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According to Bloomberg, the yield on the country’s $1 billion bond maturing in 2026 declined for the sixth consecutive day, as President Nana Akufo-Addo reiterated government’s commitment to get the economy back on track.

These survey findings were broadly in line with observed trends in the February 2022 Ghana Purchasing Managers Index (PMI). The Ghana PMI, which is a measure of the rate of inventory accumulation by managers of private sector companies, declined below the 50.0 benchmark on the back of weak output and purchasing activity amidst rising inflation.

Developments in the banking sector over the first two months of 2022 show continued strong asset growth. Total assets stood at GH¢187.8 billion in February 2022, representing 23.5 percent annual growth, compared with 18.5 percent growth in the previous year.

Mobile Money (MoMo) vendors across the country complained that, there were madrush withdrawals at their various mobile money vending outlets causing them to run out of cash which has tendency to collapse their petty business in the circumstances of the current economic hardship. However, it took the president, Nana Akufo Addo two working days to assent to the E-Levy law despite majority of Ghanaians haven openly kicked against the levy, especially taxing MoMo. An economics professor at the University of Ghana Business School shared his disappointment at the government for ignoring a better and progressive tax alternatives to push through the regressive E-Levy.

Speaking at national dialogue organized by the Natural Resource Governance Institute (NRGI) and the Africa Centre for Energy Policy (ACEP) on Ghana’s gas, the communication expert called on stakeholders to keep brainstorming in support of government to manage the sector. Themed “National Dialogue on the future of Ghana’s Gas Sector”,  the dialogue held in Accra brought some energy expect and industry players to  brainstorm on ways to develop the country’s “transition fuel”.

Previous fracas back in 1973 led to the burning of the team’s bus after the Black Stars beat the Nigerians 3-1 to crash the latter’s hopes of qualification. The match, involving the two West African rivals, ahead of the FIFA World Cup in West Germany the next year saw an abrupt end.

“Warm congratulations to the Senior National Football Team, the Black Stars… for qualifying for the 2022 World Cup in Qatar. I am very proud of the team’s exploits. They have made the entire nation proud,” he tweeted.

In the hung Parliament of 137 MPs apiece for the Majority New Patriotic Party (NPP) side and the Minority National Democratic Congress (NDC) side, a required quorum for the vote would have been 138 MPs, the Minority has explained.

The Hon Member of Parliament for North Tongu in the Volta region, Samuel O. Ablakwa has secured internship package for Ghanaian medical students who were in school in Ukraine and evacuated due to the crisis.

The projects, which are part of the over 30 projects completed in the region and more than 200 nationwide by the Fund, include six-unit classroom blocks and 10-seater public toilet facilities.