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Tag: Ghana

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Current economic crisis won’t stop donation for Cathedral project – Joyce Aryee

Current economic crisis won’t stop donation for Cathedral project – Joyce Aryee

Ghana News
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 und...
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by Samuel AnsongNo Comments
Ghana should have signed up for Debt Service Suspension Initiative – World Bank President

Ghana should have signed up for Debt Service Suspension Initiative – World Bank President

Ghana News, International
The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for the Debt Service Suspension Initiative (DSSI). Established in May 2020, the DSSI expired at the end of December 2021. The DSSI, put together by the International Monetary Fund (IMF) and World Bank offered countries an opportunity to freeze debt servicing, whiles they concentrate on using their minimum funds to deal with other commitments. Mr. Malpass was responding to questions at a programme in Washington DC, on suggestions that the Bretton Wood institutions are not doing enough to help cancel the debts of some African countries in distress. But reacting to the question, he pointed out that Ghana and Nigeria failed to apply for the DSSI, which would...
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by Samuel AnsongNo Comments
Nearly 80,000 girls in Ghana already married or living with a man – Statistical Service

Nearly 80,000 girls in Ghana already married or living with a man – Statistical Service

Ghana News
Nationally, 79,733 girls in Ghana aged 12 to 17 have been in union i.e. married or living together with a man according to the 2021 Population and Housing Census (PHC). Out of this number, 25,999 are girls of Junior High School going age (12 to 14 years). The regions with the highest percentage of girls ever in union are North East (13.0%), Savannah (10.9%) and Northern (10.6%) all with rates more than twice the national average (4.0%). The census questionnaire collected information on marriage for persons 12 years and older.Marriage of children is prohibited under Section 14 of the 1998 Children's Act which states that "The minimum age of marriage of whatever kind shall be eighteen years." Despite free and compulsory universal basic education, almost a quarter of a millio...
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by Samuel AnsongNo Comments
World Bank cuts Ghana’s growth rate to 3.5% in 2022

World Bank cuts Ghana’s growth rate to 3.5% in 2022

Ghana News, International
Growth in Ghana is expected to slow in 2022 to 3.5%, far below the country’s average pre-pandemic performance of 7%, the World Bank has pointed out in its October 2022 Africa Pulse Report. According to the Bretton Wood institution, the Ghanaian economy has been struggling with various setbacks, including rising public debt (104.6% of Gross Domestic Product), elevated inflation (33.9% in August 2022), and a depreciating currency. “In Ghana, the S&P Global Purchasing Managers Index (PMI) dropped from 48.8 in July to 45.9 in August 2022—the lowest reading in 28 months. The subdued level of the PMI reflects private sector weakness—with activity being held back for seven straight months.” “New orders and output have been trending down for many months. Rising input costs, on the ba...
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by Samuel AnsongNo Comments
All unregistered SIM cards to be blocked for 2days each week till September ending

All unregistered SIM cards to be blocked for 2days each week till September ending

Ghana News
From Monday, September 5, 2022, mobile network subscribers in Ghana who have still not re-registered their SIM cards and has done only stage one re-registration will start receiving punitive actions including the blocking of all their outgoing calls and data services for 48 hours (2 days) per week. This will be done in a sequential batch of numbers on a rotational basis weekly as a second punitive measure. The first punitive measure includes re-routing of all outgoing calls for a message to be played before all calls go through everyday. This is part of punitive actions the National Communications Authority (NCA) has communicated to all Mobile Network Operators (MNO) for them to institute against users who have still not re-registered their SIM Cards beginning Monday, S...
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by Samuel AnsongNo Comments
Online education receives boost as KNUST invests ¢17m on multimedia equipment

Online education receives boost as KNUST invests ¢17m on multimedia equipment

Ghana News
The Kwame Nkrumah University of Science and Technology has set up a $1.3 million e-learning centre with additional ¢17 million in multimedia teaching equipment. According to the Vice-Chancellor, Prof. Rita Akosua Dickson, the move forms part of efforts to improve online teaching and learning. “We will commission this facility to serve as the symbol of our continued commitment to digital education. I believe this infrastructure is just what we need to compete with the rest of the world in this era of digital Education. “I am sure we have set ourselves on the path of success and nothing can stop us now,” she said this in a speech read on her behalf by The Pro-Vice Chancellor of KNUST, Prof. Ellis Owusu-Dabo. The commissioning of the state-of-the-art studios marked the end o...
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by Samuel AnsongNo Comments
Ghana First In Sub-Region To Commit To Nuclear Power

Ghana First In Sub-Region To Commit To Nuclear Power

Africa News, Ghana News
The Director of the Nuclear Power Institute of the Ghana Atomic Energy Commission, Professor Seth Kofi Debrah says President Nana Addo Dankwa Akufo-Addo’s approval for the inclusion of nuclear power into the country’s power generation mix indicates the country’s readiness to go nuclear.  The President, in a statement on Wednesday, approved the inclusion of nuclear technology into the country’s power generation mix. The statement said the decision was in line with global collective commitment to ensure sustainable power to enhance rapid industrialisation, and to propel economic growth. Prof Debrah told the Ghana News Agency that the formal announcement of approval meant the country was the first in the subregion to commit to a nuclear power programme and provided enough signa...
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by Samuel AnsongNo Comments
Korean government awards scholarships to 39 public officials

Korean government awards scholarships to 39 public officials

Ghana News, International
The Korea International Cooperation Agency (KOICA) has awarded fully funded scholarships to 39 Ghanaian government officials to pursue master’s degree programmes at 18 universities in Korea. The scholarship programme is funded by the Government of Korea, through the Capacity Improvement and Advancement for Tomorrow (CIAT) programme and seeks to contribute to the capacity development of government workers to help advance the socio-economic development of the country. Speaking at a pre-departure orientation session for the scholars, the Korean Ambassador to Ghana, Jung-Taek Lim, stated that Korea’s bilateral development cooperation strategy in Ghana focused on agriculture, public health, education and governance. “We strongly promote participation in education as we believe in its ...
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by Samuel AnsongNo Comments
Agric contributes $476m to non-traditional exports

Agric contributes $476m to non-traditional exports

Ghana News
The agricultural sector of the economy contributed $476 million to total non-traditional export (NTE) earnings last year. This represents 14.29 per cent of the NTE earnings in the year under review, statistics released by the Ghana Export Promotion Authority (GEPA) has revealed. The amount also represents an increase of 9.93 per cent over the $433.02 million earned in 2020. Of the top 10 agricultural products, cashew nut was the top earner, having contributed about 60.38 per cent of the figure recorded from the sector. This represents an increase of 14.35 per cent over what it contributed in 2020. Flowers was the lowest earner among the top 10 earners, contributing about one per cent. However, its contribution marked a growth of 8.10 per cent over its 2020 contribution t...
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