A cargo of Russian oil is heading for storage tanks in Ghana, a nation that exports crude itself and is on the doorstep of two regional supply powerhouses. The development suggests that traders could be scouring the market for new buyers of Russian barrels after the European Union stopped almost all seaborne imports from the country in December. The bloc’s ...

Representatives of bondholders who did not subscribe to the Domestic Debt Exchange Programme (DDEP) have raised doubts about the assurances given by the Ministry of Finance to pay coupons on old bonds by Monday, March 13. The Ministry, in a statement on Monday, February 27, assured that administrative steps are being taken to ensure that coupons and principals on old bonds are ...

Parliament has refuted claims that it has passed the Electoral Commission (EC’s) Constitutional Instrument (CI) that seeks to make the Ghana Card the sole document for voter registration. In a release signed by the Director of Public Affairs, Kate Addo, Parliament indicated that any such publication is false. LEARN AND TRADE FOREX WITH GOLIGFX WATCH THE VIDEO BELOW: “Parliament states ...

Independent presidential hopeful, Dr Samuel Sarpong Ankrah has said the frustration and disappointments of Ghanaians following what he describes, as incompetent governance, will soon be a thing of the past. He stated that after 63 years and counting of independence, with all the resources available to the nation, Ghana is still going through her foundation years similar to what some ...

The Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has said that Ghana needs a strong third force to break the duopoly of the New Patriotic Party (NPP) and the National Democratic Congress (NDC). The NPP and the NDC have dominated political power since the inception of the Fourth Republic in 1992. Although other political parties ...

Prices of petrol and diesel are expected to fall between 3.7% and 4.04% per litre, beginning Thursday March 1, 2023. According to the Chamber of Petroleum Consumers (COPEC), this follows a decline in the prices of the products on the world market, despite a marginal depreciation of the cedi to the dollar during the period. “These expected drop in prices ...

A New Patriotic Party (NPP) stalwart, Charles Wereko-Brobby has questioned why some schools across the country lack infrastructure if Ghana’s constitution mandates free compulsory education. In a yet-to-be-aired interview on Joy FM’s Personality Profile, Dr Wereko-Brobby, alias Tarzan, said this issue is a big disappointment. It therefore amazes him how the focus has shifted from the infrastructural deficit to a political ...

Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late March 2023. This is owing to the upcoming National People’s Congress of China meeting scheduled for early March. However, the Finance Minister said bilateral talks will continue ahead of this important mission. The government is seeking under the G20 Common Framework ...

The CEO of the National Petroleum Authority (NPA) says it has in consultation with the Association of Oil Marketing Companies (AOMCs) come up with criteria for the distribution of the next consignment of petroleum products under the Gold for Oil (G4O) programme. Dr Mustapha Abdul-Hamid said this is to ensure that the impact of the G4O programme is felt by ...

The General Secretary of the Ghana Medical Association (GMA), Dr Titus Beyuo, has resigned from his role to wear new gloves in the political field. On Wednesday, February 22, the medical practitioner picked forms to contest the National Democratic Congress (NDC) primaries in the Lambussie-Karni Constituency in the Upper West Region. He said the decision to come to this was ...