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Cedi and dollar

Cedi now ¢11.50 to $1

The Ghana cedi has ramped up in value against the dollar after appreciating by more than 20% in less than two weeks. Ghana’s currency enjoyed...

Why Ghana Cedi is performing against the US Dollar in December – John Dumelo

Ghanaian farmer and politician, John Dumelo, has taken to Twitter to give out reasons why the Ghanaian Cedi is performing best against the US...
MP for the Asawase Constituency Muntaka Mubarack

Your accusations hurt us – Minority to Ghanaians

Minority Chief Whip for the National Democratic Congress’ (NDC) Caucus in Parliament, Muntaka Mubarak, says accusations that suggest the Minority is in bed with...

IMF reaches $3bn Staff-Level agreement with Ghana

The International Monetary Fund (IMF) has reached a staff-level agreement with Ghana on economic policies and reforms to be supported by a new three-year...
Alban Bagbin

Bagbin set up a kangaroo censure motion committee – Muntaka

The Minority Chief Whip, Muntaka Mubarak, has described the ad-hoc committee set up to investigate the censure motion against the Finance Minister as a...
Togbe Afede XIV

Debt exchange: Togbe Afede wades into ‘no haircut’ controversy

The Agbogbomefia Paramount Chief of Asogli State has described the government’s promise of “no haircuts” in the ongoing debt exchange programme as a mockery. ...

Rice, vegetable cultivation initiative launched

An Economic Enclave Project (EEP) to provide land for the cultivation of rice and vegetables has been launched at Kasunya-Teteman in the Shai Osudoku...
Togbe Afede XIV

Debt exchange: Govt promises of ‘no haircuts’ a mockery – Togbe Afede

The Agbogbomefia Paramount Chief of Asogli State has described the government’s promise of “no haircuts” in the ongoing debt exchange programme as a mockery.  Togbe...

Ghana Cedi: From worst to best performer against dollar

Ghana cedi has been tagged by Bloomberg as the best performing currency against the US dollar this week. After being compared to some 150 currencies...
Member of Parliament for Tamale North, Alhassan Suhuyini

Rebel NPP MPs gave us the vim to file censure motion – Suhuyini

Tamale North MP, Alhassan Suhuyini, says the Minority Caucus’s censure motion against the Finance Minister, was motivated by the call by 98 NPP Members...

Why I don’t want to die early – Bagbin explains

Speaker of Parliament, Alban Bagbin, has stated that it is his wish to live longer in order to see things. Though he did not categorically...
President Nana Akufo-Addo and Former President John Mahama

You are causing ministers to create kingdoms in their ministries – Mahama tells Akufo-Addo

Former President John Dramani Mahama has once again criticised Nana Akufo-Addo over his failure to reshuffle his ministers.  Mr Mahama said the President’s lack of...

Ghana cedi will stabilise only if… – A.B.A Fuseini [Listen]

JoyNews/AdomNews · Ghana Cedi Will Stabilise Only If... - A.B.A Fuseini Sagnarigu lawmaker ABA Fuseini believes Ghana's economy will bounce back with the cedi stabilised...

Outcome of censure motion was predictable – CDD fellow

Political scientist and Centre for Democratic Development-Ghana (CDD-Ghana) fellow, Dr John Osae Kwapong, has said he is not surprised about the outcome of the Censure...

Developing world faces $2.5trn shock; Ghana behaves like rich sultanate in the gulf –...

Although there has been a small rally in the bond market in recent weeks, distressed debt in emerging markets remains a serious weak spot...
occupy ghana

Debt Exchange: Pay income tax too – OccupyGhana tells Akufo-Addo

Pressure group OccupyGhana has called for the removal of the tax exemption privilege enjoyed by the President. This comes on the back of government's debt...

Censure motion: ‘Away away’ Minority shouts as Majority walks out

https://youtu.be/R0Bm7m8foWg Secret ballot has been conducted for the Minority in Parliament to determine the fate of Finance Minister, Ken Ofori-Atta, in their vote of censure....
national cathedral

2023 Budget: 4 key areas that received less allocation than National Cathedral

Between an imminent crash of the economy and a desperate cry for an International Monetary Fund (IMF) bailout, Ghana is at crossroads. The steps government...

