POLITICS

The Bank of Ghana’s unprecedented GHC 60 billion loss has been attributed by the central bank on the government’s Domestic Debt Exchange Program (DDEP) and COCOBOD loans. The Bank of Ghana’s audited financial statement for the fiscal year 2022 indicated the large loss. The Central Bank reportedly recorded a profit …

The government’s decision to start a new National Affordable Housing Project rather than continuing with the Saglemi Housing project, which was started during the previous John Mahama administration but later stalled due to doubts about its viability, has been justified by President Nana Addo Dankwa Akufo-Addo. President Akufo-Addo explained that …

Judges who remark on ongoing court cases may be subject to contempt charges, according to Chief Justice Gertrude Torkornoo. Speaking at the 7th Annual Legal Ethics Training Programme sponsored by the African Centre on Law and Ethics (ACLE) at GIMPA’s law faculty, Justice Torkornoo argued that since judges’ conduct rules …

Hon. Francis Asenso-Boakye, Minister of Works and Housing, says the government has created a thoughtful master plan for the Pokuase Housing Project. The government does not want this initiative to experience the same setbacks as the other housing projects, according to the sector minister. On Tuesday, August 1, Mr. Asenso-Boakye …

According to Francis Asenso-Boakye, Minister of Works and Housing, President Akufo-Addo is determined to finishing all housing projects started by past administrations. According to Mr. Asenso-Boakye, the government is taking the necessary actions to resurrect the Saglemi Housing Project and other initiatives that ran into serious difficulties. On Tuesday, August …

A delegation from the Ejura Traditional Council met with Ejura people living abroad to talk about methods to build up communities there. The fact that the delegation was led by Oheneba Owusu Bekoe, the Ejura Maawerehene, and that it was the traditional council’s and the diaspora’s second meeting shows how …

The Finance Minister, Hon. Ken Ofori-Atta has said that crude oil is projected to fall from an average of US$96.4 a barrel in 2022 to US$73.1 a barrel in 2023. He said that the price of crude oil declined by 15.7% between August 2022 and February 2023. This was due …

In his 2023 mid-year budget review, Minister of Finance Ken Ofori-Atta stated that the government’s efforts to lessen the effects of COVID-19 and the current economic difficulties had been successful in stabilizing fluctuating exchange rates, taming inflation, and lowering interest rates. In his address, the finance minister credited the accomplishments …

The arrears owing caterers under the Ghana School Feeding program, according to Finance Minister Ken Ofori-Atta, have been paid. The payment, according to the minister, took care of the caterers’ back payments for both the first term of this year and the third term of the academic year 2022. On …

Asantehene Otumfuo Osei Tutu II and Ghana may be proud of Ashanti Ports Services Limited, concessionaires on the eagerly awaited Boankra Inland Port Project, after they visited the project site and pledged to finish the job on schedule. On Friday, July 28, 2023, senior personnel from Ashanti Ports Services Limited …