GHANA’S consumer inflation rate edged down slightly to 23.5 percent year-on-year in January, from 23.8 percent in December, marking a marginal improvement amid ongoing economic recovery efforts, the Ghana Statistical Service announced on Monday. The latest figures, reported by Reuters, indicate that while inflationary pressures have eased slightly, the rate remains …
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IN a defining moment for Ghana’s democracy, President-elect John Dramani Mahama’s win in the 2024 presidential election marks a pivotal step in the country’s political journey. The peaceful nature of the election and the smooth transition of power, notably demonstrated by Vice President Mahamudu Bawumia’s graceful concession, reflect the strength and maturity …
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EXIT polls from the December 7, 2024 Ghana elections, conducted by independent research company Global InfoAnalytics, reveal that President-elect John Dramani Mahama (JDM) emerged as the preferred candidate in the crucial swing regions of Greater Accra, Central, and Western. JDM captured 58 percent of votes, compared to Dr Mahamudu Bawumia (DMB)’s 34 …
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GHANA’S Vice-President Mahamudu Bawumia has conceded defeat in the country’s presidential election, marking a historic moment for the opposition National Democratic Congress (NDC) as its leader, former President John Mahama, returns to power. This defeat ends the New Patriotic Party’s (NPP) nearly eight-year rule, with early results suggesting the party suffered one …
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GHANA’S parliament may fail to pass a provisional budget before the December 7 general election, risking an unprecedented government shutdown in 2024, according to experts and former officials. This would be the first time in over 30 years that the West African nation has entered the new year without a …
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THE IMF has approved the third review of Ghana’s $3bn lending programme, granting an immediate disbursement of nearly $360 million. The move is a boost for the West African nation as it navigates recovery from its 2022 debt default and gears up for presidential and parliamentary elections on December 7. Finance Minister …
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GHANA’S LGBTQ+ community faces an impossible choice in the country’s December 7 general elections, as leading presidential candidates pledge to toughen anti-LGBTQ+ laws to capitalise on the nation’s deeply entrenched anti-LGBTQ+ sentiment. The election coincides with the anticipated decision on a controversial anti-LGBTQ+ bill passed by parliament earlier this year. If enacted, …
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INTERNATIONAL cocoa buyers have made more than half a billion dollars in upfront payments to Ghana’s state-run marketing board, Cocobod, as part of efforts to secure supplies and avert further financial losses. This follows an abrupt overhaul of the country’s cocoa marketing system, which now relies more heavily on private traders to …
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Ghana has formally handed over to the High Commission of Nigeria in Accra the building that was reconstructed after it was demolished by the government in that country. A statement on Wednesday by the acting spokesperson of the Ministry of Foreign Affairs, Kimiebi Ebienfa read: “The Ministry of Foreign Affairs …
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Ghana cocoa sector anticipates a significant production rebound in the 2024/25 crop season, spurred by favourable weather and enhanced farming practices, say farmers, officials from Ghana’s Cocoa Board (Cocobod), and local buyers. However, pressing issues like illegal mining, disease, and smuggling still pose substantial threats to this crucial industry. The country, the …
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