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Ghana’s Central Bank has halted its gold-for-oil program to stabilize the cedi amidst economic fluctuations. Governor Johnson Asiama aims to reinforce monetary policy and fiscal discipline to ensure foreign exchange …
Ghana Halts Gold-for-Oil Program to Stabilize Cedi and Economy Read More
Dr. Johnson Asiama, Ghana’s new central bank governor, has suspended the Gold-for-Oil program due to operational challenges and financial losses. The program aimed to stabilize fuel prices using gold instead …
Ghana Suspends Gold-for-Oil Program as New Central Bank Governor Prioritizes Currency Stability Read More
Ghana’s central bank has discontinued its gold-for-oil program under Governor Johnson Asiama, who anticipates cedi stabilization after previous volatility. With interest rates at 27 percent and inflation easing, the governor …
Ghana Halts Gold-for-Oil Initiative to Stabilize Cedi Read More
Abena Osei-Asare critiques President Mahama’s State of the Nation Address, asserting that he overlooks the economic recovery achieved by the NPP before he took office. She highlights the financial stability …
Osei-Asare Defends NPP’s Economic Record Against Mahama’s Claims Read More
Kenya will delay drawing $1.5 billion from a UAE loan to fit its fiscal strategy, according to Finance Minister John Mbadi. The country is also in discussions with the IMF …
Kenya to Delay Accessing $1.5 Billion UAE Loan for Fiscal Planning Read More
President John Dramani Mahama delivered his inaugural state of the nation address, emphasizing Ghana’s economic challenges, the need for reduced governance costs, and a commitment to national dialogue on economic …
Highlights from President John Mahama’s State of the Nation Address Read More
In his first State of the Nation address after re-election, President Mahama highlighted alarming economic conditions, disclosing that the Sinking Fund holds only $64,000. He stressed the urgent need for …
President Mahama’s State of the Nation Address: An Urgent Call for Economic Recovery Read More
Ghana’s National Identification Authority is enhancing the Ghana Card’s functionality to include mobile money and banking integrations for easier financial transactions. The plan includes biometric verification to prevent identity theft …
Ghana Enhances National ID Card to Foster Financial Inclusion and Service Access Read More
Angola intends to exempt Kenyans from visa requirements and will facilitate the resumption of direct flights by Kenya Airways to Luanda, enhancing diplomatic and economic ties between the two countries. …
Angola Exempts Kenyans from Visa Requirements and Resumes Direct Flights with Kenya Read More
President Bola Tinubu affirmed Nigeria’s support for Ghana’s new President John Mahama during the latter’s inauguration. He emphasized the potential for cooperation and prosperity between the two nations, urging peaceful …
Ghana Can Count on Nigeria’s Support, Says President Tinubu at Mahama’s Inauguration Read More