President Mahama to deliver first State of the Nation Address on February 27.
the President would use this opportunity to “delve deeply into our current economic situation
the President would use this opportunity to “delve deeply into our current economic situation
This marks the second wage adjustment in less than a year. The latest pay rise follows a significant 23% salary adjustment in 2024, which was aimed at cushioning workers against rising living costs
The U.S. Department of Agriculture said Tuesday that, over the weekend, it accidentally fired “several” agency employees who are working on the federal government’s response to the H5N1 avian flu outbreak.
The Movement for Change, one of the independent political groups in the 2024 general elections, has charged the Finance Minister, Cassiel Ato Forson, to dissolve all forex bureaux in the country to allow foreign currencies to be exchanged directly at commercial banks.
Addressing a press conference in Accra on Tuesday, February 18, the spokesperson for the Movement for Change, Andrew Appiah Danquah, called on the government to completely overhaul the forex sector, scrap levies such as the betting tax, and maintain the flat rate for Micro, Medium and Small Enterprises (MMSEs).
The Movement believes this will go a long way in restoring financial confidence in the financial sector.
“The stabilisation of the local economy is of prime importance in maintaining a healthy economy. In this regard, while working towards a more robust and comprehensive medium to long-term solution, particularly in the area of boosting exports and enhancing import substitution, the ministry should introduce some short-term policy interventions designed to regulate the demand and supply of foreign exchange.
“In this regard, government should suspend with immediate effect until further notice. The operation of all forex bureaux and mandate all forex transactions to be conducted through the commercial banks and the Bank of Ghana. In addition, government-existent regulations on the retention of frauds from export revenue must be strictly enforced.”
The declaration was made public on Tuesday, February 18, 2025, at the Jubilee House.
Speaking in an interview with Bloomberg TV at the Munich Security Conference, President Mahama emphasized his government’s commitment to implementing the current programme without seeking an extension at this stage.
The Civil and Local Government Staff Association of Ghana (CLOGSAG) has declared a nationwide strike in protest against the appointment of Samuel Adom Botchway as the Registrar of the Births and Deaths Registry.
The country’s power sector is on the brink of a crisis as Karpowership – the operator of the Aboadze power barge has warned it will suspend electricity supply unless the government settles an outstanding debt of $379 million.
Elon Musk was blasted Wednesday following revelations that the Trump administration plans to spend $400 million on “armored” Teslas in what’s reportedly the State Department’s biggest contract of 2025.
Addressing the media, Minister of State for Government Communications Felix Kwakye Ofosu stated that the regional rotational celebration has been paused, as the 2023 event cost the country GH¢15 million