Elizabeth Arthur, a 58-year-old lady who was detained by the police in Koforidua, in the Eastern Region, for making pepper sauce, shito, using decaying vegetables, has been sentenced to one month in jail. Elizabeth received a GHC4,800 fine in addition to the one-month term, per a news report by UTV. …
Read More »Ofori-Atta addresses pensioners: “Your ongoing picketing over DDEP is unreasonable”
Pensioner bondholders’ ongoing picketing for an exemption from the Domestic Debt Exchange Program has been deemed inappropriate by Finance Minister Ken Ofori-Atta. The government will uphold its duties to bondholders, even retirees who freely chose not to participate in the scheme, he claims, adding that the voluntary exercise has come …
Read More »Government delays the date for new bond settlement in a debt exchange
After obtaining a participation rate of roughly 85%, the government decided to postpone the settlement deadline for bonds under the domestic debt exchange scheme by another week. The previous deadline for settlement, which was February 14, has now been moved up to February 21 of 2023. The government claims that …
Read More »Suame NDC Youth Organizer granted bail
The National Democratic Congress (NDC) youth organizer in the Ashanti region’s Suame Constituency has been granted bail by the Asokwa Circuit Court. Razak Koampa Avoliya was accused of inappropriate behavior, but he entered a not guilty plea. Evans Amankwa led a group of five attorneys who prayed for their client’s …
Read More »IMF appoints Resident Adviser to Bank of Ghana
To monitor the country’s financial sector supervision, the International Monetary Fund (IMF) has assigned a Resident Advisor to the Bank of Ghana (BoG). This month, the fund recruited Irish-Kenyan Leonard Chumo to the central bank to offer technical support and aid in the expansion of the regulator’s capabilities for its …
Read More »Government reaches over 80% target on Domestic Debt Exchange Program
The government reportedly exceeded the required 80% objective for the Domestic Debt Exchange Program (DDEP). Before Ghana to get an estimated $3 billion economic rescue from the International Monetary Fund (IMF), the program is one of the prerequisites. The aim was achieved on Friday, February 10, 2023, according to some …
Read More »Don’t hire nonentities as polling agents since elections require brainwork – Afari-Gyan to political parties
Dr. Kwadwo Afari-Gyan, a former commissioner of the Ghana Electoral Commission, has counseled political parties to guarantee the hiring of people with experience in electoral procedures as polling agents. He maintains that political parties should rely on qualified individuals rather than those who might incite violence as polling agents. “Fortunately, …
Read More »Fuel prices expected to drop in February second pricing window – IES
The second pricing window in February is expected to see a slight decrease in gasoline costs, according to the Institute for Energy Security (IES). In the second week of the pricing window, IES predicts that the price of gasoline would decrease by around 4.26%, from Ghana cedi 15.90 to roughly …
Read More »Police arrest 18 people for disturbances on the University of Ghana campus
18 persons were detained by the police today, February 14, 2023, for causing disturbances on the University of Ghana campus. The 200 individuals thought to be former students from the university’s Commonwealth Hall were present with the 18 accused. The incident was managed by the police, and order has now …
Read More »“Sticks and stones may break my bones but blah blah will not hurt me”- Sophia Akuffo to critics
Former Chief Justice Sophia Akuffo has said “Sticks and stones may break my bones but blah blah will not hurt me. No”. In response to Mr. Gabby Asare Otchere- Darko’s recent criticism of her for joining a picket to oppose the inclusion of pension funds in the ongoing domestic debt …
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