Revealed: 12.5 billion cedis injected into seven collapsed banks before their closure

President Nana Addo Dankwa Akufu-Addo has revealed that a total of 12.5 billion Ghana Cedis of public funds went into supporting the seven indigenous banks that collapsed. “To protect the deposits of the seven defunct banks, the Government, through the Ministry of Finance, has had to issue bonds to the tune of some GH¢8 billion […]

No serious country will implement major educational reforms without consultation-Ofosu Ampofo

Aspiring National Chairman of the opposition National Democratic Congress (NDC), Samuel Ofosu Ampofo has faulted government for not broadly consulting all relevant stakeholders before the roll out of the Double-Track system, arguing that no serious country will implement a major educational reform like the Double-Track system without comprehensive consultation. According to him, the new policy […]

Free SHS Brouhaha: Government earmarks 1.5 billion for educational infrastructure

In preparation towards absorbing the high number of graduates of senior high schools as a result of the Free SHS policy, government has earmarked 1.5 billion cedis for educational infrastructure across the country. Out of the amount, 500 million cedis will go into the completion of all uncompleted GETFUND facilities in the various universities. There […]