The President Nana Addo Dankwa Akufo-Addo’s most current list of nominations for minister and deputy minister is being reviewed by Parliament’s Appointments Committee. K.T. Hammond, a member of parliament (MP) for Adansi Asokwa, has been proposed as the minister-designate for Trade and Industry, and Stephen Amoah (Sticka), a member of …
Read More »Individual bondholders to picket Black Star Square today over DDEP
Until their demand for exemption from the government’s Domestic Debt Exchange Programme (DDEP) is granted, the Individual Bondholders Forum has threatened to picket the Black Star Plaza on Monday, February 20. Although the scheme was formally terminated on February 10, one of the leaders of the individual bondholders asserts that …
Read More »Ofori-Atta: The pensioners’ picketing outside the Finance Ministry has caused me great distress
The picketing of pensioners at the offices of the finance ministry, according to finance minister Ken ofori-Atta, has caused him significant grief. To demand complete exclusion of their investments from the debt exchange, members of the elderly bondholders’ group have been picketing outside the Ministry of Finance. He stated that …
Read More »Statistical Service reports that 80% of public sector employees make less than GHC3,000 per month
More than 80% of public sector employees, according to the Ghana Statistical Service, make less than 3,000 Ghana cedis each month. The top 10% earners in the public sector make up 22% of all wages received by the government, despite the fact that the sector’s highest income is 33,000ghc. The …
Read More »We are yet to receive DDEP exemption letter from Finance Minister – Pensioner Bondholders
The Pensioners Bondholders Forum has received a letter from the Finance Minister, Ken Ofori-Atta, informing them that they are excluded from the Domestic Debt Exchange Program (DDEP). This comes after a week of loud protests outside the Ministry’s forecourt over what some older residents fear would ruin their finances. According …
Read More »Former IGP Peter Tenganabang Nanfuri is dead
Peter Tenganabang Nanfuri, a former Inspector General of Police (IGP), has passed away. On Friday morning, he died away following a brief illness. Peter Nanfuri, who is now deceased, was IGP from October 1, 1996, to January 21, 2001. In his stead, Ernest Owusu-Opoku took over. He served as IGP …
Read More »We are happy this is finally over and there will be no picketing – Pensioner Bondholders Forum
In response to the news of the exemption from the government’s domestic debt exchange program, members of the Pensioner Bondholders Forum have expressed happiness. “I’m happy this is finally over and there will be nobody at the Ministry from tomorrow,” After the Minister’s announcement in parliament on Thursday, Dr. Adu …
Read More »Summon BoG governor to Parliament over DDEP – Adongo to the Speaker
The Speaker of Parliament has been urged to call the Governor of the Bank of Ghana immediately to brief the House on the different activities of the central bank, according to the deputy ranking member of the parliament’s finance committee. The Ranking Member claims that the invitation will be focused …
Read More »Let us vote a resolution obliging Finance Minister to exempt pensioners from DDEP – John Jinapor
The House of Legislators has been urged by John Jinapor, the Member of Parliament (MP) for Yapei Kusawgu in the Savannah Region, to vote a resolution compelling Finance Minister Ken Ofori-Atta to exclude pensioners from the government’s Domestic Debt Exchange Program (DDEP). Mr. Jinapor also urged the passage of a …
Read More »Ofori-Atta continues to blame Ghana’s economic problem on Covid-19 and the Russia-Ukraine war
Ken Ofori-Atta, the finance minister, has repeated what he sees as the root of the current economic problem. The Covid-19 pandemic in 2020 and the conflict between Russia and Ukraine were highlighted by the minister as the country’s problems. On Thursday, Mr. Ofori-Atta was before the House of Representatives to …
Read More »