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The Finance Ministry last week set up a 38-member body named Foreign Exchange Development Committee. The committee is charged with the responsibility of reviewing the existing forex regime and recommend workable solutions for a stable exchange regime. The formation of this committee was greeted with mixed reactions from a cross section of the Ghanaian populace. Some say the committee is ...

Leading member of the opposition National Democratic Congress [NDC], Afrifa Yamoah Ponkoh has denied strongly inciting his party foot soldiers to go all out for a ‘bloody election campaign’ ahead of the 2020 general polls. He claimed he is for ‘peace’ and will not call for ‘war’ as purported – “Anyone with evidence of the allegation should bring it out.” ...

Ghana and the World Bank on Friday signed four agreements, totaling nearly $570 million aimed to transform the economy, boost education, improve sanitation and fight flooding in Accra as well as reduce forest losses. Out of the total commitment for the four projects, $557 million is in loans and just over $12 million in grants. The Greater Accra Resilient and ...

Africa’s telecommunication giant, MTN Ghana, has noted that it is halfway through with fixing mobile data connectivity issues that hit it on Thursday. A statement sighted by GhanaWeb read, “Yello valued customer, kindly be informed that user experience of our data services have significantly improved. We have currently fixed 50% of the issue”. The company stressed that works are still ...

Users of the Eastern Corridor road will soon see a facelift on that stretch. This is according to the Roads and Highways Minister, Kwesi Amoako Atta who revealed that contractors have resumed work on the Eastern Corridor road. Residents and commuters have been appealing to the government to resume work on the deplorable roads which they say is negatively affecting ...

The Electoral Commission (EC) is on track to compile a new voters’ register to replace the blemish-fraught roll. This came to light during the EC engagement with some civil society organisations (CSOs) at Alisa Hotel in Accra yesterday to justify the need for the compilation ahead of the 2020 general elections in December. The determination of the commission could not ...

The founder of the UniBank, Dr. Kwabena Duffour, is seeking an interlocutory injunction from the court to restrain the Ghana Police Service over what he describes as “unlawful threats and harassment” following an invitation from the Crime Investigation Department (CID) last week. According to the embattled businessman cum politician, he was summoned with a letter from the Special Investigation team ...

President Akufo-Addo has disclosed that as at Wednesday January 8, 2020, some 6.5 million Ghanaians had been registered under the National Identification Authority’s (NIA) ‘Ghana Card’ roll-out. According to him, 3.7 million cards have so far been issued since the registration exercise commenced in April 2019. “As at Wednesday 8th January 2020, some 6.5 million Ghanaians have been registered since ...

The International Monetary Fund (IMF) has strongly advised government to consider increasing some existing taxes and re-introduce others government branded as ‘nuisance’ and scrapped in 2017, as part of the short-term measures to address the persistent revenue shortfall. In its 2020 Article IV Consultation report, one of the taxes it called on government to re-introduce is the 17.5 percent VAT ...

The Concerned Voters Movement, a non-governmental organization has supported the decision of the Electoral Commission (EC) to compile a new voters’ register as enshrined in Article 45 of the 1992 Constitution. A Statement signed by Mr Razak Kojo Opoku, Founder and President of the Movement and copied to the Ghana News Agency said the arguments by the National Democratic Congress ...