For over 65 years, countries in Africa have strived and succeeded in attaining political Independence than financial independence. Interestingly, these countries in Africa seem to love and boast of their political independence than striving for financial and economic independence and still print their currencies in Europe and North America. So […]
– Razak Kojo Opoku Writes Prior to the 2016 general elections, the then-candidate Akufo-Addo made a popular statement that “Yete Sika So Nanso Ekom De Yen” to describe the worst state of the Ghanaian economy under the incompetent leadership of John Mahama. That statement is still valid today and ignorantly […]
In recent times, many people including the President, my Boss, Hon. Ing. Yaw Osafo-Maafo as well as Tobge Afedi XIV have complained about high lending rates by our commercial banks despite the continues trending down of the Bank of Ghana (BOG) prime rates from a high of 25.5% by end […]
He inherited almost nothing in the national coffers yet managed to raise revenue strategically to clean the messy situations he came to meet as the Finance Minister in 2017. 1. His predecessors took Ghana to IMF but Ken Ofori-Atta brought Ghana out of IMF. 2. His predecessor cancelled allowances for […]
African Development Bank(AfDB) Approves Sustainable Borrowing Policy to Tackle Post COVID-19 The COVID-19 pandemic has placed a further strain on governments finances. *The situation worsened due to unprecedented easing of fiscal and monetary policy adopted by Countries to cushion the socioeconomic impacts of the pandemic*. The African Development Bank(AfDB) estimates […]
Can Prof. Kwesi Botchwey and his economic students explain to Ghanaians why these programmes of World Bank and IMF FAILED to transform the Ghanaian economy under PNDC/NDC: 1. Structural Adjustment Programme(SAP) 2. Economic Recovery Programme(ERP) 3. Programme of Actions to Mitigate the Social Costs of Adjustment (PAMSCAD) 4. $1 billion […]
I would like Pierre Laporte to understand that, no government official is saying that COVID-19 is the Sole cause of Ghana’s economic challenges. The economic challenges of Ghana and Africa at large have been a longtime compounding issues largely due to unfair and bias economic policies by the Western World, […]
I am being careful about aspects of Ghanaian culture and training where the young ones are not to allow to question the elderly even when he or she is wrong. I am not to show disrespect but let me depart from the norms to ask what competencies did Ghana’s longest […]
The e-levy that the government of the day is trying to introduce to shore up the finances of the state has brought in its wake serious repercussions in our governance processes. Both Parliament and Ghanaians are divided over the implementation of the e-levy. The question is whether government communications have […]
Ghanaians would once again go to the polls to cast their ballots in the Local Government Elections to elect members to serve in the District Assemblies, next year, 2023. Without an Affirmative Action Law in place, these Elections will yet again, reinforce the existing low representation of women in Ghana’s […]
