In a move to support the ongoing renovation of the Komfo Anokye Teaching Hospital (KATH), the Vice President Dr. Mahamudu Bawumia has stepped in to facilitate the clearance of critical construction materials from the Tema Harbour. The consignment, comprising imported tiles essential for the project, had been held up at the port accruing demurrage and […] The post Bawumia
By Joshua Worlasi AMLANU In a comprehensive update on Ghana’s debt restructuring programme, Finance Minister Dr. Mohammed Amin Adam has highlighted the government’s ongoing efforts to restore fiscal sustainability and foster economic recovery. Speaking at a press briefing, the Minister emphasised the significance of upcoming discussions with bondholder representatives to advance restructuring engagements. “In the […] The post
The Minister of Finance Dr Mohammed Amin Adam has said that a Preliminary assessment undertaken by the Ministry and the central bank shows that they are on course to meet most of the targets under the Programme with the International Monetary Fund (IMF). He said that the Finance Ministry is working with the Bank of […] The post 2nd review: We’re on course
Finance Minister Dr Mohammed Amin Adam has said that the government recognizes that significant steps must be taken to improve the business environment in Ghana. He noted that Ghana is still one of the best destinations on the continent for the private sector to thrive. Dr Amin Adam said this while inaugurating the Ghana Mutaul […] The post Ghana is still one
Nana Amoasi VII, the Executive Director of the Institute for Energy Security (IES), has stated that Energy Minister Dr. Matthew Opoku Prempeh’s response to individuals advocating for the issuance of a load-shedding timetable by the Electricity Company of Ghana (ECG) to publish their own proposed schedules is a reflection of government’s overall view on Ghana’s power […] The post ‘Dumsor’
The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […] The post $3bn
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
Otumfuo Osei Tutu II THE MANHYIA Palace in Kumasi has asked for active media support to ensure the successful celebration of the Asantehene, Otumfuo Osei Tutu II’s Silver Jubilee Read More... The post Manhyia Invites Media For Otumfuo’s Anniversary appeared
King Charles III is “so proud of Catherine for her courage” in speaking about her treatment for cancer, Buckingham Palace has said. The King, who has been diagnosed with cancer himself, is in the “closest contact with his beloved daughter-in-law”, a short statement read. Support has poured in for the Princess of Wales, who described […] The post King hails
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:
Asantehene Otumfuo Osei Tutu II has expressed optimism about the potential mutual benefits between Ghana and Mytilineos S.A., a strategic partner chosen by the Ghana Integrated Aluminium Development Corporation (GIADEC) to develop portions of the Nyinahin bauxite and construct a refinery. During a courtesy call by GIADEC to the Manhyia Palace to formally introduce Mytilineos […] The post Asantehene
The Ghana Integrated Aluminium Development Corporation (GIADEC) has introduced Mytilineos SA, a Greek company as its external partners for the development of bauxite in Ghana. The choice of Mytilineos SA has thus set the stage for the establishment of a refinery to process bauxite locally after the successful conduct of a Mineral Resource Estimate (MRE) […] The post GIADEC introduces Mytilineos SA to
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
The Vice President, Dr. Mahamudu Bawumia, has launched the Ghana Card Number at Birth initiative. From yesterday, March 14, 2024 every Ghanaian child born in an accredited health facility will be given a Ghana Card Number at birth. The initiative was launched on Thursday, March 14, 2024 at the Ga North Municipal Hospital, where children […] The post No more ‘football age’ as
The Otumfuo Foundation, in partnership with Newmont Gold and Coral Reef hub, has commissioned an AI Laboratory for St Peters’ Prim/JHS at Wioso, in the Ahafo Ano South West District of the Ashanti region. The Smart Lab is expected to serve as the springboard for the youth to dive into the ever-changing world of technology, […] The post Otumfuo Foundation commissions Smart AI Laboratory
Henry Quartey, Member of Parliament (MP) of Ayawaso Central and former head of the Greater Accra Security Region Council (REGSEC) has managed to bring to an end a 23-year old land dispute at Borteyman. This follows a settlement of the protracted land dispute between Kings Limited and Empire Builders by the Supreme Court, as well […] The post Accra Commando settles 23yr-old land dispute
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 National Identification Authority (NIA) has appealed to the Public Service Workers Union of the Trade Union Congress (TUC) to cancel its planned strike and retract its notice of action, scheduled to begin on March 25, 2024. The Union, in a statement released on March 4, announced its intention to embark on an indefinite strike […] The post NIA urges
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