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RELIGION

National Cathedral: Adjaye Associates Secures GH₵‎113Millon As Finance Ministry Spends GH₵340 Million So Far

The Ministry of Finance has stated that GH₵‎340 million has already been spent on the National Cathedral project. In response to the Adhoc Committee looking into Ken Ofori-Atta, the Ministry stated that a total of GH₵339,003,064.86 had been released for the National Cathedral's construction thus far. The Ministry claims that the government contributed GH₵‎25 million to the project in March 2022, which caused a controversy.

  2 months ago ago
National Cathedral: Adjaye Associates Secures GH₵‎113Millon As Finance Ministry Spends GH₵340 Million So Far

POLITICS

Review your decision to include individual bond holders - Majority Chief Whip

Member of Parliament for Nsawam-Adoagyiri, Frank Annoh Dompreh, has questioned the government’s decision to include individual bond holders in its Domestic Debt Exchange Programme (DDEP) According to the legislator, steps must be taken immediately to review the decision. “The Finance Minister (Ministry) must as a matter of urgency review ASAP its decision and resolution on individual bond holders.

  15 days ago ago
Review your decision to include individual bond holders - Majority Chief Whip

ECONOMY-FINANCE

4 Twists On Anas Galamsey Economy Exposé

It will be recalled few days ago that, Anas Aremeyaw Anas, a popular investigative journalist from Ghana who leads the Tiger Eye PI Group planned to air Galamsey Economy exposé at the Accra International Conference Center (AICC). There are sections in this Exposé, you need to note, lets consider below 4 twists;

  2 months ago ago
4 Twists On Anas Galamsey Economy Exposé

ECONOMY-FINANCE

"Galamsey Economy"- Anas Aremeyaw Anas.

Numerous people rush to the Accra International Conference Centre (AICC) on Monday to witness the much-anticipated documentary "Galamsey Economy" by seasoned journalist Anas Aremeyaw Anas. Individuals from the government, civil society organizations (CSOs), and other important stakeholders walk through the ticketing procedure with nervous expressions and a sense of excitement.

  2 months ago ago

ECONOMY-FINANCE

Ghana suspends payment of selected External Debts

The Government of Ghana has announced the suspension of selected external debts in the bid to restore credibility in the economy and also to secure an IMF Bailout which has been agreed on a staff level. In a press release issued on Monday, December, 2022, the Ministry of Finance said, "Ghana is today faced with major economic and financial crisis and its attendant social challeneges" as a result of the emergence of the Covid-19 pandemic which span the periods of 2020 and 2021 and the global economic shocks that have arisen due to the Russian invasion of Ukraine.

  1 month ago ago
Ghana suspends payment of selected External Debts

POLITICS

President Terminates Adu Boahen's Appointment

President Nana Akufo-Addo has terminated the appointment of Charles Adu Boahen, Minister of State in the Ministry of Finance, with immediate effect. In a statement on Monday from the presidency, the Director of Communication, Eugene Arhin, said, “After being made aware of the allegations levelled against the Minister in the exposé, ‘Galamsey Economy’, the President spoke to Mr Adu Boahen, after which he took the decision to terminate his appointment, and also to refer the matter to the Special Prosecutor for further investigations.”

  2 months ago ago
President Terminates Adu Boahen's Appointment

ECONOMY-FINANCE

Anas Targeted Ken Ofori-Atta And Failed

In the expose released last Monday, Finance Minister Ken Ofori-Atta was a target in the documentary done by Aremeyaw Anas and his Tiger Eye P.I., but the team failed to entrap him. Anas Aremeyaw Anas' documentary titled, ‘Galamsey Economy’, premiered on 14 November 2022 at the Accra International Conference Centre (AICC).

  2 months ago ago
Anas Targeted Ken Ofori-Atta And Failed

POLITICS

God Should Give Prez Akufo-Addo 'Solomon's Wisdom' To Rule Ghana - Kabila Prays

James Kwabena Bomfeh, who used to be the acting general secretary of the Convention People's Party (CPP), has asked Ghanaians to pray for President Nana Addo Dankwa Akufo-Addo. He said that in the face of the problems and the fact that members of the Majority Caucus in Parliament have asked the President to fire the Finance Minister, Ken Ofori-Atta, and the Minister of State at the Ministry of Finance, Charles Adu Boahen, it is the responsibility of everyone to help the President run the country.

  3 months ago ago
God Should Give Prez Akufo-Addo 'Solomon's Wisdom' To Rule Ghana - Kabila Prays

POLITICS

Flashback: The Four Prominent Ghanaians Who Have Called For Ken Ofori-Atta’s Sack

Pressure is mounting on President Akufo-Addo to sack his Finance Minister, Ken Ofori-Atta. On Tuesday, 80 Majority Members of Parliament (MPs) from the ruling New Patriotic Party (NPP) side of the house demanded the removal of the Finance Minister and Dr Charles Adu Boahen, Minister of State at the Ministry of Finance.

  3 months ago ago
Flashback: The Four Prominent Ghanaians Who Have Called For Ken Ofori-Atta’s Sack

POLITICS

Did Hon. Ato Forson "Misrepresent His Own CV" to Parliament in 2013 - Razak Kojo Opoku Writes

Hon. Ato Forson claims that the Akufo-Addo administration misrepresented economic data to the IMF, but he hasn't offered any solid proof to back up this claim. For the sake of this article, I won't go into depth because the topic is now being discussed by a committee of Parliament.

