Author Archives: larryehu

Government borrowed GH¢22.06bn via T-bills in January 2024

The government borrowed GH¢22.06 billion via treasury bills in January 2024. This is about 35.80% more than the targeted amount of GH¢15.13 billion. The majority of the bids came from the 91-day T-bill. Analysts expect the uptake trend to continue in February 2024 as the treasury heads for an estimated cash coupon payment of about GH¢4.3bn on the new bonds. ...

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NPP parliamentary primaries: I trust the judgement of delegates – Freda Prempeh breaks silence

Tano North Member of Parliament (MP), Freda Prempeh says she accepts the verdict of the constituents following her recent defeat in the parliamentary primary. The Minister of Sanitation and Water was seeking re-election to serve her fourth term as MP but the dream was cut short. She lost the parliamentary primary on January 27 to Dr Gideon Boako, the spokesperson to the Vice ...

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Withdraw emission levy – NPP’s Nana B to gov’t

The National Organiser of the governing New Patriotic Party (NPP), Henry Nana Boakye, also known as Nana B, has urged the government to withdraw the emission levy. “It must be withdrawn,” Nana B emphasised. “Withdraw the emission levy; it’s unnecessary. The Finance Minister must retract it.” According to him, emission levies are typically imposed on developed countries that have advanced ...

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I have nothing personal against Kennedy Agyapong – Asenso-Boakye

Member of Parliament for Bantama, Francis Asenso-Boakye, has said that he has no personal issues against Assin Central Member of Parliament Kennedy Agyapong despite the heated exchanges between the two of them during the parliamentary primary of the New Patriotic Party held on January 27. Asenso-Boakye described Kennedy Agyapong as his senior brother. “I have nothing against him,” the Minister ...

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I was disappointed by the number of votes Ralph Agyapong polled but…- Asenso-Boakye

Member of Parliament for Bantama Francis Asenso-Boakye has said that he was initially surprised and disappointed by the number of votes garnered by his contender, Ralph Agyapong in the recently held parliamentary primary of the New Patriotic Party (NPP) in the constituency. He said he had done a lot of development projects in the constituency and also embarked on several ...

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Taxes have become more of a punishment to businesses – Badu-Aboagye

The Chief Executive of the Ghana Chamber of Commerce and Industry, Mark Badu-Aboagye, has expressed serious concerns about the escalating burden of both direct and indirect taxes on businesses in the country. Speaking on JoyNews’ PM Express, Mr Badu-Aboagye questioned the sustainability of business profitability in the face of increasing costs and taxes. He argued that taxes have become an ...

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Confusion in Akuapem South NPP: Delegates call for clarity on parliamentary primary date

New Patriotic Party (NPP) in Akuapem South constituency in Eastern Region is currently facing confusion amid speculation that the suspended parliamentary primary might be conducted on Saturday, February 3, 2024. Delegates have expressed concerns, stating that the earlier decision to suspend the primary was communicated through a public press release by the National leadership, while the rumored rescheduling is being ...

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Constantly ousting experienced MPs not good for our democracy – Kyei-Mensah-Bonsu

Majority Leader Osei Kyei-Mensah-Bonsu has said he is “worried” about the New Patriotic Party, the Parliament of Ghana, and the country’s democracy due to the exit of many experienced MPs from the legislature. “The longer a person stays in parliament, the better the performance of that person”, the Suame MP who voluntarily opted out of this year’s race, told state-own ...

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‘Unfortunate’ Mali, Burkina Faso, Niger breakaway’ll be ‘negative’ for their people – Akufo-Addo

The “unfortunate” decision by Mali, Burkina Faso, and Niger to withdraw from the Economic Community of West Africa States (ECOWAS) “is going to be very negative for the populations there”, Ghanaian leader Nana Akufo-Addo has said. The former ECOWAS chair, however, said the regional bloc “is yet to meet” on the withdrawals. “It happened on Sunday, and we are waiting ...

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