The Vice President of the republic of Ghana, Dr Mahamadu Bawumia has commissioned the National Children’s Library, and a Mobile Library filled with over 1000 books, with a renewed pledge to continually work to close Ghana’s current learning poverty gap and make her a “learning nation”. The two storey Library, …
Read More »Stop promoting corruption – Mahama to Akufo-Addo
Former President John Dramani Mahama has intervened in the dispute over the release of an audit report on how the government used COVID-19 monies between Attorney General and Minister for Justice Godfred Yeboah Dame and Auditor General Johnson Akuamoah-Asiedu. Mahama said in a tweet on Wednesday that the letter from …
Read More »“Gov’t want to destroy $10billion in order to go and collect $ 3 billion dollars over three years”-Adongo
Isaac Adongo, the deputy ranking member of the finance committee in Parliament of Ghana, has criticized the government for using $3 billion of the IMF’s rescue funds instead of $10 billion from bondholders. As part of crucial steps to obtain board-level approval with the International Monetary Fund (IMF) on a …
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 …
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