President Akufo-Addo told the German Minister for Finance, Christian Lindner, that though his government encountered some challenges, she has virtually concluded negotiations on the Domestic Debt Exchange Programme (DDEP). President Akufo-Addo further informed the German Finance Minister that government has already reached a staff level agreement with the International Monetary Fund (IMF), regarding Ghana’s debt restructuring exercise and that what is needed now is the approval of the board.
The paramount chief of Goaso Traditional Area of the Ahafo region, Nana Akwasi Bosompra I, has stressed that it is time for Alan Kyerematen to lead the New Patriotic Party (NPP). According to him, the former Trade and Industry Minister has served the party faithfully and diligently since 1992, proving through his work that he has the qualities to lead the country. Nana Bosompra, who presided over the Goaso Traditional Council when Mr Kyerematen called on Nananom last Friday to announce his bid
The Ghana National Gas Company (GNGC) last Friday, signed an agreement for construction of a second gas processing plant to process natural gas from its upstream partners, specifically Greater Jubilee and TEN fields. The plant, referred to as ‘GPP Train 2’, when completed, is expected to enhance and utilise natural gas in the country. With an estimated cost of US$700m, the project will be constructed with an initial capacity of 150 Million standard cubic feet per day (MMscfd), but would
The Member of Parliament (MP) for Okaikwei South has supported 200 needy senior high and tertiary students in the Constituency. Madam Dakoa Newman extended the support through, her ” MP’s Financial Support to Students” initiative on Thursday, February 2, at the Reverend Thomas Clegg Methodist Church at Kaneshie. The annual support for needy students in the Okaikwei South Constituency is in its second year. In 2022, a total of 150 students benefited from the MP’s gesture. However,
The Ghana Revenue Authority (GRA) has arrested the branch managers of major shopping centres – Koala, Max Mart and Palace Mall –all in Accra. The arrest was affected at Koala, Osu and Cantonments branches, Max Mart, 37 and Cantonments branches and Palace Mall, Labone branch. Max Mart and Koala branches were indicted for non-issuance of electronic Value Added Tax (VAT) invoices while Palace Mall for duplicating the VAT invoice signature. Head of Accra Area Tax Enforcement, Joseph Annan,
Last week, the Nkusukum Traditional Council in the Central Region and the entire traditional area gained prominence in the media for all the wrong reasons. The negative popularity the traditional area enjoyed stemmed from the fact that customary processes were triggered by the Traditional Council to confirm a ceremonial title on an alleged gay activist. It was reported that a celebrated gay rights activist, Mr. Davies Mac Iyalla, was to be installed a ceremonial chief in the area, as the Amankorahen,
The introduction of the Free Senior High School concept in 2017 has led to increased enrolment across the country.The increased enrolment also led to increased demand for furniture, accommodation and other resources to facilitate effective teaching and learning. It is based on this that the Nana Addo Dankwa Akufo-Addo-led government has since 2017 donated thousands of furniture and other resources to schools to promote effective teaching and learning at the pre-tertiary education sector. The Press
The Customs Division of the Ghana Revenue Authority, last week, joined the rest of the world to mark the International Customs Day 2023 with a dedication to nurturing the next generation and promoting a culture of knowledge-sharing and professional pride in Customs. The ceremony was also used to take stock of the Authority’s strides over the past year, and strategize for the future. Speaking on behalf of the Finance Minister, Ken Ofori Atta, his deputy, Dr. John Kumah revealed that Customs revenue
The Kumasi Home Use Dealers Association (KHUDA) has petitioned against the decision by the government to ban the importation of all used electrical appliances. The association has drawn the attention of John Abdulai Jinapor, Member of Parliament (MP) for Yapei/Kusawgu Constituency and Ranking Member of the Parliamentary Sub-Committee on Mines and Energy, to the plight of the members in a petition. In a statement jointly signed by Messrs Evans Ohenese Senyah, Edward Baffour Sencherey and James
This year the World Customs Organisations (WCO) has placed the younger generation at the heart of global customs transformation. As such, the WCO prescribes that customsadministrations around the world be intentional about nurturing the younger generation to take up the mandate of promoting security, international trade and revenue collection. The Customs Division of the Ghana Revenue Authority has demonstrated its desire to align with this objective. Speaking on the Eye on Port program, a Principal
