The Board Chairman of the Ghana National Petroleum Corporation (GNPC) Freddie Blay has clarified that allowance increases for GNPC management were reasonable and approved by the corporation. The former NPP National Chairman refuted the notion that the increases were exorbitant, emphasizing that they were implemented two years ago, not in 2024 as suggested by North […] The post Freddie
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
Ghana’s Electoral Commission (EC) has assured that the current internet disruptions will not compromise the integrity of the 2024 general elections. The assurance comes amid concerns raised due to recent cuts in undersea fibre optic cables, which have significantly impacted mobile network operations since March 14, leading to widespread internet outages across the nation. In […] The post Internet
Government spokesperson on governance and security, Palgrave Boakye-Danquah, has appealed to Ghanaians for patience as the administration addresses the ongoing power supply challenges. In recent months, Ghana has grappled with a significant power crisis, resulting in widespread outages across various regions, eliciting frustrations among citizens. Amidst calls for a structured load-shedding schedule to facilitate daily […] The post Dumsor:
The Director-General of the Ghana AIDS Commission has expressed grave concerns over the delays in clearing essential healthcare medications, including crucial anti-retroviral drugs (ARVs), at the ports. Three containers containing HIV ARVs have been stranded at the ports since June 2023, posing a significant risk of a potential spread of the virus. In an interview […] The post AIDS
Kwaku Kwarteng, the Chairman of the Finance Committee of Parliament, has disagreed with government machinery that Ghana’s economic woes are largely to blame on global events such as the COVID-19 pandemic and the Russia-Ukraine war. The Obuasi West MP said reckless public spending and economic mismanagement of past and present governments are also major contributing […] The post Reckless
Former Ghana Midfielder, Otto Addo, has expressed his delight at being appointed as the head coach of the Black Stars, describing it as a tremendous honor. The 48-year-old will make his return to manage the senior national team after stepping down following Ghana’s exit from the 2022 FIFA World Cup. According to the Ghana Football […] The post It’s
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has pledged to establish a $50 million fund to strengthen Ghana’s rapidly growing financial technology (fintech) industry if he becomes president in 2025. With over 70 fintech companies in the country, many of them being start-ups, Mr Mahama emphasised the importance of strategically positioning […] The post I’ll
By Rashidatu IBRAHIM Parliament has held a workshop to familiarise members of the Parliamentary Press Corps (PPC) with the updated Standing Orders of the House. The two-day workshop, held over the weekend in Ada, aimed to acquaint the press with the new orders and equip them with the necessary knowledge to accurately convey information to […] The post Parliament
The African Guarantee Fund (AGF) and United Bank for Africa (UBA), on Monday, signed a partnership that ensures that UBA provides US$100million in new loans to small and medium enterprises (SME) and businessowners across the 20 African countries where the bank has presence in Africa. The AGF, under this agreement, will support and guarantee SMEs with US$50million Portfolio […] The post
In a significant development for the African Lotteries Association (ALA), Mr. Samuel Awuku, the Director-General of the National Lottery Authority (NLA) of Ghana, has been elected as the Vice President at the ALA’s General Meeting held in Casablanca, Morocco, on March 8, 2024. This historic election marks the first time a Director-General from an Anglophone […] The post
BDAC Ghana Limited, an indigenous strategic consulting and advisory company, has signed a Memorandum of Understanding (MoU) with the India Africa Trade Council (IATC) to strengthen business relations between the two entities and to develop reciprocal cooperation between India and Ghana through BDAC Ghana Limited. The new partnership between IATC and BDAC aims to identify […] The post
The Economic and Organized Crime Office (EOCO) has arrested four people allegedly involved in a “sophisticated mobile money and SIM swap fraud scheme.” EOCO has put the four accused, including a female, before an Accra Circuit Court for their actions, which have led to the loss of GHC113,947.57 cedis belonging to one of Ghana’s largest […] The post EOCO
The Ghana Airports Company Limited (GACL) has suspended its proposed $20 round-trip passenger fee following parliamentary scrutiny. Parliament, on Wednesday, March 13th summoned the Minister of Transport, Kwaku Ofori Asiamah, to address concerns regarding the fee’s legality. This action stemmed from objections raised by the Minority Caucus, who argued that the GACL lacked the authority […] The post GACL
Vice President Dr. Mahamudu Bawumia has successfully launched the Ghana Card Number at Birth initiative. This initiative is to issue a Ghana Card number for newborns to improve service delivery nationwide. Addressing a gathering during the launch at the Ga North Hospital in Ofankor in the Greater Accra Region, the Vice President highlighted the importance […] The post Ghana
The Inspector General of Police, Dr George Akuffo Dampare, has reiterated the readiness of the Police and other security agencies to work with the Electoral Commission (EC) and all other stakeholders for peaceful polls in December this year. He said the police will work with the EC to address all their security concerns ahead of […] The post We’ll address all
A new report to guide the formation and implementation of the proposed UK-Africa Innovation Trust Corridor (ITC) to facilitate the transparent, secure and demonstrable exchange of research and innovation outputs between the United Kingdom and its African Commonwealth nations has been launched in Accra. The report, titled ‘Research-Based Evidence to Support the Formation of the […] The post
Latest data from the Ghana Statistical Service has revealed a decline in inflation, with the February figure standing at 23.2%. This represents a 0.3 percentage point decrease from the 23.5 percent recorded in January. During a press briefing in Accra on Wednesday, Government Statistician Prof. Samuel Kobina Anim provided a breakdown of the figures, explaining […] The post Inflation
By Sophia Kafui TEYE Are you feeling hesitant or worried about engaging in a potentially life-transforming transaction due to the associated risks? Do you fear that these risks might crystalized, resulting in potential losses, thus causing you to hold back? Are you aware that this fear might be preventing you from realizing the benefits that […] The post Escrow
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