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Government begins rehabilitating major roads in Ejisu in preparation for upcoming by-election
The government has started rehabilitating major roads in communities across the Ejisu Municipality and has committed to completing the projects. On April 18, Roads and Highways Minister Francis Asenso Boakye led Ministry officials to inspect the ongoing work and denied claims that the projects were only initiated because of the upcoming by-election in the area. […]
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Labor groups plan to strike on May 2 in response to unpaid Tier-2 pension arrears
Organized Labour has issued a warning of a possible strike on May 2, 2024, if the government does not meet its obligation to pay Tier-2 pensions to its members. The Trades Union Congress (TUC) and its affiliated unions claim that the government has ignored their repeated appeals. Dr. Anthony Yaw Baah, Secretary-General of the TUC, […]
News
Police arrest truck driver over new train accident
The Ghana Police Service has arrested the driver of a Hyundai truck in connection with Thursday’s accident involving a newly acquired train from Poland on the Tema-Mpakadan railway line. According to a statement released by the Police, their preliminary investigation revealed that the suspect, whose truck bore the registration number GS 9018-20, allegedly left the […]
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Curfew imposed on Sampa due to chieftaincy disputes
The Ministry of Interior has announced the imposition of a curfew on Sampa Township in the Jaman North District of the Bono Region effective Thursday, April 18, 2024 due to ongoing chieftaincy disputes in the area. According to a press release, the curfew will run from 4:00 pm to 7:00 am daily until further notice. […]
Business
IMF deal: No further adjustments required from Ghana – Abebe Selassie
Abebe Selassie, Director of the African Department at the International Monetary Fund (IMF), has stated that the fund will not require the Ghanaian government to implement additional adjustments. He expressed optimism that ongoing discussions among official creditors will facilitate the conclusion of talks, enabling the release of the third tranche of funds. Abebe Selassie emphasized […]
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Featured
Truck owner shares insights into train collision incident
In a comprehensive explanation of the events leading to the collision involving the newly imported train, the owner of the truck involved in the accident has provided clarity on the circumstances surrounding the incident. The incident, which has raised significant concerns, occurred when the truck became lodged on the railway tracks. The owner, who was […]
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Featured
We’ll no longer tolerate your empty, unwarranted attacks – TUC slams Prof Adei
The Trades Union Congress (TUC) has issued a scathing rebuke of Professor Stephen Adei following his assertion that Ghanaian workers rank among the least productive globally. During an interview on GHOne on April 8, the former Rector of the Ghana Institute of Management and Public Administration (GIMPA) conducted a comparative analysis of worker productivity levels […]
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Dumsor: I acknowledge your patience, challenges will be resolved – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo has openly acknowledged the recent power supply challenges, assuring the nation of the government’s unwavering commitment to resolving the issues at hand. Expressing gratitude for the patience exhibited by Ghanaians during the recent power cuts, the president reassured citizens of ongoing efforts to mitigate the challenges. During the inauguration of […]
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Artificial Intelligence likely to affect 40% of global workforce – IMF
The International Monetary Fund (IMF) has predicted that 40 percent of the global workforce will be affected by the introduction of Artificial Intelligence. According to the IMF, though AI has improved productivity, it is likely to render many jobless in the coming years. Speaking to journalists on the sidelines of the 2024 IMF-World Bank Spring […]
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Featured
No more Buffer Stock – Mahama promises to decentralise SHS food supply
The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has vowed to cancel the supply of food items to Senior High Schools by the National Food Buffer Stock Company as part of his vision to review the Free SHS policy. John Mahama says feeding grants would be channelled through the heads of Senior […]
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Consult Council of State on anti-gay bill – Mahama to Akufo-Addo
John Dramani Mahama, the flagbearer of the National Democratic Congress (NDC), has criticized President Nana Addo Dankwa Akufo-Addo’s handling of the anti-LGBTQ bill, urging him to seek guidance from the Council of State. Mr. Mahama says President Akufo-Addo’s decision not to assent to the bill is undemocratic and wrong. Speaking at a meeting with members […]
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Dumsor: ECG disconnects Kejetia market over Ghc70m debt
For the second time, the Kejetia Market in the Ashanti region finds itself disconnected from the national power grid due to a Ghc70 million debt owed to the Electricity Company of Ghana (ECG). Since the disconnection occurred about a week ago, the market has been dependent on an alternative power plant as its energy source. […]
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Any govt depending on IMF is likely to fail – Grand Coalition
Rev. Dr. Samuel Worlanyo, an economist and spokesperson of the Grand Coalition, has warned about the potential collapse of Ghana’s economy if it continues to heavily rely on borrowing from financial institutions such as the International Monetary Fund (IMF). In acknowledging the necessity of borrowing for governmental initiatives and projects, Dr. Worlanyo stressed the critical […]
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Business
Transport Ministry has no power to determine fares – COPEC
The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding the approved rates. Executive Secretary […]
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Ghana risks losing premium cocoa position due to galamsey – COCOBOD
The Ghana Cocoa Board (COCOBOD) has painted a gloomy picture of the potential loss of Ghana’s premium position in the international cocoa market due to activities of illegal mining. In an interview on The Point of View with Bernard Avle, Prof. Michael Kwarteng, Director of the Anti-Corruption Galamsey Unit of COCOBOD, lamented the adverse impact […]
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Economy
Finance Ministry affirms progress in debt restructuring talks with creditors
The ministry of finance has affirmed that ongoing negotiations regarding debt restructuring with creditors have not culminated in failure. Through a tweet, the ministry clarified that an interim agreement has been reached between Ghana and bondholders, but adjustments are necessary to align with IMF debt sustainability targets. “Ghana and Bondholders reached an interim deal, which […]
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Economy
Gov’t determined to reach debt agreement within sustainable targets
By Joshua Worlasi AMLANU joshua.amlanu@thebftonline.com Finance Minister Dr. Mohammed Amin Adam has assured that government is pushing forward with its debt negotiations, determined to reach an agreement with its creditors that is acceptable to all parties while staying within the sustainability targets of its IMF-supported economic programme. Ghana is aiming to cut US$10.5billion from its […]
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Headlines
Finance Minister leads delegation to IMF/World Bank Spring meetings
The Minister for Finance, Dr. Mohammed Amin Adam, is leading Ghana’s delegation to the IMF/World Bank Spring Meetings taking place in Washington DC. The delegation, which is made up of officials from the Finance Ministry and the central bank, include Abena Osei Asare, Minister of State at the Finance Ministry; Fatimatu Abubakar, Minister for Information; […]
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General
NSS urges Akufo-Addo to sign National Service Bill into law
The National Service Scheme (NSS) has called on President Nana Akufo-Addo to swiftly sign the Ghana National Service Authority Bill 2024 into law. The move aims to grant the secretariat authority and autonomy, as stated by the NSS during the policy launch on April 15, 2024. The Executive Director of NSS, Osei Assibey Antwi, emphasized […]
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Headlines
Stanbic Bank offers financial solutions to members of Ghana Medical Association
Stanbic Bank Ghana, a subsidiary of the Standard Bank Group, has signed a Memorandum of Understanding (MOU) with the Ghana Medical Association (GMA) aimed at offering tailor-made financial solutions to members of the GMA. Speaking at the MOU signing ceremony at Stanbic Heights in Accra, Kwamina Asomaning, Chief Executive of Stanbic Bank said health is […]
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