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Graduate receives over 50 job offers following placard advertisement of his unemployment

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A young guy who gained notoriety after pictures of him balancing a banner with a description of his particular struggle with unemployment on the side of the road went viral has shared some good news.

Isaac Kwame Addae, a University of Ghana graduate with a degree in marine science, claims that he has gotten over 50 job offers so far but has not yet accepted any of them.

On Wednesday, July 6, 2022, the young man admitted that despite receiving numerous offers in various sectors, he has not yet accepted any. He was speaking to Serwaa Amihere on GH Today at the time.

“I can’t really tell the number but they are more than 50 and then individuals as well, want me to join them in aquaculture since I have a little experience there. A lot of people want me to enter the business aspect and some are also offering me the job that they will work on it for me but I don’t have the feedback yet so I can’t confidently hit my chest and say I have a job now,” he said.

Regardless, he is still looking for more opportunities for work, adding that “as long as it puts food on the table,” he is ready to adapt.

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I’ve received calls from over 50 companies offering me jobs and introducing me to the business side of Aquaculture. I’ve sent my CV to them hoping for a positive feedback – Isaac Kwame Addae

Delegates shouldn’t put their futures at risk – Kwabena Agyapong “joins” the NPP flagbearer race

Caleb Qwofi Right
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An unofficial declaration of Kwabena Agyapong’s willingness to run for the party’s flagbearership ahead of the 2024 elections has been made by the former general secretary of the NPP, which is now in power.

Agyapong claimed that after his previous run for office in 2007, when the NPP assembled in Legon to choose John Agyekum Kufuor’s replacement, he had learned some important things.

On July 5, 2022, he stated on Accra-based Hello FM, “I came in about 14th or 15th in that race.” “I believe the approach was incorrect (before), but I am smarter now, and that is why I was able to overcome Sir John in Tamale,” the speaker said (to become General Secretary).

“I am going to use an even more superior strategy when nominations are opened,” he stressed and explained further that he will formally announce his bid when the party opens nominations.

“I want to play by the rules. The party has rules and regulations and I am someone who is eternally respectful of the rules and regulations of the party. I don’t support the idea of just anyone going round talking much, most importantly, we have national elections that will lead to a new national leadership,” he added.

When the national executive committee releases its program for the flagbearership election and open nomination, the former presidential spokesperson for John Agyekum Kufuor said, “then we shall see who is the guy in this town.”

“It is not about money, the delegates should not mortgage their future,” he said in response to the question of whether he had the funds to finance the campaign. The kinds of things I hear are not acceptable, they bring us into disgrace, and they do not represent the party’s essential values.

Kennedy Agyapong, a member of parliament from Assin Central, is the other candidate who has announced his candidacy. Others are rumored to be involved, including Vice President Mahamudu Bawumia, Trade and Agriculture Ministers Alan Kyerematen and Afriyie Akoto, respectively.

What Oppong Nkrumah said in response to the National Cathedral and IMF

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The Ghanaian administration has begun talks with the International Monetary Fund for a potential bailout after acknowledging that the country is now experiencing an economic crisis.

Many Ghanaians have questioned the rationale behind some of the government’s spending, including certain public projects like the National Cathedral, as a result of the announcement’s impact.

During his appearance on Citi FM’s Breakfast Daily program on Monday, July 4, 2022, host Bernard Avle questioned why the government chose to allocate public monies to the National Cathedral project at a time when the country is experiencing an economic crisis.

He inquired, “How do you explain the sum we spent on the Cathedral at the time we did?”

The minister avoided answering the question in a seemingly evasive way, stating that he hadn’t yet been briefed on the National Cathedral expenditure-related issues.

“This whole cathedral matter I think has generated a lot of public brouhaha. I have honestly asked for a full brief to understand why we paid what at what point in time. So as I sit before you this morning, I don’t have a full brief to speak to that matter. Our understanding initially is that it was supposed to be put together by the churches and private sector with some seed support from the state. I don’t have a full brief of the details on how that has gone so I am not going to go into that,” the minister said.

According to reports, the government has already contributed GHC 200 million to the building of the National Cathedral.

Among other things, some people have questioned why the state would invest money on the project given the current economic climate.

On Friday, June 1, 2022, the Ghanaian government stated that it has decided to apply for a bailout from the IMF in order to address the country’s present economic problems.

The government has come in for harsh criticism after the announcement because of its earlier stance against a potential bailout.

Drop the e-levy after approaching the IMF – ACEP boss tells gov’t

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According to Mr. Benjamin Boakye, executive director of the Africa Centre for Energy Policy, the e-levy must be eliminated.
On Monday, July 4, he declared that it was clear from the start that the e-levy would not succeed on the New Day show with Berla Mundi on TV3.