Debt exchange: Our money shouldn’t be touched – UTAG tells govt

The University Teachers Association of Ghana (UTAG) has warned government not to touch their pension funds in the ongoing debt exchange programme. The Association said...
Abena Osei-Asare, Deputy Minister-designate of Finance

Debt Exchange Programme: Minister replies Labour Unions [Audio]

JoyNews/AdomNews · Abena Osei Asare On Debt Exchange Programme A Deputy Finance Minister, Abena Osei Asare, has fought off claims by Labour Unions that there...

I’ve been given over ¢100k ‘haircut’ on my investment – Franklin Cudjoe

Founding President of IMANI Centre for Policy and Education, Franklin Cudjoe, says he has suffered a “haircut” of over ¢100,000 on his investment with...
Deputy Finance Minister Designate and MP for Ejisu Juaben, John Kumah

You are on your own – John Kumah tells bondholders who reject debt exchange...

Deputy Finance Minister, Dr John Kumah, has advised bondholders to comply with the government’s debt exchange programme. Speaking in an interview on JoyNews’ PM Express on Monday,...
road toll

Road tolls: We will no longer be paying 50 pesewas and ₵1 – Roads...

The Minister for Roads and Highways, Kwesi Amoako-Atta, has said that road tolls will no more be collected by human beings when the levy...
GRNMA

Nurses and Midwives upset over govt’s Debt Exchange Programme

The Ghana Registered Nurses and Midwives Association (GRNMA) has expressed displeasure over the government’s debt exchange programme. The Association has described the programme as unfair...

Parliament does not have the guts to sack any Minister – ACEPA’s Rasheed Draman

JoyNews/AdomNews · “Parliament Does Not Have The Guts To Sack Any Minister” – Dr. Rasheed Draman The Executive Director of the African Centre for Parliamentary...

Labour unions kick against any ‘haircut’ on pension funds of workers

Labour unions in the country have vowed to kick against any attempt by the government to reduce the value of pension funds of public...

Minority kicks against debt restructuring programme

The Minority in Parliament has rejected government's proposed debt exchange programme which seeks to reduce high public debt. The Caucus has described the programme as...

We expect to reach a Staff-Level Agreement with IMF soon

Finance Minister, Ken Ofori-Atta, has expressed confidence that government would reach a Staff-Level Agreement with the International Monetary Fund (IMF) soon for a programme...

We’re shocked Akufo-Addo watched World Cup in Qatar despite economic crisis – Minority

The Minority group in Parliament says it is shocked by the President’s World Cup trip to Qatar despite the country’s economic difficulties. Addressing the press...

Who will monitor your appointees? Mahama quizzes govt on V8 ban

Former President John Mahama has questioned the practicality of government's decision to freeze the use of V6 and V8 in Accra by appointees. According...

Proposed debt exchange programme will bring some confidence into economy – BoG Governor

The Governor of the Bank of Ghana, Dr Ernest Addison, has expressed hope that the proposed debt exchange programme to restructure the country’s debt...

Health Service Workers Union sends strong message to govt over ‘haircut’ on pension funds

The Health Services Workers Union (HSWU) has warned government they will resist any attempt to touch their pensions as part of the debt restructuring...
The Fund

Latest news on IMF deal

The International Monetary Fund (IMF) has indicated that it is premature to comment on the final form the financing programme for Ghana will take....

Organised Labour rejects 18% salary increment [Audio]

JoyNews/AdomNews · Organised Labour rejects 18% salary increment asks for 65% Organised Labour has rejected government’s proposal for 18% increment in the base pay of...

Govt to reintroduce road tolls

Government has announced plans to reintroduce the collection of road tolls on selected roads in the country by 2023. This was contained in paragraph 462...
toll booth

Minority welcomes govt’s decision to reintroduce road toll in 2023

The Minority in Parliament has welcomed the reintroduction of road tolls in 2023. The reintroduction of the levy is contained in the 2023 budget...

Ato Forson calls out ministers and MPs for abandoning budget debate for Qatar

A ranking member on the Finance Committee of Parliament, Dr Cassiel Ato Forson, has criticised government officials who are currently in Qatar to catch...

2023 Budget: TUC rejects govt’s ₵44.9m salary projection

After several attempts to reach an agreement over an increment in their base pay, the Trades Union Congress (TUC) is expected to meet government...

IMF team returns in December for next round of negotiations

A team from the International Monetary Fund (IMF) is expected in the country next week to continue negotiations with the government towards closing a...
Socks can drastically improve your sex life [Dailymail]

Elderly persons need sex too — Gynecologist

Professor Richard Adanu, Rector, Ghana College of Physicians and Surgeons (GCPS), says “elderly people need sex” and asked health facilities to provide services that...