The government is set to issue a 7-year cedi-denominated bond on March 30, 2026. It’s also hoping to carry out initial pricing guidance as well as opening the book building on that same day. The disclosure was captured in an Issuance Announcement Document picked by JOYBUSINESS from one of the financial institutions facilitating the offer. This is the first […]
Parliament has referred a special audit report on GH¢68.7 billion in government arrears and payables to the Public Accounts Committee (PAC) for investigation after the exercise uncovered suspected irregularities, falsified records and questionable payment claims. The report, presented to Parliament on Tuesday, March 10, was submitted by the Ministry of Finance through the Deputy Finance […]
World Bank Country Director for Ghana, Liberia, and Sierra Leone, Robert Taliercio, has cautioned Ghana against making a premature return to international capital markets, warning that such a move could undermine the country’s recent economic recovery. Speaking at the launch of the World Bank’s latest Public Finance Review report, titled “Building the Foundations for a Resilient […]
A High Court Judge, Justice Afia Serwah Asare-Botwe, has advised the Attorney-General and Minister for Justice Godfred Yeboah Dame, to recuse himself from the ambulance procurement case involving Dr Cassiel Ato Forson and Richard Jakpa, citing allegations of professional and prosecutorial misconduct. According to JoyNews’ Latif Iddrisu, Godfred Dame stood up in an attempt to […]
The High Court hearing the criminal case against Minority Leader and former Deputy Finance Minister, Dr Cassiel Ato Forson, is set to deliver four separate rulings today, Thursday, June 6. This follows numerous applications filed by the first accused person and the third accused, Richard Jakpa. The applications are an order of enquiry into the […]
The Attorney General Godfred Yeboah Dame will face off with lawyers for Dr Cassiel Ato Forson and Richard Jakpa who are standing trial for causing financial loss to the state in processes leading up to the procurement of some ambulances. The AG has filed an application challenging claims of mistrial and an enquiry into his […]
The Minority Leader in Parliament, Dr Cassiel Ato Baah Forson, has implored President Nana Addo Dankwa Akufo-Addo to apologise to flood victims from the Akosombo Dam spillage and also acknowledge that he erred in telling them that they don’t vote for him. For him, the President’s comment when he visited the flooded areas last Monday was in a […]
The International Monetary Fund (IMF) has addressed the concerns surrounding the Bank of Ghana’s (BoG) GH¢60 billion loss incurred during the 2022 fiscal year, aiming to allay anxieties by asserting that there is no need for alarm. The BoG has faced heightened scrutiny from opposition political factions and civil society organizations due to the substantial […]
