The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has maintained the policy rate at 29 per cent, citing economic stability. The policy rate is the rate at which the BoG lends to commercial banks. Dr Ernest Addison, the Governor and Chairman of the MPC, who disclosed this in Accra yesterday after the … The post BoG maintains policy rate at 29% appeared first on Ghanaian
By Emmanuel AKOMEA The Minister of Finance Dr. Mohammed Amin Adam has announced plans to streamline port charges following a visit to the Tema port and discussions with Customs officials and agents. The decision seeks to tackle the multitude of charges at the country’s sea ports, curb duty evasion and address challenges in handling transit […] The post Port
The Ministry of Energy has provided clarification on recent remarks made by the sector minister, Dr. Matthew Opoku Prempeh, regarding the release of a timetable for ongoing power outages. In a press release issued on Tuesday, March 26 by the Minister’s spokesperson, Kofi Abrefa Afena, Dr. Opoku Prempeh was simply stating facts. During the inauguration […] The post Energy
Dr. Christopher Ampadu (M) flanked by his lieutenants Executive Director of the Africa Centre for the Study of Worldviews and Wholistic Development of Societies, Dr. Christopher Ampadu, believes that Read More... The post Ghana’s Devt Not In Regime Change – Ampadu
The Ministry of Energy has assured that it is working with its agency in the various power sectors to ensure that the temporary power challenges are resolved immediately. The Ministry said that the sector Minister Dr Mathew Opoku Prempeh has always been sensitive to the plight of the Ghanaian people and continues to ask for […] The post Energy Ministry assures it is working assiduously
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […] The post Cedi
The National Food Suppliers Association of Ghana (NAFSAG) has announced its intention to picket at the premises of the Ministry of Education if the outstanding debts owed to its members are not settled within the next 14 days. In a statement released on March 26, NAFSAG expressed concern over the unfair distribution of funds to […] The post Food suppliers
John Abdulai Jinapor, ranking member on Parliament’s Mines and Energy Committee, has asserted that the next NDC government, under the leadership of John Dramani Mahama, will inherit a weakened and anemic energy sector. He said this when he appeared on TV3’s Hot Issues programme on Sunday, March 24. According to the former deputy energy minister, […] The post Mahama
One of the major announcements the nation, particularly New Patriotic party (NPP) loyallists, is eagerly waiting for as the nation draws gradually towards election 2024 is the unveiling of the vice-presidential nominee by Dr Mahamudu Bawumia, Vice President and NPP’s presidential candidate for the elections. The big question on the lips of many is who … The post NPP
The Ghana Navy (GN) has strengthened its readiness in protecting Ghana’s territorial waters and marine installations through testing the endurance and combat readiness of its ships. This was done through revisiting its old tradition of crossing the Equator known in naval terms as ‘Crossing The Line’ dubbed ‘Exercise Sea Lion 2024’ to test the resilience … The post We
A law to prohibit the payment of compound interest by the state in transactions entered into on her behalf by public officers, has been passed by Parliament and assented to by the President. The law, the contracts (Amendment) Act, 2023 (Act 1114), sponsored by the Attorney-General and Minister for Justice, Godfred Yeboah Dame in 2023, … The post Parliament passes law
More than one hundred structures were destroyed during a fire outbreak at Bubuashie Cable Wireless in Accra, last Friday. The inferno affected makeshift wooden structures, three vehicles, two metal containers, but no casualties have been recorded. Business owners who used the place as an abode and commercial purposes were displaced. When the Ghanaian Times got … The post Over
Member of Parliament (MP) for the Yapei-Kusawgu constituency and Ranking Member on the Mines and Energy Committee of Parliament, John Abdulai Jinapor, has characterised President Akufo-Addo’s letter to Parliament as “disrespectful and insulting”. He said the President could have communicated his position in a more decorous manner rather than seeking to instruct Parliament to “desist […] The post Anti-gay
The government has committed to fast-track the completion of Ghana’s sea defence projects following a two-day tour by the Minister for Works and Housing Kojo Oppong-Nkrumah. Most of the projects commenced in 2018 are near completion but slowed down owing to financial constraints. The slowdown reversed some of the progress made on the projects and […] The post Govt to
The Women Caucus of the opposition National Democratic Congress (NDC) in Parliament has urged the governing New Patriotic Party (NPP) to concentrate on revitalising the economy rather than targeting the character of Professor Naana Jane Opoku-Agyemang, the NDC’s running mate for the 2024 presidential election. The caucus expressed disappointment over the claims made by the … The post Stop
The newly constituted board of directors of the Tema Oil Refinery (TOR) can turn the country’s premier oil refinery into a profitable institution if allowed to stay focused on its Read More... The post ‘We’ll Turn TOR Into Profitable Enterprise’ appeared first on
The Ministry of Foreign Affairs and Regional Integration has cautioned the travelling public to be wary of the activities of middlemen/agents who purport to have the ability to secure citizenship, resident permits and job offers in conflict areas and in countries at war. The Ministry said these journeys are perilous and often have dire consequences. […] The post Avoid travels
The Chief Executive Officer (CEO) of the Independent Power Generators, Ghana (IPGG), Dr. Elikplim Kwabla Apetorgbor, has appealed to the Ministry of Energy to reconsider its decision to reject their request to include them in the Cash Waterfall Mechanism Committee. The IPGG said that the earlier appeal to be included was rejected by the Ministry. […] The post Independent
Flagbearer and leader of the Movement for Change, Alan Kyerematen, has made a solemn pledge to make the Eastern Region Ghana’s premier research and innovation hub if elected president in the upcoming December polls. Mr. Kyerematen made the pledge during his market tour of the Eastern Region on Thursday, March 21. Aimed at engaging with […] The post I’ll
The Member of Parliament for Abuakwa South, Samuel Atta Kyea, has argued that the letter from the Presidency to Parliament on the anti-gay bill does not constitute a violation of the Constitution. The Speaker of Parliament, Alban Bagbin, suspended the approval of ministers and deputy ministers of state nominated by President Akufo-Addo on Wednesday. This […] The post Suspending
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS