The Supreme Court has recommended to stakeholders in the country to approach the discussions on Article 71 officers holder “with a sober contemplation of its purposes, intents, and opportunities for a national growth.” The apex Court panel of seven chaired by Chief Justice Gertrude Sackey Torkornoo on April 24, 2024, said parliament approval of Prof. […] The post Full
The Central African nation’s May 6 election appears to offer voters a choice. But it’s been masterminded, analysts say, to rubber-stamp the rule of the incumbent, Mahamat Idriss Déby.
As Ghana’s banking sector approaches the crucial milestone of publishing financial results by the end of April 2024, it’s essential to remember that these figures are not mere numbers but a measure of the health of our financial institutions, which is the backbone of our nation’s economic prosperity. Financial results of banks offer valuable insights […] The post Icebergs
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […] The post
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […] The post The
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 Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post All
The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post African
Dext Technology Limited, a prominent education technology company in Ghana, has signed a memorandum of understanding with the University of Education, Winneba to enhance trainee teachers’ access to practical STEM tools. Through this partnership, Dext Technology Limited and the University will collaborate to explore various opportunities, including direct supply of STEM tools to the Department […] The post UEW
The latest data from the Bank of Ghana (BoG) has revealed that Ghana’s public debt climbed to a staggering GH₵610 billion as of December 2023. This figure reflects an Read More... The post Ghana’s Public Debt Hits
The Office of the Judicial Secretary has rescinded its decision to demand Ghana Cards before releasing court documents to interested parties. In a circular supposedly issued by the Judicial Secretary, Justice Cyra Pamela C.A Koranteng, dated January 31, 2024, individuals seeking judgments were to present their Ghana Cards as a form of identification for obtaining […] The post Judicial
The government paid a total of GH¢300,385,317.52 as judgement debt between 2017 and 2022. The Ministry of Finance made this known in an updated information on judgement debt payment dated August 2023. The Ministry revealed that the payments were made to over 60 individuals and organisations. For instance, in 2017, Albert Osei was paid GH¢279,412.83; […] The post Over
Private legal practitioner, Martin Kpebu is raising concerns regarding threats by businessman Alfred Agbesi Woyome to sue the General Legal Council (GLC) over legal practitioner, Samuel Nerquaye-Tetteh’s disbarment from the bar. Mr. Woyome threatened to sue the GLC for taking such an action against former Chief State Prosecutor, Samuel Nerquaye-Tetteh for professional misconduct. Kpebu asserts […] The post AG
Businessman Alfred Agbesi Woyome has jabbed the General Legal Council (GLC), stating that he has never paid or offered a bribe in the course of his business dealings. His response comes in the aftermath of the GLC’s decision to disbar Chief State Attorney Samuel Nerquaye-Tetteh, who allegedly received GH¢400,000 from Woyome in 2011. Addressing journalists […] The post I’ve
A Chief State Attorney at the Office of the Attorney-General, Samuel Nerquaye-Tetteh, has been disbarred as a lawyer by the General Legal Council (GLC) for collecting GH¢400,000 from businessman Alfred Agbesi Woyome in 2011. Mr Nerquaye-Tetteh was disbarred, meaning he can never practice as a lawyer again in Ghana after the Disciplinary Committee of the […] The post Chief
Golden Star Wassa Ltd, through its Golden Star Development Foundation, on Thursday, February 1, 2024, cut sod to commence a series of development projects in its host communities. The beneficiary communities are Akosombo, Akyempim, Brofoyedur, Kubekro, Odumasi, Accra Town, Old Subri, Juaben, and Anyinabriem. The projects are estimated to be more than one million US […] The post Golden
Everyone loves myself enough to want someone that likes me-too Really, if you’re when you look at the a section of the nation where there try partners lesbians, a post-order bride-to-be would be recommended BTW that house is unbelievable. I’m not sure easily could stay in for example a great added particularly an awful country. […]
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The World Bank Group yesterday, in principle, welcomed the agreement on key parameters of the proposed debt restructuring for Ghana reached by the Official Creditors’ Committee under the G20 Common Framework. This agreement, which is consistent with the Joint WB-IMF Debt Sustainability Framework, represents a critical milestone toward restoring debt sustainability in the country. “This […] The post
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