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Tag Archives: Ghana’s

Ghana’s public debt reduces to GH¢434.6 billion, 71% of GDP

Ghana’s public debt stood at GH¢434.6 billion as of December 2022 according to the Bank of Ghana’s Summary of Economic and Financial Data for April 2023. This is a reduction of GH¢141.1 billion in the country’s public debt. This represents 71.6% of the country’s Gross Domestic Product. This is a reduction …

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Countryman Songo makes wild allegations about Ghana’s U-17 team that won UEFA tournament

Controversial sports journalist, Patrick Osei Agyemang also known as Countryman Songo is alleging that the players that represented Ghana in the UEFA under-16 tournament are beyond the age of 17. According to Songo, the players who were selected are clients of some officials of the Ghana Football Association. Songo also …

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Ghana’s domestic cocoa production surpasses Ivory Coast – ICCO

Ghana has surpassed Ivory Coast in cocoa production over the half year 2022/23 crop season, according to the latest Cocoa Market Report by the International Cocoa Organization (ICCO). As of 31 March 2023, cumulative arrivals of cocoa beans in Ivory Coast were lagging behind previous season levels, while the volume …

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FLASHBACK: How Ghana’s central bank was formed in the 1950s

Across the world, central banks play key roles in developing policies, regulation, and the management of a country’s finances, assets and other related securities. For Ghana, what many know as the Bank of Ghana did not only start from the idea of being a Central Bank in the 1950s. According to a …

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Ghana’s crude oil production declines for third consecutive year

     Crude oil production has been on the decline at an average of 10 per cent per annum for three consecutive years, the Public Interest and Accountability Committee (PIAC) has observed. It explained that a volume of 71,439,585 barrels (bbls) was produced in 2019, but declined to 66,926,806 bbls in …

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FIFA looks back at Ghana’s impressive World Cup campaign in 2010

World football governing body, FIFA has in a post on social media thrown back to Ghana’s outstanding campaign at the 2010 World Cup. At the tournament hosted in South Africa, the Black Stars did very well and caught the eyes of the entire world. Having sailed through the group stage, …

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What Ghana’s law says about restriction on use of military uniforms

In one breath, the Ghana Police Service wants to enforce a law that is little known to many Ghanaians, while on the other, those found culpable just cannot understand why there is such a fuss about civilians wearing camouflage in Ghana. More recently, all of these conversations have gained a lot of …

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‘We support Ghana’s IMF move, will keep pushing creditors for debt cuts’ – US Vice President

US Vice President Kamala Harris has said the American government is in full support of Ghana’s talks with the International Monetary Fund for a bailout. She also announced during a joint press conference with Ghanaian leader Nana Akufo-Addo at the Jubilee House on Monday, 27 March 2023, as part of …

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These three Ashanti men are said to own some of Ghana’s biggest malls

The Ashanti people of Ghana are noted for their industrious nature and rich culture. A number of Ashantis have made great strides in the field of business and commerce, both locally and even on the international stages. A post shared by The Asante Nation on Facebook highlights the achievements of …

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Akufo-Addo cautions against amending Ghana’s ‘most successful and lasting’ constitution

During a ceremony to swear in three members of the National Commission on Civic Education (NCCE), President Akufo-Addo urged caution in the ongoing national debate over amending Ghana’s Constitution. He cautioned against wholesale or limited amendments, noting that “the Constitution has provided the bedrock for the longest uninterrupted, stable period …

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