Finance Minister, Dr Mohammed Amin Adam says Ghana’s economy is demonstrating formidable signs of a comeback. During a press briefing on Monday, July 1, Dr Adam highlighted the positive economic indicators for the first quarter of 2024, suggesting a favourable outlook for the rest of the year. “Growth, as we’ve heard from the previous two distinguished speakers, is proving to ...
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Cedi: Stop inciting speculations – Finance Minister tells Adongo
The Finance Minister and Member of Parliament for Karaga, Dr Mohammed Amin Adam, has accused the Minority in Parliament of fueling speculations on the Cedi. He urged the opposition lawmakers to provide constructive criticisms and ideas to the government to complement the ideas that are already being pursued. His comments come at a time when Bolgatanga Central lawmaker Isaac Adongo ...
Read More »Petrol price to go up 2%, LPG by 5% from July 1, 2024 – IES
The price of petrol is expected to go up by 2.0% from July 1, 2024, for the next two weeks, the Institute for Energy Security has revealed. At the same time, the price of diesel will surge by 4.0%, whilst that of Liquified Petroleum Gas (LPG) will shoot up by 5%. The expected increase in fuel prices is due to ...
Read More »Election 2024: Curse be unto you if you cause violence or take money to rig elections – Archbishop Duncan-Williams
Founder and General Overseer of Action Chapel International, Archbishop Nicholas Duncan-Williams has cautioned against any attempt of rigging and causing violence in the upcoming December polls. Speaking at Joe Mettle’s Praise Reloaded concert in Accra on June 30, the revered man of God invoked curses on any individual who will perpetuate violence or take bribe in an attempt to change ...
Read More »NDC alleges plot to remove IGP for election rigging, issues warning
The opposition National Democratic Congress (NDC) has warned sternly against any plan to remove the Inspector General of Police, Dr George Akuffo Dampare from office. This comes in response to reports suggesting that the IGP had been asked to proceed on forced leave and hand over his duties to his deputy, Christian Tetteh Yohuno, allegedly linked to the 2023 leaked ...
Read More »Finance Minister to appear before Parliament on National Cathedral project expenditure
The Minister for Finance is scheduled to appear before Parliament this Wednesday, July 3, 2024, to address an urgent question from Deputy Majority Leader Patricia Appiagyei on the expenditure of the National Cathedral project. According to Majority Leader Alexander Afenyo-Markin, the Minister will be asked to provide details on the expenditure for the National Cathedral project and whether a value-for-money ...
Read More »Bawumia unites Opoku Prempeh and Wontumi ahead of running mate announcement
Vice President and New Patriotic Party (NPP) presidential candidate for election 2024, Dr Mahamudu Bawumia, has successfully mediated the differences between Bernard Antwi Boasiako (Wontumi), the Ashanti Regional Chairman of the NPP, and Dr Matthew Opoku Prempeh (Napo), NPP Member of Parliament for Manhyia South and Minister for Energy. The longstanding issues between Wontumi and Napo within the NPP in ...
Read More »NDC accuses NPP of undermining Ghana’s independence gains ahead of 2024 elections
The National Democratic Congress (NDC) has launched a fierce attack on the New Patriotic Party (NPP), accusing the ruling government of betraying Ghana’s post-independence ideals and stalling the nation’s progress. Commemorating Ghana’s transition to a Republic on July 1, 1960, Fifi Kwetey, the NDC’s General Secretary, condemned the NPP administration for its perceived failures in economic management and governance. Speaking ...
Read More »‘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 ...
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