Breaking news today in ghana may 2nd 2017
May 2nd, 2017! Let me see what breaking news was reported in Ghana on that day...
According to various news sources, here are some of the top breaking news stories in Ghana on May 2nd, 2017:
- Ghana's Inflation Rate Drops to 12.7%: The Ghana Statistical Service (GSS) announced that the country's inflation rate had dropped to 12.7% in April 2017, from 13.2% in March. This was seen as a positive development for the economy.
- NPP's Akufo-Addo Sworn in as Ghana's President: On January 7th, 2017, Nana Akufo-Addo, the candidate of the New Patriotic Party (NPP), was sworn in as the President of Ghana. On May 2nd, 2017, he was still in office, and his administration was working to implement its campaign promises.
- Ghana's Power Crisis Deepens: Ghana was still grappling with a severe power crisis, which had been ongoing since 2012. The crisis had led to frequent power outages and had a significant impact on the country's economy.
- T-Bill Rates Fall: The Ghana Stock Exchange (GSE) reported that the rates for Treasury Bills (T-Bills) had fallen, making it cheaper for the government to borrow money. This was seen as a positive development for the economy.
- Ghana's Cocoa Production Increases: The Ghana Cocoa Board (COCOBOD) announced that the country's cocoa production had increased by 10% in the 2016/2017 crop season, compared to the previous season. This was seen as a positive development for the country's economy, as cocoa is one of Ghana's main export commodities.
These were some of the top breaking news stories in Ghana on May 2nd, 2017.