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
The Management of the Ghana Water Company Ltd (GWCL) says the GH¢1.2 billion debt owed by customers is having a negative impact on the operations of the company. “ As a utility company mandated by law to ensure access to clean water, the company is committed to providing reliable services, however, the GWCL is persistently … The post Customers’ GH¢1.2 billion
The OmniBSIC Bank, thought to be the fastest growing bank in the country, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 per cent to GH¢150.6 million in … The post OmniBSIC Bank posts historic GH¢150m
Dr. Rashid Pelpuo, Member of Parliament for the Wa constituency and a key figure in the National Democratic Congress (NDC), engaged some members of the NDC Norway branch in Oslo to discuss critical national issues concerning Ghana’s economy and national politics. The meeting, held on the sidelines of the United Nations conference on Parliamentarians, focused […] The post NDC
The Minister of Works and Housing, Kojo Oppong-Nkrumah, last Friday, April 12, 2024 convened a meeting with the Project Contractors of the Greater Accra Resilient and Integrated Development (GARID) Project. The main agenda was to assess the project’s current status and address issues hindering its progress. In his opening remarks, Mr Oppong-Nkrumah expressed gratitude to […] The post GARID
The Government is seeking to plug the revenue gap created as a result of the abandoned VAT on electricity with a tax on the foreign incomes of resident Ghanaians. At the beginning of the year, the government introduced a value-added tax on electricity, however, it was forced to abandon the initiative following a public backlash. […] The post Govt
Two men were reported dead and three injured when some Kplejoo groups clashed with the Navy at Tema Newtown during the final procession of the Kplejoo festival. The Ghana News Agency (GNA) reports that as part of the festival, the groups on the evening of last Friday, went on their usual annual procession throughout the … The post 2 dead, 3 injured in Navy, Kplejoo appeared first on Ghanaian
The Ghana Revenue Authority (GRA) has handed over 14 out of the 182 containers of locked-up pharmaceutical products needed in the fight against HIV/AIDS, malaria and tuberculosis to the Ministry of Health. The essential medical commodities, including antiretroviral drugs for HIV patients, were stuck at the Tema port for almost a year due to the … The post GRA
Ghana is expected to receive about US$360 million from the International Monetary Fund (IMF) following a staff-level agreement reached between the government and staff of the Fund. However, this agreement, which is on the second review of the country’s economic programme under the US$3 billion Extended Credit Facility arrangement, is subject to IMF’s management approval … The post IMF
The Minister of National Security, Mr Albert Kan- Dapaah, has advocated homegrown initiatives in curbing security threats in West Africa. Mr Kan-Dapaah stressed that developments in West Africa were “emblematic of the chaos and crisis” that had characterised the world in the past decade; the magnitude of which remains unprecedented since the end of the … The post Support
The President, Nana Addo Dankwa Akufo-Addo, over the weekend launched an endowment fund for the Anglican University College of Technology (ANGUTECH) with a call on adherents of the Anglican faith and public-spirited individuals to contribute to the fund. The fund, which seeks to raise a minimum of $2 million, is to support the recapitalisation of … The post President
The Second Vice Chairman for the Ejisu Constituency of the New Patriotic Party (NPP), Mr Kwabena Boateng, emerged victorious as the Party’s Parliamentary Candidate ahead of the upcoming general election. He polled 394 votes in the Saturday’s primary, outperforming his closest competitor, Helena Mensah, who garnered 302 votes, with Yaa Akyemaa Aboagye trailing with 229 … The post Kwabena
The flyover on the Motorway Interchange at Flowerpot will be opened to traffic by the end of October this year. When opened, it would improve traffic connectivity between the north and south of the Motorway. It would ease movement from areas, including Cantonments and Burma Camp to East Legon, Spintex and Tema and improve the […] The post Flowerpot flyover to be opened to
More than 13,000 infrastructural projects have been successfully executed and validated by the government between January 2017 and June 2023, Minister of Works and Housing, Kojo Oppong Nkrumah, has revealed. Mr Oppong Nkrumah launching the tracker Photo: Victor A. Buxton These projects, he said, included a total of 11,974.96 kilometres of roads, 1,446 telephony sites, … The post Performance
The Kwadaso Circuit Court has remanded in prison custody a self- acclaimed fetish priest for allegedly publishing false information about the VIP Jeoun Transport Company. Emmanuel Frimpong, 24, also known as “Beyefuo,” was said to have published the information viatiktokto allege that drivers of VIP were engaged in ritual expeditions. His plea to a charge … The post Fetish priest
Citi Breakfast Show, Friday, 12th April, 2024 The post Citi Breakfast Show, Friday, 12th April, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
Citi Breakfast Show, Thursday, 11th April, 2024 The post Citi Breakfast Show, Thursday, 11th April, 2024 appeared first on Citinewsroom - Comprehensive News in Ghana.
The Association of Progressive Muslims has expressed joy at the public disclaimer of the practice of LGBTQ+ by Vice President Mahamudu Bawumia. In a press release dated April 11, 2024, the Association described the development as “good news.” “Good news for mother Ghana and we’re so glad Alhaji Bawumia has listened to our call finally. […] The post ‘We’re
Parliamentary Candidate for Tano North Constituency and Spokesperson for the Vice President Dr. Gideon Boako has revealed ambitious initiatives aimed at positioning the area as the central hub for the middle class within the broader Ahafo Region, with the goal of enhancing its prominence. He underscored the importance of empowering students, local entrepreneurs and artisans, […] The post I
The Director of Communications for Bawumia’s Campaign, Dennis Miracles Aboagye, has strongly criticized former President John Dramani Mahama for his recent remarks on the educational sector. Mr. Aboagye emphasized the achievements of the governing New Patriotic Party (NPP) in recent years, stating that their accomplishments are unparalleled compared to previous administrations. Addressing the media on […] The post Mahama
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS