Residents of Apremdo in the Western Region have discovered an unknown substance beneath the soil. The black sticky material is suspected to be crude oil. Following the finding on Sunday, the traditional ruler in the area, Nana Egya Kwamena XI took up the matter. According to him, the community would investigate and ascertain what exactly the substance could be. Nana ...
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Schools will remain open despite strike by teachers – GES
The Ghana Education Service (GES) has directed Heads of Senior High Schools through the Regional and District Directors to mobilise their Management teams to ensure the safety and wellbeing of all students in schools. This comes after the leadership of all the various unions in the Pre-Tertiary Education Sector embarked on a nationwide strike in response to the government’s failure ...
Read More »IMF officials expected in Ghana on July 6 to assess bailout request
A team from the International Monetary Fund (IMF) is expected to arrive in Ghana on Wednesday, July 6 to begin negotiations with the government on the economic support it is seeking. The IMF officials – comprising senior officers from the Fund and local staff – will meet the Finance Ministry, the Economic Management Team, and the Presidency during their stay, ...
Read More »Teachers declare strike over COLA
The leadership of the Ghana National Association of Teachers (GNAT) the National Association of Graduate Teachers (, NAGRAT) Coalition of Concerned Teachers (CCT), and the Teachers & Educational Workers’ Union (TEWU) have asked their members to withdraw their services beginning today, Monday, July 4, 2022. This decision was announced by the General Secretary of GNAT, Thomas Musah Tanko in Accra on Monday. The teachers earlier gave ...
Read More »Mahama tells gov’t to present comprehensive home-grown programme to IMF for support
Forner President John Dramani Mahama has said the government’s decision to commence talks with the International Monetary Fund (IMF) for a bailout should mark an important step in addressing the country’s economic crisis. He says beyond the engagements, “a comprehensive home-grown programme should be fashioned out and presented to the Fund for support.” In a Facebook post today, Saturday, July ...
Read More »Finance Minister to present mid-year budget review on July 13
The Minister for Finance, Ken Ofori-Atta, is programmed to present the mid-year budget review to Parliament on 13th July 2022. According to the Majority Leader, it is possible that the Minister will table a request for the approval of supplementary estimates. The presentation will come as Ghana prepares to head back to the International Monetary Fund for a bailout. Indications ...
Read More »BREAKING: Ghana heads to IMF
President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for an economic support. A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1st, 2022 indicated that there had already been a conversation between the IMF boss, Kristalina Georgieva and President Akufo-Addo. conveying the government’s decision to engage ...
Read More »TUC cautions gov’t against going to IMF
The Trades Union Congress (TUC) has asked the government not to go to the International Monetary Fund (IMF) for support. Secretary-General of the TUC, Dr Yaw Baah said the IMF is not the solution to the challenges facing the country. He told TV3’s Daniel Opoku in an interview on Wednesday, June 29 that Ghana has been to the Bretton Woods institution sixteen ...
Read More »BoG strengthening its fraud monitoring activities – Report
The Bank of Ghana (BoG) has said it is strengthening its fraud monitoring activities and enforcement of required internal controls and risk governance within banks, SDIs, EMIs and other regulated entities. As part of the measures, the Central bank has issued a notice to the public, banks and other regulated entities on the usage of the Ghana Card as the ...
Read More »Government will withdraw e-levy if it’s not helpful – Kwaku Kwarteng
The Chairman of Parliament’s Finance Committee, Kwaku Kwarteng, says should the government assess that the e-levy is not a helpful policy, it will be withdrawn. His comment comes on the back of a tweet by a leading member of the New Patriotic Party (NPP), Gabby Otchere-Darko, which said the e-levy is not living up to government expectations. He disclosed that ...
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