President Akufo-Addo commissions first gas for Karpowershi as Ghana saves $480 million a year in take-or-pay cost

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has turned on the valves for the use of natural gas from the country’s gas fields, instead of Heavy Fuel Oil (HFO), on the 450-megawatt Karpowership for the generation of power. This follows the relocation of the Karpowership from its original location in Tema to the […]

Obesity is a sign of corruption-Ugandan President declares as he swears he has never stolen from public coffers

President Yoweri Museveni led a march in efforts to stamp out corruption in public offices on Thursday. The Ugandan leader was accompanied by politicians, members of civil society organisations and religious leaders. Several people were forced to walk to work as they were caught unawares by the traffic restrictions. President Museveni pointed out that obesity […]

President Akufo-Addo approves GHS15.6bn to pay depositors of collapsed financial companies

President Nana Akufo-Addo has granted executive approval for the expenditure of GHS15.6 billion to save the funds of depositors of the various financial institutions that have collapsed as well as shore up the liquidity of the financial sector. A letter addressed to the Minister of Finance, Mr Ken Ofori-Atta, by the President’s Executive Secretary Nana […]

‘’We have exceeded our target for 2019’’ – NHIA

The National Health Insurance Authority says it has exceeded the target for indigent registration for the year 2019. Clarifying an earlier publication, the Authority said the 2019 target of Indigent Registration includes pregnant women which was excluded from the figures projected by Deputy Director of Membership and Regional Operations at NHIA, Raymond Avinu. Mr. Avinu who was […]

Off-taker agreements with waste managers: Parliament summons Ministers

The Speaker of Parliament, Mike Oquaye, on Tuesday summoned the ministers for Sanitation and Water Resources (MSWR) and Local Government and Rural Development (MLGRD) to answer questions regarding their delay in signing off-taker agreements with a number of waste management companies. These waste management companies are said to have invested over $1.5 billion in constructing […]

Finance Minister fails to secure Committee’s approval for GHC15 billion for banking sector clean up

Finance Minister Ken Ofori-Atta has failed to secure approval from the finance committee of parliament for an amount of 15.6 billion cedis for the banking sector clean-up. The additional amount, according to a memorandum to parliament from Mr Ofori-Atta on November 28, 2019, is to be used to “protect depositors of failed financial institutions and […]