Among the many foundations being laid by the Akufo-Addo Administration, some of the very visible ones include road constructions, and here one cannot leave out the expansion of the road which continues from the Kwame Nkrumah Interchange to Korle Bu. Massive work is going on the Ring Road West to connect Guggisberg Avenue through the almost completed Obetsebi Lamptey interchange. To enhance transportation, this current administration has taken a cue from the Kufuor administration and is seriously
Amid a revenue crunch, the Federal Government has targeted raising N250.09bn from excise duty in 2023 as a viable solution. This was according to the latest 2023 fiscal framework document seen by DAILY POST. In perspective, the Federal Government targeted a combined figure of N98.53bn from excise duty in 2021 and N161.7bn in 2022. It means that the government revenue target from excise duty rose by 153.82 per cent in two years and 54.66 per cent in one year. Reacting to the development, economic
Officers of the Lagos State Police Command have arrested two self-confessed cultists. Public Relations Officer, SP Benjamin Hundeyin announced they were intercepted early Saturday morning. A patrol team from Imota Division flagged down the men riding on a motorcycle for a search. The police image-maker said the partners rode into Lagos from Sagamu, in neighbouring Ogun State. A local semi-automatic pistol, two live ammunition, charms, masquerade regalia and phones were found with them. “Suspects
Rivers State Governor, Nyesom Wike has warned cabals reportedly trying to scuttle the February 25 and March 11 general elections to desist from the plot, saying no to any form of ‘interim government’. “Let nobody try to scuttle this election,” the governor warned on Saturday during a campaign in the Opobo/Nkoro Local Government Area of the state. Wike’s comment comes barely 24 hours after the flag bearer of the All Progressives Congress (APC), Bola Tinubu campaigned in Ekiti and alleged
Vice President Yemi Osinbajo on Friday expressed worry over the difficulty faced by Nigerians in getting the new naira notes. Osinbajo met with some players in the FinTech space to explore possible ways of mitigating the hardship. He urged regulators and the banks to deploy more FinTechs and money agents to the hinterlands to address the worrying situation. “You need cash to pay for transport. For instance, in Abuja how do you take ‘drop or along’ or use a Keke NAPEP without cash, or buy
The Centre for Journalism Innovation and Development, CJID, has advised the Nigerian government to respect and uphold media freedom so that journalists can work freely without molestation before, during and after the 2023 elections. The centre added that government should ensure journalists are not assaulted or intimidated while covering the elections as was the case in the previous elections. Head of Political Affairs at the High Commission of Canada in Nigeria, Andy Web made the call
Budding Afropop artiste and Bullhaus Entertainment signee, Evans Kwasi Boadi Boateng popularly called Vanilla, has revealed his relationship with his current manager Lawrence Asiamah Hanson better known as Bulldog. Vanilla who is the recent artiste to be signed onto the Bullhaus Entertainment label has been working with Bulldog for one and a half years now. Speaking in a one-on-one interview with Ekow Koomson on Ghanaweekend TV, Vanilla, while answering a question in line with how it has been
George Kwabena Adu, aka Kwabena Kwabena, has revealed the youth these days do not understand the meaning of love anymore. KBKB believes that there is more to love than just Money and sex, and for someone to think that way means that the person does not believe that they are productive enough to be able to provide for themselves, so they know they are really in love. The singer also explained why he has been single for a long time. He believes that it is a time to organize oneself and get ready
Actress and TV personality Benedicta Gafah has in a private ceremony tied the knot today, February 4 to her long-time boyfriend. Congratulations are pouring in for the screen beauty after videos of her traditional ceremony surfaced online, which saw the actress adorned in a custom-made beaded kente gown beaming in smile and joy. According to reports, the ceremony is said to be a closed event that saw only immediate family and few friends. However, the identity of the husband of the actress is
British Ghanaian actor Idrissa Akuna Elba visited his motherland, paying a courtesy call to President Akufo Addo. Many diaspora and international stars under the Year of Return and Beyond the Return scheme have visited Ghana including Idris Elba who is set to shoot his film in Ghana. This will be the second time the actor is shooting a film in Ghana since 2015 after he shot Beast of no nation. In his visit to the jubilee house, he assured the president to help push to the forefront the Ghana film
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