Doctors at the Korle Bu Teaching Hospital have suspended their intended withdrawal of services over their 13th-month salary arrears. The group earlier threatened to withdraw services to the Outpatient Department as well as elective surgeries and procedures at the hospital from February 6-10 if management does not come up …
Read More »Gold For Oil: Government Spent $40m On First Consignment – NPA Reveals
The National Petroleum Authority (NPA) has revealed that the initial 40,000 tonnes of diesel that arrived in January under the Gold-for-oil policy were valued at US$40 million. The clarification by the NPA comes after several calls by industry experts including the Institute of Energy Securities for the government to provide …
Read More »Yagbonwura Tintumba Boressah: Overlord Of Gonjaland Confirmed Dead
The overlord of the Gonjaland Traditional Area in the Savannah region, Yagbonwura Tintumba Boressah, has been confirmed dead. Boressah II was the president of the Savannah Regional House of chiefs. The Yagbonwura joined his ancestors on Sunday morning. As custom and traditions of the area demand, there would be gathering …
Read More »All You Need To Know About The Gold For Oil Policy
Introduction: 1. The Gold for Oil (G4O) Programme is an initiative of the Government of Ghana to use the existing Bank of Ghana (BoG) Domestic Gold Purchase (DGP) Programme to support the import of petroleum products into Ghana. 2. The prime objective of the programme is to use additional foreign …
Read More »Akufo-Addo To Germany: Beg China To Support Ghana’s Debt Restructuring
The President of Ghana, Nana Addo Dankwa Akufo-Addo on Friday urged Germany to “encourage” China, an ad hoc member of the Paris Club, to support Ghana’s debt restructuring efforts. He said it was critical that the Paris Club swiftly establishes, with the participation of other official creditors, a creditors committee, …
Read More »Govt To Securitize $3.3bn In Central Bank Loans
Ghana plans to convert an estimated 40 billion cedis ($3.3 billion) of loans owed to the Bank of Ghana into bonds, making the Central Bank the single largest holder of domestic government securities and exposing it to the ongoing debt restructuring process. According to people familiar with the matter, the …
Read More »Economic Crisis Affecting NPP’s Campaign Message For 2024 General Elections – Alan Kyerematen
Flagbearer hopeful of the New Patriotic Party, Alan Kyerematen, has admitted that the worsening economy is making it difficult for the party to come up with a campaign message for the 2024 general elections. Speaking during a visit to the Sefwi Wiawso Traditional Council as part of his campaign tour, …
Read More »Nigeria’s President Meets Governors Over Cash Crisis
Nigeria’s President Muhammadu Buhari has met the state governors from his ruling All Progressives Congress party (APC) over the challenges arising from a scarcity of local currency in the country. At the meeting held in the presidential palace, the governors expressed their disapproval of the government’s policy of redesigning some …
Read More »Danquah-Dombo-Busia Tradition Is A “Bogus” Tradition — Former NPP MP
The former Director of Communications of the governing New Patriotic Party (NPP), Yaw Buaben Asamoa, has backed calls for the party to go to an early congress to elect presidential and parliamentary candidates for the 2024 general elections. According to Mr Yaw Buaben Asamoa who was also the Member …
Read More »Dan Botwe Appointed As Caretaker Minister For Chieftaincy
President Nana Addo Dankwa Akufo-Addo has appointed Dan Botwe as the caretaker of Minister Chieftaincy and Religious Affairs. This follows the resignation of Ebenezer Kojo Kum, Member of Parliament for Ahanta West, as the sector minister. Mr. Kojo Kum submitted his letter of resignation to the President on Friday, 3rd …
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