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UTAG rejects Finance Minister’s alternative debt restructuring for pension funds

The University Teachers Association of Ghana (UTAG) has rejected the government’s new proposed debt restructuring offer, which includes pension funds. The Association, in a release...

World Bank has committed $250m to Ghana Financial Stability Fund – Finance Minister

Finance Minister, Ken Ofori-Atta has said that the World Bank has committed $250 million to Ghana’s Financial Stability Fund. According to him, the fund is...

Martin Amidu: 3 new EC appointments: We embolden Akufo-Addo to disregard constitution

Do we as Ghanaians have a right to choose and pick which impunity and abuse of power by Governments under the Constitution to criticise,...

Finance Minister requests participation of pension funds in new proposed offer

The Finance Minister, Ken Ofori-Atta has urged the Board of Trustees of pensions funds to allow for pension funds to be included in government’s...

Shifting timelines to secure IMF deal is terrible – Prof Lord Mensah

JoyNews/AdomNews · Shifting timelines to secure IMF deal is terrible – Lord Mensah Economist Prof Lord Mensah has described as terrible the change of timelines...

Stay tuned and stay positive – IMF boss urges Ghanaians

The International Monetary Fund (IMF) Managing Director, Kristalina Georgieva, has expressed optimism about Ghana’s economic situation, urging, Ghanaians to remain positive. Responding to questions at...

We must support Ghana, it has sound macroeconomic management track record  – IMF boss

The Managing Director of the International Monetary Fund (IMF), Kristalina Georgieva, has urged Ghana’s creditors to support the country, saying, Ghana has a track...
The Fund

We will move swiftly to approve Ghana’s IMF programme – IMF MD assures

The Managing Director of the International Monetary Fund, Kristalina Georgieva, has given the Fund’s firm assurance that it will act swiftly to approve Ghana’s...

Cedi loses marginal grounds against dollar

After two sustained weeks of improvement in value, the cedi begun this week on a depreciation trajectory. It lost marginal grounds against the dollar in...

Ghana’s bilateral creditors set to clear way for $3bn IMF bailout

Ghana hopes to take a big step towards restructuring its $58 billion-worth of debt this week, with its bilateral creditors meeting on Tuesday, April...
cedi

Cedi starts week on strong note; $1 now ¢11.50

The Ghana cedi started this week on another strong note against the US dollar. Checks by Joy Business at some forex bureaus indicate that the...
Chairperson of the Electoral Commission, Jean Mensa

Parliament rejects EC’s C. I to make Ghana Card sole document for new voters’...

Parliament has rejected the Electoral Commission’s (EC) use of the Ghana card as the sole source of identification for one to be registered...

Cedi starts week on strong note; $1 now ¢12.25

The Ghana cedi started this week on a strong note gaining some grounds against the US dollar in the retail or forex market. The local...

IMF talks: Kamala Harris sends important message to Ghana’s foreign creditors

US Vice President, Kamala Harris, has entreated Ghana’s foreign creditors to help the country meet its debt servicing obligation. Madam Harris believes this will enable...

China commits to help Ghana revive economy

The Chinese government has given a strong indication that it is willing to help Ghana secure the balance of payments bailout from the International...
cedi

Cedi improves in value against dollar; $1 now ¢12.40

The Ghana cedi continued its strongest performance against the dollar in recent weeks, as the local currency improved in value against the American today,...

Only Parliament can assure whether road toll will replace e-levy – Egyapa Mercer

The Deputy Energy Minister, Andrew Egyapa Mercer, says Parliament will decide whether to replace the E-levy with road toll or not. This follows concerns expressed...

Road toll re-introduction: We’ll only accept if… – GPRTU

The Ghana Private Road Transport Union (GPRTU) says it has no problem with the reintroduction of road tolls. However, the union’s Head of Communications, Abbas...

Drivers will not work if road tolls are not scrapped – Alliance of drivers...

