The Minority in Parliament has called on the Electricity Company of Ghana to immediately publish a timetable for the ongoing power cuts popularly known as ‘Dumsor’ to enable people to plan their lives. Addressing Journalists in Parliament, the Member of Parliament for Yapei Kusawgu, John Jinapor said the continuous and deliberate denial by government officials […] The post Publish
Heightened corporate demand and persistent foreign exchange (FX) pressure has seen the local currency plummet against major trading currencies, reflecting mounting concerns over inflationary pressure and liquidity dynamics. This is despite the over US$106.10million injection into the FX market through the Bank of Ghana’s (BoG) spot market operations, and bulk oil distribution companies (BDCs). Corporate […] The post
The Public Utilities Regulatory Commission (PURC) has announced a slight reduction in electricity tariff for residential consumers but said there will be no change (0%) in the prices paid by lifeline consumers (0-30 kWh), as well as residential consumers within the consumption bracket of 0-300 kWh. PURC says the marginal tariff reduction of 6.56% will […] The post PURC
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
By Mohammed AWAL, Barcelona, Spain MTN Group and Huawei have signed a Memorandum of Understanding (MoU) to establish a Joint Innovation Technology Lab, to strengthen collaboration in technological innovation. The signing ceremony took place at MWC Barcelona, Spain, and was attended by senior delegations from both MTN and Huawei. The partnership will see the creation […] The post
The Supreme Court has rejected an application for certiorari filed against Member of Parliament for Assin Central, Kennedy Ohene Agyapong, by investigative journalist Anas Aremeyaw Anas. The five-member panel, led by Her Ladyship Justice Gertrude Araba Esaaba Sackey Torkornoo, upheld the previous ruling by the High Court. Six years ago, a High Court in Accra […] The post Supreme
The Board Chair of the Center for Democratic Development (CDD-Ghana), Professor Audrey Gadzekpo, has characterized the Anti-Gay Bill as detrimental to societal well-being. Ghana’s parliament endorsed the stringent legislation on Wednesday, February 28, prescribing a maximum of five years imprisonment for the formation or financing of LGBTQ+ groups. The bill garnered support from both major […] The post Anti-gay
Parliament has passed the bill on the Promotion of Proper Human Sexual Rights and Ghanaian Family Values also known as the anti-LGBTQ bill. The bill proscribes LGBT activities and criminalizes its promotion, advocacy and funding. Persons caught in the act would be subjected to a 6 months to 3 year jail term with promoters and […] The post Parliament passes anti-LGBTQ Bill appeared first
The Director of Advocacy and Policy Engagement at the Ghana Center for Democratic Development (CDD-Ghana), Kojo Pumpuni Asante, is advocating for the elimination of the delegate system in the selection of parliamentary and presidential candidates as a measure to combat corruption in Ghana’s electoral process. This call comes in response to recent revelations by Zebilla’s […] The post Delegate
President Nana Addo Dankwa Akufo-Addo has unequivocally accepted responsibility for the current economic challenges, emphasizing that executive powers are ultimately vested in the hands of the president. In his address to Parliament on the State of the Nation on Tuesday, February 27, the president acknowledged that the accountability for challenges rests squarely with the president. […] The post Economic
President Nana Addo Dankwa Akufo-Addo has revealed that the government has fulfilled its financial obligations by settling the last coupons owed to bondholders. The government announced a domestic debt exchange programme in 2023 targeted at individual and pension bondholders as part of its revenue target to reach an agreement with the International Monetary Fund (IMF). […] The post #2024SONA:
The Minority Leader, Dr. Cassiel Ato Forson, has stated that Ghanaians will not feel the absence of President Nana Addo Dankwa Akufo-Addo and his Vice, Dr. Mahamudu Bawumia after the end of their tenure. He said this in Parliament after the President ended his presentation on the State of the Nation Tuesday, on February 27, […] The post Ghanaians won’t miss
The Board Chair of the Ghana Center for Democratic Development (CDD-Ghana), Professor Audrey Gadzekpo, has called on President Akufo-Addo to reject the Proper Human Sexual Rights and Family Values bill. Prof. Gadzekpo argued that the bill undermines fundamental human rights protected by the Constitution, including the rights to dignity, freedom of speech and association, procession […] The post Reject
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
In today’s dynamic financial landscape where borders are increasingly blurred and customer demands transcend local confines, only institutions with a forward-thinking global perspective can truly thrive. Fidelity Bank, Ghana’s foremost privately-owned bank, exemplifies this ethos, consistently surpassing local standard while making its mark on the global stage. Seamless banking solutions for a connected world At […] The post
By Ebenezer Ashley (PhD). The concept of inflation has attracted diverse theories from different economists across the globe. Economists with varied forms of theories on inflation are grouped into two. These include structuralists and monetarists (Nitisha, n.d.). Structural economists assert, inflation is the end-product of the imbalances inherent in economic systems; and adapt both fiscal […] The post
Information Minister-designate Fatimatu Abubakar has defended the reassignment of former Finance Minister Ken Ofori-Atta to a new portfolio, emphasizing his unquestionable capacity to provide valuable advice in the financial sector. “His capacity to guide or to advise in the financial sector is not lost just because he is no longer Finance Minister. if his skills […] The post Fatimatu
The Media Foundation for West Africa (MFWA) has intervened in the closure of four media outlets in Bawku, Upper East Region, asserting that the National Communications Authority (NCA) lacks the authority to enforce ethical and professional standards. MFWA argues that the NCA is not a suitable entity to impose sanctions on media content. The stations […] The post Bawku:
Majority Leader Alexander Afenyo-Markin has expressed concerns about the constitutionality of the proposed Promotion of Proper Human Sexual Rights and Ghanaian Family Values, popularly known as the anti-LGBTQ+ bill currently under consideration by Parliament. He believes it has significant legal flaws and would not withstand scrutiny in court. Afenyo-Markin previously advocated for adjustments to the […] The post Anti-gay
Kennedy Ohene Agyapong, the MP for Assin Central, has unequivocally stated that he is not interested in partnering the flagbearer of the New Patriotic Party (NPP), Dr Mahamudu Bawumia, in the upcoming December elections. While Bawumia is yet to officially reveal his running mate, Mr Agyapong, speaking on the KSM Show on Pan African Television […] The post I’ve
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