POLITICS

President Nana Akufo-Addo has donated a sum of 450,000 CFA to stranded Ghanaian drivers at the Seme-Krake Border of Nigeria and Benin. Deputy Minister of Trade and Industry, Carlos Ahenkorah, made the donation on behalf of the President. The money is to help ease their financial burden as the Nigerian and Ghanaian authorities dialogue over the reopening of Nigeria’s borders. ...

Member of Parliament (MP) for Assin Central, Kennedy Agyapong, has made serious allegations against the Bank of Ghana-appointed receiver for defunct financial institutions, Eric Nana Nipah of Price Waterhouse Coopers (PWC), MyNewsGh.com has filed. The NPP MP is of the firm conviction that Eric Nipa is working in the interest of the opposition National Democratic Congress(NDC) and must be sacked ...

Government has called on angry members of the Ghana Union of Traders Association (GUTA) who are locking Nigerian shops in Kumasi to be cautious as the action could trigger a bigger trade impasse between the two nations. According to Deputy Trade minister Carlos Ahenkorah, the sheer size of Nigeria’s economy requires that some amount of tact is applied when dealing ...

Finance Minister Ken Ofori-Atta has affirmed that Ghana as a country needs money and every citizen of this country can attest to it. The Minister who was speaking on Citi TV’s ‘Point of View’ Wednesday evening indicated that the Akufo-Addo led administration met a budget deficit of 9.3% from the erstwhile Mahama government. He said, “You can’t get away from ...

President Akufo-Addo has reiterated his government’s commitment to maintaining financial stability and discipline in the management of the Ghanaian economy even in the upcoming election year. Speaking at the Tank Palace Hotel on the theme, “Sustaining Financial and Economic Stability: the Key Priorities” at the 2019 edition of the Ghana Economic Forum, President Akufo Addo, indicated that his commitment to ...

Energy expert Dr. Charles Wereko-Brobby has advised government to place ECG on the Ghana stock exchange following the failed concession deal with PDS. In his view, such a move will take the power distribution company out of the direct control of government and therefore ensure transparency and efficiency in management. “Placement on the Ghana stock exchange will address the issues ...

The Takoradi Constituency Treasurer of the ruling NPP, Mark Ofori, has been shot dead. Mr. Ofori was shot in his house at Fijai, a suburb of Sekondi in the Western region by some unknown assailants. The development has thrown the party into a state of shock, grief and mourning as various social media platforms have been awash with condolences to ...

The Institute for Fiscal Studies (IFS) has appealed to the Akufo-Addo government to ‘slow down’ on its desire to deliver on campaign promises as it is hurting the economy. According to the economic think tank, the finances  of the economy is not in the position to support the delivery of the numerous promises the NPP  made during the 2016 electioneering. ...

Second Deputy Speaker of Parliament, Alban Bagbin has revealed he played a significant role in John Mahama’s ascent to the Jubilee House. According to the Nadowli Kaleo MP, he convinced the former President of his chances at the top job at a time when he [Mahama] himself wasn’t keen. “I invited him [Mahama] in 2005 and discussed it with him,” ...

Ghanaian-Lebanese and sympathizer of the ruling New Patriotic Party (NPP) with close links to the presidency, Fadi Daboussi has called on the United States to shove their $190m PDS grant in support of the Ghana Power Compact into their backside. He was reacting to a news story that the U.S $190 million grant for PDS is no longer available after ...