The International Monetary Fund (IMF) has cautioned governments around the world to exercise fiscal restraints in order not to reserve sound public funds. In 2024, a record number of countries, home to more than half of the world’s population, are holding national elections., the Fund said. It added that history shows governments tend to spend more and tax less during ...

The Director of Communications of the Electricity Company of Ghana (ECG) has revealed that the company incurred serious losses in the last two months due to the upgrading of its prepaid metering system. William Boateng stated that between July and August 2024, ECG recorded a revenue shortfall of over GH¢893,158,654. In an interview with Graphic Online, Mr Boateng blamed the ...

Flagbearer of the National Democratic Congress (NDC) John Dramani Mahama, has called on African leaders to tackle challenges threatening democratic governance on the continent. Delivering a keynote address at the Nigerian Bar Association’s 64th Annual General Conference in Lagos, Mahama highlighted Ghana’s struggles with democratic governance, citing a recent Afrobarometer survey. The survey revealed a growing trend of disillusionment with ...

The National Petroleum Authority (NPA) has revoked the licenses of 13 Oil Marketing Companies (OMCs). It follows the inability of the firms to settle debts owed industry regulators like the NPA, Ghana Revenue Authority and the Bulk Oil Storage and Transportation Company.  The funds are said to be running into more than GH₵200 million.  These are monies that have been ...

After years of anticipation, Ghana’s Parliament has finally passed the Affirmative Action Bill, which has been under deliberation since 2011. The bill, now awaiting presidential assent, has generated significant discussion, with calls from civil society organisations (CSOs), gender activists, and other stakeholders who have long advocated for its passage.  Why has this bill received so much attention, and what does ...

Farmlands along the Kubore river in the Upper East region have been completely submerged following the spillage of the Bagre dam coupled with some heavy rainfall in the area. The annual spillage of the Bagre dam in Burkina Faso causes considerable damage to farms and properties in the Northern part of the country especially in the Upper East and North ...

The Ministry of Food and Agriculture (MoFA) has acknowledged that it did not anticipate the severity of the ongoing drought currently affecting northern Ghana. Farms in the region have been severely impacted by over a month and a half of drought, prompting farmers to call for urgent government intervention. Tanko Bagbara, Head of Public Relations at MoFA, stated that while ...

The swift spread of a new virulent strain of the mpox virus across Africa triggered the World Health Organization (WHO) to declare it once again a public health emergency of international concern last week. But, what is it, where did it come from and how can the world deal with the threat, which inevitably raises the spectre of pandemics past such as COVID-19 and ...

The Auditor General’s Report on public accounts has highlighted an issue concerning the poor recovery of loan receivables by the government. According to the report, a staggering GH¢61 billion remains outstanding, representing 99.93% of the total loan receivables for the year ending December 31, 2023. The report underscores the importance of effective cash management, particularly the need for well-defined recovery ...

President Nana Addo Dankwa Akufo-Addo, has underscored the pivotal role of technology, education, and health in driving Africa’s transformation. Speaking at the 5th anniversary of the Council on Foreign Relations Ghana, the President delivered a speech on the theme “The Limits of the Current Development Co-operation Framework for Africa’s Transformation,” highlighting the need for investments in these critical sectors to ...