You are welcome to another edition of Week in Focus with The High Street Journal. Here we bring you the highlights of the key stories of the week. I am Tatyana.
As the year draws to a close, the 2025 first Quarter Budget, some expenditure approvals are in limbo as the Speaker of Parliament, Alban Bagbin has indefinitely suspended parliament. This is due to the dispute between the NDC and NPP over the majority side after four seats were declared vacant.
Ghana’s position as one of the leading investment destinations for trade has taken a significant hit. The country has fallen from its third place to seventh on the Standard Bank Africa Trade Barometer.
The Institute of Economic Affairs (IEA) is the latest institution to oppose the sale of the Newmont Akyem Mines to the Chinese Mining Company. The institute projects that Ghana could lose billions annually in proceeds if the mine to sold to foreigners.
The Bank of Ghana’s digital currency, eCedi has made significant gains this week recording an unprecedented total transaction value of 472 million Ghana cedis. But, hey, the eCedi is still in the piloting phase.
On climate-friendly innovation, the Accra Metropolitan Assembly has commissioned an onsite biogas capable of processing 180 tonnes of organic waste daily while the University of Ghana has launched an initiative to convert plastic into fuel.
The High Street Journal’s this week spotlight was on Smart Transit Limited, Ghana’s first private commercial EV bus marking exactly a month in operation.
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This is where we draw the curtains on this week’s edition of “The Week in Focus” by The High Street Journal. Let’s meet again next week. Have a great weekend.
