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CURRENT AFFAIRS
SUAME INTERCHANGE COMMISSIONED
President
President Nana Addo Dankwa Akufo-Addo has cut the sod for the construction of a four-tier interchange at Suame in Kumasi, with the declaration that the government is working assiduously to improve urban mobility in the city and the Ashanti Region at large.
$60 BILLION DOLLAR PETROLEUM HUB PROPOSED
PETROLEUM
Ghana to construct US$60 billion Petroleum-Hub at Beyin in the Western Region
AFRICAN DEVELOPMENT BANK
AGRICULTURE
Ghana gets $27.9m from African Development Fund for agricultural value chains
A NEW NATIONAL AIRLINE ?
Air Operator Certificate
Despite, Ofori Sarpong partner government to establish new national airline. Businessmen Osei Kwame Despite and his partner, Ernest Ofori Sarpong have reportedly joined the fray to partner government in the establishment of a new home-based carrier.
ECONOMIC REVIEW
01
POLICY
The 2021 and medium-term fiscal poliThe 2021 and medium-term fiscal policy framework was based on Government's broad macroeconomic objective of restoring and sustaining macroeconomic stability with a focus on fiscal consolidation and debt sustainability over the medium-term.cy framework was based on Government's broad macroeconomic objective of restoring and sustaining macroeconomic stability with a focus on fiscal consolidation and debt sustainability over the medium-term.
02
ISSUES
Access to financing remains a significant challenge for local companies. Commercial bank rates average 28 percent. Government debt remains high, at 78 percent of GDP (March 2022), and domestic revenue mobilization remains a challenge.
03
AID
Ghana is the third largest U.S. export market for goods in Sub Saharan Africa. Beyond its traditional industries of agriculture, mining - and more recently, oil and gas production – Ghana's digital, financial services, education, and franchising sectors are growing fast.
04
GROWTH
Supporting private sector growth in strategic export-oriented sectors including, but not limited to, agriculture and agricultural processing, services to enable greater exports, garment and apparel production, and light manufacturing
05
GOVERNANACE
The political structure of Ghana – a unitary state and a presidential system – concentrates significant of power in the presidency. The is no strong veto power in parliament and the courts. Officeholders, especially presidential appointees, are subordinate to the president.
FOCUS ON AFRICA
Tunisia's Islamist leader Ghannouchi released after 'money-laundering' trial
The speaker of Tunisia's dissolved parliament and arch-rival of President Kais Saied was released late Thursday, his lawyer said, after standing trial for a case involving money-laundering and "incitement to violence".
Rached Ghannouchi, who also heads the Islamist-inspired Ennahdha party that dominated Tunisian politics for a decade until Saied staged a power grab in mid-2021, was previously questioned on the case in July.
Other Ennahdha members are also facing prosecution over suspicious transactions involving Instalingo, a digital content production firm.
The company has been under investigation since last year for allegedly "plotting against state security" and inciting violence.
After a 14-hour hearing, the investigating judge released Ghannouchi, said his lawyer Sami Triki, adding that no date for the next hearing has been set yet.
The speaker of Tunisia's dissolved parliament and arch-rival of President Kais Saied was released late Thursday, his lawyer said, after standing trial for a case involving money-laundering and "incitement to violence".
Rached Ghannouchi, who also heads the Islamist-inspired Ennahdha party that dominated Tunisian politics for a decade until Saied staged a power grab in mid-2021, was previously questioned on the case in July.
Other Ennahdha members are also facing prosecution over suspicious transactions involving Instalingo, a digital content production firm.
The company has been under investigation since last year for allegedly "plotting against state security" and inciting violence.
After a 14-hour hearing, the investigating judge released Ghannouchi, said his lawyer Sami Triki, adding that no date for the next hearing has been set yet.
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INTERNATIONAL FEATURES
LATEST- INTERNATION AIRLINE NEWS
IATA release statement on Dublin Airport charges LATEST- “We welcome the Irish Commission for Aviation Regulation (CAR) decision to push back on Dublin Airport's proposed outrageous average 68% price increase.
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CANADA -HOSPITALITY
W Hotels announces opeing of W Toronto. W Hotels Worldwide, part of Marriott Bonvoy's portfolio of 30 hotel brands, has announced the opening of W Toronto. Rising 11 stories in the vibrant, creatively charged neighborhood of Yorkville, the hotel is a celebration of Toronto's storied art scene, culture, and legacy of non-conformity.
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PHILLIPINES -RICE (AGRICULTURE AND TRAVEL)
Banaue rice terraces-2000 year old heritage site. Banaue is a fourth class municipality in the province of Ifugao. What makes the place so famous is that it is home to a UNESCO World Heritage Site, the Banaue Rice Terraces.
Learn MoreECONOMIC POLLS
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Read MoreUPCOMING EVENTS-GHISA 2023
Countdown
CORPORATE HEROES
GHISA 2023
NEXT EVENT.NATIONAL CORPORATE HEALTH SERVICE AWARDS,THE GHANA HEALTH INDUSTRY SUMMIT AWARDS.
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