In response to the government’s decision to approach the International Monetary Fund (IMF), Mr. Boakye was asked if the e-levy should be scrapped. He responded, “The e-levy, we told government it wasn’t going to work from the start and they didn’t listen. It’s one of the factors that contributed to our realization that we only receive 10% when we woke up one morning.

“If you are trying to tax the poor they have more energy to resist, it is a pure economic fact. You rather want to help the poor to grow to become big and contribute tax. If you check our Gross Domestic Product (GDP), 71 per cent come from the formal sector. So what that tells you is that the leakages are at the formal sector, so trying to spend more money to target the 30 per cent of the poor bracket, you are not going to get revenue from there. It is clear from the data which government refused t look at.”

“I think it has to go,” he stressed.

Professor Peter Quartey, the director of the Institute of Statistical, Social, and Economic Research (ISSER) at the University of Ghana, has meantime urged the government to take a look at reducing the e-levy rate to make it simpler for more people to pay.

In an interview with TV3’s Alfred Ocansey on Friday, July 1, he responded to the question of whether the government should continue collecting the e-levy after opting to turn to the Fund for assistance.

He stated that the government still needs the revenue and invited members of parliament from both parties to gather and discuss the best way to evaluate the rate downward.

“The IMF work together with governments. Initially, the policies and everything were just handed over from Washington to the respective countries, this has changed now. You have to develop your own policies and engage with the IMF and they will tell you which ones to take out, which ones to add and then you come to a consensus, based on that they will say, we will fund your programme.

“That is done through balance of payment support. It may take time, in the case of Sri Lanka, Sri Lanka announced they were going to the IMF and today, they haven’t finished the process,” he said.

In protest over cost-of-living allowances, teacher unions declare indefinite strike

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The Teachers and Educational Workers Union, the Ghana National Association of Teachers, the National Association of Graduate Teachers, the Coalition of Concerned Teachers Ghana, and the Ghana National Association of Teachers have started a statewide strike action as of today, Monday, June 4, 2021.

The failure of the government to accede to the teacher unions’ demand for a 20 percent cost-of-living allowance, according to their leadership, is the cause of the strike.

Given the current situation, we are obligated to openly inform Ghanaians of our plan to strike after the June 30, 2022 deadline we set for the government to pay our cost-of-living allowance has passed. As a result, we have made the decision to start a strike, which will begin today, Monday, July 4, 2022.

“By this, we are informing the general public that, we are withdrawing all our services in all the Pre-tertiary educational space. (Teaching & Non-Teaching Staff),” the group stated in a press release.

The teacher unions claim in their release that their request for a COLA has been affected by rising inflation, which has resulted in an ongoing increase in the cost of fuel, products, and services.

The General Secretary of GNAT, Thomas Tanko Musah, confirmed the teacher unions’ strike action to CountryGhana.

The walkout adds to the strain on Ghana’s government, which has been coping with a crisis that is only getting worse.

On Friday, June 1, 2022, the government stated that it has decided to ask the IMF for a bailout in order to lessen the country’s current economic problems..

Full Statement:

A delegation from the IMF will arrive in Ghana on Tuesday

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The International Monetary Fund (IMF) group is expected to arrive in Accra on Tuesday, July 5, according to a statement from the Ministry of Finance.
The Ministry announced that it has started working with the Fund to support Ghana’s economic agenda in response to the President of the Republic of Ghana’s direction.

“In light of this, a delegation from the Fund is planned to arrive in Accra on July 5, 2022, and will begin in-person meetings with the Ghanaian government on July 6, 2022.

PRESS-RELEASE-Government-Commencing-Engagement-with-the-International-Monetary-Fund-FOR-IMMEDIATE-RELEASE-1Download

“The Ministry further takes this opportunity to assure Ghanaians of the Government’s commitment to successfully negotiate a program with the IMF in the coming months, in support of Ghana’s economic recovery,” a statement issued by the Ministry said on Monday July 4.

We were compelled to visit IMF – Gabby Otchere-Darko

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Gabby Asare Otchere-Darko, a pillar of the New Patriotic Party (NPP), claims that the government was forced to ask the IMF for a bailout (IMF).

He said that the government was left with little choice since the policies it presented, such as the E-Levy, which may have provided real solutions to the nation’s current debt difficulties, were opposed by the people or by a minority of lawmakers.

On Saturday, June 2, 2022, during an appearance on Joynews’ Newsfile show, Gabby stated that although he is not particularly in favor of the idea of an IMF bailout, he thinks it is the government’s final resort.

“Yes, there were challenges, yes government came with its policies to see how to address those challenges and those policies were frustrated by the very parliament that we have.

