Asantehene Otumfuo Osei Tutu II has slammed the government for their request for a $3 billion bailout from the International Monetary Fund (IMF) to support Ghana’s economic recovery. According to him, if the government comes to a point to understand their position in the country and give the private sectors …
Read More »Tema-Mpakadan Railway project; A railway line to nowhere – Sammy Gyamfi writes
1. The erstwhile NDC government, led by the visionary Nation Builder, H.E. John Dramani Mahama, initiated the Tema to Akosombo (now Mpakadan) railway project as part of the country’s strategy to build a multi-modal transportation network to improve connectivity between the Tema Port and the northern parts of the country …
Read More »Asantehene advocates for privatization of the energy sector to end dumsor
Asantehene Otumfuo Osei Tutu II has advocated for privatization of the energy sector to stop power crisis. He said the private sector should be given the mandate to run industries such as the Volta River Authority (VRA), Ghana Grid Company (GRIDCo), the Electricity Company of Ghana (ECG) in order to …
Read More »Ghana is very delighted about the re-appointment of Georgieva as IMF MD – Nana Addo
The re-appointment of Kristalina Georgieva to serve as International Monetary Fund (IMF) Managing Director for a second five-year term has brought joy to the Republic of Ghana. According to the president of Ghana, Nana Addo Dankwa Akuffo-Addo, the country is very delighted about the re-appointment of Georgieva as Managing Director of the IMF …
Read More »Ghana has one of the highest rates of access to electricity because of NDC – Mahama
Former President John Dramani Mahama has indicated that a lot of Ghanaians, especially those living in the rural areas have access to electricity because of the good works done by the former National Democratic Congress (NDC) administration. According to the flagbearer of the NDC, Ghanaians should thank the NDC if …
Read More »Techiman Krobohemaa promised to create market in the area
Newly enstooled Queen for Techiman New Krobo , Nana Adwoa Akwabea Sika, known in private life as Miss Eunice Owusuaa has announced her plans to implement measures aimed at creating a market at New Krobo in the Techiman South Municipality of the Bono East region. The Queen’s initiative to create …
Read More »A bag of cocoa is now GH¢2,070 in Ghana
The government of Ghana has increased the producer price of cocoa by 58.26 percent from GH¢20,928 per tonne to GH¢33,120.00 per tonne for the rest of the 2023/24 cocoa season. The new price of cocoa translates to GH¢2,070 per bag of 64 kg gross weight and it takes effect from …
Read More »Currency change has failed before and it will fail again – Nelson Chamisa
Zimbabwean politician and the former President of the Citizens Coalition For Change, Nelson Chamisa has reacted to the introduction of new gold-backed currency to replace the collapsed local dollar. The move, according to the Zimbabwean government, will tackle the economic crisis in the country over the years. The outspoken politician …
Read More »This is why Minority in Parliament are demanding increase in farm-gate price of cocoa
PRESS STATEMENT For Immediate Release 02/04/2024 MINORITY IN PARLIAMENT DEMANDS IMMEDIATE INCREASE IN FARM-GATE PRICE OF COCOA The Minority in Parliament has taken notice of recent developments on the international market relative to the prices of cocoa. We have observed that global cocoa prices have been soaring in recent time, …
Read More »Anybody who is currently experiencing dumsor is due to a localized fault – ECG
The Electricity Company of Ghana (ECG) has said any customer who is currently experiencing a power outage is due to a localized fault. According to ECG, the electricity problems have been fixed and so there is a stable national power supply (stable national grid). In a statement issued by the …
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