Kojo Oppong Nkrumah, the Minister of Information, has explained why Ghana’s financial problems go far beyond the current bailout the government is seeking from the International Monetary Fund (IMF). He stressed that Ghana was a victim of global economic challenges but also that the current bailout support of US$3 billion was hinged …
Read More »Apiate Explosion: Deputy lands minister issues strict ultimatum for project completion
Architectural and Engineering Services Limited (AESL), the Project Consultants for Apiate, have been issued a non-negotiable ultimatum to complete the Apiate township for commissioning. During a working visit to Apiate on November 10, 2023, Benito Owusu-Bio, the Deputy Minister for Lands and Natural Resources and Chairman of the Apiate Reconstruction …
Read More »Ofori-Atta to present 2024 budget on Wednesday
The Minister of Finance, Ken Ofori-Atta, is scheduled to present the government’s 2024 Annual Budget Statement and Economic Policy to Parliament on Wednesday, November 15, 2023. Ahead of the presentation, there have been calls for the government to significantly reduce its expenditure to rescue the ailing economy. The Chief Executive Officer …
Read More »Railways lands: Asuma Banda Mosque, 300 other buildings to be demolished – Report
At least 300 buildings within the Ayawaso West Wuogon constituency of the Greater Accra Region, including the popular Asuma Banda Mosque, are expected to be demolished. A report by the Insight newspaper says the demolition follows a notice issued by the Ghana Railway Development Authority (GRDA) ordering all occupants to leave the …
Read More »Free SHS will be reviewed within my first 100 days in office – Mahama
The 2024 flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has declared his intention to conduct a comprehensive review of the Free Senior High School Policy (Free SHS) during the first 100 days of his potential term following the 2024 general elections. Mr. Mahama emphasized the critical role of …
Read More »Tell the children to be careful! – Otumfuo tells Offinso elders
The Asantehene, Otumfuo Osei Tutu II, during a meeting with some chiefs and elders in his kingdom has reiterated the ‘power’ behind the name Osei Tutu he bears. He said he is the reincarnation of Osei Tutu, the founder of the Asante Kingdom, and has authority over all the stools in …
Read More »Social media users blast Sam George over ‘religious prostitute’ attack on Bawumia
Member of Parliament for Ningo Prampram, Samuel Nartey George is under fire by a cross-section of social media users for attacking the religious beliefs and practices of Vice President Dr Mahamudu Bawumia. The MP labelled the newly-elected 2024 New Patriotic Party (NPP) flagbearer as a religious prostitute who does not deserve to be …
Read More »Media update: Lambeth Call Discussion Series to explore Being Anglican
Update: The next Lambeth Call in the Lambeth Conference Phase 3 discussion series will be on Anglican Identity. Webinars are planned for 2024. Read the full announcement here. https://www.lambethconference.org/anglican-identity-set-to-be-the-next-theme-in-lambeth-call-discussion-series/ and also below. Interview: “Hospitality should be our Christian distinctive” – Bishop Anthony Poggo, the Secretary General has also shared an …
Read More »Syndicated loan drags, Ghana borrows up to $200 million from cocoa traders to plug funding gap
Ghana’s Cocobod is facing delays in securing its usual syndicated loans and has opted to borrow between $150 million to $200 million from cocoa traders to partially finance bean purchases for the 2023/24 season. Fiifi Boafo, the regulator’s public affairs manager, informed Reuters that the challenges in obtaining loans from …
Read More »The economic situation in 2024 could get worse – Ken Thompson
Chief Executive of Dalex Finance, Ken Thompson has expressed concern about the country’s ballooning debt and public expenditure. According to him, the ongoing economic downturn has exacerbated the economic hardship in the country raising the need for immediate measures to improve living conditions in the country. He said whereas the …
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