A Professor of Applied Economics at Johns Hopkins University, Professor Steve H. Hanke, has pegged Ghana’s inflation rate at 148%. This is against the current inflation rate (September 2022) of 37.2%. Reacting to President Akufo-Addo’s speech about reviving the ailing economy, the American Economist who is a hard critic of the country described the President address as “dreaming”. In a ...

On Thursday 3rd November 2022, the Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey will chair a UN Security Council Ministerial open debate. The debate is on the topic “Integrating Effective Resilience-Building in Peace Operations for Sustainable Peace”. The objective of the meeting is to highlight the imbalance between military action and non-military interventions and to make a ...

The Ghana Police Service has invited dancehall musician Shatta Wale for claiming to have information that allegedly makes Bullgod complicit in the late Fennec Okyere’s death. In a statement shared on their social media handles, the Police said that Fennec Okyere’s death is one of the cases they are still investigating, hence, the information Shatta Wale has would help their ...

The Ghana Revenue Authority (GRA) has explained that customs valuation primarily relies on the first (1st) out of the six (6) methods of valuation provided under the WTO valuation methods, which is the Transactional value. A statement issued by GRA, said, “Goods are benchmarked to the prevailing world prices as a risk management tool, to reflect the true market dynamics ...

The Board of Governors of the ECOWAS Bank for Investment and Development (EBID) has unanimously increased the Bank’s authorised capital from $1.5 billion to $3.5 billion with effect from January 2023. The Governors also called for the third tranche of the capital of the bank which is in the sum of $438 million. The Board of Governors which comprises the ...

A snap opinion poll by Global InfoAnalytics shows that more than half of respondents are in favor of calls for the President, Nana Addo Dankwa Akufo-Addo to step down. While 54 percent were in support of the call, 40 percent were against it, with the remaining six percent saying they did not have any opinion on the subject matter. On ...

Ghana’s Budget Statement and the Economic Policy for 2023 may not be read on November 15, as scheduled. Majority Leader Osei Kyei-Mensah-Bonsu has revealed that the current negotiation with the International Monetary Fund (IMF) may delay the presentation. The Public Financial Management Act mandates that the budget is presented next two weeks. However, as negotiations between the Finance Minister and ...

The brother of President Nana Akufo-Addo says he has used the Presidential Jet with President Akufo-Addo “two or three times”. This was Edward Akufo-Addo’s response to a question posed by Victor Adawudu at an Accra High Court. Mr Adawudu is the lawyer for the Executive Director of the Alliance for Social Equity and Public Accountability (ASEPA), Mensah Thompson. Mr Thompson ...

The organisers of the World Cup in Qatar are paying groups of fans to travel to the tournament, saying they are asking them for positive comments on social media in return. The Supreme Committee for Delivery & Legacy (SC) confirmed the policy of inviting groups of supporters to the finals as guests after reports by Dutch public broadcaster NOS, which ...

Premier League clubs will reject Argentina’s request to leave their players out of the final round of matches before the World Cup. It has been revealed that one English club have already been asked by the Argentinian FA to release a player early for the tournament in Qatar this month – and dismissed it out of hand. It is understood ...