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 on a local programme developed by the government. “Anytime I …
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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 (CEO) of Dalex Finance and Leasing Company Limited, Kenneth Thompson, …
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 area. According to the report, the notice, which was signed …
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 a strong foundation in primary education and articulated his plan …
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 government had benefitted from a 50 billion cedis injection into …
Read More »La General Hospital: IMF deal caused sponsors to suspend funding for construction – Majority Leader
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 …
Read More »Bawumia didn’t win fair and square, this is fraud – Dr. Amoako Baah
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 …
Read More »Such a shameful thing to say! – Joyce Mogtari descends on JFK over ‘Ákan party tag’ comment
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 …
Read More »MPs to ‘grill’ Kan-Dapaah this week over alleged military assault in Garu
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 …
Read More »Ofori-Atta visits SOL Cement following closure over GH¢700m tax default
The Ghana Revenue Authority (GRA) has demanded that SOL Cement’s managers in Tema settle at least 40 percent of their outstanding liabilities before allowing the company to resume operations. The GRA closed the cement factory two weeks ago due to GH¢700 million in tax defaults, including VAT. The company was cited for VAT infractions, corporate income tax, and penalties after a tax …
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