Author Archives: edwardkanawu

Government to approve Downstream Petroleum Policy

The Deputy Minister for Energy, Mohammed Amin Adam has stated that government will approve a Downstream Petroleum Financing Policy to address costly financing challenges hindering the supply of petroleum products on the Ghanaian market. He made this statement at the 5th edition of the Ghana Gas Forum held in Accra themed ‘Driving Ghana’s Downstream Gas Utilisation’. He said a comprehensive ...

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Ghana’s ‘growth prospects strong’ – IMF

The International Monetary Fund (IMF) has said Ghana’s growth prospects remain strong. The verdict by the IMF follows a team visit by its staff to Ghana led by Annalisa Fedelino, from 17–27 September 2018, to conduct the seventh review of Ghana’s economic programme supported by the Extended Credit Facility (ECF). The discussions focused on recent developments, fiscal and monetary policies, ...

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Martin Amidu will ‘bite’ soon – Akufo-Addo

President Nana Akufo-Addo has assured Ghanaians that the Office of the Special Prosecutor (OSP) is being equipped to carry out its mandate and Ghanaians will feel the impact soon. President Akufo-Addo made this known on Friday, 28 September 2018, when he addressed a townhall meeting of Ghanaians resident in Washington DC, as part of his trip to the United States ...

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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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