Business News of Monday, 5 December 2022 Source: www.ghanaweb.com Ken Ofori-Atta, Finance Minister Minister of Finance Ken Ofori-Atta has been announcing measures to be contained in Ghana’s Domestic Debt programme. Speaking at a press briefing today, December 4, 2022; he outlined different measures as relates to among others Treasury Bills, other domestic bonds etc. “Your T-bills are safe. Treasury bills are ...
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Ghana to swap Cedi debt for new bonds in restructuring
General News of Monday, 5 December 2022 Ken Ofori-Atta, Finance Minister Ghana is asking local bondholders to accept losses on interest payments as it restructures its debt to qualify for a loan from the International Monetary Fund. The West African country will replace existing local-currency debt with four new bonds maturing in 2027, 2029, 2032, and 2037, Finance Minister ...
Read More »2022 World Cup: There were lots of negatives surrounding my appointment – Otto Addo
General News of Monday, 5 December 2022 Otto Addo Otto Addo, outgoing Head Coach of the senior national team of Ghana, the Black Stars says there were lots of negatives surrounding his appointment. At a press conference after Ghana’s elimination from the World Cup, Coach Addo announced his decision to step down as Head Coach of the Black Stars. ...
Read More »Parliament to debate 2023 budget tomorrow
Ghana’s parliament Members of Parliament (MPs) will on Tuesday, November 29, 2022, begin debate on the 2023 Budget Statement. Ahead of the debate, Deputy Majority Leader, Alexander Afenyo Markin, has outlined areas of concern saying, “on November 29, 2022, it’s expected that the debate will focus on Finance, Agriculture, Trade and Industry, and Wednesday Communications, Energy, Roads, Works, Housing, Sanitation ...
Read More »Norway Appeal Court dismisses appeal against Ghana
Attorney General and Minister for Justice, Godfred Yeboah Dame By a unanimous decision, the Oslo Court of Appeal, Norway composed of three Justices of Appeal (Pal Morten Andreassen, Irene Sogn and Rolf Ytrehus), has in a judgment dated Tuesday, November 22, 2022, dismissed an appeal filed by Messrs. Jongsbru AS, the sellers of a property identified by the Republic ...
Read More »How GII, CDD, IMANI, MFWA reps swiftly vouched for Bawumia’s incorruptibility but mute on Mahama
Former President, John Dramani Mahama and Vice-President, Dr Mahamudu Bawumia After controversial journalist, Anas Aremeyaw Anas published a teaser on Charles Adu-Boahen’s exposé suggesting Vice President Bawumia took an “appearance fee”, top civil society representatives quickly came to Dr. Bawumia’s defense. From NewsFile Host Samson Lardi Anyenini to representatives from the Ghana Integrity Initiative (GII), The Center for Democratic ...
Read More »Ghana’s total debt stock currently stands at GH¢450 billion in 2022 – Ofori-Atta
Minister of Finance, Ken Ofori-Atta, has said the country’s total debt stock currently stands at GH¢450 billion in 2022 from a total of GH¢120 billion in 2017. This represents about GH¢300 billion in borrowing since the Akufo-Addo government came into office in January 2017. Ken Ofori-Atta appearing before the ad-hoc committee probing a censure motion filed against him by the Minority ...
Read More »Who is Prof Adu Boahen, Charles Adu Boahen’s father?
Prof Albert Adu Boahen Former Minister of State in charge of finance’s alleged actions in the ‘Galamsey Economy’ exposé by investigative journalist, Anas Aremeyaw Anas, is said to have been an embarrassment to his family particularly his father, Prof Albert Adu Boahen. Speaking during his appearance at the ad hoc committee hearing on a vote of censure motion against him, on Friday, ...
Read More »FULL TEXT: Ken Ofori-Atta’s response to censure motion
The Minister for Finance, Ken Ofori-Atta, on Friday, November 18, 2022, appeared before an 8-member committee ad hoc committee of Parliament hearing a vote of censure motion against him. The minister as part of his appearance gave a response to five out of the 7 grounds levelled against him by the minority in parliament who are the proponents of the motion. Mr Ken ...
Read More »National Cathedral: You got it all confused – Ofori-Atta to minority on Contingency Fund, Contingency Vote
Finance Minister, Ken Ofori-Atta Embattled Finance Minister Ken Ofori-Atta has observed that the minority in parliament, who have filed a motion of censure against him on seven grounds, one of which is that he unconstitutionally withdrew money from the consolidated fund toward the construction of the national cathedral, seem confused over the processes he used in securing the funds ...
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