  2 months ago ago
Did Hon. Ato Forson

POLITICS

Okyenhene Cautions Eastern Region NPP MPs Backing Ofori-Atta’s Removal

The Okyenhene Amoatia Ofori-Panin has reportedly cautioned two Members of Parliament (MPs) from the Eastern Region who are backing the removal of Ken Ofori-Atta as Finance Minister. Online news portal, mynewsgh reports that the Okyenhene, who is the Uncle of President Akuf0-Addo and Ken Ofori-Atta, is peeved by the two MPs after they refused to honour his summon to the Abuakwa Palace to explain why they have joined the chorus to sacking the Finance.

  3 months ago ago
Okyenhene Cautions Eastern Region NPP MPs Backing Ofori-Atta’s Removal

POLITICS

Akufo Addo Sacks Charles Adu-Boahen, the Minister of State at the Ministry of Finance.

The President of the republic of Ghana has reacted to the claims in an alleged video by Anas Aremeyaw Anas which is said to have been shot in Dubai when Anas Aremeyaw Anas posed as a business man and talked to Charles Adu Boahen about investing 500 million dollars in the galamsay business in Ghana.

  2 months ago ago
Akufo Addo Sacks Charles Adu-Boahen, the Minister of State at the Ministry of Finance.

ECONOMY-FINANCE

Ofori-Atta will present the 2023 Annual Budget Statement and Economic Policy of Government today.

Today, November 24, 2022, the Finance Minister, Ken Ofori-Atta, is scheduled to present the 2023 Annual Budget Statement and Economic Policy of Government before Parliament. This is in accordance with Section 21 of the Public Financial Management Act of 2016 and Article 179 of the 1992 Constitution.

  2 months ago ago
Ofori-Atta will present the 2023 Annual Budget Statement and Economic Policy of Government today.

POLITICS

Allow Ofori-Atta to read the budget.

Despite their vowed intention to remove Finance Minister Ken Ofori-Atta from office, Dr. Mark Assibey-Yeboah, a former chairman of the Parliamentary Finance Committee, is pleading with the Majority Caucus in Parliament to fully cooperate with him and allow him to present the 2023 Budget Statement and Economic Policy in the House this week.

  2 months ago ago
Allow Ofori-Atta to read the budget.

ECONOMY-FINANCE

Cedi likely to STRENGTHEN against Dollar

Many analysts predict that the Ghana cedi would strengthen versus the US dollar and other significant foreign currencies as the prognosis for Ghana's debt sustainability becomes more clear. On December 5, 2022, the government outlined the specifics of Ghana's debt swap program. After that, the local currency kept getting better despite Moody's previous week's downgrading of its rating.

  1 month ago ago
Cedi likely to STRENGTHEN against Dollar

POLITICS

Akufo-Addo’s Refusal To Sack Ken Ofori-Atta Shows He’s Clueless In Politics – Jantuah

Former government appointee under John Dramani Mahama’s administration, PV Dadson Boateng Jantuah says he believes President Akufo-Addo does not appreciate the gravity of the mess that Finance Minister Ken Ofori-Atta has created in Ghana’s economy. He says it is unacceptable for the Finance Minister to still be at post after grinding the country’s economy into a ditch.

  3 months ago ago
Akufo-Addo’s Refusal To Sack Ken Ofori-Atta Shows He’s Clueless In Politics – Jantuah

POLITICS

Permit Ofori-Atta to finish IMF negotiations – Akufo-Addo to NPP MPs asking his sacking

Before any resignation discussions, President Akufo-Addo has requested additional time for the struggling Finance Minister Ken Ofori-Atta to finish negotiations with the International Monetary Fund (IMF). According to documents made available to News reporters, a $3 billion balance of payment support agreement with the IMF could be achieved in three weeks.

  3 months ago ago
Permit Ofori-Atta to finish IMF negotiations – Akufo-Addo to NPP MPs asking his sacking

POLITICS

Akufo-Addo Buying Time For Ken Ofori-Atta To Cover Up His Mess At The Finance Ministry

Member of Parliament (MP) for Tamale North Alhassan Suhuyini says President Akufo-Addo is trying to buy time for embattled Finance Minister Ken Ofori-Atta to cover up his mess. On Tuesday, 80 Majority Members of Parliament (MPs) from the ruling New Patriotic Party (NPP) side of the house demanded the removal of the Finance Minister and Dr Charles Adu Boahen, Minister of State at the Ministry of Finance.

  3 months ago ago
Akufo-Addo Buying Time For Ken Ofori-Atta To Cover Up His Mess At The Finance Ministry

ECONOMY-FINANCE

Ghana Cocoa Board Secures a $1.13B deal to Purchase Cocoa And help the depreciating cedi

The Ghana Cocoa Board (COCOBOD) has secured US$1.13 billion in financing from a consortium of international banks and financial institutions to purchase cocoa beans during the 2022/23 cocoa season. The board signed the agreement with the lenders on Monday (October 3, 2022), paving the way for the funds to be transferred starting next week.

  3 months ago ago
Ghana Cocoa Board Secures a $1.13B deal to Purchase Cocoa And help the depreciating cedi

EDUCATION

Gov’t To Increase Feeding Grant

The 2023 Budget Statement and Economic Policy has featured an upward adjustment in the Ghana School Feeding grant. The feeding grant currently stands at ¢1 per school child. In May this year, the School Feeding caterers embarked on strike to register their displeasure at the amount which they described as woefully inadequate and demanded an increase in the rate to GHc3.

  2 months ago ago
Gov’t To Increase Feeding Grant