POLITICS

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 …

The government’s economic plans and budget for 2023 have been approved by parliament. However, this approval is for the guiding principles and policies that served as the foundation for the budget that finance minister Ken Ofori-Atta delivered two weeks ago. Minority leader Haruna Iddrisu again urged the government to reverse …

The GHS1 coin now has improved security measures according to the Bank of Ghana. The enhanced GHS1 coin will be put into circulation starting on Monday, December 12, 2022, according to a statement from the central bank. According to the BoG, the coin has a coat of arms on the …

Following the recent drop in fuel prices, the Ghana Private Road Transport Union (GPRTU) has unequivocally indicated that it has no intention of lowering transportation costs. The Ghana Private Road Transport Union (GPRTU), the Ghana Road Transport Cordinating Council (GRTCC), and the Ministry of Transport (MoT) have been urged by …