732 The Individual Bondholders Association of Ghana (IBHAG) has slammed the Finance Minister for defaulting on the payment of maturities and coupons for February 2023 as earlier agreed. In a strongly worded statement, IBHAG called on the Finance Minister to clarify this apparent contradiction adding that their technical and legal teams are assessing the memorandum […]
General News
Say No To Religious Intolerance-COKA Writes
813 Christianity, traditional and Islam are the three major religions in Ghana. For that reason, the 1992 constitution guarantees religious tolerance and freedom. Today, there are inter-religious marriages all across the country. Hon. Haruna ldrissu (MP), Sule Muntari (footballer), Kalsoume Sinare( actress) and others are all muslims married to christians. And by religious tolerance, we […]
MTN Ghana Reviews Tariffs Upward
923 Scancom PLC (MTN Ghana) has announced an upward review of the tariffs of its products and services effective February 07, 2023. The review is as result of two changes. Firstly, the implementation of the 2.5% statutory adjustment of VAT from 12.5% to 15% across all services. This will impact both Prepaid and Post-paid customers. […]
A/R: Businessman petitions Police Command to investigate its two officers
1,424 A businessman and self-acclaimed building contractor in Ashanti Region has petitioned the Regional Police Command against what he described as the unprofessional conduct of two police officers in the region. Petitioner, Mr. Yaw Gyamfi claims, a couple of months ago, while working on a parcel of land he bought at Senfi in the Bekwai […]
Korle Bu doctors suspend planned 13th-month pay arrears strike
834 Doctors at the Korle Bu Teaching Hospital have suspended their intended withdrawal of services over their 13th-month salary arrears. The group earlier threatened to withdraw services to the Outpatient Department as well as elective surgeries and procedures at the hospital from February 6-10 if management does not come up with a clear roadmap for […]
Aggrieved pensioners to picket Finance Ministry over inclusion in DDEP
708 A group, calling itself the Pensioner Bondholders Forum, has vowed to picket at the Ministry of Finance to register their displeasure over government’s decision to include them in the Domestic Debt Exchange Programme (DDEP). In a statement signed by the lead convener, Dr Adu Antwi, the retirees indicated that they are opposed to government’s […]
5 injured as Bibiani Zongo residents clash with Asante Gold Corporation security men
868 Some residents of Bibiani Zongo have clashed with the military guards of Asante Gold Corporation. Five persons have been injured as a result of the clash. According to Adom News’ Augustine Boah, the five injured person are currently responding to treatment at the Bibiani Government Hospital. Out of the 5 injured persons, two sustained […]
Don’t deny your children access to education-Rev. Ntim Fordjour
806 The Deputy Minister for Education, Rev. John Ntim Fordjour, has advised parents not to deny their children access to education no matter the circumstances they may find themselves. He explained that irrespective of the kind of work they did and the kind of conditions they may find themselves in, there was no way they […]
Government to securitize $3.3bn in Central Bank loans
681 Ghana plans to convert an estimated 40 billion cedis ($3.3 billion) of loans owed to the Bank of Ghana into bonds, making the Central Bank the single largest holder of domestic government securities and exposing it to the ongoing debt restructuring process. According to people familiar with the matter, the bonds will be issued […]
A/R :Atonsu -Lake Road 99% Complete
981 The First phase of the reconstruction of the Atonsu-Lake Road is 99 per cent complete, and the contractors, China Henan International Cooperation Group (CHICO), is ready to hand over the project to the government for use by pedestrians by the end of February. The project include the dualisation of the road from the Brewery […]