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Mar
11
2021
By The African Mirror
Ghana’s Akufo-Addo sees strong economic recovery in 2021

Ghana’s Akufo-Addo sees strong economic recovery in 2021

BUSINESS
GHANA's President Nana Akufo-Addo has predicted a sharp economic rebound this year after a pandemic-induced downturn thanks to new mining projects, increased manufacturing and expanded financial services. Ghana, West Africa's second-largest economy and a major producer of gold, oil and cocoa, saw economic growth slide to an estimated 1.9% in 2020, the lowest in decades. The country's debt-to-GDP ratio rose past 70% and prompted the International Monetary Fund to warn about possible debt distress. In his first state of the nation address since his re-election in December, Akufo-Addo said economic growth would top 5% this year. He touted recent investments…
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Mar
05
2021
By The African Mirror
Ghana court upholds president’s election victory

Ghana court upholds president’s election victory

NEWS
GHANA's Supreme Court yesterday upheld President Nana Akufo-Addo's election victory, rejecting a challenge by the runner-up John Mahama who had alleged irregularities in the results. Akufo-Addo was declared the winner of the December 7 vote with 51.59%, ahead of former president Mahama, who received 47.37%. Mahama alleged that votes had been added to Akufo-Addo's total in some polling stations, pushing him above the 50% threshold needed to avoid a runoff. The court said his allegations were without merit. "The petitioner did not demonstrate in any way how the alleged errors... affected the validity of the (results)," said Chief Justice Kwasi…
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Feb
10
2021
By The African Mirror
COVID-19 shuts Ghana’s parliament

COVID-19 shuts Ghana’s parliament

COVID-19
GHANA's parliament has suspended most of its activities for three weeks after at least 17 MPs and 151 staff members were infected with the coronavirus, the speaker said yesterday. President Nana Akufo-Addo warned last month that infection rates were skyrocketing and threatened to overwhelm Ghana's health system, part of a second wave of the virus across Africa that has been far more serious than the first. "Having regard to the upsurge in coronavirus cases in the House ... I have, in consultation with leadership, decided that the sitting of the House be suspended for three weeks," Speaker Alban Bagbin told…
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Feb
01
2021
By The African Mirror
Ghana aims to get 17.6 mln doses of COVID-19 vaccine by June

Ghana aims to get 17.6 mln doses of COVID-19 vaccine by June

COVID-19
GHANA plans to procure 17.6 million doses of COVID-19 vaccine by the end of June with the first doses arriving in March, President Nana Akufo-Addo said on Sunday. Like other countries in Sub-Saharan Africa, Ghana is battling a second wave of the novel coronavirus. Its daily infection rate is rising and is close to record levels, data compiled by Reuters shows. So far it has recorded over 63,000 cases and 416 deaths. "Our aim is to vaccinate the entire population, with an initial target of twenty million people," Akufo-Addo said in a speech to the West African nation of around…
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Jan
18
2021
By The African Mirror
Ghana president warns of health system overload

Ghana president warns of health system overload

NEWS
GHANA’S COVID-19 infection rates are skyrocketing and include new strains of the virus not before seen in the country, filling treatment centres and threatening to overwhelm the health system, President Nana Akufo-Addo has said. Since January 5, the number of active cases has risen to 1,924 from about 900, Akufo-Addo said in a speech. There are now 120 severe cases, up from 18 a week ago. Ghana is not yet close to a peak seen during the first wave of infections in the middle of last year, but could quickly reach that level if cases keep rising at the current…
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Jan
08
2021
By The African Mirror
Ghana president urges unity after scuffle in parliament

Ghana president urges unity after scuffle in parliament

NEWS
GHANA President Nana Akufo-Addo called for unity at his swearing-in ceremony after an acrimonious election that culminated in a fight on the floor of parliament. Soldiers entered Ghana's parliament overnight to break up a scuffle between rival lawmakers at odds over the December 7 election that marred the major cocoa and gold producer's reputation for peaceful polls. "I pledge before this august House and the good people of Ghana that all I do will be for the common good," Akufo-Addo said at the ceremony attended by heads of state from across West and Central Africa. He promised to boost growth…
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Jan
02
2021
By The African Mirror
Historic African free trade bloc opens for business

Historic African free trade bloc opens for business

NEWS
JOE BAVIER  AFRICAN countries began officially trading under a new continent-wide free trade area on New Year’s Day, after months of delays caused by the global coronavirus pandemic. But experts view the New Year's Day launch as largely symbolic with full implementation of the deal expected to take years. The African Continental Free Trade Area (AfCFTA) aims to bring together 1.3 billion people in a $3.4 trillion economic bloc that will be the largest free trade area since the establishment of the World Trade Organization. Backers say it will boost trade among African neighbours while allowing the continent to develop…
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Dec
30
2020
By The African Mirror
Ghana opposition to challenge presidential election loss

Ghana opposition to challenge presidential election loss

NEWS
GHANA’S main opposition party plans to formally challenge the outcome of a presidential election won last month by incumbent Nana Akufo-Addo, a rare move in a country where losing candidates typically concede defeat. Akufo-Addo was declared the winner of the December 7 vote with 51.59%, ahead of the opposition National Democratic Party's (NDC) candidate, former President John Mahama, who received 47.37%. The contest witnessed heated rhetoric during campaigning and election-related violence that killed at least five people, a rarity in a country that has a reputation as one of West Africa's most stable democracies. "The NDC will contest the results…
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Dec
19
2020
By The African Mirror
Re-elected Ghana President Akufo-Addo faces hung parliament

Re-elected Ghana President Akufo-Addo faces hung parliament

NEWS
GHANA President Nana Akufo-Addo faces a hung parliament after the opposition clinched the last undeclared seat on Friday, potentially complicating his ability to implement economic measures to respond to the coronavirus pandemic. Akufo-Addo's New Patriotic Party (NPP) and the opposition National Democratic Congress (NDC) each won 137 seats, which represents a loss of dozens of NPP seats. One constituency was won by an independent candidate. Akufo-Addo won a second four-year term in the December 7 vote, narrowly defeating the NDC's presidential candidate, former president John Mahama. Mahama has said he will contest the results, which he called "fraudulent". Akufo-Addo has…
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Dec
10
2020
By The African Mirror
Ghana president Akufo-Addo promises economic boost after election win

Ghana president Akufo-Addo promises economic boost after election win

NEWS
CHRISTIAN AKORLIE GHANA's President Nana Akufo-Addo has won a second four-year term in office, the election commission said on Wednesday, following a tightly contested vote that was tainted by violence in which five people died. Akufo-Addo fended off a hard-fought challenge from his predecessor winning 51.59% of the vote against old rival John Mahama with 47.37%. Mahama said on Tuesday that he was in the lead and hoped that there would be no attempts to "steal the election". Akufo-Addo has promised to implement a $17 billion programme to boost growth in one of West Africa's largest economies. The coronavirus pandemic…
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