NEWS

Minority has stabbed me in the back – K.T Hammond on pre-laying of L.I to restrict imports

The Minister of Trade and Industry, Kobina Tahir Hammond, says he has been betrayed by the Minority in Parliament over the laying of the Legislative Instrument (L.I) to restrict the import of some strategic products. Speaking in an interview with JoyNews’ Evans Mensah on Monday, November 27, Mr Hammond noted that a consensus was reached with the Minority side for ...

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There’ll be new Employment Act for 24-hour economy – Mahama

A new Employment Act, which will, among other things, set out the regulatory framework for a 24-hour economy, will be passed in consultation with Organised Labour, the Association of Ghana Industries and other relevant stakeholders, as part of the implementation of an all-day-all-night economy, former President John Mahama has sexplained in a FAQs document about his proposal. He said the ...

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GCAA grants McDan Aviation commercial air career licence

McDan Arlines now has a commercial air career licence granted by the the Ghana Civil Aviation Authority (GCAA). Speaking at a ceremony to present the licence, the deputy director-general of the GCAA, Mr Daniel Acquah, said: “McDan’s acquisition of a commercial air carrier licence signals a major leap forward in Ghana’s aviation sector”. “We believe that their unique approach and ...

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$3bn deal: IMF boss lauds Ghana for strong policies

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva has lauded Ghana for strong policies that ensured a successful first review of the $ 3 billion deal. Madam Georgieva said this in a tweet after Meeting President Nana Addo Dankwa Akufo-Addo at the Compact with Africa (CwA) Conference on Tuesday, November 21. “Pleasure meeting with President@NAkufoAddo  at #CwA. I praised Ghana’s strong policies that allowed reaching staff-level agreement on the ...

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Mahama Ayariga petitions Parliament to probe delayed funds disbursement to aggrieved Gold Coast Fund customers

The Member of Parliament for Bawku Central, Mahama Ayariga has petitioned Parliament to address the prolonged delay by the government in releasing funds to an estimated 61,000 customers of Blackshield Capital Limited, formerly known as Gold Coast Fund Management (GCFM). Mr Ayariga presented the petition on behalf of Charles Nyame (convenor), Bernard Agyekum, Nathaniel Mensah, David Opoku, and Rosemond Mensah ...

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Running mate: The process to select will start next year – Mahama

Flagbearer of the National Democratic Congress (NDC), Former President John Dramani Mahama, has said that the process to select his running mate for the 2024 general elections will start next year. He explained that per the rules of the party, the presidential candidate, national executives, and council of elders of the NDC will have to come together and select the ...

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NAM1 paid ¢2.5m not ¢5m as deposit to pay customers – AG

The government has refuted claims made by the Chief Executive Officer of the defunct Menzgold Ghana Limited, Nana Appiah Mensah, also known as NAM1, regarding a purported GHS5 million deposit with the Ghana Police Service for the benefit of customers. In a statement, NAM1 asserted that he had handed over GHS5 million to the Ghana Police Service on Friday, 20 ...

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35.2% inflation is enough to drop prices – Gatsi

Dean of the Business School at the University of Cape Coast, Professor John Gatsi, has said that the current rate of inflation is enough to ensure a downward trend in the prices of goods and services. The inflation rate for the month of October, 2023 dropped to 35.2 percent, the Government Statistician Professor Samuel Annim announced. The old rate was 38.1 percent as at September, 2023. The decrease ...

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