Author Archives: larryehu

‘This is great news’ – Ablakwa reacts to lawsuits by Freddy Blay and son

The North Tongu Member of Parliament, Samuel Okudzeto Ablakwa has welcomed two suits filed against him by the former New Patriotic Party (NPP) Chairman, Freddie Blay and his son, Kwame Blay. The two have sued Mr Ablakwa for defamatory publications, and falsely implicating them in the alleged theft of state property. While Kwame Blay’s lawsuit is solely against the North ...

Read More »

Gov’t raises ₵2.99 billion in latest T-Bills auction, exceeding target amid steady Interest Rates

Government successfully raised GHS 2.99 billion, exceeding its target of GHS 2.65 billion in a recent treasury bills auction, the Ghanaian This achievement reflects a modest resurgence in demand for short-term government securities as interest rates remained steady across all tenors. At the auction, government saw strong interest in its treasury bills, demonstrating confidence in the stability of the yield ...

Read More »

If Cedi falls against the Dollar, it automatically affects cement prices because of clinker importation – Alan

Depreciation of the Cedi automatically affects prices of cement, Independent Presidential candidate and Leader of the Movement for Change, Alan Kyerematen has aid. He explained that because of the importation of clinker for the production of cement, whenever the Cedi falls against the Dollar, it has a multiplying effect on the prices of the commodity. The former Trade Minister suggested to ...

Read More »

Election 2024: ‘NDC is not a viable option; they’re very dangerous’ – Kennedy Agyapong

The Member of Parliament for the Assin Central Constituency, Kennedy Ohene Agyapong, has cautioned Ghanaians not to consider voting for the opposition National Democratic Congress (NDC) in the forthcoming general election. According to the businessman, the NDC is not a “viable option”, despite the current economic hardships facing Ghanaians. He described the NDC as “very dangerous.” Mr Agyepong made the ...

Read More »

‘I’ll give your banks back to you’ – Mahama promises owners of 10 banks collapsed by Akufo-Addo gov’t

All the banks that were collapsed by the Akufo-Addo government under the ministerial leadership and supervision of former Finance Minister Ken Ofori-Atta would be given back to their owners after an “unbiased assessment,” former President John Mahama has promised. From 2017 to 2020, 10 banks owned by Ghanaian businesspeople were collapsed by the Bank of Ghana. UT Bank and Capital ...

Read More »

3 tertiary teacher unions to strike on June 21 if…

The Senior Staff Association-Universities of Ghana (SSA-UoG), Federation of Senior Staff Association of Ghana (FUSSAG), and Teachers and Educational Workers Union of Trade Union Congress (TEWU-TUC) have served notice of a strike action on June 21. The unions said they are unhappy with the exclusion of their members from the recent review of the Vehicle Maintenance Allowance (VMA) and other ...

Read More »

We’ll regulate small-scale mining in a way that will not destroy the environment – Mahama

Flagbearer of the National Democratic Congress (NDC) John Dramani has promised to regulate activities of small-scale mining in a way that will not destroy the environment. He stated that the NDC administration will restructure it so that the youth gain some meaningful employment. He said when he met small-scale miners on Tuesday, June 11. “When I was in power, we ...

Read More »

‘Ghana not a toy’ – Ayariga tells Bawumia to stop joking and crying for steering wheel

Vice President Mahamudu Bawumia mist stop “crying” for the steering wheel because Ghana is not a toy, All People’s Congress flagbearer Hassan Ayariga has said. “Dr. Bawumia, please stop crying for the steering wheel” because “the car is not a toy,” Mr Ayariga said at a press conference on Tuesday, 11 June 2024. The steering wheel, Mr Ayariga, noted, “was ...

Read More »