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Business Regional
President Nana Addo Dankwa Akufo-Addo, on Thursday, 8th December 2022, commissioned a new state-of-the-art Dry Bulk Terminal and the Atlantic Terminal Services Multipurpose Container Terminal, as well as the Prime Meridian Dock Company’s Floating Dry-dock at the Takoradi Harbour in the Western region. The President also cut the sod for work to commence on the […]Continue Reading
Business General
The Chief Executive Officer of IMANI Africa, Franklin Cudjoe, says the government of Ghana has not shown any seriousness in dealing with the prevailing economic crisis. According to him, reports from meetings on the government’s planned debt exchange programme does not suggest in any way that the government is committed to tackling the economic crisis […]Continue Reading
Business General
Bolgatanga Central Member of Parliament, Isaac Adongo has explained why the Minority Caucus did not resist the first-stage of the approval process for the 2023 budget and government policy. The document was presented by Minister of Finance Ken Ofori-Atta on November 24 and after two weeks of debate was approved on December 6, 2022. Unlike […]Continue Reading
Business General
Finance expert, Joe Jackson, has asked the government of Ghana bondholders to accept the conditions of the debt exchange programme recently announced by the Minister for Finance, Ken Ofori-Atta. The Government of Ghana on Sunday, December 4, 2022, announced a Debt Restructuring Programme asking institutional bondholders to voluntarily exchange their existing bonds for new Continue Reading
Business Regional
Vice President, Dr. Mahamudu Bawumia has said Ghana is on the verge of running one of the most digitalised healthcare systems in Africa with many digital interventions scheduled to be fully nationally on stream by the end of 2024. According to Dr. Bawumia, this has become possible due to the several digital interventions introduced since 2017, as […]Continue Reading
Business
Minister for Finance, Ken Ofori-Atta has stated that the alternative to the government’s announced Debt Exchange Programme is one that would be far detrimental to the economy. Speaking at a press conference on Monday, December 5, 2022, the minister said an alternative to the recently outlined Domestic Debt operation would lead to instability for the […]Continue Reading
Business
Since the deployment of Social Security and National Insurance Trust (SSNIT) electronic services [mobile money services] two months ago, there has been a considerable increase in usage, Dr. John Ofori-Tenkorang, Director-General of SSNIT has said. SSNIT adopted mobile money services as part of measures to enhance service delivery. With the new services, members can pay Continue Reading
Business
Finance Minister Ken Ofori-Atta has assured that treasury bills (T-bills) are exempted from government planned debt exchange programme. He gave the assurance in a statement issued on Sunday, December 4, 2022.According to Mr Ofori-Atta, small investors, individuals and other vulnerable groups who have invested in T-bills are exempted from the debt exchange exercise. Continue Reading
Business Politics
Member of Parliament for Ajumako-Enyan-Esiam, Cassiel Ato Forosn has said that the government is going to announce what he believes is debt restructuring tomorrow Monday December 5. He described the yet-to-be announced programme as “dreaded.” “I am hearing the announcement of Ghana’s dreaded Debt restructuring programme will be made tomorrow! Never again should Ghana allow Continue Reading