Government is courting the support of Ghanaians to embrace the debt exchange agenda to enable the country recover from its economic shocks. A deputy Minister of Finance, Abena Osei Asare says the completion of the debt operations is key in helping Ghana finalise its arrangements with the International Monetary Fund (IMF) for the US$ 3 […] The post Debt restructuring
Government is yet to meet some key stakeholders on its debt restructuring programme announced on Monday, December 5, 2022. Speaking on Eyewitness News, a Deputy Finance Minister, John Ampontuah Kumah however noted that, investors such as bondholders, banks etc have already been consulted. “I’m not sure about individual and specific groups; what I know is […] The post Govt
Political science lecturer at the University of Ghana, Professor Ransford Gyampo, says President Nana Addo Dankwa Akufo-Addo favours loyalty over national interest, hence the reluctance to reshuffle ministers in his cabinet. In an interview on Eyewitness News, Professor Ransford Gyampo said competent persons must run the affairs of the state for effective governance and not […] The post Reshuffle
The world is at a crossroads, as the decisions and actions we take over the next eight years (in the years ahead) will either reverse or exacerbate the detrimental impacts of Climate Change on our planet and people. Though Africa is the least responsible for the climate problem, we are one of the most afflicted, […] The post Mandela
Pressure group, Arise Ghana has called off its decision to embark on a nationwide protest today, Tuesday, December 6, 2022. The group intended to protest the economic hardships in the country. This comes after the Ghana Police Service went to court to prevent them from picketing. In a statement, Justice For Ghana expressed disappointment in […] The post Arise Ghana calls off demo
Financial analyst, Toma Imihere is not shocked at government’s announced debt exchange programme aimed at ensuring sustainability of the Ghana’s public debt. For him, the current situation was long coming, given the country’s high levels of debt distress. Ghana is at the doors of the International Monetary Fund (IMF) seeking a $3 billion support program. […] The post ‘Ghana
The Chamber of Corporate Trustees has rejected the Debt Exchange Programme announced by the government. In a statement, the Chamber said accepting the programme will be injurious to the interest of contributors to pension schemes. The statement signed by Thomas Kwesi Esso also advised pension providers and administrators to engage further with the government for […] The post Debt
The Minority in Parliament has rejected plans by government to increase government machinery personnel by 1,570 people. The group says this number is contained in the 2023 budget statement. The Minority said it is unacceptable to increase government machinery staff to 3,681 at a time when there is an announced freeze on public sector employment. […] The post Minority
The Minority in Parliament has rejected plans by government to increase government machinery personnel by 1,570 people. The group says this number is contained in the 2023 budget statement. The Minority said it is unacceptable to increase government machinery staff to 3,681 at a time when there is an announced freeze on public sector employment. […] The post Minority
The Ghana Registered Nurses and Midwives Association (GRNMA) is rejecting the government’s debt exchange programme. The Association says government denying pensioners access to their tier 3 funds after 5-15 years of waiting for maturity on their investments is unacceptable. In a statement signed by the President of GRNMA, Perpetual Ofori Ampofo, the group described the […] The post Nurses
The Trades Union Congress (TUC) has raised concerns about government’s failure to engage labour unions before launching its Domestic Debt Exchange programme. TUC says it was gravely concerned about the government’s programme because of its potential negative impact on worker’s pensions. The TUC’s reaction followed the government’s move to rely on a softer payment plan […] The post TUC
A former Chairman of Parliament’s Finance Committee, Mark Assibey-Yeboah, has advised government to quickly engage relevant stakeholders to gain their support for the successful implementation of the debt exchange programme. The former Member of Parliament for the New Juaben South constituency said the debt exchange programme would have been met with less resistance if the […] The post Engage
Pressure group, Arise Ghana is expected to embark on a protest today, December 6, 2022, over the economic hardships in the country. The group says the protest will continue until Parliament finalizes the motion of censure against Finance Minister, Ken Ofori-Atta and concludes the debate on the 2023 budget. The group had intended to picket […] The post Economic crisis:
Vodafone Ghana has launched a community safety campaign called “100% Home Safe” to help reduce road accidents among commercial drivers ahead of the Christmas holiday season. During the event, Vodafone Ghana collaborated with the National Road Safety Authority, the Motor Traffic and Transport Department, the Ghana Police Service, the Ghana Private Road Transport Union, and […] The post Vodafone
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