Economics

Akufo-Addo leaves Ghana for Niger

President Nana Akufo Addo

President Akufo Addo will leave Accra today for Niger as part of his tour of some West African countries.

While there, the President will hold bilateral talks with his counterpart Mahamadou Issoufou, and also meet the Ghanaian community there.

Niger is the latest country the President is travelling to after returning from Liberia and Mali last weekend.

The visits are aimed at deepening Ghana’s bilateral relations and reiterate his administration’s full commitment to the ideals of ECOWAS.
A few weeks ago Akufo-Addo took his African tour to Senegal.


To read the full piece from , click here.

Ghana, Mali pledge to deepen bilateral relations

President Ibrahim Boubacar Keita welcomes President Nana Akufo Addo

Ghana and Mali have pledged to work towards strengthening the ties of cooperation that exist between them, after the Presidents of the two countries expressed satisfaction with the current state of that relationship.

In a joint communiqué issued at the end of a day’s working visit to Mali by President Akufo-Addo, on Sunday, 28th May, 2017, it was resolved that the two countries reinforce their co-operation in the areas of trade, agriculture, security and the process of West African integration.


To read the full piece from , click here.

The unnecessary political twist and turn of the GHs9.7bn bond

Finance Minister, Ken Ofori Atta

The ‘$2.25bn’ Templeton bond saga is a classic example of ‘PR motivated by political spin’ gone bad. I am a strong believer in institutional policy making and cringe when politicians seek to overwhelm the technical space of public relations.

The art of PR makes one minded that your public is not restricted to your customers but include competition and other stakeholders.

Needless to say, politicians ought to be reminded that their public involves more than the electoral public. Focus on sharing facts and cut the political spin.


To read the full piece from , click here.

More shake up in Ghana Immigration Service

Comptroller of GIS, Kwame Asuah Takyi

Thirty-one middle-level management officials of the Ghana Immigration Service (GIS) have been reassigned from their duty posts across the country.

This is the second major shake-up under the watch of new Comptroller of GIS, Kwame Asuah Takyi, who took office in March this year.

The officers affected are of Superintendent, Chief Superintendent, Deputy Superintendent and Assistant Superintendent ranks.

Earlier this month, 45 senior officers were transferred including the Head of Public Affairs at the Immigration Service Francis Palmdetti.


To read the full piece from , click here.

Ghana, Sierra Leone agree to ratify agreement for cooperation

President Akufo Addo meets President Ernest Bai Koroma

Ghana and Sierra Leone have agreed to ratify the agreement for cooperation between the two countries, so as to provide the legal framework for addressing their trade and investment concerns.

Despite the good relations that exist between the two countries, there is no framework for cooperation to guide these relations
This development has hampered the deepening of bilateral ties and cooperation amongst the two countries.


To read the full piece from , click here.

I will not shield any corrupt public official – President Akufo-Addo

President Nana Akufo Addo in Sierra Leone

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has stated unequivocally that he will not shield any public official found to be engaged in acts of corruption or malfeasance, but will ensure that the laws of the land are applied fully, without fear or favour.

According to President Akufo-Addo, the recent news of the arrest of some Customs officials responsible for the loss of some GH¢1.2 billion in revenue to the state is part of the efforts his government is making to block revenue leakages at the country’s ports.


To read the full piece from , click here.

Ghana-producer-price-inflation-eases-4-8-pct-April

Inflation

ACCRA, May 24 (Reuters) - Ghana's producer price inflation fell to 4.8 percent year-on-year in April from 6 percent the month before, as a stronger local currency cut import prices, the statistics office said on Wednesday.

Producer inflation has come down from more than 48 percent in 2014, a sign of progress in stabilizing the economy under an International Monetary Fund programme that looks set to be extended beyond its April 2018 end date.


To read the full piece from , click here.

Russians, Ukrainians detained over illegal mining [Photos]

Russians arrested by the Ghana Police

The two Russians and Two Ukrainians who were arrested on Monday in Ghana for engaging in illegal mining spent the night at the Kumasi Central Police Station in the Ashanti Region.

They are expected to be brought to Accra later today, Tuesday for further investigations.

The Minister for Lands and Natural Resources John Peter Amewu ordered the arrest of the four foreign nationals for flouting the mining laws of the country.


To read the full piece from , click here.

Calls for regulatory body for housing

Minister of Works and Housing, Mr Samuel Atta-Akyea

Players in the real estate industry are calling for the creation of a supervisory body to regulate the real estate industry in the country.

The Managing Director of NTAC Properties Limited, Mr Jerome Eshun, who made the call, explained that such a body, when established, must be empowered to check unscrupulous and shoddy service providers in order to bring sanity into the real estate sector.


To read the full piece from , click here.