Since the beginning of the fourth republic, various governments have lost the battle to stabilize the cedi, and Ghanaians have taken a heavy toll, as they face the dreadful effects of a rapid depreciation of their currency. In January 2009, the dollar traded for 1.27 Ghana cedis. As of December 7, 2016, when Ghanaians went … Read more
The outgoing General Secretary of the Trades Union Congress (TUC), Kofi Asamoah, has bemoaned government’s decision to always seek bailout from the International Monetary Fund (IMF) as against home grown solutions. According to Mr Asamoah, Ghana has the requisite trained personnel with the expertise which can solve the country’s problems without imposition of stiffer controls … Read more
The US president has told African leaders to look inward for solutions to the continent’s economic problems instead of making “excuses” based on a history of dependence and colonisation. Barack Obama, who was speaking to 500 young Africans finishing a six-week Washington leadership fellowship, will host the Africa leaders summit in Washington next week. He … Read more