The relationship between Vice President Dr. Mahamudu Bawumia and Minister of Energy Dr. Matthew Opoku Prempeh will aid the New Patriotic Party (NPP) in winning the 2024 elections, according to Dr. Mustapha Abdul Hamid, CEO of the National Petroleum Authority (NPA). He thinks that the Minister of Energy would make …
Read More »Minority raises red flags over gov’t tax exemptions for 45 companies
Regarding the forty-five enterprises that the government wants to exempt from paying taxes under the one district, one plant concept, the Minority in Parliament has voiced concerns. The government is requesting parliamentary approval for tax exemptions for the aforementioned 45 companies because they have been submitted to Parliament as key …
Read More »High amount of manganese in fuel is not the result of the gold-for-oil scheme – BOST
According to the Bulk Oil Storage and Transportation Company Limited, any reported high amount of manganese in fuel is not the result of the gold-for-oil scheme. BOST released a statement on Monday, November 27, 2023, stating: “We wish to state unequivocally that, we have not imported any product under the …
Read More »24-hour economy will be a deliberate policy intervention to encourage and support certain businesses – NDC
According to the National Democratic Congress (NDC), 13 industries will be the main focus of the 24-hour economy concept. According to the party, the idea is a part of the next Mahama administration’s grand plan to advance Ghana’s economic standing internationally. The 24-hour economy will therefore primarily, but not exclusively, …
Read More »Gov’t is working hard to return the economy to a high rate of growth – Akufo-Addo assures Ghanaians
Ghana’s economy is clearly improving, according to President Nana Addo Dankwa Akufo-Addo. According to him, the administration is reversing its course toward progress and expansion. Speaking on Sunday at the Valedictory Service for the departing Moderator of the Presbyterian Church of Ghana, Rt. Rev. Prof. Obiri Yeboah Mante, Mr. Akufo-Addo …
Read More »Ghana’s gross reserves increase to 1.1 month worth of import cover
Excluding Encumbered Assets and Petroleum Fund, Ghana’s Gross International Reserves (GIR) increased little to $2.46 billion in October 2023, or about 1.1 months’ worth of import cover. From September 2023 (1.0 month of import cover) of $2.267 billion and August 2023 (1.0 month of import cover) of $2.016 billion, there …
Read More »We expect IMF board meeting to take place before the end of the year for the second tranche of cash – BoG
Ghana anticipates the board of the International Monetary Fund (IMF) to meet before the end of the year to discuss the release of the second tranche of the $3 billion in cash, according to Dr. Ernest Addison, the governor of the Bank of Ghana (BoG). This comes after the $600 …
Read More »President Akufo-Addo cautions NDC supporters for brandishing machete ahead of 2024 elections
A group of opposition members with machetes was caught on camera brandishing lethal weapons during a recent clean-up exercise at former President John Mahama’s Accra home on Thursday, November 23, 2023. President Nana Akufo-Addo has declared that his government will stop anyone or any group that engages in such behavior. …
Read More »Group urges Kennedy Agyapong to go independent in 2024 presidential elections
A couple of Ashanti Region members of the New Patriotic Party have urged Kennedy Agyapong, the Assin Central Member of Parliament, to turn down a proposal to be the party’s flagbearer for the 2024 elections, Dr. Mahamudu Bawumia’s running mate. Members of the volunteer groups that backed Kennedy Ohene Agyapong …
Read More »Postpone your death till further notice from gov’t – Mortuary Workers cautions Ghanaians
The public has been forewarned by the leadership of the Mortuary Workers Association of Ghana (MOWAG) not to pass away until the government pays its members’ unpaid debts. If the government doesn’t pay its financial responsibilities to MOWAG, then deceased people might not receive the required preservation, according to the …
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