NEWS

There is a need for an urgent national dialogue on how to rescue the cedi, Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has said. He observed that the official exchange rate has moved from 4.20 at the end of 2016 to 15.09 as of 9 August 2024, implying cumulative depreciation of 72% during the ...

A Deputy National Communications Director of the governing New Patriotic Party (NPP), Mr George Krobea Asante, has announced that the next government led by Dr. Mahamudu Bawumia would abolish the 10% Value-Added Tax (VAT) on betting. This move, he says, is aimed at alleviating the economic burden on the youth and boosting the economy. The Ghana Revenue Authority introduced the ...

The Chief of Akyem Wenchi and Oseawuohene, Daasebre Dr. Asumadu Appiah, has said despite ongoing efforts to curb the practice of illegal mining popularly called ‘galamsey,’ the youth of his community and surrounding areas are not likely to stop. According to the chief, the practice remains the sole source of employment for the youth hence, despite efforts to eliminate the ...

Gold Fields is set to buy Osisko Mining for $1.57 billion, giving the South African company full control of the Windfall project in Canada. Under the deal Gold fields is offering 4.90 Canadian dollars in cash for each Osisko share held. The price is a 67% premium to its closing price of 2.94 Canadian dollars on Friday. “Over the past ...

The Electoral Commission (EC) will, for the first time, publish on its website the guidelines for the conduct of the 2024 presidential and parliamentary elections for the resolution of any irregularities that may occur during the counting and collation process. They include the handling of over-voting, mismatched reconciliation and incomplete or incorrectly filled-in results forms. Context In every election, the ...

The flagbearer of the National Democratic Congress (NDC), John Mahama will today launch the youth manifesto ahead of the December 7 election. The launch, which will take place at the University of Professional Studies, Accra (UPSA), forms part of youth-centered activities to commemorate the 2024 International Youth Day on August 12. In an interview on Adom FM’s Dwaso Nsem, the National Youth Organiser, ...

A leading member of the New Patriotic Party (NPP) Gabby Otchere-Darko has said that there is another case in the United States involving a senior staff of an international bank who was allegedly compelled to pay bribes in order to secure a take-or-pay power contract for a Turkish company under the John Mahama administration.  He said this after challenging the ...

The Vice President of Ghana and 2024 Presidential Candidate of the governing New Patriotic Party (NPP), Dr Mahamudu Bawumia, is advocating for extensive changes in the way driver’s licenses are renewed. Unlike Ghanaian passports which are currently renewed every ten years, driver’s licenses are renewed every two years. According to the Driver and Vehicle Licensing Authority (DVLA) which is mandated ...

A leading member of the New Patriotic Party (NPP) Gabby Otchere-Darko has challenged the National Democratic Congress (NDC) and their flagbearer Former president John Dramani Mahama to name one clear case, not mere allegation, against Akufo-Addo, his family members or appointees that come anywhere remotely close to this Airbus case. He asked them to put the Airbus case side by ...

The Ministry of Trade and Industry, K T Hammond has successfully laid the controversial LI seeking to regulate prices of cement in Parliament. According to the Minority Chief Whip Governs Kwame Agbodza explained the Price Control element has been taken out and in its place price reporting. According to the Adaklu MP the concerns of MPs and industry players have ...