Tag Archives: GOVERNMENT

The Government of Ghana has rescinded its decision on the issuance of the 2-year cedi and 5-year cedi dominated bonds, a Joy Business report has said. According to the portal, the cancellation comes after bonds were initially issued back in May and March this year and were re-opened to both …

The Coalition of Aggrieved Customers of Menzgold, say government’s move to drag the Chief Executive Officer for Menzgold, Nana Appiah Mensah (NAM1), to court was a deliberate way to protect him. The group believes government was consciously using the court to shield Menzgold from the aggrieved customers instead of pursuing …

Former Rector of the Ghana Institute of Management and Public Administration (GIMPA), Professor Emeritus Stephen Adei, has said that the Finance Minister, Ken Ofori-Atta, resigned from Databank approximately four clear years before joining frontline politics. According to him, although Ken Ofori-Atta is the founder of the Databank, he has nothing to do with it …

A pressure group, calling itself Concerned Parents for Free Senior High School Policy (FSHS), has called on the public to support government for the continuous running the Free SHS policy amidst global economic crisis as Ghana heading to IMF..   The group in a press release dated August 13, 2022 …

Rwanda has increased its fuel prices, reflecting the little impact the bi-monthly government subsidy has had. The latest prices, effective Monday, August 8, will see a litre of petrol retail at Rwf1,609 ($ 1.54), up from Rwf1,460 ($1.39) two months ago. A litre of diesel will sell at Rwf1,607 ($1.53), …

Bright Simons, a Vice President of Imani Africa, has indicated that the government of Ghana failed to signal forcefully to the market intentions for fiscal consolidation hence Standard and Poor’s (S&P) Global Ratings of the country to CCC+/C from B-/B. According to him, such conduct by the government will further …

The Chairman/Chief Executive Officer of the Nigerians in Diaspora Commission (NiDCOM), Abike Dabiri-Erewa has urged the Italian government to provide a job for the widow of Ogorchukwu Alika, a Nigerian beaten to death by an Italian in the European country. Dabiri-Erewa also noted that the deceased was the breadwinner of …

Assin Central Member of Parliament, Kennedy Agyapong, has submitted that political commitment remained the missing link in the fight against illegal small-scale mining, known as galamsey. He contends that any government that commits to fighting the scourge must be ready to lose the next election. Asked during an interview on …

The Bank of Ghana has responded to allegations indicating it has printed an amount of GH¢22.04 billion to finance government’s budget without parliamentary approval. The assertion was made by the Deputy Ranking Member of Parliament’s Finance Committee, Dr. Cassiel Ato Forson when he addressed journalists outside the House on July 25. But the central …

Dr. Cassiel Ato Forson, a former deputy Finance Minister, has alleged that government through the Bank of Government (BoG) has printed an amount of GH¢22 billion in new currency notes without Parliamentary approval. According to him, the new notes were printed between January and June 2022 on the orders of the government …