Ken Ofori-Atta blames fall of cedi on structural rigidities and speculation 

 The Minister of Finance, Ken Ofori-Atta, has stated that the cedi is performing better under the Nana Addo administration. He explained that the cedi recently suffered some turbulence despite the strong economic fundamentals and improvement in the country’s balance of payments, which the government achieved in the last two years. “It is also noteworthy that […]

Ghana, Malta sign five Memoranda of Understanding for establishment of partnerships between the two countries

 The Governments of the Republic of Ghana and Malta have signed five Memoranda of Understanding (MoU) for the establishment of partnerships between the two countries. This signing ceremony took place on Tuesday, 26th March, 2019, when the President of the Republic, Nana Addo Dankwa Akufo-Addo, paid a day’s official visit to Malta, where he held […]

We will maintain fiscal discipline with the exit of IMF-President Akufo-Addo

The President of the Republic, Nana Addo Dankwa Akufo-Addo, says his Government will continue to maintain fiscal discipline in the aftermath of the exit of the IMF programme. After having obtained successful ratings from the International monetary Fund about the country’s economic performance, and given a clean bill of health, President Akufo-Addo noted that there […]

Meet Jeff Kwabena Yeboah, the young Ghanaian entrepreneur who turns recycled car tyres into brand new furniture

Jeffrey Kwabena Yeboah is a young entrepreneur who makes coffee tables, arms chairs and other types of furniture from recycled tyres which he collects from landfills sites and second-hand dealers. He uses glass, fabric and coloured ropes to produce his designs. According to him, the idea of interior deco was nurtured when he was a […]

 $185.2m IMF cash coming as Executive Board approves April 2 exit- IMF emphasises sustained fiscal discipline

Ghana is set to receive $185.2 million following a successful completion of the seventh and eight reviews under the Extended Credit Facility (ECF) support arrangement by the International Monetary Fund (IMF). The Executive Board of IMF approved Ghana’s request for a waiver of the non-observance of a few programme targets. $925.9m Extended Credit Facility The […]

Concerned Lotto Agents threaten demo over NLA mismanagement, calls for inquiry into its operations

The Concerned Lotto Agents Association of Ghana (CLAAG) has appealed to the government to conduct an inquiry into the current operations of the National Lottery Authority (NLA). It said that NLA demanded a whooping sum of ₵1 million from private lotto operators as registration and licensing fees in order to regularise ‘Banker to Banker’, adding, […]