Given that Ghana is experiencing an economic crisis, OccupyGhana has advised the government to halt all public spending on the projected National Cathedral. The organization stated in a statement that “any justifications there may have been to warrant investing now non-existent money on the projected National Cathedral, have been destroyed …
Read More »“If you want good roads prepare to pay expensive road tolls” – Amoako-Attah
According to Minister of Roads and Highways Kwasi Amoako-Attah, Ghanaians have the lowest tolls in the world yet still need quality roads. In a recent interview with the media, the Atiwa West MP compared the situation overseas to that in Ghana and stated that the nice roads in foreign countries …
Read More »President Akufo-Addo commissions Container Terminals, Dry Dock at Takoradi Harbour
On December 8, 2022, Nana Addo Dankwa Akufo-Addo, President of the Republic, officially opened the Atlantic Terminal Services Multipurpose Container Terminal, a brand-new, Dry Bulk Terminal, and the Prime Meridian Dock Company’s Floating Dry-dock at Takoradi Harbour in the Western region. In addition, the President cut the first sod on …
Read More »Don’t touch our pension fund – GNAT to gov’t
The Ghana National Association of Teachers (GNAT) has entered the ongoing discussion about the upcoming Debt Exchange Program that the government plans to implement. The teachers claim that they are interested participants in the domestic bond market, which is supported by the Teachers Fund and its subsidiaries as well as …
Read More »“Expedite action on land digitalisation process” – President Akufo-Addo
The Lands Commission has been ordered by Nana Addo Dankwa Akufo-Addo, the President of the Republic, to move quickly on the digitization of the land purchase process. On December 7, 2022, President Akufo-Addo said during his speech to the first National Land Conference, which was hosted by the Ministry of …
Read More »VP Bawumia, Paul Kagame, William Ruto, Mackey Sali named among 100 Most Influential Africans
Dr. Mahamudu Bawumia, the vice president, has been listed as one of the top 100 Africans with the most influence. The New African Magazine, a renowned pan-African publication, compiled the exclusive list of transformational African leaders in an effort to recognize, honor, and celebrate a select group of such leaders …
Read More »S&P Global downgrades Ghana from CCC+ to CC
S&P Global stated in a statement on Tuesday that default is now a “virtual certainty” and downgraded Ghana’s long-term local currency bonds to “selective default” in addition to lowering the country’s foreign currency debt to “CC” from “CCC+.” The downgrading of the foreign currency bonds comes in response to the …
Read More »Go to court over Ofori-Atta’s Debt Exchange Program brouhaha – Minority
Isaac Adongo, the Member of Parliament (MP) for Bolgatanga Central, has urged aggrieved bondholders in the government’s Debt Exchange Program to go to court to safeguard their interests. The impacted bondholders may go ahead and submit a legal challenge to resolve the issue in court, according to the Bolga Central …
Read More »We will continue to reject tax measures and other budgetary proposals for 2023 – Minority
The minority in parliament claims it has not changed its mind about rejecting various revenue mobilization initiatives included in the 2023 Budget Statement and Economic Policy. Cassiel Ato Forson, the ranking member of finance, stated in a briefing to journalists on Wednesday in parliament that “yesterday’s approval of the Budget …
Read More »Mahama asks 500,000 Ghanaians for GHS10 each to help NDC Congress
In order to support the approaching 10th National Delegates Congress of the National Democratic Congress (NDC), former president John Dramani Mahama is raising money. On December 17, 2022, the NDC will have its 10th National Delegates Congress, during which it will elect a new group of National Executives. Approximately 9,000 …
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