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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 ...

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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 ...

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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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Parents flee exorbitant fees in private schools to enroll wards in public schools

Some parents in Kumasi say they have been compelled to withdraw their wards from basic private schools as the cost of education in those facilities has shot up. The worried parents say moving their children to public schools has become inevitable due to the ballooning cost of tuition, feeding, transportation and stationery.  They believe it has become necessary to find ...

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China’s population falls for first time since 1961

China’s population has fallen for the first time in 60 years, with the national birth rate hitting a record low – 6.77 births per 1,000 people. The population in 2022 – 1.4118 billion – fell by 850,000 from 2021. China’s birth rate has been declining for years, prompting a slew of policies to try to slow the trend. But seven ...

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Ghana to attain universal health coverage by 2030 – GHS

The Ghana Health Service says it is committed to ensuring accessible and affordable healthcare delivery by 2030. This according to the Service is in tandem with the World Health Organization’s universal health coverage policy scheduled to be achieved by 2030. Ghana Health Service (GHS) says it is in the process of devising strategies to ensure that, every Ghanaian enjoys quality ...

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Pensioner Bondholders Forum threatens to picket at Ministry of Finance  

The Pensioner Bondholders Forum has threatened to picket at the Ministry of Finance on January 23, 2023, if the government fails to exempt them from the Domestic Debt Exchange Programme.  The Forum said it had written to the District Commander of the Ghana Police Service at the Ministries in Accra to notify the police of their intended action.  Dr Adu ...

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TAMA Foundation trains over 300 community members in Natural Resource Governance

TAMA Foundation Universal, a Policy Think Tank based in Tamale, in the Northern Region of Ghana has trained over 300 Community members and Civil Society Organisations (CSOs) in natural resources governance across the five regions of the north. The move was to equip them with the requisite knowledge to effectively engage with mining companies, regulatory agencies and other key stakeholders ...

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NPA revokes licenses of 30 Oil Marketing Companies

The National Petroleum Authority (NPA) has revoked the licenses of 30 Oil Marketing Companies (OMCs) for breaching the regulations of the industry. Some of the OMCs are said to owe the government over ¢400 million cedis in the form of unpaid taxes by the end 0f 2022. A list of the companies published by the NPA said the licenses of ...

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IMF deal to be reached latest February – Akufo-Addo

President Akufo-Addo has said that the country is hopeful to get an International Monetary Fund (IMF) deal latest in February. According to him, the deal will enable the economy to bounce back. He added that the deal will also help us repair the country’s public finances as well as “rebuild the confidence of outsiders in our economy and our own ...

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