Tag Archives: crisis

The Electricity Company of Ghana has warned of an imminent power and water crisis within the Greater Kumasi areas if stringent measures are not instituted to check encroachment on lands bordering transmission sites and power lines. The power distributor is also worried as the situation is adversely affecting its operations, …

Former President John Dramani Mahama has poked the Nana Addo Dankwa Akufo-Addo government accusing it of running the country into a crisis. He added in an interview with Ugandan channel, NBS TV, that Ghana was running into debt and government had nothing to show for its wanton borrowing. “It’s been around six years so …

President Nana Akufo-Addo’s flagship programme, the Free Senior High School (Free SHS) policy, is faced with a major challenge of feeding the beneficiaries, especially those in boarding schools as food suppliers get ready to withdraw services over a GHC500milion debt owed them. The New Publisher gathered that though the situation …

The Deputy Chief Executive Officer of the Ghana Forestry Commission, Iddrisu Musah Superior, has hinted that the ruling New Patriotic Party (NPP) is in serious crisis. Speaking in an exclusive interview on ‘Dwene Ho Biom’ a political talk show hosted by Agya Wusu on Accra-based Hot 93.9FM, Musah Superior stated without …

The President, Nana Addo Dankwa Akufo-Addo, over the weekend held a quarterly cabinet retreat at the Peduase Lodge to decide on ways to mitigate the current economic challenges. Finance Minister, Ken Ofori-Atta on Thursday, March 24, addressed the press on details of the retreat stating that the government has decided among …

Nigeria’s fuel shortage and a month-long power blackout have converged into a perfect storm scenario, paralysing the economy of Africa’s most populous country, causing social anxiety and raising questions about the country’s self-sufficiency in a resource it produces. As the sixth world crude oil producer, with a significant chunk of …

Deputy Finance Minister, John Kumah, has affirmed Prof Kwesi Botchwey’s assessment that Ghana is in an economic crisis. In an interview on Neat FM, monitored by GhanaWeb, John Kumah said that the government acknowledges there are difficulties, but these difficulties are not beyond the strength of the country. The deputy minister …

Former Finance Minister, Professor Kwesi Botchwey, has indicated that Ghana currently is in crisis and it’s about time government realizes the problem and faces it squarely. He continued that government can’t return to the International Monetary Fund (IMF) for financial assistance. According to him, Ghana has borrowed so much money …

Chelsea football club owner, Roman Abramovich, has disclosed that he is set to sell the London club because of current developments between Russia and Ukraine. His statement on February 2, 2022, among others stated that he will not be seeking any loan repayments from the club and that monies from …

The ongoing geopolitical tension between Russia and Ukraine will not have much impact on Ghana’s petroleum products, a former Chief Executive Officer of the Ghana National Petroleum Corporation (GNPC), Mr Alex Mould, has said. Therefore, he said, there should be no panic at all among stakeholders. Instead, Mr Mould asked …