New Zealand Finance Minister Bill English was confirmed as the country’s new prime minister on Monday, as expected, a week after John Key announced his surprise resignation after eight years in the role. English, who was the sole contender for the job, announced Social Housing Minister Paula Bennett as the deputy leader, following a special … Read more
Italian Prime Minister Matteo Renzi resigned on Wednesday after a bruising referendum loss at the weekend, with most parliamentary factions pushing for an early election in a few months’ time. The 41-year-old’s decision to quit after less than three years in office dealt a new blow to Western governments still in shock from Britain’s vote … Read more
Without exception, all the major international ratings agencies have predicted a budget deficit overrun in 2016, a projection that has a strong likelihood of occurring given official data showing the budget gap had already been breached in the first nine months of the year. In its final Monetary Policy Committee press report for 2016, the … Read more
Ghana is rising and the achievements of President John Mahama are “significant” and “palpable,” Communication Minister Dr Edward Omane Boamah has said. He told journalists on Monday, 28 November at the Meet The Press series that despite the “outright lies, fabrications and falsehoods” of the main opposition New Patriotic Party (NPP), the evidence for Ghana’s … Read more
South Africa’s government has proposed a national minimum wage of 3,500 rand ($242; £199) a month. About 47% of working South Africans earn less than the wage, which is being introduced to combat income poverty and inequality. But critics say it could put more people out of work as employers might not be able to … Read more
Two young lawmakers disqualified by Hong Hong’s High Court from the city’s legislature have vowed to appeal the judgment. The court on Tuesday disqualified lawmakers Sixtus “Baggio” Leung and Yau Wai-ching in the wake of an intervention by China that critics said undermined Hong Kong’s judicial autonomy. Leung and Yau said at a press conference … Read more
Presidential candidate of the ruling National Democratic Congress(NDC) Monday said he is undertaking a blitz of campaigning and has the strongest conviction that his party will lead in the major polls set for December 7. “The state of the race is very favourable and continues to be better with each passing day. We are winning … Read more
THE HOMESTRETCH A letter to my teeming supporters and Ghanaians in general, with a month to go for the December 7 elections My Dear Brothers and Sisters, We are winning the race! Only God knows the full extent of my gratitude to the good people of Ghana. For giving me, John Dramani Mahama, the rare … Read more
A report by Fitch Group, a UK-based research company, has predicted that the flagbearer of the New Patriotic Party, Nana Addo Dankwa Akufo-Addo, will win the December 7 presidential election. The report, however, envisages that his eventual declaration as the president-elect will be made after a run-off. This comes just a day after the Economic … Read more
The main opposition New Patriotic Party (NPP) is painting Ghana as a country in crisis so as to win the 7 December polls, President John Mahama has said. “If somebody says the country is going back, then I can’t understand. I can’t think far. I can’t think madness. But I know that it is propaganda … Read more
Dr Mahamadu Bawumia, an economist, has challenged recent assertions by President John Mahama and Finance Minister Seth Terkper that international ratings agency Moody’s upgraded Ghana recently. The former Central Bank Deputy Governor, speaking at the launch of the manifesto of the New Patriotic Party (NPP) over the weekend at the Trade Fair in Accra, said: … Read more
President John Mahama has urged Ghanaians to disregard what he described as the opposition New Patriotic Party’s (NPP) fear-mongering about the state of the economy. The NPP has on several political platforms declared that Ghana is in a state of crisis under the John Mahama-led administration therefore the need to vote for change. But addressing … Read more
The plans and policies outlined by the main opposition New Patriotic Party (NPP) in its 2016 manifesto will destroy Ghana if the party is voted into power in the 7 December 2016 elections, President John Mahama has said. For this reason, he has told party supporters at a rally in Afienya in the Ningo Prampram … Read more
“Objects we ardently pursue bring little happiness when gained; most of our pleasures come from unexpected sources.” Herbert Spencer HERBERT SPENCER coined the phrase “survival of the fittest” which is defined as “the continued existence of organisms which are best adapted to their environment, with the extinction of others”. It is a concept in line … Read more
The war of words over the economy between President John Mahama and the New Patriotic Party (NPP) Running Mate, Dr. Mahamudu Bawumia, has continued with the President this time questioning Dr. Bawumia’s economic credentials. Referencing the NPP Running Mate’s claims that international credit rating agency, Moody’s, did not upgrade the rating of Ghana’s economy, President … Read more
Former President of Association of Ghana Industries (AGI), Dr Prince Kofi Kludjeson says although he welcomes the plan of the New Patriotic Party (NPP) Presidential candidate, Nana Addo Dankwa Akufo-Addo, to slash taxes, there is the need to tread cautiously. Dr Prince Kofi Kludjeson raised questions on how an NPP government would compensate for government … Read more
The recent affirmation of the Government of Ghana’s issuer and senior unsecured rating at B3 and change in the country’s economic outlook to stable from negative by international rating agency, Moody’s, is, indeed, an upgrade worth celebrating by the managers of the economy, Economist Dr John Gatsi has said. “The fact is that you were … Read more
Dr Mahamudu Bauwima, vice-presidential nominee of the New Patriotic Party (NPP), is a walking contradiction who should not be taken seriously in Ghana, Mr Koku Anyidoho, a Deputy General Secretary of the governing National Democratic Congress (NDC), has said. His comment was in reaction to claims by Dr Bawumia that international rating agency Moody’s had … Read more
President John Mahama is not feeling the suffering of most Ghanaians because he is cocooned in the trappings of being in power, flag bearer of the main opposition New Patriotic Party (NPP), Nana Akufo-Addo has said. Speaking at the launch of the party’s 2016 manifesto at the International Trade Fair Centre in Accra on Sunday, … Read more
New Patriotic Party (NPP) Vice-Presidential candidate Dr Mahamudu Bawumia says President John Mahama’s display of economic understanding is getting embarrassing. He says Mahama has misinterpreted international Credit Ratings Agency Moody’s latest rating of the health of the economy which is now considered B3 with a positive outlook. It had been rated B3 with a negative … Read more