NEWS

Petroleum Hub to bring development, create jobs – CEO

The Chief Executive Officer of the Petroleum Hub Development Corporation (PHDC) Mr. Charles Owusu has led his operations and technical team to update the Chiefs, Queen Mothers, Western Regional Minister, Municipal Chief Executive, Staff of the Regional Coordinating Council, opinion leaders, youth groups, students and members of the forty-six communities under Western Nzema Traditional Area, on the progress of work ...

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Prof. Ato Duncan receives Peace Ambassador award

CEO of COA Research and Manufacturing Company limited, Prof. Samuel Ato Dunan has been honored with the global humanitarian peace award. The award which aims to honour outstanding personalities for their contributions to peace and conflicts resolution as well as poverty eradication was given by the united international peace and governance council of Africa. Prof. Ato Duncan who is also ...

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Provide data on actual number of investors involved in debt exchange – Govt told

South Dayi Member of Parliament Rockson Nelson Dafeamekpor has said the government has not been able to provide data on the actual number of investors involved in the Domestic Debt Exchange Programme. He questioned the source of the government’s claim that the programme has reached 80 per cent participation. The Minister of Finance, Ken Ofori-Atta, had targeted over 80 percent participation amid agitations ...

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‘Gabby can call me paranoid, but I don’t care’ – Sophia Akuffo back to picket Finance Ministry

Former Chief Justice Sophia Akuffo says the President’s cousin, Gabby Asare Otchere Darko, can call her paranoid regarding the Domestic Debt Exchange Programme (DDEP) but she cares less. She does not appear satisfied with the justifications given by the Finance Ministry for the inclusion of pensioners in the debt exchange programme. Madam Akuffo is back at the premises of the ...

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‘Why protect future pensioners but sacrifice pensioners in DDEP?’

Individual pension bondholders have questioned the propriety of the government’s decision to exclude the pension funds of prospective retirees from the Domestic Debt Exchange Programme while refusing to exempt those of individuals who are already retired. Speaking on Joy FM’s Super Morning Show, a retired Civil Engineer, Ing. Seth Ahene called for the same exception to be given individual pension ...

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DDEP: Government achieves more than 80% participation

Government is said to have achieved more than the 80% target needed for the Domestic Debt Exchange Programme (DDEP). The programme is part of the requirements before Ghana can secure an economic bailout of about $3 billion from the International Monetary Fund (IMF). Some persons close to the team who worked on the programme told Joy Business the target was ...

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Ignore Dr Kwakye and co, Bank of Ghana stepped in to prevent economy from destabilizing – Financial Analyst

A financial analyst, Johnson Annan has called on Ghanaians to ignore the commentaries by the Director of Research at the Institute of Economic Affairs (IEA),Dr. Kwakye and others who have criticized the Bank of Ghana(BoG) for supporting government expenditure in 2022. The BoG received flak from critics including Dr Kwakye who said the central bank’s action was wrong. But Mr ...

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