Author: Ellen Dapaah
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Ghanaian techies bemoan lack of confidence in local innovations
CEO of Afrifanom formerly known as Vokacom Company Limited, Nana Osei Kwasi Afrifa has lamented the lack of confidence in Ghanaian software developers or tech companies in producing solutions for various sectors of the economy. Although stakeholders keep preaching the use of Ghanaian innovations to push local start-ups and businesses, both private and public sector institutions…
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Achieving renewable energy goals should not be rushed – UENR Vice Chancellor
Even though there have been a lot of calls for Ghana to switch to renewable energy as soon as possible, not everybody thinks it is going to be achieved in the short to medium term. The Vice-Chancellor of the University of Energy and Natural Resources, Prof Elvis Asare-Bediako is one of such people. He believes…
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Ghana does not need the IMF – Dr. John Kwakye
Economist and Director of Research at the Institute for Economic Affairs, Dr. John Kwakye, has downplayed claims that Ghana needs financial support from the International Monetary Fund (IMF). According to him, there’s no need for Ghana to return to IMF because the country is endowed with natural resources that can help build the economy if…
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Tech experts divided over introduction of e-levy
The introduction of the 1.75 percent E-Levy continues to generate a lot of conversations, especially among technology enthusiasts. While many Ghanaians are still calling for a complete reversal of the 1.75% tax on electronic transactions as announced in the 2022 budget, others are in full support of the government’s plan to introduce the e-levy. The…
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Ghana can create better jobs through accelerated economic transformation – World Bank
Ghana has an opportunity in the coming decades, to accelerate economic transformation and create more and better jobs, after navigating through the heights of the pandemic. It can achieve this through fostering greater global integration, technological transformation, macroeconomic stability, and financial sector development, says the World Bank’s latest economic analysis for the country. The newly…
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Rate of e-levy should be reduced to 0.5% – Dr. John Kwakye
While many Ghanaians are still calling for a complete reversal of the proposed 1.75% tax on electronic transactions, as announced in the 2022 budget, others are calling for a reduction or readjustment in the rate to lessen the burden on Ghanaians. For the Director of Research at the Institute of Economic Affairs, Dr. John Kwakye,…
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Ghana’s debt stock rises to GH¢341.8 billion, nearly 78% of GDP
An additional GH¢1.5 billion has pushed Ghana’s public debt stock to GH¢341.8 billion as of September 2021. Standing at GH¢340.3 billion in August this year, the new figure represents a marginal 0.44 percent increase in the country’s debt stock. On a year-to-year basis, the debt stock has seen a 24.7% increase compared to GH¢274.1 billion…
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COPEC blasts government for silence on rising fuel prices in 2022 budget
The Chamber of Petroleum Consumers (COPEC) is disappointed that the government did not propose any policy in the 2022 budget to address the continuous hikes in fuel prices. This comes on the back of another increment in the price of fuel from GH¢6.90 to GH¢6.99 per litre. A drive-through town on Sunday to ascertain the…
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Chartered Institute of Bankers urged to introduce digital courses
The Chartered Institute of Bankers, Ghana is being charged to ramp up efforts in offering digital skills training to its members as Ghana moves into a cash-lite economy. This call comes at a time where stakeholders in the banking sector are increasingly instituting digital services in order not to be left out of the digitalization…
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Ghana’s urban population rises by 11.4% in 11 years
Data from the 2021 Population and Housing Census General Report has revealed that Ghana’s urban population has increased by 11.4 percent between 2010 and 2021. According to the report, Greater Accra, Ashanti, Eastern and Central regions had more than 50 percent of the country’s total population of 30.8 million. Urban population continues to grow, increasing…