Back to Latest Briefings
March 2, 2026
AI-Enhanced
SONA crafted to set up President Mahama – Economist
Money
Policy
Growth
Key Points
- Economist Kwasi Nyame-Baafi criticized President Mahama’s State of the Nation Address (SONA) for suggesting Ghana's economic challenges were resolved in one year.
- He argued the speech's wording might have been crafted to set the President up for criticism, not reflecting the full reality of Ghana's economic situation.
- Nyame-Baafi highlighted Ghana's public debt rise from $29.2 billion in 2016 to $53.9 billion in 2022, attributing contributions to both NDC and NPP administrations.
- He questioned why the SONA omitted recent public debt increases (GHS72 billion from May to September last year) and did not specify projects justifying the borrowing.
- The economist also disputed the President's claim of Ghana ranking among Africa's top economies, referencing GDP figures from 2016 to the end of the NPP administration.
Why This Matters
This critique is significant for Ghana as it challenges the official government narrative on the nation's economic health and debt management. It fuels public discourse on transparency, accountability, and the accuracy of presidential addresses, which can influence investor confidence and citizen trust in economic policy. The debate over debt accumulation and economic performance is crucial for future policy decisions and political stability.
Read Full Article
View original sourceRelated Articles
April 9, 2026
Dr. Dre joins Forbes billionaires list as second-richest hip-hop artist with $1 billion fortune
- Dr. Dre has officially been placed on Forbes' 2026 World’s Billionaires list.
- His net worth is estimated at $1 billion, largely built through music, production, and the sale of Beats by Dre.
- He is now one of only six musicians on the list, alongside Jay-Z, Beyoncé, Rihanna, Taylor Swift, and Bruce Springsteen.
- Forbes identifies Jay-Z as the world's wealthiest musician with an estimated net worth of $2.8 billion.
- This recognition solidifies Dr. Dre's status as a self-made American billionaire and a major figure in global music and business.
April 8, 2026
AGI commends government’s move to resolve the power crisis in Volta and Oti Regions
- The Association of Ghana Industries (AGI) has commended the government's efforts to resolve the power crisis in the Volta and Oti Regions.
- Plans are underway to rehabilitate transmission lines with higher voltage cables and other machinery to improve power supply.
- This project aims to increase power capacity from GRIDCO to ECG, benefiting clients across the two regions.
- Current power cuts and fluctuations have severely hindered industrial production, particularly impacting small and medium-skilled enterprises.
- AGI hopes the project will be completed within the stipulated one year to ensure stable power for sustained industrial production.
April 7, 2026
Legendary manager Lucescu dies days after resigning
- Legendary Romanian football manager Mircea Lucescu has died at the age of 80.
- He passed away five days after stepping down as Romania's head coach due to illness.
- Lucescu had an extensive managerial career, leading clubs like Inter Milan, Galatasaray, Shakhtar Donetsk, and the Turkish national team.
- The Romanian Football Federation and various clubs paid tribute to him as a brilliant tactician, mentor, and national symbol.
- He also captained Romania at the 1970 World Cup as a player.