News From ghana

Ghana proclaims 2019 as Year of Return

Ghana has declared 2019 as a Year of Return, inviting the global African family to a birth-right journey home to the country. At a colourful launch event at the National Press Club in Washington DC, The President of the Republic, Nana Addo Dankwa Akufo-Addo, says the time has come for people of African descent to make the journey back home ...

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Revealed: Martin Amidu’s letter to Attorney General before his public outburst

It appears the Special Prosecutor, Martin Amidu decided to go public with his plights after internal structures he used to have his problems resolved failed. citinewsroom.com has sighted a letter dated September 10, 2018, written by Martin Amidu and addressed to the Chief of Staff, copied to the Attorney General, Finance Minister and the Chairpersons of the Special Prosecutor’s Governing ...

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Martin Amidu’s funds ready

Attorney General and Minister of Justice Gloria Akuffo appears ‘shocked’ at the supposed ‘outburst’ of Special Prosecutor Martin. A.B.K. Amidu. Mr. Amidu, a former Attorney General, has been in the news lately for suggesting that appointees of the president in sensitive positions in the government are not cooperating with his office to prosecute corrupt public officials. However, the AG said ...

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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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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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