News
Cedi appreciation is a result of disciplined choices and sound policies – Prof. Naana Jane
Vice President of the Republic of Ghana, Prof. Naana Jane Opoku-Agyemang has credited the recent appreciation of the cedi to disciplined economic choices and sound policies implemented by the Bank of Ghana.
Speaking at the 14th Ghana Economic Forum held at the Kempinski Hotel in Accra, the Vice President said Ghana’s economy is gradually regaining strength due to prudent fiscal management, expenditure cuts, and improved internal controls.
She explained that these measures have helped restore confidence in the economy, leading to a stronger cedi and a decline in inflation to 9.4 percent.
“The cedi’s appreciation is not a miracle. It is the result of disciplined choices and the consistent application of sound monetary and fiscal policies by the Bank of Ghana,” she stated.
Prof. Opoku-Agyemang, however, cautioned against complacency and called for continued discipline to make the recovery sustainable.
She urged Ghanaians to focus on adding value to the country’s natural resources, such as processing cocoa into chocolate and refining bauxite into aluminium, to strengthen the economy and create more jobs.
She added that true economic stability depends on responsible habits like paying taxes honestly, producing more than the country consumes, and holding leaders accountable.
“The stability we enjoy today must be protected through commitment, productivity, and self-reliance,” she emphasised.
By: Jacob Aggrey
Minister for the Interior, Mubarak Mohammed Muntaka, has confirmed that former Chief Executive Officer of the Microfinance and Small Loans Centre (MASLOC), Sedina Tamakloe Attionu, is in prison and serving her jail term.
Speaking in an interview on Joy news, Mr. Muntaka dismissed claims that the former MASLOC boss was being held in a private location.
He said she has been in the custody of the state since she returned to Ghana.
“From the day Sedina came, she has been with us, and she’s serving her time,” he said.
The minister explained that the public is not usually told the specific prison where inmates, especially high-profile persons, are being held for security reasons.
He said even judges who sentence offenders do not necessarily know the specific prison where they are sent.
“If you want to visit her, you can write to the Prisons Service. They will talk to her, and if she is interested in you coming, she will let you come,” Mr. Muntaka stated.
According to him, disclosing the location of high-profile inmates could put their lives at risk, adding that some developed countries also keep such information confidential for security purposes.
His comments come amid public speculation over the whereabouts of Ms. Tamakloe Attionu following reports that she had returned to Ghana to begin serving her prison sentence.
By: Jacob Aggrey
The Western Regional Commander of the Ghana National Fire Service (GNFS), ACFO I Cecil Addo, has completed a familiarization tour of major corporate and industrial institutions across the Western Region to strengthen partnerships and enhance fire safety preparedness.
The tour covered key organizations including the Bank of Ghana, GOIL PLC, Ghanstock, Western Terminals, Zen Terminal, Keda Ceramics, Takoradi International Company (TICO), Volta River Authority (VRA), Harlequin Oil and Gas, and Western Serene Atlantic Hotel.
During the engagements, the Regional Commander encouraged management of the institutions to prioritize proactive fire prevention measures by incorporating strict safety protocols into their daily operations.
Discussions also focused on improving fire readiness and strengthening collaboration between GNFS and the corporate sector.
As part of the initiative, GNFS presented firefighting equipment, including Carbon Dioxide (CO2) and Dry Chemical Powder (DCP) extinguishers, as well as Fire Extinguishing Balls, to support workplace safety.
The institutions expressed appreciation for the outreach and pledged to support regular safety audits, joint emergency drills, and potential Corporate Social Responsibility (CSR) partnerships with the Service.
News1 week agoNFS, AACMA raise GH¢300K for new fire tender
- News6 days ago
FSD Africa, others launch Green Project Preparation Facility to unlock investment in climate infrastructure in Ghana
- News6 days ago
Merck Foundation holds 13th Africa Asia Luminary with 12 First Ladies to advance healthcare capacity across Africa and Asia
