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Information Minister, Kojo Oppong Nkrumah has disclosed that the government has commenced plans to secure cheaper petroleum products for the Ghanaian market. The Minister made this revelation while speaking to Evans Mensah on PM Express on Monday. According to him, the National Petroleum Authority (NPA) and the Ministry of Energy will provide further details about the importation of fuel onto the Ghanaian ...

Former President, John Mahama has blamed the Finance Minister, Mr. Ken Ofori-Atta, for the country’s economic woes. According to him, the President’s seeming inability to remove Mr. Ofori-Atta from office is worsening the situation. “To be clear, we’re in this mess because of an untouchable Finance Minister relying on his Databank workers and neglecting the advice of seasoned experts at ...

North Tongu Member of Parliament, Samuel Okudzeto Ablakwa has said the inordinate fall of the Cedi against the Dollar should be seen as a national security threat. He said the President must dissolve the Economic Management Team (EMT), sack the Finance Minister, and quickly convene a nonpartisan forum to rescue the local currency. In a tweet, Mr Ablakwa said “The ...

A survey by Global Info Analytics has found that 77 percent of Ghanaians believe the country is heading in the wrong direction as of October 2022.  According to the survey, 16 percent of Ghanaians believed the country was heading in the right direction. Meanwhile, seven percent of the persons polled had no opinion on the direction of the country. Excerpts ...

The World Bank Group President, David Malpass, has expressed disappointment over Ghana and Nigeria’s decision not to sign up for the Debt Service Suspension Initiative (DSSI). Established in May 2020, the DSSI expired at the end of December 2021. The DSSI, put together by the International Monetary Fund (IMF) and World Bank offered countries an opportunity to freeze debt servicing, ...

A Justice nominee of the Supreme Court, Barbara Frances Ackah-Yensu, has proposed the use of Alternative Dispute Resolution (ADR) in handling cases involving illegal small-scale miners (Galamseyers). She said this during her vetting by the Appointments Committee of Parliament on Tuesday, October 18. Asked by Minority Leader Haruna Iddrisu about the judicial response to the galamsey menace, she said “we will determine if ...

Civil Society organizations(CSOs) and Coordinators working in the area of Mental Health have received a day’s training aimed at strengthening community-level advocacy and networks to provide COVID-19 information and services for persons with mental health conditions and their caregivers. The training, held in Accra on Thursday, October 13, formed part of a One- year project being implemented by MindFreedom Ghana ...

Top business executives joined the UN chief on Wednesday to present transformative solutions for bridging the estimated $4.3 trillion-dollar financing gap for countries that reach the ambitious 2030 Sustainable Development Goals (SDGs) – the world’s agreed roadmap for a more peaceful and inclusive world. The Fourth Annual Meeting of the Global Investors for Sustainable Development (GISD) Alliance, is focused on supporting ...

The Institute of Energy Security (IES) has projected fuel prices to go higher following the fall of the Cedi against the Dollar. The energy think tank’s analysis of the foreign exchange (Forex) market over the last two weeks revealed a further depreciation of the Cedi against the US Dollar. The Ghana Cedi depreciated by a significant 2.5% from the previous ...

Ghana’s inflation rate increased to 37.2 percent in September 2022, up from the 33.9% recorded in August the same year, the Ghana Statistical Service (GSS) announced in Accra on Wednesday, October 12. Five groups recorded inflation rates higher than the national average in September, the GSS further announced. They were Housing, Water, Electricity, Gas and Other fuels (68.8%); Furnishings, Household Equipment and ...