Dr. Mahamudu Bawumia, Vice President, introduced the ground-breaking National Rental Assistance Scheme (NRAS) in Accra. The National Rental Assistance System (NRAS), to be run by a private sector property manager under the supervision of the Ministry of Works and Housing and other key stakeholders, is intended to make rental housing …
Read More »Ghanaians to pay 30% and 8.3% on electricity and water from today
Ghanaians will start paying more for water and electricity starting today, February 1, 2023, after the Public Utilities Regulatory Authority (PURC) announced an increase. PURC hiked the price of power by 30% on January 16 and water by 8.3% starting on February 1, 2023. The PURC justified its decision to …
Read More »Mother and her two daughters burnt to death at Abuakwa
A 28-year old mother and her two children have been burned to death at Abuakwa in the Atwiman Nwabiagya South District of the Ashanti. Three family members, Abigail Yeaboah, and her two daughters, Norah Yeboah 9, Philipa Yeboah, 6, were burnt to death on Tuesday dawn when a fire razed …
Read More »Deadline for Domestic Debt Exchange Programme extended to February 7
Government has extended the deadline for the Domestic Debt Exchange Programme (DDEP) to February 7, 2023. The Finance Ministry stated in a news release on Tuesday that the revised Exchange Memorandum will affirm the new settlement date of Tuesday, February 14, 2023. Today, January 31, at 4 p.m., the Program’s …
Read More »Galamsey pit swallows two teenagers at Anwiafutu
Two teens are said to have fallen into a galamsey pit in Anwiafutu near Nyinahin in the Atwiman Mponua District of the Ashanti Region, leaving one person dead and the other missing. Kwabena Anane, a 17-year-old, was found dead, and Ata Derrick, an 18-year-old, is still missing in the pit. …
Read More »Ghana maintains position on Corruption Perception Index (CPI); fails to make progress again
For the third time, Ghana has not improved its score on the Corruption Perception Index (CPI), getting 43 out of 100. Since 2020, it has kept the score. Out of 180 nations in the globe, the nation is now placed 72nd. Transparency International’s study accurately reflected this. The Corruption Perceptions …
Read More »Akufo-Addo promises to complete all capital expenditure projects despite IMF deal brouhaha
The International Monetary Fund (IMF) involvement of the government, according to President Nana Addo Dankwa Akufo-Addo, may delay the timely completion of several major projects. The President stated that some of the government’s infrastructure programs may need to be interrupted in order to comply with an IMF condition. At a …
Read More »Ghana’s debt stock has reached Gh¢ 575 billion
According to recent information made available by the Bank of Ghana, Ghana’s entire public debt stock would reach GH575.7 billion by the end of November 2022. Due to the rising debt amount, Ghana’s debt to Gross Domestic Product (GDP) ratio has increased from 75.9% in September 2022 to 93.5% as …
Read More »Minority reshuffle: NDC is not fragmented at all – Asiedu Nketiah claims
Johnson Asiedu Nketiah, the National Chairman of the National Democratic Congress (NDC), has denied claims that the party is split as a result of the shift in its parliamentary leadership. He claims that the responses being observed as a result of the restructuring are typical and should be anticipated following …
Read More »“There is a price to pay for aloofness” – Mahama to Ghanaian bondholders
John Dramani Mahama, a former president of Ghana, has urged the populace to take an active interest in taking role in the political process. He claims that the present events in the nation are evidence that Ghanaians need to be cautious about the types of persons that assume the country’s …
Read More »