Author: newsfilegh

Some analysts have questioned the research methodology of the latest Afrobarometer report which concluded that 59 per cent of Ghanaians say the country’s economy is heading in the wrong direction. The report, released by the Center for Democratic Development (CDD) also showed more than half of the respondents representing 54 per cent believe things will get better in the coming year. But panelists on TV3 news analysis programme, The Key Points, on Saturday raised concerns about the research. Development Economist, Dr George Domfeh said some of the questions posed to respondents are not holistic enough, hence the responses received might…

Some analysts have questioned the research methodology of the latest Afrobarometer report which concluded that 59 per cent of Ghanaians say the country’s economy is heading in the wrong direction. The report, released by the Center for Democratic Development (CDD) also showed more than half of the respondents representing 54 per cent believe things will get better in the coming year. But panelists on TV3 news analysis programme, The Key Points, on Saturday raised concerns about the research. Development Economist, Dr George Domfeh said some of the questions posed to respondents are not holistic enough, hence the responses received might…

President Nana Addo Dankwa Akufo-Addo says his government is confronting the inherent challenges that have been associated with the implementation of the Free Senior High School Policy. With some 1.2 million children currently enrolled in Senior High Schools, the highest such enrolment in the country’s history, Nana Akufo-Addo stated that sufficient provision has been made in the 2020 budget for the continued construction of facilities Speaking at the 70th anniversary celebration of Prempeh College in Kumasi, on Saturday he indicated that Government, this year, commenced the construction of 962 structures, comprising classrooms, dining halls, assembly halls, sanitary facilities, and dormitories,…

Ghanaian entrepreneur Bright Simons has accused political leaders in the country of cronyism, stating they have succeeded in creating a society that only supports persons and businesses connected to them. He said the country’s political leaders are no more interested in supporting a society in which talents and innovation flourish, hence asked politicians “to stop being hypocritical about it” and confront problem head on. Appearing on Hot Issues on TV3 Saturday, Mr Simons said “we’ve slowly sleep walked into a society where the only ticket to support across almost every business domain you can think of, is some relationship with…

United States Deputy Secretary of Agriculture, Stephen Lee Censky has said the US government is committed to lending support to ensure the African Continental Free Trade Agreement (AfCFTA) is a success. The aim of the trade agreement is to create an enabling environment for the free movement of goods and services within some 52 African countries that have consented to the agreement. Mr. Censky lauded leadership of the various African countries for coming together to boost trade amongst themselves through the agreement. Speaking in an exclusive interview with 3news Portia Gabor, the US Deputy Secretary of Agriculture noted the US…

The Ghana Grid Company Limited (GRIDCo) has for three years running recorded losses, with a net loss of 114.3 million cedis last year. According to GRIDCo, the Volta Aluminum Company Limited (VALCO) owes it 30-million dollars while ECG and NEDCo also owed about 607 million cedis and 177 million cedis respectively. It has warned to disconnect power VALCOon December 30 if its debt is not settled by then. The indebtedness of the three companies, GRIDCo management said, was hampering the operations of the company. Mr Jonathan Amoako-Baah, the Chief Executive of GRIDCO, who disclosed this at the annual general meeting…

The Ghana Grid Company Limited (GRIDCo) has for three years running recorded losses, with a net loss of 114.3 million cedis last year. According to GRIDCo, the Volta Aluminum Company Limited (VALCO) owes it 30-million dollars while ECG and NEDCo also owed about 607 million cedis and 177 million cedis respectively. It has warned to disconnect power VALCOon December 30 if its debt is not settled by then. The indebtedness of the three companies, GRIDCo management said, was hampering the operations of the company. Mr Jonathan Amoako-Baah, the Chief Executive of GRIDCO, who disclosed this at the annual general meeting…

Coldplay have fended off competition from Robbie Williams to score their eighth consecutive UK number one album. Their new LP, Everyday Life, beat the former Take That singer’s new festive collection The Christmas Present. Coldplay scored 81,000 chart sales this week, while Williams sold 67,000. That gives the band the third fastest-selling album of the year, behind Ed Sheeran’s No. 6 Collaborations Project and Lewis Capaldi’s Divinely Uninspired To A Hellish Extent. All eight of Coldplay’s albums – from their 2000 debut Parachutes to now – have topped the album charts. Last week, the UK four-piece told the BBC’s Colin…

Financial analyst Joe Jackson has described as unnecessary, the introduction of new high-value cedi denominations, arguing it adds no value to the economy. The 100 and 200 cedi banknotes announced by the Bank of Ghana Friday, he said, defeats the cashless society agenda the Akufo-Addo government has been pushing. Bank of Ghana unveils GH¢100 and GH¢200 notes BoG in announcing the banknotes explained the 100 and 200 cedis banknotes will ensure customer convenience and bring about efficiency in the printing of currency to generate savings for the country. Speaking on the issue on TV3 news analysis programme, The Key Points,…

Financial analyst Joe Jackson has described as unnecessary, the introduction of new high-value cedi denominations, arguing it adds no value to the economy. The 100 and 200 cedi banknotes announced by the Bank of Ghana Friday, he said, defeats the cashless society agenda the Akufo-Addo government has been pushing. Bank of Ghana unveils GH¢100 and GH¢200 notes BoG in announcing the banknotes explained the 100 and 200 cedis banknotes will ensure customer convenience and bring about efficiency in the printing of currency to generate savings for the country. Speaking on the issue on TV3 news analysis programme, The Key Points,…