CHRAJ Confirms Receipt of Petition
The Commission for Human Rights and Administrative Justice (CHRAJ) has confirmed it has received a petition to investigate the recent $2.25billion bond issued by the government of Ghana. Speaking to...
Tag: Ken Ofori-Atta
NDC’s Brogya Genfi Petitions CHRAJ Over $ 2.25bn Bond
The Ashanti Regional Youth Organiser of the National Democratic Congress (NDC), Yaw Brogya Genfi, has petitioned the Commission of Administrative Justice (CHRAJ), to investigate the $ 2.25 billion...
Government To Issue $2bn Bond To Pay Energy Debts – Oppong Nkrumah
The Akufo-Addo government is set to issue a $2.24billion bond in the coming days to pay the huge debt burdening the country’s energy sector, Kojo Oppong Nkrumah, a deputy Information Minister has...
Stanbic Bank Boss Told To Shut Up
Financial Analyst and Member of Parliament (MP) for the Bolgatanga Central Constituency, has lashed out the Managing Director of Stanbic Bank and President of the Ghana Bankers Association, Alhassan...
BoG Clears Finance Minister Over $2.3bn Bond
Officials of the Bank of Ghana (BoG) have exonerated the Minister of Finance, Ken Ofori-Atta, of any wrongdoing in the $2.25 billion bond issued in April, 2017. The Head of Financial Management...
10 Investors Move To Set Up Domestic Airlines
The abolishment of the tax was seen as an incentive to increase passenger numbers Aviation Minister, Cecilia Abena Dapaah, has disclosed that ten local and foreign investors have expressed interests...
Nana Addo Targets 8.5 Trillion Underperforming Global Fund
President Nana Addo Dankwah Akufo-Addo is targeting the 8.5 trillion dollars underperforming global fund to be used to boost the growth of the Ghanaian economy, Minister of Finance Ken Ofori-Atta has...
World Bank Confirms $2.2bn Support To Ghana
Ghana will benefit from 2.2 billion dollars from the World Bank for next three 3 years according to the Country Director for World Bank, Henry Kerali. Mr. Kerali, who made this revelation at the...
$2.25billion Bond Was Transparent – BoG
The Bank of Ghana has cleared the air on the controversial $2.25billion bond it issued last week saying it was done in a rather transparent manner, contrary to accusations from the opposition...
BoG Officials Clear Finance Minister In Controversial $2.25 Bn Bond Issue
Officials of the Bank of Ghana have exonerated the Minister of Finance in the controversial $2.25 billion bond issued in April, 2017. The Head of Financial Management Service at the Bank of Ghana,...
We’re Not Rushing To End IMF Deal Due To Borrowing Restrictions – Ofori-Atta
Finance Minister Ken Ofori-Atta has refuted claims that government is rushing to end the IMF bailout programme due to borrowing restrictions. Government signed on the three-year extended credit...
Ghana Will Work Again
Vice President Dr Mahamudu Bawumia has shared government’s roadmap for revitalising the economy with Ghanaians living in London and Washington D. C. and other stakeholders in the United States of...
Gov’t Not Ending IMF Programme Due To Borrowing Restrictions
Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary Fund (IMF) bailout programme due to borrowing restrictions. Government entered into...
Government Won’t Extend Deadline
The request by the National Association of Graduate Teachers (NAGRAT) for an extension of the deadline on the SSNIT biometric registration will not be granted, the deputy Finance Minister, Kwaku...
Gov’t Not Ending IMF Programme Due To Borrowing Restrictions – Ofori Atta
Finance minister Ken Ofori-Atta has refuted claims that the government is rushing to end the International Monetary Fund (IMF) bailout programme due to borrowing restrictions. Government entered into...
NAGRAT Begs For More Time To Get Its Member To Register On SSNIT Biometric System
The National Association of Graduate Teachers (NAGRAT) has asked for a month extension to allow its members the opportunity to biometrically register with the Social Security and National Insurance...
Is There Really A Conflict of Interest Situation In Ghana’s US$2.25 Billion Bond Issue?
The Ministry of Finance, through the book building process, recently issued 7- and 15-year bonds at a coupon rate of 19.75%. The bonds were oversubscribed with international investment firm Franklin...
Government Lays Foundations For Tourism Growth
As Ghana looks to diversify its sources of foreign exchange, it has aggressive plans to expand its tourism capacity, with an ambitious proposal for coastline development on the table and an expansion...
Akufo-Addo Forms Akan Government
Contrary to President Akufo-Addo’s pledge to “preserve, protect and defend the constitution” and to “do right to all manner of persons” regardless of their ethnic or religious background,...
Explain Processes Leading To Issuance of $2.25 Billion Bond —Minority Demands
Parliament has asked the Ministry of Finance to explain the processes leading to the issuance of the $2.25 billion bond and allegations of conflict of interest arising out of the transaction. A...