Author: newsfilegh

File[/caption] The President, Nana Addo Dankwa Akufo-Addo, left Ghana on Thursday, 28th March, 2019, to begin a nine-day visit of the United States of America and the Republic of Cuba. President Akufo-Addo’s visit to the United States is to honour outstanding invitations extended to him to participate in public engagement programmes there. He will deliver speeches at the Harvard Kennedy School at Harvard University, and the University of Chicago’s Institute of Politics, and discuss investment opportunities in Ghana at the Chicago Council on Global Affairs. He will meet with Rahm Emmanuel, former Chief of Staff to President Obama and currently…

The largest opposition party, National Democratic Congress, is warning the country’s Electoral Commission to be careful in discharging its duties as expected of it in order not to appear bias. “The NDC cautions the EC to be mindful of its core mandate to act as a credible impartial referee in the country’s electoral processes and to play by the rule books,” the party said in a press release signed by its General Secretary Johnson Asiedu Nketiah. The NDC was responding a post IPAC meeting statement issued by the electoral body suggesting that it was agreed at the meeting that a…

Former president of the Association of Ghana Industries, Tony Oteng-Gyasi is urging government to implement policies, backed by law, to save the economy from the influx of foreign goods. He noted that because the economy is import driven, Ghana needs a behavioural change by “finding our own way to our development problem”. Speaking at the second Media General Economic Dialogue Series in Accra Thursday, Mr. Oteng-Gyasi pointed out that policy makers should take interest in all indicators causing the cedi to depreciate. The dialogue themed “The Ghana Cedi; Breaking the cycle of depreciation”, assembled speakers well vested in the Ghanaian…

Former president of the Association of Ghana Industries, Tony Oteng-Gyasi is urging government to implement policies, backed by law, to save the economy from the influx of foreign goods. He noted that because the economy is import driven, Ghana needs a behavioural change by “finding our own way to our development problem”. Speaking at the second Media General Economic Dialogue Series in Accra Thursday, Mr. Oteng-Gyasi pointed out that policy makers should take interest in all indicators causing the cedi to depreciate. The dialogue themed “The Ghana Cedi; Breaking the cycle of depreciation”, assembled speakers well vested in the Ghanaian…

Economist Kwame Pianim has rubbished the injection of dollars by the Central Bank to stabilize the Cedi. According to him, such funds should rather be invested in projects geared towards increased production of local goods instead of importing. Kwame Pianim was speaking at the Media General-organised Economic Dialogue Series on the theme ‘The Ghana Cedi, breaking the cycle of depreciation’. The veteran economist is of the view that government should rather have long term measures to stabilize the Cedi rather than the short term approach such as injecting dollars. The Central Bank recently announced the injection a minimum of $800…

International economist Kwame Pianim has taken an unorthodox position regarding who is to blame for the weakening of the domestic currency on the international foreign exchange market. According to the investment consultant, government must not be blamed for the depreciation of the Cedi. “We should not blame government for Cedi depreciation,” he posited. “We should blame the Governor of the Bank of Ghana because that is their job.” He opines that government’s responsibility is to ensure that the general economy is doing well and that has a ripple effect on how the Cedi performs. Mr Pianim shared these views at…

Ghana coach Kwesi Appiah has reiterated that if Kevin Prince Boateng apologizes to the nation for the debacle of Brazil, he will invite him to the Black Stars.  Ahead of the Africa Cup of Nations in Egypt this summer, many have called for the return of the the Barcelona forward following his form with US Sassuolo before moving to Spain. However, coach Kwesi Appiah is demanding an apology to invite the 32-year old player. “This issue has got to do with the white paper of the Dzamefe Commission,” he said.  “They were asked to apologize to the nation before they…

US Embassy in Ghana US Ambassador to Ghana Stephanie S. Sullivan led an event on Wednesday in Kpone to mark the new partnership between the Ghanaian company Strategic Security Systems International, and its subsidiary Strategic Power Solutions, with the U.S. Company AEG International. Their initial objective will be to provide solar energy to six dioceses of the Ghana Catholic Church. The US Trade and Development Agency (USTDA) is providing grant support for AEG International to work with Strategic Power Solutions to conduct a detailed feasibility study for the project. The energy for the project will be generated from solar panels…

Facebook has said it will block “praise, support and representation of white nationalism and separatism” on Facebook and Instagram from next week. The social media giant also pledged to improve its ability to identify and block material from terrorist groups. Facebook users searching for offending terms will be directed to a charity which combats far-right extremism. The social network has come under pressure after a man livestreamed an attack on two mosques in New Zealand. Facebook had previously allowed some white nationalist content it did not view as racist – including permission for users to call for the creation of…

As media conglomerate, Media General, readies to host the second edition of its Economic Dialogue Series Thursday morning, on the theme ‘The Ghana Cedi; Breaking the cycle of depreciation’, hopes are high that the event will deliver as much as the maiden edition, which focused on Ponzi schemes. Speakers on the dialogue, former Deputy Governor of the Bank of Ghana Emmanuel Asiedu-Mantey, internationally recognised economist Andrews Kwame Pianim, Chief Executive Officer of Dalex Finance Kenneth Thompson and others, are expected to bring their expertise to bear in finding solutions to the phenomenon of the cyclical depreciation of the Cedi. Many…