Majority caucus in Parliament anger has been heightened following oversight responsibility given to the embattled Finance Minister, Ken Ofori-Atta as caretaker Minister of the Ministry of Trade and Industry by President Nana Addo Dankwa Akufo-Addo The caucus would be holding a crunch meeting when parliament returns from recess to determine their next line of actions on their demand for the ...
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Individual bondholders petition Ofori-Atta for exclusion from DDE
Individual bondholders in Ghana have petitioned the Minister of Finance, Kenneth Ofori-Atta, to exclude them from government’s Domestic Debt Exchange Programme. According to them, their inclusion in the Programme since the notice was served on Saturday, December 24, 2022 has been “extremely unsettling and catastrophic for our membership and all others affected”. They are, therefore, urging Mr Ofori-Atta to grant ...
Read More »NDC Nat’l Chairman Asiedu Nketia leads reconciliation in A/R
National Chairman of opposition National Democratic Congress (NDC) Johnson Asiedu Nketia says concerns of misunderstandings that are leading to division among party members are being resolved in a harmonious manner. Leadership of the party including national and regional executives, and also Council of Elders have been meeting in Kumasi to reconcile feuding factions in the party. This, according to Asiedu ...
Read More »Akufo-Addo intervenes in dismissal of 8 Chiana SHS students – Education Ministry
President Akufo-Addo has intervened in the dismissal of the eight female students of China Senior High School. A statement from the Education Ministry on Friday revealed that the President made the move after his attention was drawn to it. Accordingly, the Minister for Education, Dr Yaw Osei Adutwum has directed Ghana Education Service (GES) to revise its decision, the statement ...
Read More »NPP Primaries: Money first, you can’t be broke and contest – Amoako Baah
A Political Scientist at the Kwame Nkrumah University of Science and Technology (KNUST) Dr Richard Amokao Baah has said persons seeking to contest in the internal elections of the governing New Patriotic Party (NPP) and other political parties ought to have the wherewithal to push their agenda through. Anyone seeking to contest in the polls but does not have enough ...
Read More »Refusing debt exchange programme will bar bondholders from benefiting – Finance Ministry restates position
The Ministry of Finance has restated that eligible bondholders who refuse to participate in government’s debt exchange programme will not benefit from the new arrangement outlined by government in case there is default in payment. Government, is seeking an International Monetary Fund Programme that requires a debt restructuring before a deal could be reached with the Bretton Wood institution. Bondholders ...
Read More »‘Even the bankers don’t know what is going on’ – Individual bondholders on debt exchange
The government’s debt exchange programme is experiencing strong pushback from individual bondholders who say the government has not provided them with the requisite information to make an educated decision. According to some individual bondholders interviewed on JoyNews’ PM Express, the government has intentionally held back information, and instead is coercing them into signing onto the exchange blindly. One bondholder, Samuel ...
Read More »Dr Afriyie Akoto likely to resign as Agriculture Minister
JoyNews sources say that Minister for Food and Agricultural Minister, Dr Owusu Afriyie Akoto may tender his resignation today. This comes four days after Trade Minister, Alan John Kwadwo Kyerematen, resigned from the government. It is not clear yet the rationale behind Dr Akoto’s expected move. Presidential Affairs correspondent, Elton Brobbey, says the Minister is expected to meet President Akufo-Addo ...
Read More »Minority kicks against plans to increase govt machinery staff by 1,570
The Minority in Parliament has rejected plans by government to increase government machinery personnel by 1,570 people. The group says this number is contained in the 2023 budget statement. The Minority said it is unacceptable to increase government machinery staff to 3,681 at a time when there is an announced freeze on public sector employment. The passage of the budget ...
Read More »Ghanaian nurses to work in UK under new deal – Agyemang Manu
The Health Minister, Kwaku Agyemang Manu, has revealed that engagements are underway to send trained Ghanaian nurses to the United Kingdom (UK) to work. According to him, there is an ongoing bilateral contract with the British government in exchange for financial consideration. During the 2023 Budget debate in Parliament on Monday, the Dormaa Central legislator said the agreement will be ...
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