The Ranking Member on the Economy and Development Committee and Member of Parliament for Ofoase Ayirebi, Kojo Oppong Nkrumah, has outlined a comprehensive three-point strategy aimed at tackling Ghana’s growing energy sector debt, which continues to strain public finances and threaten energy sustainability. Speaking at a press conference organized by …
Read More »Possible Corruption in Ghana’s Gold for Oil Programme: How Ghana lost over GH¢2bn
The introduction of the Gold for Oil (G4O) initiative by the previous government was meant to help strengthen the local currency (Cedi) against the US dollar and reduce the high rate of fuel prices. However, the programme became ineffective and could not meet its initial purpose. Recently, the Bank …
Read More »President Mahama sets bold target to boost Ghana’s cocoa processing
President of the Republic of Ghana, H.E. John Dramani Mahama, has announced an ambitious plan to increase Ghana’s domestic cocoa processing to 50% within the next four to five years, matching or even surpassing the current benchmark set by neighboring Côte d’Ivoire. Speaking during a presidential session at the 60th …
Read More »Upper Manya MP calls for national effort to tackle Ghana’s sanitation crisis
The Member of Parliament for Upper Manya Krobo and a Member of Parliament’s Select Committee on Sanitation and Water Resources, Hon. Bismark Tetteh Nyarko, has called for a collective national effort to address the worsening sanitation situation across Ghana. Speaking on the Channel One Newsroom on Sunday May 25, Hon. Bismark Tetteh Nyarko …
Read More »Ghana’s record reserves to be managed prudently, says Central Bank Governor
The Governor of the Bank of Ghana, Dr. Johnson Pandit Asiama, has given firm assurance that the country’s historic international reserves will be managed prudently to maintain economic stability and bolster investor confidence. Speaking in an exclusive interview with Joy Business’ George Wiafe on the sidelines of the IMF/World Bank …
Read More »I don’t blame you: John Wesley fires back at McDan over prayer is Ghana’s problem comment
The founder and leader of The Apostolic Recover Movement-Yeast, John Wesley Amenuku Agble has heavily descended on Ghanaian business mogul Dr. Daniel McKorley popularly known as McDan for saying churches are the problem of Ghana. Speaking in an interview with Oyerepa FM/TV, McDan lamented the hours most Ghanaian Christians …
Read More »“Ghana’s fuel sector at the mercy of global market” – IES Executive Director
The Executive Director of the Institute for Energy Security (IES), Nana Amoasi VIII, has expressed deep concern over Ghana’s heavy dependence on fuel imports, stating that the country’s fuel sector remains vulnerable to fluctuations in the international market. According to him, Ghana imports over 98% of its fuel due to …
Read More »