Business

Free SHS, other programs must be redesigned over economic woes – Seth Terkper

July 4, 2022

As the government prepares to commence talks with the International Monetary Fund (IMF) for a bailout program, former Finance Minister Seth Terkper has charged government to candidly assess the sustainability of programs like the Free Senior High School Policy. According to him, some of the flagship programs are a drain on governments’ resources. The announcement […]Continue Reading

NEWS

Demands for refund will be addressed after Hajj – Board to aggrieved pilgrims

July 4, 2022

The Ghana Hajj Board says it will refund the monies of Muslim pilgrims who could not travel to Mecca for this year’s spiritual exercise. A statement issued by the Communications Director of the Board, Abdul Rahman Gomda, said all affected persons would receive their refunds after the Hajj “when the key officials are available for […]Continue Reading

EDUCATION

Teacher unions declare nationwide strike demanding ‘Cost of Living Allowance’

July 4, 2022

Four teacher unions have declared an indefinite nationwide strike – effective Monday, July 4 – over demands for the payment of the Cost of Living Allowance (COLA). The unions, comprising the Ghana National Association of Teachers (GNAT), the National Association of Graduate Teachers (NAGRAT), the Teachers and Educational Workers Union (TEWU) and the Coalition of […]Continue Reading

NEWS

‘If you extort, you’re gone!’ – Operation Clean Your Frontage taskforce warned

July 4, 2022

The Greater Accra Regional Minister, Henry Quartey, has warned personnel deployed to ensure a cleaner Accra to execute their duty diligently. According to him, reports of abuse and extortion during the discharge of their duties will not be taken lightly. JoyNews/AdomNews · ‘If you extort, you’re gone!’ – Operation Clean Your Frontage taskforce warned “Anybody who even […]Continue Reading

Business

NPA justifies UPPF restoration which has push fuel prices up

July 4, 2022

The National Petroleum Authority (NPA) has justified the restoration of the Unified Petroleum Price Fund (UPPF) margin on fuel prices. It says this was needed to ensure that transportation of petroleum products to the retail outlet in the country is not affected. Sources tell Joy Business the fund which is used to finance freight costs […]Continue Reading

Business

Government blaming Covid-19 too much for economic crisis – Seth Terkper

July 4, 2022

A former Finance Minister, Seth Terkper, has stated that government is placing too much emphasis on COVID-19, as the cause of the country’s economic challenges. According to him, even though he acknowledges the global impact of the pandemic, there are other weighty mistakes which have contributed to the country’s current fiscal woes. Speaking in an […]Continue Reading

POLITICS

‘GNPC to spend $5m on decommissioning of Saltpond field’ – Edward Bawa alleges

July 4, 2022

A member of the Mines and Energy Committee of Parliament, Edward Bawa, claims the Ghana National Petroleum Corporation (GNPC) is planning to hire a consultancy firm to undertake the decommissioning of the Saltpond Field. This, he says, will cost the Corporation more than $5 million, although an in-house technical team constituted by the company is […]Continue Reading

Business

World Bank appoints Ghanaian Victoria Kwakwa as new Vice President for Eastern and Southern Africa

July 4, 2022

The World Bank has appointed Victoria Kwakwa, as the new World Bank Vice President for Eastern and Southern Africa, effective July 1st, 2022. Mrs Kwakwa, an economist and development expert with over 30 years of experience, will lead an active regional programme including a financing portfolio of over 300 projects, totaling more than $50 billion and extensive policy […]Continue Reading

POLITICS

IMF bailout will take pressure off Akufo-Addo to focus on positive things – Gabby Otchere-Darko

July 4, 2022

A leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, is optimistic about the political implications of the International Monetary Fund’s (IMF) role in restoring Ghana’s troubled finances. According to him, assertions by members of the National Democratic Congress (NDC) that the arrangement will affect the ruling party’s fortunes in the next general Continue Reading

Business

Senyo Hosi to step down as CEO of Chamber of Bulk Oil Distributors

July 4, 2022

The CEO of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi is stepping down at the end of July 2022. Mr. Hosi, the founding CEO of the Chamber, is leaving office after 10 years of service. Under his leadership, the Chamber became recognized as one of the power houses for industry-based research and policy […]Continue Reading