The Finance Ministry has disclosed that government will not terminate the 1.5% levy on electronic transactions, despite its application to the International Monetary Fund (IMF) for economic assistance. This was contained in a statement from the Ministry on Tuesday, addressing key questions regarding government’s ongoing engagement with the Fund. Regarding the controversial levy, the Ministry […]
It appears that calls for Finance Minister Ken Ofori-Atta’s head over Ghana’s current economic misfortunes may have come to naught. Government spokesperson, Kojo Oppong Nkrumah says justifications so far for Ken Ofori-Atta to step down are neither here nor there. Many critics including former President John Mahama have called for him to be sacked after […]
President Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for an economic programme, Joy Business can authoritatively confirm. A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July 1st, 2022 indicates that there had already been a conversation between the IMF boss, Kristalina […]
The 40th Martyrs Day, which commemorates the abduction and killing of three Justices of the High Court and a retired Army officer, was yesterday[June 30, 2022] marked with a solemn church service at the Christ the King Catholic Church in Accra. The victims were Justices Frederick Opoku Sarkodie, Cecelia Koranteng-Addo, Kwadwo Agyei Agyapong and Major […]
Ghana will host the 61st Ordinary Session of the Authority of the ECOWAS Heads of State and Government in Accra on July 3, 2022 at the Kempinski Gold Coast Hotel. The Summit will mark the end of the second-year stewardship of President Akufo-Addo. President Nana Addo Dankwa Akufo-Addo, who is also the Chair of the Authority […]
The government will, from today to Wednesday, conduct a series of engagements with key sector players in the economy to assess the impact of the economic mitigation measures announced in March this year. The exercise is expected to enable the government to determine whether or not the measures have provided enough cushioning from the adverse […]
President Nana Addo Dankwa Akufo-Addo has called on the global community to inspire new partnerships to deal with global crisis, particularly the COVID-19 pandemic. He said the pandemic had reversed years of progress and revealed critical gaps in infrastructure in areas such as health care and digital connectivity. He also observed that global efforts to […]
Ghana’s active case count of COVID-19 has risen beyond 1,000 cases for the first time since a revision to the COVID-19 prevention measures was announced by President Nana Addo Dankwa Akufo-Addo in March 2022. At the time the restrictions which included the mandatory wearing of face masks in public places were lifted, the country had […]
President Nana Addo Dankwa Akufo-Addo has commissioned 100 mercury-free gold processing machines to promote sustainable mining in the artisanal small-scale mining sector. The intervention is also meant to do away with the harmful effects of the use of mercury for gold production. The mercury-free machine consists of a jaw crusher that crushes bigger rocks from […]
President Nana Addo Dankwa Akufo-Addo has said ECOWAS is determined to restore constitutional rule in Burkina Faso, Guinea and Mali. He said the regional body would also work assiduously towards impressing on the countries to do better with the security and humanitarian challenges they were facing. President Akufo-Addo said this when he opened the sixth […]
The Komenda Sugar Factory (KSF) will start the processing of unrefined sugar, molasses until it is able to grow raw materials on its own to feed the plant. Management has almost concluded arrangements to import molasses to refine at the factory. The refining of sugar would augment processing of sugar from local farmers who would […]
President Nana Addo Dankwa Akufo-Addo has called on wealthy economies to re-channel a portion of their Special Drawing Rights (SDRs) sitting with the International Monetary Fund (IMF) to Africa to help fight hunger and food insecurity. It would also augment health provision in the face of the challenges caused by the COVID-19 pandemic and the […]
