Most of the damage to Ghana’s economy in recent times has been done by credit facilities and their high interest rates. The Vice – President, Dr Mahamudu Bawumia, has taken some measures to blunt the impact of conventional forms of loan pressures by introducing debt reprofiling to save the country from default. Reprofiling means lengthening … Read more
Ghana, together with other countries, will, by 2020, ban the production, exportation and importation of some mercury-containing products. The products include dry cell batteries, switches and relays, certain types of compact florescent lamps, soap and cosmetics and some non-electronic medical devices such as thermometers and blood pressure devices. This was made known at the opening … Read more
Dear Honourable Minister: Your job is revered but unenviable. The task ahead of you is daunting because you have inherited a slow moving, indebted and jobless economy. In October 2013, the UK-based Economist Intelligence Unit (EIU) described Ghana’s fiscal state as a “mess”. Rating agencies agreed and responded with Ghana’s sovereign credit downgrades. It has … Read more
Director of Research at the African Center for Economic Transformation (ACET), Dr. Joe Amoako-Tuffour, has slammed immediate past Finance Minister, Seth Terkper, for ostensibly playing a “Ponzi game” with his management of the economy. In a scathing assessment of the economy left by former National Democratic Congress (NDC) government, he said Ghana currently lay in … Read more
Director of Research at the African Center for Economic Transformation (ACET), Dr. Joe Amoako-Tuffour, has slammed immediate past Finance Minister, Seth Terkper, for ostensibly playing a “Ponzi game” with his management of the economy. In a scathing assessment of the economy left by former National Democratic Congress (NDC) government, he said Ghana currently lay in conditions … Read more
Director of Research at the African Center for Economic Transformation (ACET), Dr. Joe Amoako-Tuffour, has slammed the outgone Finance Minister, Seth Terkper, for ostensibly playing a “Ponzi game” with his management of the economy. In a scathing assessment of the economy left by the outgone National Democratic Congress government, he said Ghana currently lay in … Read more
Director of Research at the African Center for Economic Transformation (ACET), Dr. Joe Amoako-Tuffour, has slammed the outgone Finance Minister, Seth Terkper, for ostensibly playing a “Ponzi game” with his management of the economy. In a scathing assessment of the economy left by the outgone National Democratic Congress government, he said Ghana currently lay in … Read more
Dr. Joe Amoako -Tuffour Dear Honourable Minister: Your job is revered but unenviable. The task ahead of you is daunting because you have inherited a slow moving, indebted and jobless economy. In October 2013, the UK-based Economist Intelligence Unit (EIU) described Ghana’s fiscal state as a “mess”. Rating agencies agreed and responded with Ghana’s sovereign … Read more
Your job is revered but unenviable. The task ahead of you is daunting because you have inherited a slow moving, indebted and jobless economy. In October 2013, the UK-based Economist Intelligence Unit (EIU) described Ghana’s fiscal state as a “mess”. Rating agencies agreed and responded with Ghana’s sovereign credit downgrades. It has since become “messier” … Read more
President Uhuru Kenyatta and his Tanzanian counterpart John Pombe Magufuli at State House, Nairobi Tanzanian President John Pombe Magufuli has been turning heads in the region being not travelling outside his country. When he visited Nairobi for the first time as President on Monday, the austerity buff found himself talking about his domestic policies. “I … Read more