President Bola Ahmed Tinubu will depart Abuja today, Monday, for Accra, the Republic of Ghana capital, to attend the inauguration of its President-elect, John Dramani Mahama, tomorrow, Tuesday. Mahama, who served as the 12th President of Ghana between 2011 and 2017, was re-elected in December 2024, and will succeed President Nana Akuffo-Addo (2017-2025). According to a statement issued in Abuja yesterday by the President’s Special Adviser on Information and Strategy, Bayo Onanuga, Tinubu’s trip to Accra is at the invitation of the President-elect, who had visited the Nigerian leader earlier…
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Ghana announces visa-free entry for Africans
Ghanaian President, Nana Akufo-Addo yesterday announced that visa-free travel for all African passport holders will start at the start of this year, marking a step towards continental economic integration. The announcement came during his final ‘State of the Nation’ address, as he prepares to step down on January 6 after two-terms in office. In his speech to parliament, Akufo-Addo said: “I am proud to have approved visa-free travel to Ghana for all African passport holders, with effect from the beginning of this year. This is the logical next step to…
Read MoreGhana presidential election: John Mahama makes historic comeback win
Ruling partys candidate concedes defeat Ghanas former President, John Dramani Mahama has staged a political comeback by winning the West African nations presidential election after his rival Vice President Mahamudu Bawumia conceded defeat yesterday. Bawumia is the candidate of the ruling New Patriotic Party (NPP) while Mahama is of the National Democratic Congress (NDC). Early results indicate Mahama is poised to win, garnering 56.39% of votes, while Bawumia secured 42.64%. Ghanas Vice President, Mahamudu Bawumia, has conceded defeat. The vice-president, who addressed the press at his residence yesterday, congratulating Mahama…
Read MoreFirst anniversary: ‘Ghana now richer than Nigeria’ Bismarck Rewane
The Managing Director/Chief Executive Officer of Financial Derivatives Company Ltd, Bismarck Rewane said Ghana is now richer than Nigeria. Rewane, who disclosed this in an interview on a television programme yesterday, said Nigeria has fallen from the 32nd largest economy in the world to 42nd. The renowned economist added that in Africa, the nation has also descended from its 1st ranking to 4th in terms of wealth management and accumulation. Rewane, who noted that Ghana has also overtaken Nigeria, said, In the past, we were always richer than Ghana, now…
Read MoreHealthcare Financing: Kaduna Scheme partners Islamic Foundation
The Kaduna State Contributory Health Management Authority (KADCHMA) says it will partner Africa Islamic Economic Foundation as part of innovative healthcare financing for its health insurance scheme. The Director-General of the authority, Malam Abubakar Hassan, said this in Abuja on Friday at the close of a four-day meeting to review the states Health Insurance Scheme under the State Social Security Law, 2023. Hassan said that the partnership was crucial to improving infrastructure in primary healthcare facilities. This, according to him, will improve the quality of healthcare delivery in the state…
Read MoreProtest over economic hardship in Ghana enters 4th day
Ghanaians have resolved to remain in the streets in protest of economic hardship as the West African country continues to struggle with a high cost of living. The protest, which began on Thursday – with protesters taking their grievances to Jubilee House, Ghanas presidential palace in Accra – continued yesterday. Although inflation in Ghana has been on a decline, hitting a 10-month low in August at 40.1 percent from 43.1 percent in July; the protesters are still asking the Ghanaian government to Fixthecountry as the slowdown in inflation rate is…
Read MoreGhanaian currency declared worst performing in the world Bloomberg Report
The latest report by international finance firm, Bloomberg, has tagged the Ghana Cedi as the worst performing currency in the world currently. Bloomberg reports has said that the cedi fell to as much as 3.3 percent, to exchange for 11.2750 cedis per dollar, as of Monday in Accra, the nation’s capital. This year, the cedi has lost more than 45 per cent of its value, the highest among 148 currencies that Bloomberg tracked. With the slide, the Ghanaian currency has overtaken the Sri Lankan rupees losses, slumping nearly 45% against…
Read MoreGhanaian president, ministers slash salaries by 30%
Ghanaian President, Nana Akufo-Addo, and his ministers have cut their salaries by 30 percent, under measures to reduce spending. The salary cut became necessary as the country struggles with higher fuel costs resulting from the Ukraine crisis as well as stalled progress on a new tax, the government said on Thursday. Finance Minister, Ken Ofori-Atta announced that foreign travel by government appointees, except for critical missions, and the purchase of imported vehicles had been suspended with immediate effect. He said the government hoped to save around $400 million through the…
Read MoreECOWAS: Osinbajo arrives in Accra for Extraordinary Summit
Vice-President Yemi Osinbajo has arrived in Accra, Ghana, to represent President Muhammadu Buhari at an Extraordinary Summit of the ECOWAS Authority of Heads of State and Government. The meeting, which will be attended by leaders across the region, follows previous meetings and efforts by the leaders to resolve the situations in Mali and Guinea. Osinbajo was received at the Kotoka International Airport, Accra, by Nigeria High Commissioner in Ghana, retired Vice Admiral Ibok-Ete Ibas and Kwaku Ampratwum-Sarpong, Ghanaian Deputy Minister for Foreign Affairs and Regional Integration. The vice president was…
Read MoreVisa waiver agreement with UAE have not been implemented Ghana Embassy clarifies
The Embassy of the Republic of Ghana in the United Arab Emirates, (UAE), has refuted reports of visa-free entry for Ghanaians to the UAE. It was earlier reported that Ghanaian passport holders can now travel to the UAE without visa requirements following adoption of the MOU between the two countries. A press release by the embassy in Abu Dhabi, dated Monday, August 9, said even though the visa waiver agreement has been ratified by the Parliament of Ghana, the processes for its implementations have not been completed. It has come…
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