis, and malaria, life-saving drugs and healthcare products for these ailments have been stuck at the Tema Harbour for over ten months. For those who depend on these medicines, the continued delay in clearing these medications put their lives at risk. Ghana is […] The post Global
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
The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama has said that requests from the Ghana Grid Company (GRIDCo) for load management have become an irritation to customers. He explained that the requests have become so frequent that they are now a source of disturbance to customers. This is contained in […] The post GRIDCo’s
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