Economics

Ghana's biggest issue is jobs for young people - Akufo-Addo (Video)

President Akufo-Addo says the biggest issue for Ghana and the continent of Africa is finding work for the young people.

In an interview with CGTN on the sidelines of the World Economic Forum in Davos, Switzerland, President Akufo-Addo said Africa is the youngest continent in the world in terms of its population and as a result, public sector jobs cannot employ all young people.

He said his administration has therefore placed emphasis on encouraging young people to become entrepreneurs so that they can work for themselves and create jobs for others....


To read the full piece from , click here.

Ghana's biggest issue is jobs for young people - Akufo-Addo

President Akufo-Addo says the biggest issue for Ghana and the continent of Africa is finding work for the young people.

In an interview with CGTN on the sidelines of the World Economic Forum in Davos, Switzerland, President Akufo-Addo said Africa is the youngest continent in the world in terms of its population and as a result, public sector jobs cannot employ all young people.

He said his administration has therefore placed emphasis on encouraging young people to become entrepreneurs so that they can work for themselves and create jobs for others....


To read the full piece from , click here.

Ghana's biggest issue is jobs for young people - Akufo-Addo

President Akufo-Addo says the biggest issue for Ghana and the continent of Africa is finding work for the young people.

In an interview with CGTN on the sidelines of the World Economic Forum in Davos, Switzerland, President Akufo-Addo said Africa is the youngest continent in the world in terms of its population and as a result, public sector jobs cannot employ all young people.

He said his administration has therefore placed emphasis on encouraging young people to become entrepreneurs so that they can work for themselves and create jobs for others.


To read the full piece from , click here.

Ghana’s drop on latest Corruption Perception Index yet another dent on her reputation - NDC

NDC

The National Democratic Congress says Ghana's drop on the latest Corruption Perception Index issued by Transparency International represents a dent on the country's image.

In the statement below issued by the NDC's National Communication Officer, Sammy Gyamfi, the party also argues that the government, led by President Akufo-Addo, has failed to deliver on its promise to fight corruption, having also failed to achieve even the lowest rank under former President John Mahama.


To read the full piece from , click here.

Unemployed teacher trainees arrested for unlawful protest at GES

The graduate trainee teachers previously picketed at the GES to demand their postings last week on January 10

Some graduate teacher trainees have been detained at the Ministries Police Command for unlawfully picketing at the Ghana Education Service (GES) headquarters in Accra.

The teachers, from 2016, 2017 and 2018 batches of various Colleges of Education, were at the GES headquarters on Monday to demand postings.

They had earlier on Friday, January 10, picketed at the GES to demand their postings. But the GES last Friday said financial clearance had been given to only the 2018 batch and that they would be posted soon.


To read the full piece from , click here.

Farmers demand increase in cocoa prices – Report

Farmers drying cocoa beans

Cocoa farmers have called on government to increase producer prices of cocoa by October 2019.

They argued that the producer price of cocoa was inadequate and had worsened their economic welfare.

This was contained in a research report: ‘Assessing Farm Gate Pricing and Income of Cocoa Farmers,’ launched in Accra yesterday and it aimed at identifying key players in the cocoa industry who are involved in the determination and setting of cocoa producer prices.


To read the full piece from , click here.

Don’t panic; keep doing business with rural banks – BoG

Bank of Ghana Boss Dr. Addison

The Bank of Ghana has denied social media rumours that its intended clean-up of the rural and community banks sector will cause depositors to lose their funds.

In a statement, the central bank said its attention “has been drawn to malicious messages circulating on social media platforms such as WhatsApp and Facebook that an intended ‘clean up’ of the Rural and Community Banks (RCBs) sub-sector would negatively affect depositors fund with RCBs, urging them to move their funds to other institutions”.


To read the full piece from , click here.

Kwame Osei-Prempeh appointed acting Managing Director of GOIL

Kwame Osei-Prempeh

The Board of Directors of GOIL Company Ltd has appointed Kwame Osei-Prempeh as the Acting Managing Director and Group Chief Executive of the company.

His appointment took effect from 3rd June 2019.

Mr Osei-Prempeh has been a Board Member of GOIL since 2017. He takes over from Patrick Akorli who has taken his leave prior to retirement after 23 years of service to GOIL.

Mr Osei-Prempeh has a wealth of experience in public service and in private practice as a senior legal practitioner.


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Action against Barclays Bank Ghana; a step in the right direction – Banking Consultant

Banking Consultant, Dr Richmond Atuahene

A Banking Consultant has lauded the Bank of Ghana’s action against Barclays Bank Ghana, saying it is a step in the right direction.

Dr Richmond Atuahene says “…So for me, it is part of the conduct regulations which I believe, it is okay with the Bank of Ghana which is very good because the pricing of the currency is very critical.”


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A-G to protect 'privileges' of charged MPs

Mahama Ayariga, MP and former Minister of state

Deputy Attorney-General, Joseph Kpemka, says henceforth his outfit will ensure Parliamentarians are not impelled to appear in court on days that the House is sitting.

This is after Tuesday’s clash between two arms of government -Parliament and the Judiciary- following an order by an Accra High Court forcing Bawku Central MP, Mahama Ayariga, to abandon Parliamentary duties and appear to defend corruption charges brought against him by the Office of the Special Prosecutor.


To read the full piece from , click here.