POLITICS

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 …

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 …

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 …

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 …

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 …

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 …

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 …

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 …

Government officials have been cautioned that any obligatory debt swap program would be against the law by Attorney General Godfred Yeboah Dame. The debt exchange scheme would effect all domestic bondholders, with the exception of those who hold Treasury bills, according to a statement made yesterday by Finance Minister Ken …

On Tuesday, December 6, 2022, Nana Addo Dankwa Akufo-Addo, President of the Republic, officially opened the Afienya Road Over Bridge, a crucial part of the 97.7-kilometer Tema to Mpakadan railway project. Describing the project as “a brainchild of the first NPP Government of 2001 – 2009, when the highly respected …