Author Archives: edwardkanawu

IMF blames cedi’s woes on weak communication

The International Monetary Fund (IMF) has stated that the lack of effective communication by the government on foreign exchange policies, has partly contributed to the cedi’s depreciation. The Fund believes that the lack of clarity also made the public resort to speculations which impacted the local currency’s performance. A report issued by the IMF’s mission that visited Ghana in September ...

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Harde brexit kost werkende Nederlander 300 euro p/j

De brexit-onderhandelingen dreigen uit te lopen op een enorme clash. Als er inderdaad geen overeenstemming wordt bereikt tussen Europa en Groot-Brittannië zijn bedrijven en burgers de pineut. Nog 183 dagen tot de brexit en er is nog geen zicht op goede afspraken tussen Groot-Brittannië en de Europese Unie over het verkeer van goederen en personen ná 29 maart 2019. Als ...

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IMF clearance speeds up processes for China’s $2bn – Akoto Osei

The Minister for Monitoring and Evaluation, Dr. Anthony Akoto Osei, has stated that government will speed up negotiations on the two billion dollar SinoHydro bauxite deal, following the International Monetary Fund’s (IMF) rejection of the Minority’s request to classify the deal as a loan. Speaking to Citi News, Dr. Akoto Osei maintained that the clarification entrenches government’s position that the ...

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Double track system senseless – Mahama

Former President John Mahama has criticised the double track system being implemented by government to cater for the numbers under the Free SHS policy. According to Mr Mahama, the system makes no sense and must be reviewed. “I believe that if Ghanaians come together we can come out with a workable timetable and schedule for implementing free SHS, because the ...

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Court grants injunction; NCA can’t close down Joy, Asempa FMs

An Accra High Court has injuncted the National Communications Authority (NCA) against shutting down Joy FM and sister station, Asempa FM. The court granted an application for interlocutory injunction brought by The Multimedia Group, parent company of the two stations, restraining the Authority from curtailing the transmission radius of the stations or closing them down entirely. The NCA is seeking ...

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TOUGHA tells government to consider issuing e-visas

The Tour Operators Union of Ghana is urging the government to consider issuing e-visas as an incentive to drawing more tourists into the country. “The ease of e-visas has a lot to contribute to the growth of tourism in Ghana and we can’t look further than Rwanda, Kenya and Ethiopia to see the impact on inbound arrivals numbers. “While applauding ...

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Former KMA Boss, Kojo Bonsu joins NDC Flagbearer race

Former Chief Executive Officer (CEO) of the Kumasi Metropolitan Assembly, Kojo Bonsu, has declared his intention to contest the flagbearership race of the opposition National Democratic Congress (NDC). The former Kumasi Mayor joins other party stalwarts such as former President John Dramani Mahama, and former Vice-Chancellor of the University of Professional Studies (UPSA), Prof. Joshua Alabi. Former President Jerry John ...

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Government is working on petrol pricing – Deputy Energy Minister

Deputy Minister of Energy, Mr Mohammed Amin Adam has called on Ghanaians to be patient with government as it strategizes to deal with the pricing challenges of petroleum. According to him, government is working to find a solution for the increase in pricing of petroleum products that affects Ghana and other countries. He said while government appreciates the legitimate worries ...

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$2bn Sinohydro deal not loan agreement – IMF

The Minority MPs had written to the International Monetary Fund (IMF) with a copy to the World Bank to stop the deal on grounds that it is ‘illegal’.The IMF now thinks the $2 billion Sinohydro agreement with Ghana cannot be classified as a loan, documents sighted by Joy Business has revealed. The IMF formed this preliminary view on the Master ...

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Rawlings discharged from Cardio Unit – Office

The Office of former president JJ Rawlings has debunked reports he is being prepared for medical treatment abroad. A statement from his office allayed fears the former military leader is under severe medical condition at the Cardiothoracic Unit of the Korle Bu Teaching Hospital. The statement, however, confirmed that “Rawlings was admitted to the cardiothoracic unit of the Korle Bu ...

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