Serving The Ghanaian Chicago Community
Friday, December 9, 2022
Government has announced the modalities of a domestic debt exchange following the conclusion of Debt Sustainability Analysis as part of negotiations with the International Monetary Fund(IMF). In line with the programme, domestic bondholders are billed to exchange their instruments for new ones, Finance Minister Ken Ofori-Atta said in a televised […]
Accra, the Economic Management Team (EMT) has told Ghana’s bondholders that they would receive their final payments in 2037. How the question is, where will Akufo-Addo be in 2037? They spent the best part of the time trying to convince you with lies that Ghana’s Debt to GDP is 76%. […]
source :falcons.org.za ………..Ghana cited as one of the sources of illegal money transfers to the SA President. South Africa – South Africa and the world would have never known about President Cyril Ramaphosa’s alleged illicit financial mess if the millions of US dollars had not been stolen from his Phala […]
Source:ghananewsonline.com.gh We must be serious with ourselves and safeguard our endowments. RWANDAN President Paul Kagame says it is a worst form of criminality, for any leader in Africa to give tax concessions to mining companies so they mine, without paying necessary taxes. Kagame, who is a Pan-Africanist, criticized presidents in […]
Osabarima Kwame Koh XI, Asamang Tamfoehene says Ofori Panin Fie has never received any amount from Benkumhene of Asamang Tamfoe. The embattled Benkumhene of Asamang Tamfoe Traditional Area, Nana Boakye Darkwa has demanded a refund of a total amount of Ghc115,000 mining proceeds given to Ofori Panin Fie out of […]
The Mobile Money Agents Association of Ghana says the deactivation of SIM Cards by the National Communication Authority will push their members out of business. The High Court in Accra presided over by His Lordship Justice Charles Edward Ekow Baiden has on Monday, 21st November, 2022 ruled in favour of […]
Former Finance Minister, Seth Terkper has said the government’s efforts in dealing with its fiscal deficit and bringing debts to a sustainable level will be an uphill task. The government for the year 2023 intends to spend over 200 billion Ghana cedis against a revenue projection of 143 billion leading […]
To continue to contain inflationary pressures, the Monetary Policy Committee on Monday, November 28, 2022 decided to increase the policy rate by 250 basis points to 27.0 percent. This means cost of borrowing is expected to go up further. The inflation forecast shows that in the outlook, inflation will likely […]