Cedi Gains With Debt Restructuring Offer
THE CEDI appreciated against the dollar, trading at 12.05 from 12.25 at last week’s close as foreign exchange demand eased. The Bank of Ghana sold only US$9.2 million in the spot market last week, compared to US$40 million at the previous January 30 sale. According to AZA Finance, a leading provider of cross-border payments, FX […]
Adomako Kissi Praises Akufo-Addo’s Gov’t For Fulfilling Free SHS Policy
The Member of Parliament for Anyaa Sowutuom, Dr. Dickson Adomako Kissi, has lauded President Nana Addo Dankwa Akufo-Addo for the implementation of the Free Senior High School (SHS) education policy to enhance the country’s manpower resources. He said the effort of Nana Akufo-Addo had made a way for especially Junior High School graduates who because […]
NACOC Destroys 50 Tonnes Of Marijuana Worth Gh50m
The Narcotics Control Commission (NACOC) has destroyed 50,000 Kilogrammes or 50 tonnes of marijuana at the Bundase Military Camp in the Greater Accra Region, worth Fifty Million Ghana Cedis (50,000,000). The two-day destruction exercise is in accordance with the Commission’s law, Act 1019, which requires NACOC to seize, investigate, and prosecute perpetrators, as well […]
“Rebel” MPs Renew Their Call For Ofori-Atta To Resign
Angry New Patriotic Party (NPP) legislators in Parliament claim they haven’t given up on their demand that Ken Ofori-Atta, the finance minister, be fired once the 2023 budget is presented. The dissident MPs claim that getting rid of the Finance Minister is one of their top priorities. According to the majority members, Mr. Ofori- Atta’s ineptitude and conflicts of interest warranted his removal from office. “The indicators were not the total conclusion of the IMF deal. The roadmap was the passing of the budget, the approval of the appropriation and conclusion of the first phase of the IMF negotiation which we’ve reached already because we have reached conclusion at the staff level and this is the […]