Author: Admin
The indispensable role of digitalisation, as the catalyst for Africa’s economic transformation, has been at the forefront of the 2025 World Economic Forum (WEF) meeting in Davos, Switzerland. The 4-day Summit, which had over 60 world leaders and several global economic giants participating, discussed issues of global interest, including stimulating economic growth to improve living standards, climate change, emerging technologies, among others. During a special session on Africa, which discussed the potential of technology to transform the continent, the WEF reached a consensus that adopting emerging technologies such as artificial intelligence, the Internet of things and digitising economies, are indispensable…
Both Seth Tekper, the President’s economic advisor and Dr Cassiel Ato Forson, finance minister have publicly declared their readiness to work with diverse groups towards resetting the economy.
We have to do the right things so that the trade will go on for the foreign exchange to come,” she said, stressing the urgency of the matter to protect the fishing industry, which contributes significantly to Ghana’s economy.
The CSOs have indicated their recognition of the ambitious agenda set forth by the new administration and commend the emphasis on economic recovery, environmental stewardship, good governance, and energy transition.
According to an Alliance of Civil Society Organizations, the reforms are needed to attract significant investment and revitalize the industry.
Dr Ato Forson emphasized that his major target for this is to reduce inflation drastically to a single digit of 8%, increase domestic revenue mobilisation by about 5% of Gross Domestic Product, while stabilizing the Cedi. To achieve these, the fiscal system needs to be efficient in controlling government expenditure and improving revenue collection while eliminating leakages.
Ghana’s shine at the global space comes the same week the 2025 World Economic Forum (WEF) resolved after the 4-day summit that, “adopting emerging technologies such as artificial intelligence, the Internet of things and digitising economies, are indispensable to the growth of Africa.”
The finance minister, Dr Cassiel Ato Forson’s resolve to reintroduce the road toll levy collection this year ignited much interest and massive support from the stakeholders and the general public.
With these trends, 2025 presents diverse opportunities for investors, particularly in gold and cocoa, while the oil market may require cautious navigation amidst ongoing challenges.
The Bono East Regional Office of the Public Utilities Regulatory Commission (PURC) has urged utility companies in the region to improve the quality of service they deliver to consumers. A total of four hundred and fifty-two (452) complaints were lodged against the utilities by consumers in the year 2024 out of which four hundred and forty-six (446) were amicably resolved representing a 98.67% resolution rate. The majority of these complaints were against the Northern Electricity Distribution Company (NEDCo) whilst complaints by utilities against consumers came second. Ninety-one (91) complaints representing 20.13% were lodged against consumers in the region. According to…