NEWS

We’ve renegotiated 6 ‘Mahama’ PPAs to save Ghana US$13.2bn – Ofori-Atta

July 26, 2022

Finance Minister Ken Ofori-Atta has said “for balanced” and “sustainable energy partnerships that provide affordable power for industrial, commercial and residential use, we have kept our promise and successfully renegotiated Power Purchase Agreements (PPAs) with six Independent Power Producers (IPPs), namely: Karpower, Cenpower, Early Power, Twin City Energy (formerly Continue Reading

Business

1D1F: 125 of 296 factories operational – Ofori-Atta

July 26, 2022

Out of 296 1D1F projects undertaken since 2017, 125 are currently operational across the country, Finance Minister Ken Ofori-Atta has told parliament in his mid-year review on Monday, 25 July 2022. “This, is by far, the biggest industrialisation programme our country has seen since colonial days”, he noted, adding: “Mr. Speaker, the President’s vision to […]Continue Reading

NEWS

Special Prosecutor probes contract awarded A&Qs Consortium by NDA

July 26, 2022

Some alleged shady contracts at the National Development Authority (NDC) are being investigated by the Office of the Special Prosecutor. The office is particularly interested in a contract awarded by the NDA to A&Qs Consortium for consultant services under the Infrastructure for Poverty Eradication Programme. A statement from the Office of the Special Prosecutor signed Continue Reading

NEWS

Claims gov’t has printed GHS22bn new money ‘false, baseless’ – John Kumah

July 26, 2022

The Finance Ministry has refuted claims that the Bank of Ghana has printed GHS22billion without parliamentary approval. The Minority Spokesperson on Finance, Mr Cassiel Ato Forson made the claim at a press conference after the Finance Minister, Ken Ofori-Atta had delivered the Mid–Year Budget Review to Parliament on Monday, 25 July 2022. Mr Forson said […]Continue Reading

NEWS

Chereponi: Sagong community burnt over renewed clashes between Anufors and Konkombas

July 26, 2022

A community, within Chereponi in the North East Region, Sagong, has been burnt to the ground following renewed clashes between the Anufors and the Konkombas in the area. The clash believed to be as a result of a five- year conflict over a parcel of land which is located between Gbalo (an Anufor community) and […]Continue Reading

Business

It’s propaganda for NDC to accuse Ofori-Atta of mismanaging economy – Afenyo-Markin

July 26, 2022

Deputy Majority Leader Alexander Afenyo-Markin has said the Finance Minister Ken Ofori-Atta and his team cannot be accused by the Minority of mismanaging the economy. He stated that the issues that are affecting the local economy are as a result of the outbreak of the coronavirus pandemic as well as the ongoing warfare between Russia […]Continue Reading

Foreign

Zimbabwe launches gold coins to tackle inflation

July 26, 2022

Zimbabwe’s central bank has launched gold coins in an effort to help curb soaring inflation amid a slump in the country’s currency. The central bank’s main interest rate was more than doubled this month to 200% after the annual rate of inflation rose above 190%. Each coin will be priced at the international market rate […]Continue Reading

NEWS

Akufo-Addo nominates four to Supreme Court

July 26, 2022

President Nana Addo Dankwa Akufo-Addo has nominated four judges to serve as justices of the Supreme Court. In a letter to Parliament on Tuesday, July 26, President Akufo-Addo called on the Speaker, Alban Sumana Kingsford Bagbin, to ensure the “expeditious” consideration of the nominees so that they can start work “as soon as practicable”. The nominees are Barbara […]Continue Reading

Business

You can’t conjecture and blame BoG for printing ¢22bn; that’s not right – Boaku tells Minority

July 26, 2022

Spokesperson of the Vice President, Dr Gideon Boako has said the Minority cannot conjecture and accuse the Bank of Ghana (BoG) of printing ¢22billion fresh cash without disclosing it. He said the posture of the Minority is not right. The opposition lawmakers alleged that the central bank has, on the instruction of the government, printed […]Continue Reading

NEWS

Sprouting maize trail on busy Accra road gets social media talking

July 26, 2022

A seemly over-enthusiastic farmer may have taken his antics too far. Ghanaians on social media woke up to a video showing a strange phenomenon on the busy streets of Accra. In a video posted on Thursday, a long trail of sprouting maize is seen in the median of Independence Avenue near Ridge Roundabout. Someone is […]Continue Reading