NEWS

The Chief Executive Officer of Dalex Finance has begged President Akufo-Addo to urgently take the decisive measures required to address the current economic crisis the country is facing. According to Ken Thompson, there is a looming poverty characterised by business closures with job losses should the President fail to act. In an interview with Citi TV on Tuesday, November 1, ...

Black Stars defender, Alexander Djiku has returned to full training with Strasbourg after recovering from a hamstring injury. The 28-year-old picked up the injury last month in his side’s 2-2 draw against Toulouse. Djiku also missed out on the team’s game last weekend against Olympique Marseille, leading many to raise concerns about the severity of the injury ahead of the ...

The Member of Parliament for Yapei Kusawgu John Jinapor has asked the government to use parts of the petroleum resources to subsidize fuel. He also said the government can rely on accumulated funds from the Price Stabilization Recovery Levy, to support Ghanaians in this difficult moment. Addressing a press conference on the rising cost of fuel in Ghana, in Parliament ...

Political Science Lecturer at the Kwame Nkrumah University of Science and Technology, Dr. Richard Amoako Baah has called on Ghanaians to pile pressure on President Akufo-Addo to resign or risk the worst economic situation. This comes after President Akufo-Addo’s decision not to sack his Finance Minister, Ken Ofori-Atta despite calls from some CSOs and other critics alike for the President ...

The Director of Research at the Institute of Economic Affairs (IEA) Dr John Kwakye has called for urgent interventions by the Bank of Ghana (BoG) and the Ministry of Finance to stop the woes of the Cedi. The Cedi has been reported by Bloomberg to be the world’s worst-performing currency this year as investors continued to squeeze foreign capital to ...

The Coalition for Cocoa Sector Reforms (CCSR) GH has called on the government to impress upon the Ghana Cocoa Board (COCOBOD) to reconsider the 2022/23 producer price announced else, the impact of the ¢800 per bag of cocoa beans recently announced will be very damaging to the industry. The government through the Ministry of Agriculture recently increased the producer price ...

President Akufo-Addo has reiterated that calls for him to sack the Finance Minister are unjustified. Speaking on Kumasi-based OTEC FM on Monday, President Akufo-Addo said there is absolutely no basis for him to relieve the Minister of his position. Lands For Sale There have been several calls from some CSOs and other critics alike for the President to sack the ...

President Nana Addo Dankwa Akufo-Addo, on Sunday, 16th October 2022, commissioned the 330 kilovolt Kumasi to Bolgatanga Transmission Line Project, at the commencement of his four-day tour of the Ashanti Region. The project, which is an integral part of the West Africa Power Pool Project, seeks to reinforce the Ghana Transmission System, and ensure the export of at least 100 ...

The New Patriotic Party (NPP) has observed that President Nana Addo Dankwa Akufo-Addo has been taken out of context when he said he was not scared of the threats to vote against the New Patriotic Party (NPP) in the 2024 elections. A short statement issued by a Deputy Communications Director of the governing party, Ernest Owusu-Bempah after Mr Akufo-Addo’s comment ...

Information Minister Kojo Oppong Nkrumah has said negotiations between the Government of Ghana and the International Monetary Fund (IMF) for a programme, have not stalled. He explained that usually, it takes between six to nine months for a porgramme under the Fund to be sealed. Mr Oppong Nkrumah was reacting to a comment by the Director of Research at the ...