POLITICS

The Minority Leader in Parliament, Dr. Cassiel Ato Forson has called on the Ghanaians to stand up against the government’s new import restriction regulation. Addressing the media during the Moment of Truth series by the National Democratic Congress (NDC) Headquarters in Accra on Wednesday, Dr. Forson stated that the move by the government is against the International Monetary Fund (IMF) ...

Parliament is set to conduct a headcount vote during the approval of the 2024 budget. This is expected to take place today, Thursday, 7 December 2023. Speaker of Parliament Alban Bagbin made the announcement after a voice vote in favour of the Majority led to a challenge from the Minority Caucus, prompting a walkout by the Majority on Wednesday, 29 ...

A senior lecturer at the Economics Department of Accra Technical University (ATU) in the Greater Accra Region has acknowledged that the Minority’s ‘Occupy BoG Demo’ has spurred the management of the central bank into action. Dr Daniel Osabutey commended the Bank of Ghana (BoG) for addressing concerns raised during the demonstration regarding the institution’s perceived wasteful expenditures. Dr Osabutey expressed ...

Inspector-General of Police George Akuffo Dampare has assured the Chairperson of the Electoral Commission, Mrs Jean Mensa, that the security agencies are committed to ensuring a peaceful and incident-free 2024 election, emphasising the continuity of the peaceful electoral environment since he assumed office. Speaking at a national election security task force meeting, Dr Dampare pledged protection for all involved in ...

The Minority Leader Dr Cassiel Ato Forson has said that Ghana does not have the capacity to produce most of the 22 items that have been captured under the Import Restriction Legislative Instrument (L.I). For instance, he said, Ghana cannot produce the quantity of sugar for local consumption. To that end, he said the L.I, if passed in its current ...

Recapitalisation by banks in 2018/19 and the clean-up process from 2017 to 2019 were meant to position the banking sector to withstand shocks such as what emerged in 2020 and 2022, Bank of Ghana Governor Ernest Addison has said. According to him, the 2022 audited financial statements of banks, following the Domestic Debt Exchange Programme (DDEP), pointed to “significant” impairments ...

Member of Parliament for Buem, Kofi Adams, has called for a thorough investigation into illegal small mining (Galamsey) to uncover the financiers of the illegal miners. He noted that the illegal miners who usually get arrested in the pit do not have the wherewithal to procure the heavy-duty equipment used in the illicit mining practices. The real financiers are hiding ...

Since the inception of the Domestic Gold Purchase Programme (DGPP), the Bank of Ghana has purchased 17.89 tons of gold, equivalent to $1.14 billion. This is more than double the level of the Central Bank’s gold reserves and well ahead of the initial target of the programme. According to the Governor of the Bank of Ghana, Dr. Ernest Addison, the ...

Bank of Ghana Governor Ernest Addison has said the central bank deserves an “applause” for being resilient enough to support the economy during the 2022 crisis. Speaking at the Chartered Institute of Bankers’ Governor’s Day, Dr Addison said the role of the central bank in ensuring the economy did not buckle under the weight of the crisis weas commendable. Central ...

The National Democratic Congress (NDC) flagbearer, John Dramani Mahama, pleasantly surprised his former presidential contender, Dr Kwabena Duffuor, with an unannounced visit. The unexpected meeting involved in-depth discussions and strategic planning for the upcoming 2024 general elections, with the former President accompanied by NDC General Secretary Fiifi Fiavi Kwetey and other national executives. John Mahama shared the news of the ...