Mr Abebe Aemro Selassie, Director, African Department, International Monetary Fund (IMF), says Ghana will receive its next funding support from the IMF even if it is unable to sign a final debt pact with its official bilateral creditors. This means that the country would receive its third tranche of US$360 million when the IMF Board […]
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidising petroleum
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidies are key to
The Member of Parliament for Asuogyaman and the District Chief Executive for North Tongu, along with the owner of the Hyundai Gold 5-tonne vehicle involved in the rail accident, have collectively debunked claims of political sabotage as the cause of the train crash on the Tema-Mpakadan road. The incident took place on Thursday, April 18, […] The post MP, DCE debunk political sabotage
The University of Energy and Natural Resources (UENR) has extended its gratitude to the Inspector General of Police, Dr. George Akuffo Dampare, for his personal intervention in addressing the recent robbery incident targeting students and lecturers on the Odumase-Badu road near Sunyani in the Bono Region. The incident, which occurred on Tuesday, 16th April 2024, […] The post Your
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […] The post Fuel price hikes: Strengthening
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […] The post Ghana
Abel Dzidotor, a 41-year-old truck driver who abandoned his vehicle on the Tema-Mpakadan rail lines, has been sentenced to six months in jail by the Juapong Circuit Court. This was after he pleaded guilty to three out of four charges namely – careless and inconsiderate driving, unauthorized stopping, and causing harm. He was convicted on […] The post Driver who caused accident
A United States-based Economist, Dr. Sa-ad Iddrisu, is questioning the developmental projects listed in NPP’s recently launched performance tracker. In a press release issued on Thursday, April 18, Dr. Iddrisu “Despite borrowing over GHc600 billion in the last eight (8) years, the NPP government seems to only boast about the number of completed toilet projects […] The post NPP
The Chairman of the Federation of Kumasi Traders Association, Nana Prempeh, has threatened to sue the Ghana National Fire Service (GNFS) and the management of the Kejetia Market in Kumasi. According to him, the market has been operating without a fire certificate and insurance cover, which is a violation of the GNFS’s Legal Instrument (LI) […] The post Federation
Yesterday, we raised serious concerns over the conduct exhibited by the Ashanti Regional Minister, Simon Osei Mensah. The minister, according to starrfm.com.gh, had caused the arrest and detention of the Ashanti regional manager of the Electricity Company of Ghana (ECG). The crime of the manager was that he disconnected power to Kumasi Technical University (KsTU) […] The post Editorial:
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
The Ghana Police Service has arrested the driver of a Hyundai truck with registration number GS 9018 – 20 for allegedly causing an accident involving a Diesel Multiple Unit (DMU) train on the Tema-Mpakadan railway line today Thursday 18th April 2024. Police preliminary investigation has established that the suspect driver left the said vehicle unattended […]
By: Franklin ASARE-DONKOH The driver of a Hyundai truck with registration number GS 9018 – 20 One Abel Dzidotor, whose negligence led to the collision between the new DMU train and his truck has been sentenced to six months imprisonment. The truck driver admitted guilt to three out of the four charges levelled against him. […]
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […] The post I dare Bawumia
Ghana has made “significant progress” in debt-restructuring negotiations and the latest snag that sent its eurobonds tumbling on Monday will be ironed out in further talks with bondholders, Finance Minister, Mohammed Amin Adam said. Negotiations that started mid-March resulted in an interim deal last week, with international investors holding about 40 per cent of Ghana’s … The post We
It will be recalled that in September and October, 2023, the Volta River Authority (VRA) undertook what it termed as a controlled spill of the Akosombo and Kpong dams due to a consistent rise in the inflow pattern and water levels in them to ensure their safety. The spillage affected eight districts in the Greater … The post Compensation for Akosombo, Kpong dam spill imperative
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
Founder of the National Interest Movement (NIM), Dr Michael Abu Sakara Foster, said that the recent poll conducted by Global InfoAnalytics shows that the dynamics are changing in this year’s general elections. The poll stated that “the ruling party’s candidate, Dr Mahamudu Bawumia (DMB) trailing the main opposition candidate, John Dramani Mahama (JDM) in the […] The post Something
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