Rescue efforts are taking place in Taiwan after a powerful earthquake struck off its east coast on Wednesday, killing at least four people. The 7.4 magnitude quake caused multiple buildings to collapse in Hualien, the city closest to the epicentre. The strongest tremor to hit the island in 25 years was also felt as far […] The post Taiwan hit by deadly earthquake –
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
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
Joyce Bawah Mogtari, a Special aide to former President John Dramani Mahama, has asked the New Patriotic Party (NPP) administration to stop peddling falsehoods about the flagbearer of the National Democratic Congress (NDC), Mr Mahama. In a post on her X platform reacting to a “fake” letter issued in the name of Mr Mahama, she […] The post Fix the economy, stop borrowing
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 just-ended Africa Cup of Nations lived up to the hype for many stakeholders, including Ghana’s Juliet Bawuah. The well-respected Juliet was recruited by the continental governing body, Confederation of African Football (CAF), to perform Venue Editor duties. And, just as she has done in previous engagements, this, too, she rose to the occasion – […] The post Juliet
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 third accused person in the ambulance purchase saga, Richard Jakpa has dismissed his counsel, Thomas Aubynn. On Tuesday, the businessman was expected to open his defense following the Attorney-General’s discontinuation of the case against the second accused, Dr Sylvester Anemana. But when the case was called, lead counsel for the third accused, Lawyer Thomas […] The post Ambulance
The African Hockey Federation is unhappy about South Africa’s decision to withdraw their male and female teams from the ongoing African Games, Accra 2023. At a press briefing in Accra on Tuesday, Seif Ahmed, President of the African Hockey Federation said “We came to play. Not to find excuses not to play.” South Africa pulled […] The post We’re
The president of the African Hockey Federation, Mr Seif Ahmed, has refuted claims by the South African Hockey Federation that the hockey pitch being used for the African Games is substandard. According to Mr. Seif, the pitch meets international standards. He stated that pictures circulated by the South Africans were taken before the pitch installation […] The post African Games hockey pitch
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
Abeiku Jackson from Ghana faced disappointment in the Men’s 50M Freestyle Heats, finishing in 10th place with a time of 23.59 seconds, dashing hopes for another swimming medal. Abeiku Jackson did not advance to the Men’s 50M Freestyle event, placing 10th in his heat with a time of 23.59 seconds 🙀#CitiSports #Accra2023 pic.twitter.com/oDtEf7FkhR — Citi […] The post Accra2023:
The Chief Justice, Gertrude Torkornoo, has issued a directive to all judges regarding the handling of cases by police prosecutors. This directive is in response to a letter from the Attorney-General, Godfred Yeboah Dame, which stated that police prosecutors are now limited to prosecuting cases with a monetary value not exceeding GH¢500,000. The Attorney-General’s letter […] The post Police
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 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
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