Author Archives: larryehu

Ghana’s economy under Akufo-Addo worse than HIPC days – Ato Forson

The Ranking Member of the Finance Committee of Parliament, Dr. Cassiel Ato Forson, has disclosed that Ghana’s current economic indicators are worse today than they were when the nation was declared HIPC in 2001. He said although the country has not been declared HIPC by the Bretton Woods Institutions, the current debt sustainability indicators show that Ghana is a Heavily ...

Read More »

Samira Foundation Donates 300 Books to Play and Learn Foundation

Play and Learn Foundation has received over 300 books from the Samira Empowerment and Humanitarian Projects (SEHP) through its Library-In-A-Box project. The donation was made by the SEHP team on July 25, 2021. The Library-In-A-Box Project is an initiative of the Second Lady of Ghana, Mrs. Samira Bawumia, which provides books in boxes to underserved public schools across Ghana. This ...

Read More »

E/R: Fake MMDCEs list sparks tension among NPP supporters

There is tension in all 33 districts and Municipalities in the Eastern region following the circulation of a list purported to be names of Municipal and District Chief Executives (MDCEs) nominated by President Akufo-Addo for the Eastern Region. Some aspiring MDCEs in the region whose names were found in the list were seen jubilating on the streets. The Municipal Chief ...

Read More »

Which are the Africa’s strongest currencies?

Africa’s economy just like the rest of the world has continued to lag behind due to the ongoing Covid-19 pandemic. Some currencies within the continent have also grown weaker compared to the US dollar or the pound. Poor living standards and a dwindling national economy have been the major contributing factors to the crippling currencies. The US currency has been ...

Read More »

Akufo-Addo has lost control of the economy – Ato Forson

The opposition National Democratic Congress (NDC) has accused the Akufo-Addo of mismanaging the Ghanaian economy. Delivering a lecture at the party’s ‘policy dialogue on the economy’ Monday, Ranking Member on the Finance Committee of Parliament Dr. Cassiel Ato Forson said political considerations are making it difficult for government to take remedia measures to save the economy. “It is now beyond ...

Read More »

Trade Ministry To Finalize Agreement On Komenda Sugar Factory

The Ministry of Trade and Industry and its Transaction Advisor, Price Waterhouse Coopers are concluding the Conditions Precedent to activate the Concession Agreement, a strategic investor for the Komenda Sugar Factory. The sector Minister, Alan Kyerematen said the conclusion of the agreement with the Strategic Investor, Park Agrotech Limited would enable them to commence operations at the factory. Mr Kyerematen ...

Read More »

K’si Int Airport 85% Complete

CONSTRUCTION WORKS on the Kumasi International Airport has reached 85 per cent, it has been announced. The Ashanti Regional Minister, Simon Osei Mensah, made the announcement when he toured the construction site on Thursday. According to the minister, contractors on site informed him that “the construction work is 85 per cent complete now,” and he told them to complete the ...

Read More »

GUTA Fumes At Exemption Of Nigerian Retailers

THE GHANA Union of Traders’ Association (GUTA) has expressed its dissatisfaction over alleged attempts by Parliament to review the Ghana Investment Promotion Centre (GIPC) Act 2013 (Act 865) to exempt Nigerian retailers from paying a $1 million capital requirement under the Act to facilitate trade in Ghana. This Act, if reviewed and consequently passed, would enable Nigeria traders to ply ...

Read More »

Some Kotoko Fans ‘Threatened’ Players In Their Hotel Ahead of Berekum Chelsea Defeat – Barreto Reveals

Asante Kotoko coach Mariano Barreto has revealed his players were left frightened after some fans of the club invaded their hotel to rain insults on them ahead of their MTN FA Cup exit. The Portuguese claims the incident- which happened hours before kick-off- affected his players in their elimination on Sunday in Obuasi. Kotoko were ousted 5-4 on penalties after ...

Read More »