Economist, Professor Eric Osei Assibey has called on Ghanaians to develop a taste for locally manufactured goods as a means of stalling the cedi depreciation.
According to him, without shifting away from imported goods, the country will continue to lose much needed dollar bills which will drive the demand for the dollar up consequently leading to the cedi depreciating further.
Speaking on JoyNews’ PM Express Business Edition, he explained that this is a measure that could be used to stabilize the cedi for a short period while the government implements other policy measures for long term effects.
“I think this is the time that all Ghanaians have to realize that we need to shift away from imported products. Immediately we have to begin to look within, our tastes and preferences shou...
South Africa has honoured the country’s first black student to graduate with a degree in engineering.
Dr Solomon Boyce Isaac Lefakane studied civil engineering at the University of the Witwatersrand in Johannesburg, and was awarded a degree in 1961 – when the racist apartheid system was in operation.
Now, as part of the university’s centenary, Dr Lefakane, now 84, has been inducted into a brand new hall of fame at the Faculty of Engineering and Built Environment.
Dr Lefakane was the son of a domestic worker and gained a scholarship to pursue his studies.
“I knew I was facing very heavy odds at the time and I worked as hard as I could,” he told the BBC’s Focus on Africa radio programme.
Reflecting on his time there Dr Lefakane said he did not socialise with the white students...
The Youth Employment Agency (YEA) is recruiting 15,000 unemployed Ghanaian youth nationwide as Community Protection Assistants (CPAs) in close collaboration with the Ghana Police Service.
This is in pursuance of the Agency’s mandate to create jobs for the unemployed youth of the country, as well as, assist the Ghana Police Service in preventive and social community policing.
The CEO of YEA, Kofi Baah Agyepong, who is championing an agenda to make the agency the base of employment among all sectors of the economy, believes that empowering young people, through the creation of stop-gap measures, promotion of skills training and entrepreneurship is a major means of reducing unemployment while ensuring economic growth.
On Wednesday, October 26, 2022, the agency began a physical ex...
WhatsApp services are back online and the app should start working for users soon if it hasn’t already.
WhatsApp is now working for the Android and iOS apps as well as via WhatsApp Web.
Note that some users report that services are still not working on WhatsApp Web, but your phone app should be up and running.
WhatsApp, the popular instant communication app owned by Meta that is used by many for quick texting faced a major outage earlier today, when the app went down for almost two hours.
This left millions of WhatsApp users across the globe unable to send or receive messages.
Indianexpress.com confirmed that the outage affected both personal chats as well as group chats. Outage detection website DownDetector also confirmed that WhatsApp wa...
The United Arab Emirates (UAE) has announced a visa ban on nationalities from 20 African countries seeking to visit Dubai, according to DW Africa.
The ban takes immediate effect.
Affected countries are Ghana, Sierra Leone, Sudan, Cameroon, Nigeria, Liberia, Burundi, Republic of Guinea, Gambia, Togo, Democratic Republic of Congo, Senegal, Benin, Ivory Coast, Congo, Rwanda, Burkina Faso, Guinea Bissau, Comoros and Uganda.
According to the Germany-based news outlet, one of the reasons given for the ban is that many who arrive on visit visas end up overstaying in the country illegally while working, without legalising their stay.
This comes merely a month after Nigeria’s foreign ministry announced that Nigerians under the age of 40 will no longer be issued tourist visas to the ...
A member of the Board of Trustees for the National Cathedral project, Reverend Dr Joyce Aryee, says she is hopeful the country’s current economic crisis will not affect donations for the construction of the project.
Speaking at a news conference in Accra to announce the establishment of a call centre for the project, Rev Aryee said the resilience of human beings in worse situations encouraged her that the economic hardship would not deter individuals from donating towards the project.
“You know, human beings are so resilient. I am 76. I have lived through worse economic times in our country, therefore, I know economic times are as transient as the seasons of life,” she said.
She added that: “God has a way of touching our lives in ways that sometimes we don’t unde...
Last week, the Ghana Private Road Transport Union (GPRTU) was preparing to come out with new rates.
This was a result of what they said is the increasing fuel prices amid its attendant hardship suffered in the current economic downturn.
But even before the union could announce the new fares, a popular long-distance transport service VIP Jeoun says it is unable to shoulder the operational cost accompanying the current developments.
On its Facebook page, the service provider has curated a list of updated prices for travellers across the country.
The upward adjustment affects both the Standard Tour and Executive coaches, per the statement issued on October 23, 2022.
In the communique, the management said though it understands the hardship, “we can all agree to the fact that far...
The Church of Pentecost has built an Inmates Skills Acquisition and Reformation Centre at Nsawam in the Eastern Region of Ghana as a move to reform prisoners to become useful and integrate them into society.
The 320 capacity fully-furnished facility, which was handed over to the Ghana Prisons Service at a ceremony at Ahodwo in the Nsawam-Adoagyire Municipality today Saturday, October 22, 2022, has four dormitories, an infirmary, a visitors lounge with a shop, a fully furnished administration block with auxiliary offices, an ICT lab with computers and accessories, a tailoring workshop, a carpentry workshop, a chapel fully furnished with musical instruments, baptistry, kitchen with a dining hall, soccer pitch, and volleyball pitch, CCTV Installations, and other facilities.
The Nsawam P...
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