POLITICS

According to confirmation from Finance Minister Ken Ofori-Atta, all pensioners who chose not to exchange their old bonds for new ones under the Domestic Debt Exchange Programme (DDEP) have been spared from the program. On February 16, 2023, Ofori-Atta spoke to Parliament about the status of the Domestic Debt Exchange …

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has reconstituted the Hajj Board. The new composition is as follows: HAJJ BOARD 1.Alhaji Ben Abdallah Banda-           Chairman 2.Habib Iddrisu                       –           Member 3.Hajia Safia Mohammed      –           Member 4.Chief Saddique …

The three victims of the notorious shooting incident at Ejura in the Ashanti Region received a total of Gh1,218,897 from the Ghanaian government. Awal Mesbawu, 17, received Gh 678 519, Louis Ayikpa, 22, received Gh 347 953 and Nazif Nuhu, 31, received Gh 192 425 for each of the three …

Former Chief Justice Sophia Akuffo has advised that some ministries ought to be combined and underperforming ministers replaced. Ms. Akuffo, who has recently spoken out against the government’s decision to include pension funds in the ongoing domestic debt exchange program, said having too many ministries is proving to be counterproductive …

According to former president John Mahama, Attorney General Godfred Dame’s recent request in a letter to the Auditor-General to remove the Covid-19 audit report off the Audit Service website “is plainly aimed to quiet him and create a favorable environment for corruption to thrive.” Tweeted by Mr. Mahama: “President Nana …

International rating agency Fitch has further lowered Ghana’s long-term creditworthiness from “C” to “Restricted Default” (RD). Local-currency domestic bond issuance ratings have likewise been lowered to Default (D) from “C.” Fitch also confirmed Ghana’s Long-Term Foreign Currency (FC) IDR at “C” in a statement. Fitch normally does not provide sovereigns …

The inflation rate in Ghana has decreased from 54.1% to 53.6%. This little decline occurs after a 19-month increasing trend. The month of January 2023 is the fall. The Ghana Statistical Service reports that between December 2022 and January 2023, monthly inflation was 1.7%. Moreover, January’s food inflation rate was …

It should be noted that the functional independence of the Auditor-General under Article 187(7)(a) of the Constitution does not grant immunity from legal advice, according to Attorney General Godfred Yeboah Dame. In a statement, Mr. Dame defended his recent request in a letter to the A-G that the Audit Service …

The Vice President of the republic of Ghana, Dr Mahamadu Bawumia has commissioned the National Children’s Library, and a Mobile Library filled with over 1000 books, with a renewed pledge to continually work to close Ghana’s current learning poverty gap and make her a “learning nation”. The two storey Library, …

Former President John Dramani Mahama has intervened in the dispute over the release of an audit report on how the government used COVID-19 monies between Attorney General and Minister for Justice Godfred Yeboah Dame and Auditor General Johnson Akuamoah-Asiedu. Mahama said in a tweet on Wednesday that the letter from …