The euro fell against the dollar and investors braced for a bumpy ride on Monday as Italy appeared headed for a period of political and financial turmoil. Prime Minister Matteo Renzi announced early Monday that he would resign after his program of constitutional reform was rejected by Italian voters by a clear majority in a … Read more
U. S. employers likely boosted hiring in November amid growing confidence in the economy, making it almost certain that the Federal Reserve will raise interest rates later this month. Nonfarm payrolls probably increased by 175,000 jobs last month after rising by 161,000 in October, according to a Reuters survey of economists. The Labor Department will … Read more
An economist, Dr. Lord Mensah, has said the auctioning by the central bank of part of the US$1.8 billion cocoa syndicated loan proceed could impact negatively on the local currency. His argument stems from the fact that commercial banks are likely to bid for the dollar above the current interbank rate of GH¢3.98, which could … Read more
The Bank of Ghana(BoG) will today auction the first of three dollar auctions for this year to commercial banks in the country as part of moves to stabilize the cedi. The 1.8 billion dollar proceeds which are from the cocoa syndicated loan, will be embarked on this morning with a volume target of 20 million … Read more
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial observers have stated that the regulations guiding the process may put excess pressure on the banks. “You could clearly that the move by the central bank is to try to influence the banks’ rate in … Read more
As the Bank of Ghana prepares to commence its first dollar auction to banks through a competitive bid, some financial observers have stated that the regulations guiding the process may put excess pressure on the banks. “You could clearly that the move by the central bank is to try to influence the banks’ rate in … Read more
The Vice Presidential nominee of the New Patriotic Party (NPP) Dr. Mahamudu Bawumia, has challenged the Vice President Kwesi Amissah Arthur, to prove him wrong by answering the 170 questions he posed on the state of Ghana’s economy. According to Dr. Bawumia, Mr Amissah-Arthur has not been able to prove to Ghanaians his understanding of … Read more
The Vice Presidential nominee of the New Patriotic Party (NPP) Dr. Mahamudu Bawumia, has challenged the Vice President Kwesi Amissah Arthur, to prove him wrong by answering the 170 questions he posed on the state of Ghana’s economy. According to Dr. Bawumia, Mr Amissah-Arthur has not been able to prove to Ghanaians his understanding of … Read more
Folks, there is a lot happening to suggest that the high hopes inflating the NPP camp of an electoral victory in the next few days are mere sand castles—mere gigantic castles in the air. Those building them refuse to see things beyond their noses even as they dig deep into the coffers for more resources … Read more
The running mate of the opposition New Patriotic Party Dr. Mahamudu Bawumia has run down the achievements of the John Mahama led administration. President Mahama has been campaigning for re-election with social infrastructure being one of his main trump cards. However, speaking to electorates of Tempane in the Upper East Region as part of his … Read more
The running mate of the opposition New Patriotic Party Dr. Mahamudu Bawumia has run down the achievements of the John Mahama led administration. President Mahama has been campaigning for re-election with social infrastructure being one of his main trump cards. However, speaking to electorates of Tempane in the Upper East Region as part of his … Read more
Political parties in the country have rejected polls conducted by Managing Editor of The Daily Dispatch, Ben Ephson, which said President John Dramani Mahama will win the December 7 election. According to Mr Ephson’s polls, Mr Mahama will win with 52.4 per cent of votes. The polls gave Nana Akufo-Addo of the New Patriotic Party … Read more
The New Patriotic Party (NPP) will place much premium on election polls done by “credible” institutions such as the Institute of Economic Affairs (IEA), Centre for Democratic Development (CDD), Economist Intelligence Unit (EIU) and the like than polls done by individuals like the Managing Editor of the Daily Dispatch newspaper, Ben Ephson, Communications Director of … Read more
Vice President Bekoe Amissah Arthur has described Dr. Mahamudu Bawumia’s 170 questions about the Ghanaian economy, under the NDC government, as mere lies and claims. According to him, it is strange that the former deputy governor of the Central Bank is going around making statements and claims, and yet posing them to the public as … Read more
Vice President Kwesi Bekoe Amissah-Arthur’s comment that opinion polls threaten Ghana’s democracy is because those polls spell doom for the governing National Democratic Congress (NDC) in December’s polls, political science lecturer Dr Richard Amoako Baah has said. Mr Amissah-Arthur, during the commissioning of a 550-bed boys’ dormitory for the Enyan Abaasa Technical Institute in the … Read more
The vice presidential candidate of the New Patriotic Party (NPP) has said he is heartbroken following the sudden death of his press aide Kwabena Boadu in the line of duty. Dr. Mahamudu Bawumia in a brief tribute described the 29-year-old as a brother, colleague and a confidant. “I am devastated,” Bawumia wrote on his Facebook … Read more
The presidential candidate of the Convention People’s Party (CPP) has ended his tour in the Northern Region, urging the electorate in Walewale to reject the New Patriotic Party (NPP) overtures because it is a party of vengeance. “All I’m telling the people of the three regions of the north and the people of Ghana is … Read more
After the 2008 general elections in Ghana, Dr. Cobina Arthur Kennedy, one of the fore runners, and former flag bearer aspirant of the New Patriotic Party -NPP, wrote a book, obviously a sequitur of the reasons among other things that caused the New Patriotic Party its unsuspecting defeat. The book which has the infamous title, … Read more
The presidential candidate of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, will remain a survey president, National Organiser of the National Democratic Congress, Kofi Adams has said. He said polls projecting a win for Nana Akufo-Addo who is making his third attempt at the presidency, are a mere strategy employed by the NPP to … Read more
New opinion polls conducted by three different bodies tip the New Patriotic Party (NPP) presidential candidate, Nana Addo Dankwa Akufo-Addo, to win the December 7, presidential election in the first round. According to the polls conducted by GN Research, 51 percent of Ghanaians are confident that the flag bearer of the NPP is the best … Read more