The Alliance of Drivers has raised concerns about government’s re-introduction of road tolls. This comes on the back of proposed road toll rates for the...
Executive Secretary of National Identification Authority,Prof Kenneth Attafuah

We don’t trust National Identification Authority – Asiedu Nketia

The National Chairman of the opposition National Democratic Congress (NDC), Mr Johnson Asiedu Nketia, says the party does not trust the National Identification Authority...
road toll

Road toll re-introduction: Here’s how much drivers are likely to pay

Drivers are bracing themselves for the re-introduction of road tolls on Ghana’s roads. The levy was abolished in November 2021 as part of what the...
toll booth

Tollbooth workers welcome reintroduction; make strong appeal to govt

Ghana Tollbooth Workers Union (GTBU) has welcomed government's decision to reintroduce road tolls nationwide. According to the Chairman, Henry Dogbe, this is good news and...
Nananoom of Akyem Abuakwa

Okyeman is not ready to secede an inch of its land ….Nananom of Akyem...

Chiefs of the Akyem Abuakwa State has said they will not secede an inch of their lands or tolerate any customary violations within their...
Abdul Salam Adams

New Edubiase MP reveals plan on getting astro-turf for constituency

Member of Parliament for New Edubiase, Abdul Salam Adams, says he is currently working on getting an astro-turf for his constituency. His comment follows the...

Govt announces new rates for road toll reintroduction

The government, through the Finance Ministry, has announced approved rates for the reintroduction of road tolls in the country. This was contained in...

The Battle is the Lord’s but not at Ashaiman; it’s in Ukraine – ...

Former National Democratic Congress (NDC) Member of Parliament for Ashaiman Constituency, Alfred Kwame Agbesi, says government wants to turn Ashaiman into a battleground, especially...

Full text: Akufo-Addo’s Independence Day speech at Adaklu Sports Stadium

I must, first of all, welcome our Special Guest of Honour, the President of the Republic of Guinea-Bissau and current Chair of the Authority...
Afenyo and Buah

Afenyo-Markin, Kofi Buah smoke peace pipe

Deputy Minority Leader, Emmanuel Armah Kofi Buah and his counterpart, the Deputy Majority Leader Alexander Afenyo-Markin, have made peace after trading words on the...

Our meetings with Chinese delegation progressing well, fruitful – Finance Ministry

The Ministry of Finance has said that the government’s meetings with the Chinese delegation from EXIM Bank China are progressing well. In a statement on...
ghana card

Why your Ghana Card has delayed [Listen]

JoyNews/AdomNews · Why your Ghana Card has delayed It has emerged that the National Identification Authority (NIA) has no blank cards to print the Ghana...

We’ll not take any assurances from EC, NIA and Finance Minister – Minority

After more than eight hours of engagement between parliament and state entities over the Public Election (Voter Registration) Regulation 2023, the House is divided...
cedi

Ghana misses restructuring target in blow to ailing currency

Ghana’s cedi, the world’s second-worst performing currency this year, is heading for more pain after the the country missed a self-imposed deadline to restructure...

3 bondholder groups demand immediate payment of matured coupons

Three bondholder groups are demanding the immediate payment of coupons and principals which matured on February 6th and 20th. The group is made up of the...
Chairperson of the Electoral Commission, Jean Mensa

‘Electoral officials deployed for 2020 election work have not been paid’

The Member of Parliament for Tamale South, Haruna Iddrisu, has urged the Finance Minister, Ken Ofori-Atta, to release funds for the payment of officials...

Govt postpones meeting with China on debt cancellation

Finance Minister, Ken Ofori-Atta, has hinted that a planned high-level government delegation to China has been postponed to late March 2023. This is owing to...

High-powered govt delegation to visit China for debt cancellation

A high-powered government delegation will visit China later this week to convince authorities there to accept Ghana’s proposal for debt cancellation with the Paris...

 Leader of Pension Bondholders reacts to claims of death threats

The leader of the pensioners who picketed the Finance Ministry, Dr Adu Anane Antwi, has denied reports that he received death threats for their action...
Kwabena Duffuor

Dissolve Economic Management Team – Duffuor urges

Former Finance Minister, Dr Kwabena Duffuor, says government’s economic management team should be dissolved and reconstituted. The team, led by Vice President Dr Mahamudu Bawumia...
Nana Addo Dankwa Akufo-Addo and retired CJ Sophia Akuffo

Associating my surname with Akufo-Addo for nepotistic reasons ‘irritating’ — Sophia Akuffo

A former Chief Justice (CJ) of the Republic of Ghana, Sophia Akuffo, has said she is irritated by association of her name 'Akuffo' to...

All outstanding matured coupons to be honoured after February 21 – Finance Minister

The Finance Minister, Ken Ofori-Atta, has finally given a timeline to honour outstanding bonds which matured on February 6 for which government defaulted. According to...