The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
The Minister of Finance, Dr. Mohammed Amin Adam, has highlighted the inadequacy of the country’s generated revenue to meet its infrastructural demands. He underscored the necessity for the government to resort to borrowing from the international capital market to supplement its efforts in addressing the country’s infrastructure needs. Expressing concern about the revenue raised from […] The post We
The Minister of Finance Dr Mohammed Amin Adam has explained that Artificial intelligence (AI) is forecast to contribute up to US$15.7 trillion to the global economy by 2030, of which US$1.2 trillion could be generated in Africa, thereby making AI one of the biggest economic opportunities available to our Continent. He said that Ghanaian authorities intend […] The post AI:
The National Democratic Congress’ (NDC) parliamentary candidate for Damongo, Adam Mutawakilu, has attributed Ghana’s power challenges to a lack of generational capacity and liquidity lapses. The government is burdened with an over GH¢2.3 billion debt owed to Independent Power Producers in Ghana (IPPs), with regular power cuts that have had Ghanaians agitated. Speaking on The […] The post Dumsor:
Finance Minister Dr. Mohammed Amin Adam has expressed confidence in fostering a closer partnership with the International Monetary Fund (IMF) to bolster Ghana’s economic resilience and expedite sustainable and inclusive growth. According to Amin Adam, this collaboration with the IMF will pave the way for a more prosperous future for all Ghanaians. Dr. Adam’s remarks […] The post Collaborative
Gokals Ani Ltd has partnered with Zeiss Vision to introduce cutting-edge lenses to Ghana. This partnership marks a significant milestone in the optics industry in the region, heralding a new era of unparalleled vision solutions. Gokals Ani was registered in 2020 and is the first lab in Ghana to commence Digital Freeform Lens production in […] The post Gokals
The Attorney General (A-G) Office has filed ‘nolle prosequi’ to discontinue the prosecution of Sylvester Anemana, a former Chief Director of the Ministry of Health. The application was brought before the Accra High Court, presided over by Justice Afia Serwaa Asare-Botwe. Justice Afia Serwaa Asare-Botwe is a Court of Appeal judge with an additional responsibility […] The post AG
Finance Minister Mohammed Amin Adam has urged the Office of the District Assemblies Common Fund (DACF) to promptly transfer the allocated GH¢181,837,022.00 to the beneficiaries of the DACF-Responsiveness Factor Grant (RFG) for the District Performance Assessment Tool (DPAT) VI. He expressed concern that the ongoing delays in transferring the funds to the Metropolitan Municipal District […] The post Transfer
The Minister of Finance, Dr. Mohammed Amin Adam, has expressed deep sorrow over the sudden passing of the late Deputy Finance Minister and MP for Ejisu, Dr. John Ampontuah Kumah. At the age of 45, Dr. Kumah reportedly succumbed to a brief illness on Thursday, March 7, according to sources close to the family. In […] The post Your death has left a profound
By Prof. Samuel Lartey In the annals of human progress, each epoch witnesses the emergence of tools and technologies that redefine societal structures, from transportation and agriculture to administration and education. Today, Artificial Intelligence (AI) stands at the forefront of this evolutionary march, particularly in the domains of education, research, and development. While some view […] The post
Barbara Okai-Tettey, Senior Compliance Manager at Stanbic Bank Ghana has emphasized the need for collaboration between the financial service industry and regulators to enhance the evolving use of AI in transaction monitoring. She made this statement at ‘The Fintech & Banking Event’ hosted by fintech software company, ThetaRay, at the Kempinski Hotel Gold Coast City, […] The post
The Association of Ghana Industries is in support of efforts by the Tree Crop Development Authority and others to crack down on smuggled vegetable oil in the Ghanaian market. The Tree Crop Development Authority, the Oil Palm Development Association of Ghana, the Customs Division of the Ghana Revenue Authority, and National Security on Tuesday closed […] The post Action
By Buertey Francis BORYOR The Minister for Finance, Dr. Mohammed Amin Adam has reiterated the government’s commitment to the Eastern Region, particularly its first share of infrastructural development. “In this year’s budget we allocated about GH¢4 billion to the Ministry of Roads in order for us to be able to make payments to contractors so […] The post Gov’t
Reverend Father Ernest Obeng of Saint Paul’s Anglican Parish of Akuapem–Mampong, in the Akuapem North municipality of Estern region has attributed low esteem, lack of confidence and lack of sense of responsibility among many children in Ghana to violence. According to the Akuapem-Mampong Parish Priest, who doubles as the Chief Executive Officer (CEO) for Addo […] The post ‘Violence is a
The Asantene, Otumfuo Osei Tutu II, has urged the new Finance Minister, Mohammed Amin Adam, to address the current economic challenges facing the country. Expressing optimism in the Finance Minister’s ability to lead an economic turnaround, Otumfuo encouraged him to implement key strategies and measures for success. The Asantehene advised the Minister to build upon […] The post Tackle
Mr Michael Kwame Boadi, Fundraising Manager at Ghana Integrity Initiative (GII) has expressed fear that the integrity of the 2024 elections could be compromised if the monetisation of political campaign in the country is not checked. To him, monetisation of political campaigns in the country could deny the citizens free and fair elections. According to […] The post Monetisation
Mohammed Amin Adam, the newly appointed Finance Minister, has urged the Ghana Revenue Authority (GRA) to work hard to achieve its financial targets for the fiscal year 2024. He stressed that the GRA should adhere to a sophisticated roadmap that balances a user-friendly approach with the uncompromised execution of its mandate. During a visit to […] The post Let’s
Sampson Ahi, a Member of Parliament (MP) for Bodi in the Western North Region and a member of the National Democratic Congress (NDC), has continued with his scathing attack on President Nana Addo Dankwa Akufo-Addo for not including any representatives from his region in the recent ministerial appointments. Mr. Ahi argued that this omission is […] The post Ignoring
The Member of Parliament for Bodi, Sampson Ahi, has disclosed that President Akufo-Addo will be petitioned regarding his failure to appoint a minister from the Western North Region during his ministerial reshuffle. The legislator has, since the announcement of the reshuffle on Wednesday, February 14, bemoaned what he says is a violation of the constitutional […] The post New
Former Finance Minister Seth Terkper has expressed scepticism about President Nana Addo Dankwa Akufo-Addo’s decision to replace Ken Ofori-Atta with Dr. Mohammed Amin Adam as Finance Minister. According to Mr. Terkper, the change comes at a critical time when the country is under an IMF programme, suggesting that it might be too late for Dr. […] The post Amin
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