The Ministry of Energy has responded to assertions by a former Minister of Power, Dr Kwabena Donkor, that Ghana is likely to return to the period of erratic power supply, popularly known as dumsor if efforts are not made by the government to add to the generation capacity within two years. “In line with our projected demand and the prudent ...

The Bank of Ghana (BoG) has cautioned persons pricing goods and services in foreign currencies to desist from such practices or have themselves to blame. According to the apex bank, such practices breach the Foreign Exchange Act, 2006 (Act 723) which prohibits companies and institutions from pricing, advertising, receipting, or making payments in foreign currencies in Ghana. The central bank ...

This weekend an Algerian was sent back from Guantanamo to Algeria. For 20 years he was imprisoned without a court order or judgement in any court of this world. He was one of around 800 prisoners in Guantanamo on the island of Cuba. A few years back two of the Guantanamo prisoners were forced onto Ghana and former President John ...

Kenyan motorists endured another day of major fuel shortages on Monday, with hours-long queues and strict rationing at petrol stations as pumps across the country ran dry. The government blamed hoarding and panic buying for the snaking lines at bowsers that worsened over the weekend, but oil dealers said they were owed outstanding subsidy payments from the state. “If you ...

A former Minister of Power, Dr. Kwabena Donkor, says Ghana risks returning to the dreaded days of erratic power outages known as ‘dumsor’ in the next two years if government fails to address the issue of power generation capacity. He contends that despite the fast-growing rate of power demand and consumption, there has not been a commensurate increase in supply ...

British-Swedish pharmaceutical company AstraZeneca announced on Monday its antibody-drug Evusheld, which is taken pre-emptively to prevent Covid-19, has been approved in the European Union. The treatment, administered in two injections, can be taken by adults and adolescents above the age of 12. In clinical trials, the drug reduced the risk of developing symptomatic Covid-19 by 77% compared to the placebo, the company said ...

President Akufo-Addo has called on all and sundry to throw their weight behind the Ministry of Lands and Natural Resources in the fight against illegalities in the natural resources sector, particularly the fight against illegal mining and also support the Green Ghana project. Addressing citizens during his 2022 State of the Nation Address (SONA) on March 30, 2022, the President ...

Ghana’s leader Nana Addo Dankwa Akufo-Addo says despite the far distance of the crisis in Eastern Europe, where Russia has launched an invasion on neighbours Ukraine, Ghana is feeling the effects. He said the Russia-Ukraine crisis, which began on Thursday, February 24, has had an indirect impact on the economy of Ghana in one way or the other. Addressing Parliament on Wednesday, ...

President Akufo-Addo has admitted for the first time that the timeline given by his government for the construction of all hospitals under the government’s Agenda 111 project, was overly ambitious. The President, who said this in parliament on Wednesday, March 30, 2022, when he delivered the State of the Nation Address, said the projects will be completed before January 7, ...

The government has committed to further spending cuts amid the rising cost of living and growing sense of economic hardship. These new measures will be in addition to the ongoing 20 percent expenditure cut as part of fiscal stabilization and debt sustainability measures. Members of the Council of State also voluntarily cut their monthly allowances by 20 percent till the ...