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
The President and General Overseer of the Worldwide Miracle Outreach the Reverend Dr. Lawrence Tetteh, has urged Ghanaians to pray and seek God’s mind concerning the upcoming elections. He said , leadership was spiritual and that it was important not to ignore the God factor in the selection of a leader for the country. Rev. … Read more
Former General Secretary for the New Patriotic Party (NPP), Kwadwo Owusu Afriyie has counseled President John Dramani Mahama to commend Dr. Mahamudu Bawumia than condemning him. To him Dr. Bawumia as an economist has disclosed and outlined a lot of issues to be taken note of by this ruling government and has as well enlightened … Read more
President-elect Donald Trump says the US will quit the Trans-Pacific Partnership trade deal on his first day in the White House. He made the announcement in a video messageoutlining what he intends to do first when he takes office in January. The TPP trade deal was signed by 12 countries which together cover 40% of … Read more
Economist, Dr. Lord Mensah has ruled out an immediate reaction from commercial banks following the reduction of the policy rate. Though he has lauded the Bank of Ghana (BoG)’s decision to reduce the rate, he describes the figure as marginal. According to Dr. Lord Mensah, businesses must therefore be guarded in their expectations of a … Read more
Economist, Dr. Lord Mensah has ruled out an immediate reaction from commercial banks following the reduction of the policy rate. Though he has lauded the Bank of Ghana (BoG)’s decision to reduce the rate, he describes the figure as marginal. According to Dr. Lord Mensah, businesses must therefore be guarded in their expectations of a … Read more
The Economist magazine has observed that despite the fact that the John Mahama-led National Democratic Congress has messed up the Ghanaians economy, it is determined to rig the December 7 elections. According to the magazine, a cabinet minister in the current government has also admitted to cheating in the 2012 elections. “The 2012 election was … Read more
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has reduced the policy rate by 50 basis point to 25.5 percent after holding it at 26 percent for months. The policy rate, which is the rate at which the central bank lends money to commercial banks, before its reduction, had remained at 26 … Read more
Fool Nigeria once, shame on you. Fool Nigeria twice … It’s been a tough year for Nigerian President Muhammadu Buhari. The mood in Africa’s most populous nation is a far cry from the euphoria that greeted his historic 2015 election — the first time in Nigeria’s history that an opposition candidate unseated an incumbent president … Read more
Ghana’s total public debt has hit 112.4 billion cedis equivalent to 28.3 billion dollars, as at September 2016. The figure represents about 14 percent increase from the 98.8 billion cedis recorded in January this year. The latest Economic and Financial Data released by the Bank of Ghana also indicated that the country’s total debt represents … Read more
There is growing expectation on the Bank of Ghana (BoG) to announce a reduction in the policy rate as the governor prepares to publish results of the Monetary Policy Committee meeting later this morning. The Policy Rate, which is the rate at which the central bank lends money to commercial banks, has remained at 26 … Read more
Mexico just showed the first signs of its “contingency plan” to weather a Donald Trump presidency. To save the suffering Mexican peso, the central bank, known as Banxico, raised its key interest rate Thursday, citing the U. S. election as the main reason. “The view for the global economy became more complex, among other factors, … Read more
A former Rector of the Ghana Institute of Management and Public Administration (GIMPA) Professor Stephen Adie, has stated that any person Ghanaians will vote for at the polls will be the leader the country deserves. The academician insists that irrespective of the flaws of the person, Ghanaians have no right to complain because he/ she … Read more
A former Rector of the Ghana Institute of Management and Public Administration (GIMPA) Professor Stephen Adei, has stated that any person Ghanaians will vote for at the polls will be the leader the country deserves. The academician insists that irrespective of the flaws of the person, Ghanaians have no right to complain because he/ she … Read more
The business community, backed by some economists have intensified renewed calls for the central back to strongly consider cutting its policy rate to induce growth following the decline in inflation and stability in the cedi. The entreaty comes as the Monetary Policy Committee of the Bank of Ghana prepares to meet for the last time … Read more
Respected individuals will be speaking to the topic ” the Leader Ghana Deserves” Respected persons from the academia, traditional authorities, politicians and stakeholders seeking the welfare of the country will tomorrow determine the leader the country truly deserves ahead of the December 7 polls. The public debate organized by Ultimate 106.9 Fm in partnership with … Read more
The newly built Kwame Nkrumah Interchange is economically beneficial as it helps the public to save money, thereby indirectly putting money in the pockets of citizens, economist Edward Kareweh has said. At the inauguration of the Interchange on Monday, President John Mahama said US$100 million is lost annually through congestion around that enclave. With the … Read more
There is the need for the electorate in Ghana to ignore all the pre-election surveys pointing to which direction the December 7 elections will go, Felix Kwakye Ofosu, a Deputy Minister of Communications, has said. According to him, the surprise outcome of the US election of Tuesday November 8, which saw Donald Trump winning, has … Read more
A large line snakes its way down a dimly-lit street, as a group of bleary-eyed men waits patiently outside a bank in Zimbabwe’s capital. Some of them have been coming here for days, spending their nights lying on uncomfortable cardboard boxes in the hope that when morning comes they will be able to withdraw some … Read more
Running mate to Nana Addo Dankwa Akufo-Addo Dr. Mahamudu Bawumia has debunked claims made by Vice President Paa Kwesi Amissah-Arthur that restoring the teacher and nursing training allowances will collapse the economy. The economist explained that what is destroying the Ghanaian economy is the “incompetence, mismanagement and corruption of the government”. Dr. Bawumia also noted … Read more