The deadline for Ghana’s domestic debt exchange programme ends on Tuesday February 7, 2023 after various extensions since the programme was announced in December 2022. The Finance Minister in an address on February 6, 2023, urged all institutional and individual bondholders to sign on to the programme. He noted that “However, we admit that there were legitimate and critical concerns ...

  President of Ghana, Nana Addo Dankwa Akufo-Addo President Nana Addo Dankwa Akufo-Addo is optimistic that Ghana will conclude talks with the International Monetary Fund (IMF) on a possible financial bailout programme. According to President Akufo-Addo, though government’s debt exchange programme was fraught with several challenges after its announcement, it has largely been accepted by the citizenry. He made this known when the German ...

General News of Tuesday, 24 January 2023 Source: www.ghanaweb.com Tamale South Constituency Chairman of the National Democratic Congress (NDC), Abdul Rauf The Tamale South Constituency Chairman of the National Democratic Congress (NDC), Abdul Rauf, has said that he and his constituents will not accept the decision of the national executive of the party to replace Haruna Iddrisu as the minority leader. According to him, if ...

General News of Wednesday, 25 January 2023 Source: otecfmghana.com Kwaku Agyemang Manu, Health Minister The Ministry of Health has responded to the Auditor-General’s latest report on the government’s COVID-19 expenditure. In the report, the Auditor General noted that the Ministry of Health on behalf of the Government of Ghana paid an amount of $120,192,379.80 to UNICEF/VAT for the supply of vaccines, ...

Senyo Hosi is a convener of the Individual Bondholders Forum The Individual Bondholders forum affirms the need to exclude individual bond holders from the debt exchange programme after an agreement was reached by the government and the Ghana Association of Bankers to offer some incentives to banks. According to a statement signed by their convener, Senyo Hosi, the bondholders stated ...

Business News of Monday, 23 January 2023 Source: www.ghanaweb.com Johnson Akuamoah Asiedu, Auditor-General The Auditor-General has released a report on government’s expenditure made during the COVID-19 pandemic covering the period between March 2020 to June 2022. The special audit report has been prepared under Section 16 of the Audit Service Act, 2000 (Act 584) for submission to Parliament. It detailed the various expenditure made ...

Kumasi International Airport Test run for the €125 million newly-constructed Kumasi International Airport has begun, AviationGhana checks at the facility have revealed. The ongoing test run is imperative ahead of the operationalization of the facility for scheduled and charter flights sometime this year. The Kumasi Airport project comprises the extension of the runway from 1,981m to 2,300m that can accommodate ...

Business News of Friday, 6 January 2023 File photo of Ghana cedis notes While Ghana’s private sector remained in contraction territory at the end of 2022, there were signs of the downturn softening in the latest survey period, according to purchasing manager index posted by S&P Global on Thursday. The report noted that inflationary pressures also moderated in December as ...

General News of Tuesday, 3 January 2023   Vice President, Dr Mahamudu Bawumia The Ghana National Electronic Pharmacy Platform, otherwise known as e-Pharmacy platform, goes live nationwide today, Vice President Dr Mahamudu Bawumia has announced. Ghana’s nationwide e-pharmacy platform, the first of its kind in any African country, and one of the few in the world, is a platform of registered pharmacies, ...

Bantamahene Baffour Owusu Amankwatia VI The Paramount Chief of Bantama in the Ashanti Region, Baffour Owusu Amankwatia VI, has bemoaned the rampant mounting of kiosks and containers causing congestion within the Kumasi metropolis. According to the paramount chief, the development has turned the once blooming city of Kumasi which was referred to as the Garden city into a village. Sharing ...