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Large swaths of Ghana are facing power blackouts due to gas shortages at a major power facility, the nation’s power operator said, compounding the country’s worst economic crisis in decades.
The program is claimed to serve as a 'blueprint' for Ghana's economy recovery post COVID-19. [6] [7] [8] According to Osei Kyei Mensah Bonsu , the Ghana CARES program 'is the boldest and biggest economic recovery program in the country's history, will enable the country to turn the challenges created by COVID-19 into opportunities for ...
Tackling these issues will be necessary if Ghana's rapid economic growth is to be maintained. [ 32 ] According to Transparency International 's 2022 Corruption Perception Index , Ghana was ranked 72nd out of 180 countries, with a score of 43 on a scale where a 0–9 score means highly corrupt, and a 90–100 score means very clean.
The Ghana banking crisis was a severe banking crisis that affected Ghana between August 2017 and January 2020. The Bank of Ghana (BoG) allowed several indigenous banks to be taken over by private companies between August 2017 and January 2019 after Nana Akufo-Addo was elected president in December 2016.
The Business and Financial Times (B&FT) is a Ghanaian privately owned newspaper which focuses on reporting business news from Ghana and across the African continent. [1] [2] [3] The newspaper is popularly known as the B&FT, it has a nationwide coverage and a readership of about 309, 000 as reported by Geopoll's ranking of nationwide top newspapers.
Ghana Economic Forum (GEF) is a two-day forum focused on discussions pertaining to issues around the Ghanaian economy. [ 1 ] [ 2 ] The forum which started about 6 years ago (2012) is organised by the Business & Financial Times and was endorsed in 2017 by the government of Ghana as part of Ghana’s 60th Independence celebrations.
When ranked by score among the 180 countries in the 2023 Index, Ghana ranked 70th, where the country ranked first is perceived to have the most honest public sector. [1] For comparison with worldwide scores, the best score was 90 (ranked 1), the average score was 43, and the worst score was 11 (ranked 180). [2]
Akuffo was unable to solve Ghana's economic problems, however, or to reduce the rampant corruption in which senior military officers played a major role. On 4 June 1979, his government was deposed in a violent coup by a group of junior and non-commissioned officers - the Armed Forces Revolutionary Council (AFRC) - with Flt. Lt. Jerry Rawlings ...