Business

Inflation in Africa: Some subsidy programs prolonging situation – Jeff Gable

June 27, 2022

The Head of FICC Research and Chief Economist at ABSA; Jeff Gable, says the consistent introduction of subsidies in the midst of global economic challenges will only prolong the effects of inflation in that country. According to him, governments in Africa must rather focus on slowing down demand for products rather than subsidizing the cost. […]Continue Reading

NEWS

Intelligent Traffic Management System contract: Agbodza worried over looming judgement debt

June 27, 2022

The Ranking Member on the Road and Transport Committee of Parliament, Governs Agbodza is warning of a looming $50 million judgment debt over the abrogation of the Accra Intelligent Traffic Management System contract. Addressing the press, Mr. Agbodza urged the government to take steps to avert the impending financial loss to the state. Addressing comments […]Continue Reading

Business

Cedi Summit: ISSER Director questions wholesale subsidies

June 27, 2022

The Director of the Institute for Statistical, Social and Economic Research (ISSER) at the University of Ghana; Prof. Peter Quartey, remains unconvinced by the effectiveness of blanket subsidies. Prof. Quartey said he did not believe in wholesale subsidies because “you cannot subsidise both the rich and poor at the same rate.” “If you need to […]Continue Reading

Business

‘We’ve generated only 10% of estimated E-Levy revenue so far’ – Gabby Otchere-Darko

June 27, 2022

The electronic transactions levy (e-levy) introduced by government to generate additional cash for the government is raking in only 10% of estimated revenue, according to a leading member of the governing New Patriotic Party, Gabby Asare Otchere-Darko. The government commenced the implementation of the levy on May 1, 2022, after its initial announcement in the […]Continue Reading

Crime

Tiler gets 7 years for defilement; claims victim forced him to have sex with her

June 27, 2022

Patrick Mawunyega, a 24-year-old tiler, who defiled a 15-year-old girl after helping her with her homework, has been sentenced to seven years imprisonment by an Adentan Circuit Court. Mawunyega said it was the victim who forced him to have sex with her. He, however, pleaded guilty and was charged with defilement. The court presided over […]Continue Reading

NEWS

You can only demonstrate from 8am to 4pm – High Court tells Arise Ghana

June 27, 2022

An Accra High Court has ruled that pressure group, Arise Ghana can stage its protest only between the hours of 8am to 4pm. The court additionally directed that the protest should commence at the Obra Spot here in Accra and end at the Independence Square. This was the decision of the court in connection with […]Continue Reading

Crime

Special prayers to be held for victims of Ejura incident

June 27, 2022

A special prayer event will be held on Thursday, June 30 for victims and persons who lost their lives in the Ejura disturbance between the Police and some irate youth. The prayers would be held on the theme, “The Role of Justice in Ensuring Peace-building and Community Reconciliation.” According to the Joint Committee of Victims […]Continue Reading

Opinion

E-levy has failed to live up to government’s expectation – Gabby Otchere-Darko

June 27, 2022

A leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, has disclosed that the Electronic Transactions Levy (e-levy) has generated less than ¢60 million, close to two months of its implementation. He said the levy has failed to live up to the expectations of the government. “What options are open to the government? The question should […]Continue Reading

Business

Don’t launch YouStart amidst our unpaid allowances – NABCO trainees to government

June 27, 2022

A group of trainees under the National Builders Corps (NABCO), have called on the government to halt the implementation of the YouStart initiative until their allowances are paid. The group, identified as ‘NABCO Trainees Association of Ghana (NABTAG)’ says they do not understand why the government intends to roll out a new policy, when their […]Continue Reading

Business

Osafo-Maafo chairs meeting of six ministers to assess impact of economic mitigation measures

June 27, 2022

The Senior Advisor to the President, Yaw Osafo-Maafo, is chairing a meeting of six ministers who largely represent the real sector of the economy, from today, Monday June 27 to Wednesday June 29, to assess the impact of the economic mitigation measures announced in March this year. Some 13-point measures were announced to cushion consumers […]Continue Reading