Head of the Economics Department at the University of Ghana, Professor Peter Quartey, has asked that government considers renegotiation of the IMF deal to reverse the conditionality which prohibits the central bank from financing government. His call comes on the back of government’s decision to abandon the sale of its fifth Eurobond of US$1 billion, … Read more
Economist and Managing Director of the Ghana Growth Fund Company (GGFC), Kwame Ofori Asomaning has warned government to forfeit its austerity measures and spend to save the country form its economic woes. According to him, the private sector relies on government’s expenditure to expand, hence any decision to undertake austerity measures will stifle the private … Read more
Deputy General Secretary of the National Democratic Congress (NDC), Koku Anyidoho has conceded that Ghana’s economy is indeed facing challenges. According to, “Ghanaians are gnashing their teeth because there are serious challenges and President Mahama has not run away from it”. Mr. Anyidoho was reacting to a survey conducted by the Centre for Democratic Development … Read more
The Minister for Employment and Labour Relations, Haruna Iddrisu, has stated that government cannot pay the interim premium being demanded by the Civil and Local Government Staff Association, (CLOGSAG). According to him, provision was not made for such payments in the 2016 budget. Members of CLOGSAG have been on strike for the past two weeks, … Read more
Former Rector of the Ghana Institute of Management Public Administration (GIMPA), Prof. Stephen Adei is not ready to apologise over his ‘nepotism’ comment. Speaking at Prempeh College’s Pearson Osae lectures, Prof Adei said research findings indicate that one out of every four public sector appointment comes from the President’s area of origin and that such … Read more
At least 70 percent of Ghanaians believe the country is heading in the wrong direction, a study has revealed. The survey, which was conducted by the Centre for Democratic Development (CDD-Ghana) and covered the period of July 2 to 18, painted the disillusionment of Ghanaians regarding the overall management of the economy. Speaking at a … Read more
The Daffiama/Bussie/ Issa District Students’ Union was formed and launched in 28th December 2015 after it had separated from the Nadowli District Students’ Union following the creation of the DBI District in 2012. As an intellectual group which seeks to contribute significantly in the development of the district especially in the area of education, the … Read more
Children in the Syrian city of Aleppo are at “grave risk” of disease unless water supplies are immediately repaired, the UN children’s agency says. The United Nations says an immediate pause in fighting is needed to allow the water and electricity networks to be fixed. Some two million people are without vital supplies, the UN … Read more
Seven out of 10 Ghanaians have said government is steering the country in the wrong direction, according to a survey conducted by the Ghana Centre for Democratic Development (CDD-Ghana). A pre-election survey conducted by the think tank identified that Ghanaians wanted political campaigns ahead of the December general elections to focus on how to resolve … Read more
The flag bearer of the opposition New Patriotic Party (NPP), Nana Addo Dankwa Akufo-Addo, has never indicated anywhere that if he wins the December polls to become the next president of Ghana, he will remove all taxes, as is being peddled by communicators of the National Democratic Congress (NDC) and some persons in government, Emmanuel … Read more
Former press secretary of ex-President J. A Kufour and the Executive Director of Centre for Freedom and Accuracy Andrew Awuni has lauded the government for expanding infrastructural development across the country. According to him, despite the numerous projects, the economy remained in bad shape. Speaking to Class News, Mr. Awuni said the economic downturn was … Read more
The International Monetary Fund (IMF) is coming in for harsh criticism from within the organisation itself for its failure to heed warnings about its “unworkable” neoliberal economic programme that has been detrimental to African countries. An article in the June edition of the IMF’s in-house magazine, Finance and Development, challenged the international financial institution’s longstanding … Read more
The National Union of Ghana Students (NUGS) has issued a two-day ultimatum to government to clarify the plan for the payment of utility bills in public universities across the country. The Union announced that the failure of the responsible governmental bodies to respond to their demands will result in a ‘red protest’ by all tertiary … Read more
Former President John Agyekum Kufuor has observed, with regrets, that Ghana has been currently plunged into the kind of crisis that requires strong, visionary leaders with deeper understanding of modern global trends to turn the country’s deteriorating economic fortunes around. According to President Kufuor, in spite of the fact that the country enjoyed a period … Read more
Accra, Sept. 18, GNA – Osagyefo Dr Kwame Nkrumah, Ghana’s first president, whose centenary is being marked on Monday, was born on September 21, 1909, at Nkroful in the Western Region. He attended Achimota School and also trained as a teacher. He went to the United States in 1935 for advanced studies receiving a B. … Read more
In spite of the power crisis, NDC Campaign Coordinator Kofi Adams says President John Mahama deserves to be re-elected because government’s investment in the power sector is unmatched. Kofi Adams says if the NPP under President Kufuor had made the kind of investment that President Mahama has made, the power crisis would not have returned … Read more
The reactions that have trailed the decision by the Buhari government to subsidize this year’s Hajj, despite the fact that the Nigerian economy is in recession, underscores the necessity of separating church (mosque) and state. Last year, President Buhari announced the discontinuation of state sponsorship of both Muslim and Christian pilgrimages as a cost cutting … Read more
Due to the lack of measures to mitigate the negative impact of economic factors, the Mahama-led National Democratic Congress (NDC) should have done more to prevent the current levels of mismanagement which have resulted in a declining economy, flagbearer of the opposition New Patriotic Party (NPP), Nana Akufo-Addo, has said. To him, the current “bad … Read more
Perhaps, Williams Shakespeare was right when he said that hell is empty and all the devils are here. History and antiquity bear ample testimonies to the paradoxical and enigmatic nature of some individuals. For example, Queen Victoria (1819-1901) who hitherto loathed individuals who used cannabis dressed marijuana up in a new garment and renamed it … Read more
The vivid and unforgettable image of a vampire State, sucking the blood of its host (Society), comes up consistently in the conversations Africans have on African politics. Ghanaians are no exception. The statistical basis for casting a jaundiced eye at the State (as an African) is pretty clear. Transparency International well-regarded index does not do … Read more