The Vice President of IMANI Centre for Policy and Education, Bright Simons, has outlined seven reasons why the debt restructuring announced by Finance Minister Ken Ofori-Atta, is struggling to be accepted by bondholders. The government has introduced a domestic debt exchange programme and suspended the payment of some of its external debt. The debt exchange […] The post Bright
The Deputy Finance Minister, Dr John Kumah, has encouraged businesses in Ghana to incorporate proper Corporate Governance Institutions in their businesses in order to build their business beyond the first and second generations. He noted that over the years, Ghanaian-owned companies do not move beyond the first generation of owners and that does not augur […] The post Adopt
Dikan, a visual education center has opened in Accra to offer a comprehensive appreciation and education on visual arts for photographers, videographers, and others in the creative industry who want to tell impactful stories. The Center boasts of a library stocked with over 30,000 books on photography; galleries for exhibitions; classrooms for learning and development; […] The post Africa’s
Since last week, I have been so excited heading towards Christmas in a somewhat happy mood. A cedi in coma has jumped to its feet, to earn some respect from a bullying dollar. Plantain and other food crops have been displayed in abundance, spilling over in markets and the banks of huge trucks. A diligent […] The post Prof. Kwesi Yankah writes: Giving me a haircut in
The Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu is proposing the establishment of a committee of Parliament that would probe the impact of loan agreements by the government. The Minister who doubles as the Majority Leader in Parliament says the functions of the Finance Committee of Parliament are limited and cannot assess the economic impact of […] The post Committee
The Minister for Parliamentary Affairs, Osei Kyei-Mensah-Bonsu is proposing the establishment of a committee of Parliament that would probe the impact of loan agreements by the government. The Minister who doubles as the Majority Leader in Parliament says the functions of the Finance Committee of Parliament are limited and cannot assess the economic impact of […] The post Committee
A 27-year-old man has died after he was allegedly hit with a stick in the head following a misunderstanding that ensued between him and one other at Aputuogya-Abuontam in the Bosomtwe district of the Ashanti Region. The family of the deceased narrates to Citi News that the deceased, Emmanuel Amoah was riding a motorbike and […] The post Aputuogya-Abuontam:
The University Students Association of Ghana (USAG) is opposing the increase in the fees of public universities for the 2022/2023 academic year. “The recent astronomical hikes in school fees of public universities in the country, which will make access to education become increasingly difficult”, USAG said in a press release on Tuesday. USAG is worried […] The post USAG
Chairman of the National Media Commission (NMC), Yaw Boadu-Ayeboafo has raised concerns over the membership of political leaders on the Parliamentary Service Board. He contends that the existence of the chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah on Parliament’s advisory board compromises the objectivity and neutrality that the House is supposed to […] The post Asiedu
Relevant media–Citi TV/Citi FM will today, December 21, 2022, host a forum on Ghana’s debt exchange programme which has already recorded some resistance from various labour unions. The event which is being organised in collaboration with IMANI Africa and Africa Centre for Energy Policy (ACEP) is on the theme: “Ghana debt saga: Now what next?” […] The post Citi
US federal drug agents say they seized enough fentanyl in 2022 to kill every American. The Drug Enforcement Administration (DEA) says they intercepted 379m potentially deadly fentanyl doses, which is just two milligrams. The DEA described the highly addictive substance, which is 50 times more powerful than heroin, as the deadliest drug threat facing the […] The post US seizes
A former Finance Minister, Seth Terkper, has urged the Akufo-Addo government to rethink the model of the Free Senior High School policy and some capital-intensive projects in view of the current economic crisis. Speaking on Eyewitness News on Tuesday, Mr Terkper said it will be prudent for the government to suspend some projects for a […] The post Economic
Government has assured of its continuous readiness to consider the inputs of industry players in its domestic debt exchange program. It is for this reason, it has extended the expiration date for the program to December 30, 2022. The Debt Exchange Programme which was expected to expire on Monday, December 19, 2022, has been extended […] The post Extending
A labour analyst Austin Gamey has advised the government to immediately engage with organized labour over the decision to embark on an industrial action effective Tuesday, December 27, 2022. The group wants the government to exempt the pensions of its members from the Debt Exchange Programme. Announcing the strike in Accra, the Secretary General of […] The post Engage
The Pharmaceutical Society of Ghana is demanding an immediate reduction in the prices of medicines over the appreciation of the cedi. The Society is concerned that despite the relative stability in the rate of the cedi, prices of drugs continue to remain high. It therefore wants players in the pharmaceutical supply chain “including manufacturers, importers, […] The post Reduce
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