NEWS

The Functional Executive Committee (FEC) of the National Democratic Congress (NDC) has put on hold election of its 2024 Presidential Candidate in the Manhyia South Constituency. The decision was taken at a meeting on Tuesday, April 25. LEARN AND TRADE FOREX WITH GOLIGFX WATCH THE VIDEO BELOW: It is unclear what the reason is. A constituency in the Ashanti Region, ...

President of the Ghana Union of Traders Association (GUTA), Dr Joseph Obeng has lamented the potential effect of the recently passed tax laws on the business community. According to him, the introduction will affect the cost of doing business in the country. The Excise Duty and the Income Tax Amendment Acts that were passed by Parliament take effect from Monday, ...

The Driver and Vehicle Licensing Authority (DVLA) says it will be impounding the vehicles of drivers without valid licenses on the road. LEARN AND TRADE FOREX WITH GOLIGFX WATCH THE VIDEO BELOW: The exercise, which is in accordance with Road Traffic Regulations 47, 158 of LI 2180 of 2012, will begin on May 1. Those to be affected by the ...

Ghana has taken the tough economic decisions needed to win a rescue package from the International Monetary Fund, once bilateral creditors sign off on assurances, said the institution’s Africa Department Director Abebe Selassie. The government has increased taxes and imposed losses on domestic investors, as authorities attempt to meet IMF demands for the $3 billion loan. Still, informal talks with ...

The Fair Wages and Salaries Commission (FWSC) has disclosed that preliminary monitoring report on 58 institutions has estimated that about 22 per cent of their wage bill is unearned salaries. This development emerged from an ongoing nationwide payroll monitoring exercise to expunge existing anomalies and fraud in the public sector payroll. The exercise is to save the country an estimated ...

Fitch Ratings has downgraded Ghana’s Long-Term Local-Currency (LTLC) Issuer Default Rating (IDR) to ‘RD’ from ‘CCC’. Fitch has also downgraded to ‘CC’ from ‘CCC’ and subsequently withdrawn the issue ratings on five local-currency bonds issued prior to the domestic debt exchange. Fitch has affirmed the issue rating of local-currency bonds issued on the completion date of the domestic debt exchange ...

The Chief Executive Officer of the National Communications Authority (NCA) Joe Anokye has announced that the MTN Zone bundle will soon be back. This was after telecom operator MTN submitted a revised data zone bundle which meets the regulatory requirement, Mr Anokye said. MTN announced the suspension of the Zone Bundle on Wednesday, April 05, 2023. A statement issued said ...

Justice Gertrude Araba Esaaba Torkornoo was nominated to the Supreme Court of Ghana by President Nana Addo Dankwa Akufo-Addo in November 2019. She was sworn into office on 17 December 2019. The same President has nominated her to replace Justice Kwasi Anin-Yeboah as Ghana’s next Chief Justice. Profile Gertrude Torkornoo hails from Winneba in the Central Region of Ghana. She ...

The Ghana Football Association (GFA) recently held a meeting with the Professional Footballers Association of Ghana (PFAG) to discuss the involvement of former footballers in the running of the country’s football. This meeting comes weeks after former Black Stars captain, Stephen Appiah, claimed that ex-footballers had been sidelined in the running of Ghana’s football. During the meeting, Stephen Appiah was ...

There is no illegal small scale mining activity (Galamsey) ongoing at the backyard of the President’s residence in his hometown Kyebi in the Eastern Region, the Director of Communications for the governing New Patriotic Party (NPP) Richard Ahiagbah has said. His comment follows an allegation made by a former Minister of Environment, Science, Technology and Innovation, who once chaired the ...