News

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 banks led Cocobod to explore alternative sources, such as loans …

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 government had benefitted from a 50 billion cedis injection into …

The Majority Leader has attributed the delay in the reconstruction of the La General Hospital to a hold-up in funds by the facility’s sponsors. According to Osei Kyei-Mensah-Bonsu, the sponsors had halted funding following Ghana’s engagement with the International Monetary Fund (IMF). He was responding to questions from Member of Parliament for La Dade-Kotopon, Rita Odoley Sowah. Speaking on the …

The Domestic Services Workers Union (DSWU) in Ghana with the support of the International Domestic Workers Federation (IDWF) has organized a three-day workshop training to support a ratification campaign and implementation of the International Labour Organization (ILO) Convention 189. The workshop aimed at empowering domestic workers and enhancing their rights and working conditions. This article will delve into the significance …

Director General of the Ghana AIDS Commission (GAC) has called for an urgent need to close the massive funding gaps in the treatment of HIV and AIDS in the country. Dr Kyereme Atuahene said for the last two decades, donor funding for the HIV and AIDS response in Ghana had reduced from 75 to 33 per cent, creating substantial funding gaps, adding …

Political Scientist, Dr Richard Amoako Baah has described the victory of Dr Mahamudu Bawumia in the just-ended New Patriotic Party (NPP) presidential primaries as a fraud. The Vice President had raked in 61.43% of all votes cast at the primaries, followed closely by his contender, Kennedy Ohene Agyapong, the Assin Central MP with 31.41%. According to Dr. Baah, the vice president had …

Dr John Ofori Tenkorang, Director-General of the Social Security and National Insurance Trust (SSNIT), has called on the working public to consider a retirement insurance to be able to survive old age. He said workers, both formal and informal, must consider the extended lifespan of the present generation, and seek to secure a pensionable future. Dr. Ofori-Tenkorang was speaking at …

Joyce Bawah Mogtari, special aide to former President John Dramani Mahama, has chided the General Secretary of the New Patriotic Party (NPP), Justin Frimpong Kodua, over remarks he made about the party being expunged from the Akan party tag. According to her, instead of the NPP focusing on the capabilities of the newly elected flagbearer, Dr. Mahamudu Bawumia, as an economist who …

The National Security Minister, Albert Kan-Dapaah, is expected to appear in Parliament on November 9, 2023, to answer questions about the attacks on residents of Garu and Tempane in the Upper East Region by military personnel. Over 50 people were hospitalized after some military personnel allegedly unleashed mayhem on the Garu residents last week. It is alleged that the military attack …

One of the victims of the recent military brutalities in Garu and Tempane in the Upper East Region has died. Eight of the residents who were also arrested and transferred to Accra have been released, with two of them still battling for their health. Over 50 people were hospitalized after some military personnel unleashed mayhem on the Garu residents on …