By Joshua Worlasi AMLANU Ghana's economic trajectory over the past decade, including its Pre- and Post-COVID growth patterns, has been significantly influenced by several factors, including global market dynamics and interventions from the International Monetary Fund (IMF). The country's relationship with the IMF played a key role in shaping economic policies,...
The economic growth forecast revision to a 4 percent growth rate for the country at end-2024, up from its previous 3.1 percent estimate, is encouraging and indicates recovery is on course. The updated projection was presented by Abebe Aemro Selassie, Director-IMF African Department, at a media briefing on Friday, October...
Professor Douglas Boateng, Board Chairman of Minerals Income and Investment Fund (MIIF) has stressed on more action and less talk if the continent wants to see rapid progress. At the recent Boardroom Summit, which he convened alongside other partners, Professor Boateng, delivered a clear message to C-suite executives. “Africa’s potential...
By Samuel Lartey( Prof.) [email protected] Throughout history, financial philosophers have highlighted the importance of recognizing and capitalizing on nearby opportunities for wealth and growth. Their teachings emphasize the dual concepts of “Copper Sense” and “Common Sense”, the ability to spot undervalued resources and apply practical strategies to harness them effectively. In Ghana’s economy,...
Ghana’s rapidly expanding digital economy is set to drive future economic growth, according to business and trade experts who gathered for a roundtable discussion in Accra on October 8. The event, organized by the International Perspective for Policy and Governance (IPPG), was held under the theme, 'Navigating the Current Business...
By Angela KYEREMATEN-JIMOH On 30 October 2024, I will address policymakers, business leaders and international investors at the annual FT Africa Summit in London on strategies for advancing artificial intelligence (AI) and technology in Africa. Consequently, I’ve been exploring the transformative potential of AI in key African markets, and Ghana stands...
By Bernard Yaw ASHIADEY The government, it seems, has greenlit the sale of Newmont's assets to Chinese investors for a staggering US$1billion. This decision, ostensibly made for an additional US$150 million above what indigenous investors, backed by local funds offered, raises profound questions about the nation's economic strategy and its...
The Minerals Income Investment Fund (MIIF) hosted the highly successful second MIIF Stakeholder Conference at the Marriott Bonvoy Hotel on 15th October 2024. The event, themed “Minerals Value Addition and Value Chain Development – Essential Tools for Ghana’s Development,” provided a crucial platform for discussions on enhancing Ghana’s mining sector...
By Kofi Anokye Owusu-Darko(Dr) Aspire 24 is a bold and forward-thinking initiative introduced by the NDC, designed to transform Ghana’s economy by focusing on several key thematic areas: Mindset and Work Ethic Transformation, Digital Intelligence Skills Development, Multilingual Competence Development, Vocational and Technical Skills for Key Sectors, Workforce Skills Upscaling,...
The United Nations (UN) Resident Coordinator for Ghana, Mr. Charles Abani, has observed that addressing illegal mining or galamsey is crucial to establishing a sustainable economy. He further indicated that illegal mining has devastating impacts on people, poverty, jobs, child-labour, the environment and water, while also driving illicit financial flows. The...