Category: Top Stories
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We’ll address concerns of Gold Coast Fund customers – SEC
The Securities and Exchange Commission (SEC) has promised to address the concerns of customers of defunct Gold Coast Fund Management Company Limited. The aggrieved customers on Thursday, May 4, returned to the premises of SEC to picket for the third day in a bid to demand payment of their locked-up funds. The leaders of the…
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All is not lost: Govt reacts to GSS’ 1.76 million unemployment report
The Deputy Minister of Employment and Labour Relations, Bright Wereko-Brobby, says the unemployment rate cited in the Ghana Statistical Service’s (GSS) labour statistics report is not as bad as it looks. Data from the Ghana Statistical Service indicate that about 1.76 million persons were unemployed by the third quarter of 2022. The report further indicated…
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GSS’ data on 1.76m unemployed persons alarming – Economist
Economics lecturer at the University of Ghana, Professor William Baah-Boateng, says the data on persons unemployed in the country is alarming. Data from the Ghana Statistical Service indicated that about 1.76 million persons were unemployed by the third quarter of 2022. The report further indicated that two out of every 3 persons employed during the…
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Ghana bags $3.5bn from non-traditional exports in 2022
The Value of Ghana’s Non-Traditional Exports increased to 3.5 billion dollars in 2022 from the 3.3 billion dollars recorded in 2021. This is contained in the annual non-traditional export statistics report 2022 revealed by the Ghana Exports Promotions Authority. The 3.5 billion dollars recorded in 2022 indicates a 6% increase over the 2021 NTE earnings…
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2.5m youth were not in employment, training or education by 3rd quarter of 2022 – GSS
About a quarter of the population aged between 15 to 35 years, representing 2.5 million persons were not in employment, education or training across the country by the third quarter of 2022, according to the latest labour statistics report from the Ghana Statistical Service. The report also indicated that the highest rates of such cases…
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Over 200,000 persons moved from industry to agric, service sectors in Q1 of 2022 – GSS
The Ghanaian economy witnessed some changes in employment trends in the year 2022, according to the Quarter 3 Labour Statistics report by the Ghana Statistical Service. In the first quarter of the year, 217,000 persons who were employed in the industry sector transitioned to Agriculture and Services sectors. The agriculture sector absorbed a net of…
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1.76m persons were unemployed by third quarter of 2022 – GSS
Data from the Ghana Statistical Service indicate that about 1.76 million persons were unemployed by the third quarter of 2022. The report further indicated that two out of every 3 persons employed during the period were in vulnerable employment. “The definition for vulnerable employment includes; are you self-employed without your colleagues, are you a contributing…
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Two-thirds of Ghana’s unemployed population are women – GSS Report
The 2022 Annual Household Income and Expenditure Survey Third Quarter Labour Statistics Report launched in Accra today has revealed that two out of every three unemployed persons in the country are females. The Government Statistician, Professor Samuel Kobina Annim, emphasized that the high rates of female unemployment were not solely due to their gender. Professor…
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Gold Coast Fund customers picket at SEC to demand locked up cash
Aggrieved customers of collapsed Gold Coast Fund Management Company have returned to the Securities and Exchange Commission for Day 2 of picketing to demand the payment of their locked-up funds. The collapsed financial institution under the name BlackShield Capital Limited had about 55,000 customers whose funds were locked up shortly before the regulator revoked its…
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Demand better offers from developed countries – Bawumia tells African leaders
Vice President Dr. Mahamudu Bawumia has urged African countries to demand more from Western countries that seek development assistance. According to Dr. Bawumia, the West’s recent rush for Africa’s support means the continent must demand larger shares. His remark comes in the wake of what many regard as the superpowers’ desperation for Africa’s partnership. The…