Ghana’s economy is now valued at GH¢256.6 billion after the rebasing of gross domestic product (GDP) based on measurements from 2013 instead of 2006. This is the second time in less than 10 years that the Ghana Statistical Service (GSS) is rebasing GDP figures in the country. The exercise is expected to present an accurate reflection of recent activities in ...

President Nana Addo Dankwa Akufo-Addo, has stated that, over the last 21 months Ghana’s economy has been revived, with the various macroeconomic indices all pointing in the right direction. Addressing the Ghanaian community in Washington DC, on Friday, 28th September, 2018, President Akufo-Addo noted that, prior to his assumption of office on 7th January, 2018, all the indices of economic ...

It appears the decision by former Mayor of Kumasi, Kojo Bonsu, to contest the National Democratic Congress’ presidential primaries, has not gone down well with some members of the party. Joseph Ade Coker, the newly elected Greater Accra Regional Chairman of the party, is very incensed about the decision, telling Mr. Bonsu to stay away from the race because the ...

Former communications minister Ekwow Spio-Garbrah, Agricultural Economist Goosie Tanoh, former National Health Insurance boss Sylvester Mensah and 2nd Deputy Speaker of Parliament Alban Bagbin, and former Deputy Minister of Finance Kweku Ricketts-Hagan are among individuals who have began moves to work in concert to ensure that former president John Mahama is not elected flagbearer of the opposition National Democratic Congress ...

Ghana has declared 2019 as a Year of Return, inviting the global African family to a birth-right journey home to the country. At a colourful launch event at the National Press Club in Washington DC, The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the time has come for people of African descent to make the journey back home ...

It appears the Special Prosecutor, Martin Amidu decided to go public with his plights after internal structures he used to have his problems resolved failed. citinewsroom.com has sighted a letter dated September 10, 2018, written by Martin Amidu and addressed to the Chief of Staff, copied to the Attorney General, Finance Minister and the Chairpersons of the Special Prosecutor’s Governing ...

Attorney General and Minister of Justice Gloria Akuffo appears ‘shocked’ at the supposed ‘outburst’ of Special Prosecutor Martin. A.B.K. Amidu. Mr. Amidu, a former Attorney General, has been in the news lately for suggesting that appointees of the president in sensitive positions in the government are not cooperating with his office to prosecute corrupt public officials. However, the AG said ...

The Deputy Minister for Energy, Mohammed Amin Adam has stated that government will approve a Downstream Petroleum Financing Policy to address costly financing challenges hindering the supply of petroleum products on the Ghanaian market. He made this statement at the 5th edition of the Ghana Gas Forum held in Accra themed ‘Driving Ghana’s Downstream Gas Utilisation’. He said a comprehensive ...

The International Monetary Fund (IMF) has said Ghana’s growth prospects remain strong. The verdict by the IMF follows a team visit by its staff to Ghana led by Annalisa Fedelino, from 17–27 September 2018, to conduct the seventh review of Ghana’s economic programme supported by the Extended Credit Facility (ECF). The discussions focused on recent developments, fiscal and monetary policies, ...

The Attorney General and Minister for Justice, Madam Gloria Akufo has said Special Prosecutor Martin Amidu sought to create a false impression in his recent outburst about deliberate inaction in equipping his office, which was not in fact true, as he (Martin Amidu) was in the know of her effort together with the Chief of Staff to help get things ...