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Ghana Unveils Groundbreaking 5G Network.

Ghana has officially launched its first 5G network, marking a significant advancement in the country's telecommunications landscape. The event, led by Minister for Communications and Digitalisation, Hon. Ursula Owusu-Ekuful, highlighted the transformative potential of 5G technology, promising enhanced connectivity, productivity, and economic growth.The initial rollout targets major cities like Accra, Kumasi, and Takoradi, with plans for nationwide coverage, including rural areas, by 2026. This ambitious timeline aims to ensure that all Ghanaians can enjoy the benefits of high-speed internet.Owusu-Ekuful emphasized the revolutionary capabilities of 5G, which include higher speeds, lower latency, and increased capacity for innovations across various sectors such as agriculture, healthcare, and manufacturing. A multi-phase strategy is in place to facilitate this rollout while addressing challenges such as cybersecurity and affordability.The government is committed to safeguarding user data through stringent protections and fostering a collaborative environment with telecom […]

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National Tourism Awards Celebrated at Osu Castle Gardens.

The Ghana Tourism Authority (GTA) recently held the National Tourism Awards at the Osu Castle Gardens in Accra, an event dedicated to honoring outstanding contributions to Ghana's tourism sector. This year's ceremony celebrated various tourism professionals, businesses, and organizations that have demonstrated excellence and innovation, boosting Ghana's appeal as a top travel destination. With awards spanning multiple categories, including hospitality, travel services, and ecotourism, the event highlighted the growing significance of tourism for Ghana’s economy and its cultural heritage. The choice of Osu Castle Gardens as the venue added historical significance, showcasing one of the country’s renowned landmarks. The GTA aims to inspire continued development in the tourism sector by recognizing leaders and innovators who contribute to Ghana’s visibility on the global stage. The awards also align with Ghana’s agenda to increase tourism revenue by attracting more international and local […]

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IMF Projects Ghana’s Debt to GDP Ratio Will Reach 83% by end of 2024

The International Monetary Fund (IMF) has projected that Ghana's debt-to-GDP ratio will climb to 83% by the end of 2024, as detailed in its October 2024 fiscal monitor report during the ongoing IMF annual meetings in Washington, D.C. Currently, Ghana's debt stock exceeds GHS 760 million, equating to approximately 75% of GDP.Despite this increase, the IMF forecasts a steady decline in the debt-to-GDP ratio over the next five years, predicting it will drop to 69.7% by 2029. This optimistic outlook is based on anticipated improvements in Ghana's fiscal indicators.In addition to the debt projections, the IMF has maintained its economic growth forecast for Ghana at 3.1% for 2024, which aligns with the government’s end-year target. IMF Chief Economist Pierre-Olivier Gourinchas emphasized the importance of a “triple pivot” strategy—comprising easing monetary policy, rebuilding fiscal reserves, and implementing structural reforms—to ensure sustainable […]

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Mahama to Kick Off Oti Region Campaign Tour for 2024 Elections.

John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), is set to embark on a two-day campaign tour of the Oti Region starting on October 17, 2024. During this tour, Mahama aims to engage with voters in all nine constituencies, including key areas like Guan, Jasikan, Nkwanta South, and Krachi West.The campaign will focus on smaller, community-centered events to build personal connections with the electorate. Mahama plans to reaffirm his commitment to completing stalled projects, enhancing economic growth, and addressing farmers' needs with service centers and better access to farming tools.Accompanied by national executives and MPs, Mahama will highlight key manifesto points such as fixing the economy and promoting women’s development banks and agro-processing factories. The tour is expected to stir excitement among voters in the Oti Region as the 2024 election approaches.

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Cape Coast’s Urgent Need for a Mall.

Cape Coast, a city rich in history and culture, is in growing need of a modern shopping mall to meet the demands of its residents and tourists. As one of Ghana’s key urban centers, Cape Coast has witnessed a surge in economic activity and population growth, yet lacks a central, accessible hub for shopping, entertainment, and social activities. A mall would not only enhance the convenience for local shoppers but also attract tourists, create jobs, and boost the local economy. The development of a mall in Cape Coast is not just a luxury but a vital step towards modernizing the city and catering to its growing population's needs.

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New Sanitary-Ware Factory in Takoradi Creates 600 Jobs and Boosts Local Economy.

Jintao Sanitary-Ware Ghana Limited has officially opened a cutting-edge production facility in Takoradi, significantly enhancing the local economy. This Chinese-owned company, part of the Hwani Group, specializes in sanitary ware products such as washbasins, bathroom cabinets, urinals, and more, with an impressive capacity to produce one million units annually. The factory, which is set to expand its output to two million units for export, is expected to create 600 jobs, with 90% of the workforce sourced from the Western Region. Approximately 70% of its production will be directed towards export markets, while the remaining 30% will serve the local demand. The government's initiative aims to tackle the housing deficit by providing affordable building materials, reducing reliance on costly imports that contribute to inflation. Jintao’s investment is poised to make high-quality sanitary products more accessible to real estate developers and home […]

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Surge of Support for Kyerematen’s Vision in Volta Region.

he Afrafranto Caravan Tour, led by Hopeson Adorye, has seen significant growth in the Volta Region as support for Alan Kyerematen's presidential campaign surges. With each stop, Kyerematen's vision for transforming the region into a Skills Development Hub is resonating deeply with locals. Traditional leaders, including Torgbui Sri III of Anlo and Torgbui Dzelu IV of Dzelukope, have expressed their support, praising Kyerematen’s leadership. Adorye encouraged the people of Volta to turn their love for Kyerematen into votes, emphasizing that his presidency would bring development and jobs to the region. The campaign contrasts his vision with the perceived shortcomings of previous governments, sparking a renewed sense of purpose among voters.

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Ghana and China in Talks to Resume Stalled Sekondi-Takoradi Interchange Project.

The Ghanaian government is in negotiations with Chinese counterparts to resume work on the PTC Interchange project in the Sekondi-Takoradi metropolis, Western Region. This three-tier interchange, meant to boost road infrastructure and economic growth, stalled after the Chinese contractor left the site in January 2023. With 80% of the work completed, the government aims to finish the project within the year. Ongoing road improvements in the region, including the Takoradi-Elubo highway and Takoradi-Agona Nkwanta road, are also expected to enhance transportation and boost trade.

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Central Region Launches New Rice Brand.

The Central Region of Ghana has officially unveiled its new rice brand, Central Agra Rice, marking a significant step toward food security. The launch, attended by Park Kyongsig, the Korean Ambassador to Ghana, and Justina Marigold Assan, the Central Regional Minister, took place at a durbar event.This initiative follows years of collaboration and technical training among local farmers. The rice is grown, milled, and packaged by cooperative farmers in the region, emphasizing its local roots. To support this endeavor, a new rice milling factory was inaugurated in Assin Akropong, which will enhance the region's agricultural output.Managed by the Central Regional Rice Cooperative Union, the factory has a production capacity of 10,000 tonnes per year, aiming to align with the government’s goal of achieving self-sufficiency in rice production. The facility will process rice from five beneficiary districts: Gomoa East, Assin Fosu, […]

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