Private sector credit continued to grow during the review period to 21.7 percent in August 2024, from 10.7 percent in August 2023, Governor of the Bank of Ghana (BoG) Dr Ernest Addison has said. In real terms, private sector credit recorded a growth of 1.1 percent, relative to a 21.0 percent contraction in 2023, he...
John Dramani Mahama, the flagbearer of Ghana’s opposition National Democratic Congress (NDC), has made a bold promise to transform Ghana’s economy and ensure no citizen worries about their next meal. Speaking at the Sekondi Methodist Park, he envisioned a Ghana where everyone has equal access to opportunities, quality education, and decent work, with no one...
James Agbey, an operative of the National Democratic Congress (NDC), has issued a stern warning to the New Patriotic Party (NPP) and President Nana Addo Dankwa Akufo-Addo, cautioning them against any attempts to rig the upcoming 2024 general elections. Agbey’s warning comes amidst growing concerns about the NPP’s alleged plans to engage in vote-buying and...
The campaign team for John Dramani Mahama, the National Democratic Congress (NDC) Presidential Candidate, has announced a series of impactful events for this week as he gears up for the 2024 elections. The team says these activities underscore Mahama’s commitment to inclusivity, community engagement, and faith. Kicking off the week, the NDC Women’s Manifesto will...
Alan Kyerematen, Presidential Candidate of the Afrafranto Alliance, condemned the detention of 53 young protesters involved in the Democracy Hub demonstrations. The protests aimed to highlight the government’s inaction on illegal mining. Kyerematen criticized authorities for unlawful treatment, questioning charges of conspiracy and unlawful assembly. He expressed dismay at the police’s handling, including reported denials...
A staggering 2,800% surge in mining licenses has been recorded in Ghana over the past 8 years (2016-2024), according to the Ghana Mining Repository. The data reveals: – 1,696 mining licenses issued between 2016 and 2024 – A significant increase from the 57 licenses issued between 1995 and 2015 This dramatic rise raises questions about...
Ghana’s debt stock has reached GH₵ 761.2 billion representing 75.7 percent of the country’s gross domestic product (GDP) as of July 2024. Compared to the same period last year, the debt stock was at GH₵587.7 billion representing 70.3 percent of GDP. This was contained in the latest Summary of Economic and Financial Data of the...
The Mortuary Workers Association of Ghana (MOWAG) has voiced frustration over the government’s lack of commitment to addressing its members’ concerns. According to the association, the government has been making empty promises regarding improvements to the conditions of service for MOWAG members. This comes after MOWAG issued a two-week ultimatum to the government, demanding that...
The Center for Democratic Development (CDD-Ghana) has strongly denounced the arrest of over 50 Democracy Hub protesters, labelling it an unlawful tactic employed by the Ghana Police. The protesters, demonstrating against illegal mining (galamsey) were accused of blocking roads and obstructing traffic. CDD-Ghana slammed the Ghana Police Service for using excessive force and brutality, refusing...
The Electoral Commission (EC) has assured the National Democratic Congress (NDC) that it will re-exhibit the corrected Provisional Voters Register (PVR) online before the final version is printed for the 2024 General Elections. This decision follows a nationwide demonstration led by the NDC, dubbed ‘Enough is Enough,’ which called for corrections to discrepancies in the...