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 …
Read More »“Sticks and stones may break my bones but blah blah will not hurt me”- Sophia Akuffo to critics
Former Chief Justice Sophia Akuffo has said “Sticks and stones may break my bones but blah blah will not hurt me. No”. In response to Mr. Gabby Asare Otchere- Darko’s recent criticism of her for joining a picket to oppose the inclusion of pension funds in the ongoing domestic debt …
Read More »Sophia Akuffo, a former CJ, goes back to the Finance Ministry to picket against DDEP
In order to support elderly bondholders in their picketing to seek complete exclusion from the Domestic Debt Exchange Program, the former Chief Justice, Sophia Akuffo, has returned to the Ministry of Finance’s premises. On Friday, the former Chief Justice joined the bondholders for the first time, drawing mixed emotions from …
Read More »Pensioner Bondholders Forum to picket Parliament tomorrow
The Pensioner Bondholders Forum has announced that on February 14, when Mr. Ken Ofori-Atta, the minister of finance, appears before the House’s Business Committee, it will be present to witness proceedings. The Domestic Debt Exchange Program (DDEP), which targets the bond holdings of retirees, was announced by the government after …
Read More »You don’t respect old age – Sophia Akuffo to government
By adding pension funds in the domestic debt exchange program, the government must respect the elderly rather than treat them cruelly, according to Justice Sophia Akuffo, who took part in one of the pickets on Friday, February 10, 2023. The former Chief Justice told reporters when he was among the …
Read More »Defunct Banks and Other Financial Institutions Network hails Sophia Akuffo as ‘Yaa Asantewaa’ of our time
Former Chief Justice Sophia Akuffo was hailed by the Defunct Banks and Other Financial Institutions Network (DEBOFIN) for joining pensioner bondholders last Friday to picket the Ministry of Finance’s offices. DEBOFIN referred to the action as a “motherhood demonstration” in a statement. By raising the issues of a voiceless and …
Read More »“If I were the President, I would have listened to the MPs and sacked Ofori-Atta” – Konadu Apraku
Kofi Konadu Apraku, a candidate for the New Patriotic Party’s flagbearer position, has stated that President Akufo-Addo ought to have shown more consideration for requests for the resignation of Finance Minister Ken Ofori-Atta. Despite demands from members of the majority caucus for his expulsion after leading the nation into an …
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