POLITICS

The former Ranking Member for the Mines & Energy Committee of Parliament, Adam Mutawkilu says President Nana Akufo-Addo must be solely blamed for the $170 million judgment debt awarded to power company, GCGP. According to the former Damongo MP, the decision to terminate the contract with GCGP was a cabinet decision and approved by President Akufo-Addo. “It’s a clear financial ...

The Executive Director for the Institute of Energy Security, Nana Amoasi VII, has taken a swipe at the Attorney General, Godfred Dame, describing him as negligent for his failure to defend Ghana on the $170 million judgment debt awarded to power company, The Ghana Power Generation Company (GCGP). In an interview on the Morning Starr on Thursday, Nana Amoasi VII ...

An Economist with the University of Ghana Business School (UGBS) Dr Lord Mensah says the downgrade of Ghana’s economic outlook from stable to negative by International rating firm, Fitch, is not surprising. According to the latest Fitch report, the negative rating reflects the significant deterioration in public finances as a result of the Covid-19 pandemic and the delays by the ...

International Economic rating firm Fitch has downgraded Ghana’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to Negative from stable. Fitch has affirmed the IDR at ‘B’. According to the latest Fitch report, the negative rating reflects the significant deterioration in public finances as a result of the Covid-19 pandemic and the delays by government to roll out its fiscal consolidation efforts. ...

The Commercial Court in London has rejected a late appeal from Ghana against a judgement debt award of US$134 million in favour of power contractor, The Ghana Power Generation Company (GCGP). According to the London Court, the government of Ghana failed to apply and set aside the January 26, 2021 decision of the London-based United Nations Commission on International Trade ...

The Overlord of Mamprugu, the Nayiri, Naa Bohogu Mahami Abdulai Sheriga, has applauded President Nana Addo Dankwa Akufo-Addo for seeing to the construction and completion of several projects which had been on the wish list of the chiefs and people of Mamprugu for many years. According to the Nayiri, the impact of the work undertaken by the President Akufo-Addo has ...

The Sekondi High Court in the Western Region of Ghana has ordered the Member of Parliament for Jomoro Constituency, Dorcas Affo-Tofey to produce all valid documents supporting her claim of renouncing her Ivorian citizenship before contesting as a Parliamentary Candidate on the ticket of the National Democratic Congress for the constituency within ten (10) working days. The Sekondi High Court, ...

First Deputy Speaker of Parliament, Joseph Osei-Owusu, has registered his displeasure with the continuous proliferation of foreign content, particularly telenovelas on Ghanaian TV screens, and nothing is still being done about it. According to him, it is not only offensive to local content production but also Ghanaian culture in general. He disclosed he has stopped watching TV as a result, ...

Defence Minister, Dominic Nitiwul, has justified President Akufo-Addo’s decision to charter a £15, 000 an hour private jet for his recent foreign trips. Answering questions from North Tongu MP Samuel Okudzeto Ablakwa, Mr Nitiwul argued that the safety and security of the president was the ultimate factor in deciding the type of aircraft used for his travels. He argued the ...

The Eastern Regional Minister Seth Kwame Acheampong has said he will pursue some 13 million cedis cash locked up in an escrow account for the people of Krobo for water expansion and other developments in the area. The 13 million Ghana cedis in the escrow account comes from royalty limestone being mined in Odugblase, however, the fund is inaccessible due ...