The 2021 budget full of revised austerity notes with bully taxes and levies, an economist Professor John Gatsi has said. The budget statement was presented on the floor of the House by Leader of Government Business in Parliament Osei Kyei Mensah Bonsu on Friday March 12. The budget statement has …
Read More »Ghana’s debt stock now GHC291.6b – Mensa-Bonsu
The COVID-19 Pandemic has pushed the country’s deficit and debts to worrying levels, according to statistics presented in the 2021 Budget statement read in Parliament on Friday by the Minister for Parliamentary Affairs, Osei Kyei Mensah-Bonsu. He said the current debt stock is 291.6 billion cedis with 76.1% GDP as …
Read More »Bread Price to increase as bakers threaten to halt production
Prices of bread are expected to increase on the market as bakers complain of hikes in cost of raw materials. Big brands in the baking industry have concluded to halt production for three days ahead of the increase in the price of loaf of bread. The bakers say the price …
Read More »GH¢100bn “Obaatan pa” program unprecedented investment – Mensa Bonsu
Minister for Parliamentary Affairs and caretaker Minister for Finance, Osei Kyei Mensah-Bonsu has said that government’s Coronavirus Alleviation and Revitalization of Enterprise Support (CARES) initiative is a singular and remarkable financial investment in the Ghanaian economy by a sitting government. Presenting the 2021 budget statement and economic policy on the …
Read More »Audit Service Board Chair must go – Kumadoe tells Akufo-Addo
Security and Fraud Analyst, Richard Kumadoe, has made a call to President Nana Addo Dankwa Akufo-Addo to remove the chairman of the Audit Service Board, Prof. Edward Dua Agyeman for what he describes as his arbitrary conduct leading to the forced retirement of the Auditor General, Mr. Daniel Yao Domelevo by the President. He …
Read More »Majority Leader Presents Budget Statement Tomorrow March 11, 2021
Majority Leader, Osei Kyei Mensah-Bonsu, will present the 2021 Budget Statement tomorrow, Friday 12, 2021. The presentation is scheduled to take place in Parliament at about 10:00am. He is stepping in the shoes of the Finance Minister-designate, Ken Ofori-Atta, who is taking treatment in the US. There had been speculations …
Read More »Kumasi Central Market Traders Given Ultimatum To Move Out
Meanwhile, the Ashanti Regional Coordinating Council (RCC) has given traders at the Kumasi Central Market up to midnight of March 13th this year, to vacate the market for the reconstruction works to begin. The entire market would be barricaded and the structures pulled down after the deadline and any wares …
Read More »2021 budget will rush Parliament – Terkper explains
The budget reading for 2021 is rearing to suffer some hiccups in terms of time constraints and pressure on the House and its Committees to work with conventional due diligence. The Budget process involves discussions, debates and approving government economic policies and approval of appropriations for the various Ministries, Departments …
Read More »Bayport Managing Director resigns
The Managing Director of Bayport Savings and Loans, Nii Amankra Tetteh, has stepped down from his position as Managing Director of the financial institution A statement by the company said Mr Nii Amankra Tetteh opted out to “pursue other opportunities elsewhere”. Mr was appointed by the Board of Directors of …
Read More »Dog meat shortage hits Sandema market
Dog meat sellers at Sandema in the Builsa North Municipality of the Upper East Region were disappointed when they visited the major market in the area to buy dogs and prepare for their customers. When the Ghana News Agency (GNA) at Sandema visited the dog market on which happened to …
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