Individual Pension Bondholders are picketing at the Ministry of Finance Monday morning, demanding that they should be exempted totally from the ongoing Domestic Debt Exchange Programme. About 50 of the bondholders wearing red armbands have thronged the Ministry’s premises with placards to register their displeasure over their expected inclusion in the programme. According to convener of the group, Dr Adu ...
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UN Message to Ghana on Mental Health Care
United Nations member countries have urged the Ghanaian government to address the shackling and inhumane treatment of people with mental health conditions in Ghana, Human Rights Watch said today. These recommendations were made on January 24, 2023, at the Human Rights Council’s Universal Periodic Review of Ghana.“Ghana has failed to meet its own commitment to protecting the rights of people with psychosocial disabilities who are held in shackles ...
Read More »Ghana paid cash for 40,000 tons of oil instead of gold – Egyapa Mercer confirms
The deputy Energy Minister, Andrew Egyapa Mercer, has confirmed that the initial consignment of 40,000 tons of oil brought into the country under the Gold-for-oil policy was purchased with cash and not gold as widely claimed by the Vice President, Dr Mahamudu Bawumia. His disclosure comes after several calls by Industry experts such as the Institute of Energy Securities and ...
Read More »Four West African nations get $311 million from World Bank for renewables
The World Bank has signed an agreement with four West and Central African nations worth $311 million to fund renewable energy projects. The funds will finance around 106 megawatts (MW) of solar power generation capacity with battery energy and storage systems, and 41 MW expansion of hydroelectric capacity. The countries are Sierra Leone, Liberia, Togo, and Chad. The funds will ...
Read More »EC plans voter registration on Feb. 16 ahead of district-level elections
The Electoral Commission, Ghana (EC) is considering Thursday, February 16 for its planned continuous registration ahead of the district level and unit committee elections later this year. Per the timetable for the EC, as sighted by 3news.com, two meetings of the Inter-Party Advisory Committee (IPAC) should be held before the date is confirmed. The Commission also intends to set up regional and district ...
Read More »Equatorial Guinea appoints its first female prime minister
Equatorial Guinea’s President Teodoro Obiang Nguema on Tuesday appointed his vice-minister of education, Manuela Roka Botey, as prime minister, the first time a woman has held the role in the West African country. Botey’s new position was announced on state television late on Tuesday. Obiang, 80, was re-elected for a sixth term in office in November with 95% of the vote, cementing ...
Read More »Fuel prices expected to jump in February – IES projects
Prices of fuel at the various pumps is expected to inch higher in the first pricing window of February, says the Institute for Energy Security (IES). Per projections made by the IES, prices of diesel, petrol, and LPG will go up by some 7% to 13%. According to the IES, the anticipated price increase follows a market rise in the ...
Read More »Africa loses $88bn annually through illicit financial flows – Akufo-Addo
President Nana Akufo-Addo has called for the use of tax policies, among others to check illicit financial flows out of the continent. The president said illicit financial flows cost Africa close to 100 billion dollars which denies the continent the needed resources to facilitate growth and development. Speaking during the closing session of the maiden African Prosperity Dialogues dubbed, ‘the ...
Read More »Ghanaian civil society calls on private lenders to cancel external debt
A group of Ghanaian civil society organisations is calling on international lenders to cancel enough of Ghana’s debt to make it sustainable. They call on Ghana to be supported by the G20, and UK in particular, to stay in default on all external creditors who refuse to accept the scale of debt cancellation needed. In December Ghana announced it is ...
Read More »Government working to pay road contractors – Amoako-Attah
The Government is working to pay road contractors to enable them to complete ongoing projects in the country, Roads and Highways Minister, Kwasi Amoako-Attah has said. Responding to questions at the hearing of the Public Accounts Committee (PAC) of Parliament on Thursday, in Accra, he said the delays in completing road projects could be attributed to the payment of contractors ...
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