Fredrick Addai Kwarteng

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2576 Articles

Interest-Free Islamic Banking Not a Threat to Conventional Banking – Prof. Gatsi Clarifies 

Fears that Islamic Banking would threaten traditional banking in Ghana have been dispelled, with experts suggesting it will instead enhance…

4 Min Read

Ghana’s Loan Distribution Skewed Towards Less Productive Sectors As Job-Creation Areas Remain Underfunded

In Q2 2024, Ghana's Commerce and Finance sectors received 36.3% of secured loans, overshadowing productive sectors like Agriculture and Industry,…

3 Min Read

The Drought, the Pwalugu Dam, and the US$500 Million Fix: The Price of Neglect and Inactivity

Ghana's government is raising $500 million to address drought impacts, highlighting years of neglect and the unbuilt Pwalugu Dam's potential…

4 Min Read

Expert Backs COCOBOD’s Move to Ditch 30-Year-Old Syndicated Loan

Professor Patrick Asuming supports COCOBOD's move to end 30 years of cocoa-syndicated loans, advocating domestic funding to retain more value…

5 Min Read

Islamic Banking Touted as Most Appropriate Financial System to Support Ghana’s Economic Growth

Islamic banking is advocated as the ideal financial system for Ghana's socio-economic development, offering interest-free, profit-sharing mechanisms that ensure project…

3 Min Read

Minority Urged to Thoroughly Scrutinize Government’s Controversial Contingency Fund Withdrawal

The Minority in Parliament has been advised to thoroughly scrutinize the government's request to withdraw funds from the contingency fund…

3 Min Read

High Cost of Living Looms as Analyst Predicts A More Massive Cedi Depreciation Ahead 

Ghanaians should brace for a higher cost of living as the cedi's depreciation worsens, potentially reaching GH¢21 per dollar and…

4 Min Read

Economist Takes a Swipe at Government GH¢8 billion Drought Intervention, Calling It a Knee-Jerk Reaction

Economist Prof. Patrick Asuming criticizes the government's GH¢8 billion drought intervention as a politically motivated, impulsive response after years of…

4 Min Read

Revamping TOR Key to Addressing Sentuo’s Fuel Quality Concerns – OMCs to Government  

Oil Marketing Companies (OMCs) urge the government to revamp Tema Oil Refinery (TOR) to address fuel quality concerns raised about…

4 Min Read

Fire Guts Parts of Parliament’s Multi-Million Dollar Job 600 Building

A fire at Parliament's Job 600 building damaged the first-floor Members Centre. Staff were safely evacuated, and firefighters are working…

1 Min Read

Commercial Banks Expect Interest Rates to Fall as Inflation Declines for Four Consecutive Months

Ghanaian commercial banks are hopeful that the sustained decline in inflation will prompt the Central Bank to reduce the Monetary…

4 Min Read

GUTA Maintains Strong Opposition to New Shippers’ Authority Act Despite Clarification by GSA 

GUTA is urging the President to delay signing the new Ghana Shippers' Authority Act, arguing it stifles trade and imposes…

4 Min Read

GUTA Calls for Inclusion of Vulnerable Men in NDC’s Proposed Women’s Bank

GUTA supports the proposed Women’s Development Bank by the NDC but urges inclusivity, suggesting it should also cater to vulnerable…

4 Min Read

Ghanaians Worse Off Today Than a Decade Ago Despite Growth in Macroeconomic Indicators – Economist

Despite a decade of macroeconomic growth, Dr. Theo Acheampong argues Ghanaians are worse off, with rising unemployment, inequality, and poverty,…

3 Min Read

Bawumia Optimistic of Low-Cost Data with Launch of Starlink in Ghana

Dr. Bawumia is hopeful that Starlink's entry into Ghana will lower data costs, enhancing internet access and supporting his digital…

3 Min Read