GENERAL NEWS

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 …

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, …

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 …

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, …

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 …

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 …

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 …

The Minister for Chieftaincy and Religious Affairs, Ebenezer Kojo Kum has resigned from his position with immediate effect. This was announced in a statement from the Presidency on Friday, February 3, 2023. President Akufo-Addo thus accepted his resignation. Ebenezer Kojo Kum is currently the Member of Parliament for the Ahanta …

Members of a group calling itself the Concern Students Association of the University of Ghana have taken to the streets today in a demonstration dubbed, ‘Ya Br3 Mo’ (We are tired of you). The demonstration, they said, is to register their displeasure with several decisions taken by the University Management …

The Community Water and Sanitation Agency says the government has not yet reimbursed the cost of providing free water during the Covid-19 era, which is 14 million. Under the community management policy, funds in the sum of GHS.37 million were allocated for water systems.   The Metropolitan Municipal and District …