Tag Archives: Ghana’s

Johnson Asiedu Nketia, General Secretary of the National Democratic Congress has said everyone in the country is facing economic difficulties including the president Nana Akuffo-Addo. Speaking on OTEC FM’s afternoon political show dubbed, ‘Dwabrem’ Mr Asiedu Nkatiah on Friday August 19, 2022, Mr. Asiedu Nketia revealed ‘’the current economic crisis …

Policy and planning lecturer at the Kwame Nkrumah University of Science and Technology (KNUST), Dr Stephen Takyi, has suggested to churches to improve on their social support systems for the members. In the midst of economic challenges confronting the country, he suggested among other things to the managements of the …

Former Black Stars skipper, Asamoah Gyan has made his intention known that he desires to play at the 2022 FIFA World Cup. In an interview with BBC journalist John Bennett, Gyan, who has not been active for two years, said he has been on a three-month fitness course to put him in shape for …

In the words of Joseph Seth Aidoo Jnr, the Executive Director of one of Ghana’s largest real estate firms, Devtraco Group… “Ghana’s investment terrain, particularly its real estate market, provides financial security for potential business owners, as well as a landscape that offers comfortability for Diasporas.” This statement is testament …

International rating agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘CCC’ from ‘B-‘. In a report sighted by GhanaWeb, it noted that the downgrade reflects the deterioration of Ghana’s public finances which has contributed to a prolonged lack of access to Eurobond markets. This, Fitch said …

Professor of applied economics at Johns Hopkins University-USA, Steve Hanke, has suggested that the country’s economic outlook does not look favourable. The academic in a Twitter post on August 6 pointed to the depreciating Cedi as the reason for his claim. In his view, the country needs a currency board …

American credit rating agency, Standard and Poor’s (S&P) Global Ratings on Friday, August 5, pushed Ghana’s debt further into speculative territory, lowering its foreign and local currency sovereign ratings to CCC+/C from B-/B. According to a report by marketwatch.com, S&P said its outlook for the country remains negative, “reflecting Ghana’s …

President Nana Addo Dankwa Akufo-Addo has been described as the most useless president under the 4th republic and a dent on Ghana’s finances. That is the verdict of National Democratic Congress (NDC) stalwart P.V Jantuah Dadson Boateng. The former appointee in the erstwhile John Dramani Mahama’s admiration wonders the president continues to fail Ghanaians …

4th August was made Founders’ Day by President Nana Akufo-Addo when he was inaugurated in 2017. Even that is not devoid of controversy as citizens struggle over whether our nation has a founder or founders. Regardless of one’s position, one thing many if not most citizens admit is that this …

Yofi Grant, the Chief Executive Officer, of Ghana Investment Promotion Centre (GIPC), has stated that despite Ghana’s inflation rising, the economy is growing. According to him, the country’s economic growth and outlook continue to be positive. He stressed that the fundamentals of Ghana’s economy are resilient and strong and not …