Tag: Nana Addo
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Future of Ghana’s private sector promising – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo is optimistic about the potential of Ghana’s private sector, saying the future looks promising. The sheer energy and can-do spirit demonstrated by the private sector, culminating in job and wealth creation, had contributed significantly to economic growth and development, he noted. “The Akufo-Addo Administration is indeed building an entrepreneurial nation…
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Govt poised to help private sector grow – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has reiterated his government’s resolve to do everything it can to grow the country’s private sector, which will contribute to the growth of the economy. He said this because the country’s current economic challenges require investment from the private sector. Speaking at a meeting with the Group Board Chair of…
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IMF deal positive signal for investor confidence, creditors – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has said that the country’s recent agreement with the International Monetary Fund (IMF) will help to restore confidence and reopen avenues that have been closed to the country in recent years. In a speech to the nation on Sunday night, Akufo-Addo said that the IMF deal will not spell the…
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Impact of COVID-19 could slow Ghana’s growth rate from 7 to 2.5% – Akufo-Addo
The effect of the COVID-19 pandemic could affect Ghana’s growth rate from 7 percent on average to 2.5 percent if the situation persists till the end of 2020, President Akufo-Addo has stated. The President, who made the announcement last Friday when he announced a partial lock-down in parts of Accra, Kumasi, Tema, and Kasoa, said…
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Access common market through Ghana – Nana Addo to international community
Ghana for the past three days has sent a strong signal to potential investors in the United Kingdom and the entire global community as a preferred destination of accessing the African common market for their business operations. President Akufo-Addo said this during his keynote address at the second Ghana Investment and Opportunity Summit (GHIOS), which…
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Customers of collapsed banks, microfinance firms to get 100% deposits – Akufo-Addo
President Nana Akufo-Addo has announced that customers of indigenous banks that lost their licenses due to the financial sector clean-up exercise will receive full payment of their locked up cash. He said the same would be done for customers of collapsed microfinance institutions and savings and loans companies. The president made this known in his…
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President Akufo-Addo to announce new cocoa price on Oct 1, 2019
The Chief Executive Officer of COCOBOD Joseph Boahen Aidoo has stated that president Akufo-Addo will announce a new cocoa price for farmers on October 1, 2019. He maintained that cocoa farmers will be given priority in setting the new price for the commodity for the 2019/2020 crop season. “I have always told our farmers to…
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We’ve saved deposits of 1m Ghanaians in cleaning banking sector – Nana Addo
President Nana Addo Dankwa Akufo-Addo has revealed that the rationalization of the banking sector, undertaken by his government, has ensured that deposits of one million, one hundred and forty-seven thousand, three hundred and sixty-six (1,147,366) Ghanaians were saved. Speaking at the inauguration ceremony of the new Standard Chartered Head Office on Wednesday, 3rd October, 2018, President…
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Over GHc780m saved from sole sourcing – Nana Addo
The Akufo-Addo administration says it has saved about GHc 782 million from sole sourcing and restricted tendering processes within its first year in government. This is in sharp contrast to the zero savings made from sole sourcing in 2016 under the National Democratic Congress, according to figures from President Nana Akufo-Addo. Beyond this, the Ghana Institute of…
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Ghana awaits maritime dispute ruling with ‘fingers crossed’
President Akufo Addo says his government will not make any pronouncements on the yet to be delivered judgment on the maritime border dispute between Ghana and Ivory Coast. Nana Addo maintains that a lot of work is ongoing on how best to handle the outcome of the three year dispute. The International Tribunal of the…