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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Ghana officially launched its first 5G network on Friday, marking a significant step toward digital transformation and economic growth. The new network was developed by Next-Gen InfraCo, a consortium of telecommunication companies that secured exclusive rights for 10 years to establish and expand 5G and 4G infrastructure nationwide, ensuring improved …
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Ghana could soon be importing petroleum products from Nigeria’s Dangote Oil Refinery, a move that may drastically cut reliance on pricier European imports. Once the Nigerian refinery reaches its full operational capacity, Ghana’s National Petroleum Authority (NPA) anticipates shifting its monthly fuel imports, worth around $400 million from Europe, to …
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COTE d’Ivoire and Ghana have agreed to deepen their collaboration in the cultivation, processing, and marketing of cocoa and cashew nuts, both critical products for their agricultural economies. This agreement was reached during the first summit of the ‘Strategic Partnership Agreement between Cote d’Ivoire and Ghana,’ held on Friday in …
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THE Ghanaian government has introduced a new app, CitizenApp, aimed at improving communication between citizens and the government, as part of President Nana Akufo-Addo’s broader economic strategy. The app, launched on Monday, is designed to make it easier for citizens to access government services, report issues, and stay informed about …
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