“I am not too optimistic about why we are in the IMF, it is unfortunate that we were forced there because the policies that were brought did not get the support that it required so it had actually no option,” he added.

Mr. Otchere-Darko claims that the administration decided to seek assistance from the IMF as a necessary step in order to, among other things, prevent any further strain on the nation’s reserves.

“..We are in a difficulty but if you are in government and even if we don’t decide to go to the IMF, but you are put in a situation where your avenues of raising revenue are being closed, whether through parliamentary action or public rejection, then you will have to tackle it,” he said.

Adding, “The IMF may not necessarily bring us money but it could stop a run on our reserves, stops a run on your bonds, and I think if we have that stability over the next 15 months, I believe that the country will see a turnaround.

The President recently instructed the Finance Minister to begin official discussions with the International Monetary Fund, which prompted Gabby’s remarks (IMF).

According to a statement made by the minister of information, Kojo Oppong Nkrumah, on Friday, July 1, 2022, the president had given the finance minister instructions to ask the IMF to endorse an economic plan that the government of Ghana had developed.

Here are the cabinet ministers who have been assigned to one-on-one IMF interviews

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The list appears to have been carefully crafted, taking into account the backgrounds of each appointment and the particular projects or media outlets they have been given responsibility for.

And without a doubt, the news of the Nana Addo Dankwa Akufo-Addo administration’s significant U-turn, which led it to ultimately turn to the International Monetary Fund (IMF) after engaging in a number of political pranks on the populace, has raised more doubts than it has clarified.

Numerous people criticized the government’s action as unsatisfactory, especially after it battled through parliament to pass the contentious Electronic Transfer Levy (E-Levy).

Instead of turning to the IMF, the E-levy was promoted as the country’s safety net.

This is because, through their media appearances, certain ministers have already provided some compelling justifications for why approaching the IMF is a prudent course of action.

However, it now appears that this is all part of a well-coordinated scheme to get these appointees—the majority of whom are cabinet ministers—to flood media outlets with their synchronized defenses for why Ghana should approach the IMF right now.

26 media appearances between July 4, 2022, and July 6, 2022 are listed on the ostensibly incomplete list, "GOG Engagement with IMF," as seen by countryghana.com/.

The schedule includes the days, the appointed government ministers, and the media channels.

Find the List below

Ghanaian economist named new Veep for East and South Africa by World Bank

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Beginning on July 1, 2022, Victoria Kwakwa will serve as the World Bank’s new vice president for Eastern and Southern Africa.

Prior to her appointment, Mrs. Kwakwa served as the vice president for corporate strategic initiatives at the World Bank.

She will oversee an active regional program with more than 30 years of expertise, a financing portfolio of more than 300 projects worth more than $50 billion, and considerable policy research and advising.

Under her direction, the World Bank will keep assisting nations that are struggling economically as a result of the COVID-19 pandemic’s effects, food and energy-fueled inflation, and mounting debt levels.

Victoria Kwakwa, who has previously worked in countries in Africa and East Asia, is hailed as someone who brings growth and expertise to the job.

From April 2016 until September 2021, Mrs. Kwakwa also held the position of Vice President for East Asia Pacific, where she oversaw the Bank’s interactions with 23 different customers on a variety of development-related topics.

She is committed to implementing creative and innovative ideas to help the regions attain a stable and vibrant economy. She has a history of accomplishments.

Hafez Ghanem, who left the World Bank on June 30, 2022, is succeeded by Mrs. Kwakwa.

Despite Ghanaians’ confusion as to why the IMF was there in 2014–2015, you kept Seth Terkper-Gabby to Mahama

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Gabby and mahama

In response to former president John Dramani Mahama’s demands that finance minister Ken Ofori-Atta be fired, prominent NPP member Gabby Otchere-Darko has responded.

According to Gabby, even when requests were made to Mr. Mahama while he was in power to fire his Finance Minister Seth Terkper for visiting the IMF in 2014–15 when there wasn’t a significant crisis, he stood by him.

“Sir, we still clearly recall the NDC’s calls for you to fire Seth Terkper as your finance minister.

You stuck by him, though Ghanaians were perplexed why IMF in 2014/15, with all the new additional revenues from oil, and no global crisis like now,” Gabby tweeted on Saturday July 2.

Dr. Mahamudu Bawumia, Vice President, must be replaced as the leader of the Economic Management Team (EMT), according to Mr. Mahama, because he has failed.

Additionally, he claimed that Mr. Ofori-Atta had overseen the calamitous collapse of the economy and was therefore ineligible to be on the team of negotiators for negotiations with the International Monetary Fund (IMF).

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