The flagbearer of the National Democratic Congress (NDC), John Dramani Mahama, has accused the government of mismanaging an $11.5 billion loan facility acquired over the last eight years. According to Mahama, these funds, if properly utilised, could have been invested in transformative projects to propel Ghana towards development akin to cities like Dubai. Addressing the Muslim community during a special prayer service at the Great Hall of the Kwame Nkrumah University of Science and Technology (KNUST) in the Ashanti Region, Mahama contrasted the current government’s performance with his tenure. He highlighted that with a $3.5 billion loan during his administration,...
$360m IMF fund to boost dollar supply and strengthen cedi; one dollar equals GH¢16.50
The anticipated US$360 million disbursement from the International Monetary Fund (IMF) in the coming days is expected to provide a much-needed cushion to Ghana’s reserves and further augment the supply-side interventions of the Ghana cedi. This is expected to bolster the performance of the local currency in the near term. Last week, the Ghana cedi gained further on the back of improved foreign exchange liquidity. The Bank of Ghana (BoG) sold about US$93.05 million during the daily auctions and auctioned an additional US$20 million to the Bulk Oil Distributing Companies. This boost in liquidity helped the cedi to recover 1.85%...
‘I am a retired army general ready to rescue Ghana from current difficulties’ – Mahama
The NDC flagbearer, John Mahama, has likened himself to a “retired army general” returning to service, as he campaigns for reelection in the upcoming general elections. Speaking to district and municipal Imams in the Ashanti Region on Monday, 2nd December 2024, Mr Mahama highlighted his determination to address Ghana’s pressing challenges. During the engagement, which formed part of his six-day campaign tour, the former president criticised what he described as the current administration’s economic mismanagement and governance failures. The former President assured the religious leaders of his readiness to provide effective leadership that would steer the nation towards recovery and...
Stonebwoy crowned Artiste Of The Year at Ghana Music Awards UK 2024
Iconic Dancehall/Reggae artiste Livingstone Etsa Satekla better known as Stonebwoy, has once again cemented his position as a global music icon by clinching the prestigious Artiste of the Year award at the Ghana Music Awards UK 2024. The star-studded ceremony, held at the Meridian Grand, N18 3AF in London on Saturday, November 30, saw a plethora of Ghanaian music luminaries in attendance, including King Ayisoba, Joseph Matthew, Fuse ODG, Akosua Agyapong, Mr Drew, and Episode. The night was filled with accolades, as legendary singer Akosua Adjepong was honored with a Lifetime Achievement Award, while Ofori Amponsah and Mark Darlington received...
Ghana Music Awards UK 2024: Joseph Matthew adjudged Highlife Artiste of the Year
The Ghana Music Awards UK 2024 celebrated the best and brightest of Ghanaian talent at London’s Meridian Grand, N18 3AF on Saturday, November 30, 2024. Among the winners was UK-based-Ghanaian Afro-gospel singer Joseph Matthew, who took home the coveted award for Highlife Artiste Of the Year. Joseph Matthew who is also known as JM, was nominated in three categories at the prestigious UK Music Awards event. This is the 3rd major award that the ‘Fear No Evil’ crooner has won. In 2020, he won the International Artiste of the Year award at the maiden edition of the Emerging Ghana Music...
Ensure peace and fairness – Akufo-Addo tells Ghanaians ahead of December 7 polls
President Nana Addo Dankwa Akufo-Addo has made a sentimental plea to Ghanaians to bulwark peace during the upcoming elections on December 7. He accentuated the relevance of preserving Ghana’s hard-earned democratic credentials, depicting them as a national treasure that must be safeguarded at all costs. Speaking at a Thanksgiving service at the Cathedral Anglican Church in Accra, marking the start of his three-day tour of the Greater Accra Region, President Akufo-Addo reiterated his call for a violence-free election. He encouraged all citizens to validate that the electoral process is conducted peacefully, musing the nation’s dedication to democracy. “My message today...
Election 2024: Stay out of trouble on December 7 – Afenyo-Markin urges Ghanaians
Alexander Afenyo-Markin, member of Parliament for Effutu, has advised the youth to avoid engaging in violence during the upcoming elections. According to the lawmaker, political party supporters should prioritise issue-based campaigns that showcase the achievements of their respective parties, rather than resorting to confrontations or unrest. Speaking at the annual Teachers’ Awards ceremony in his constituency, the Majority Leader in Parliament emphasised that any individual caught engaging in acts of violence will face the full force of the law. He stressed that politicians would not intervene to release offenders, emphasising the importance of peaceful and lawful behavior during the election...
Mahama promises to enhance trade and business growth in Ashanti Region
The NDC flagbearer, John Mahama, has reiterated his determination to revitalise trade and business activities in the Ashanti Region, pledging tailored interventions to benefit local traders and entrepreneurs. Speaking during the “Enti Asanteman Aseda Ni” walk held in Kumasi on Sunday, 1st December, Mahama unveiled plans to implement a fixed exchange rate scheme. This initiative, he explained, would help stabilise the cedi against the dollar, thereby creating a more predictable and supportive environment for business operations within the region. Mahama acknowledged the Ashanti Region’s significance, noting that while it is often regarded as a stronghold of the New Patriotic Party...
Free dialysis: NHIA releases ¢200m claims payment to health facilities as treatment begins nationwide
The National Health Insurance Authority (NHIA) has released GH₵200 million as claims payment to health facilities nationwide while rolling out the free dialysis treatment programme, effective December 1, 2024. The NHIA’s prompt payments regime, introduced earlier this year, has been instrumental in maintaining a debt-free status for 2024, ensuring timely reimbursement to healthcare providers across the country. This latest payment brings the total amount released by the NHIA over the last two months to GH¢1 billion, underscoring the Authority’s ongoing commitment to supporting healthcare providers and ensuring the sustainability of the National Health Insurance Scheme (NHIS). Dr. DaCosta Aboagye, Chief...
Akufo-Addo criticises Mahama over lack of roadmap on 24-hour economy
President Nana Akufo-Addo has criticised former President John Mahama and the NDC flagbearer for failing to provide a clear roadmap for his proposed 24-hour economy policy five days before the December 7 election. He said Mahama’s lack of a comprehensive plan for implementing the policy raised concerns about its feasibility and potential impact on the economy. President Akufo-Addo said the four years under former President John Mahama’s Administration and performance were responsible for his defeat in the 2016 elections. He said Mr Mahama would lose again in the 2024 election. Speaking in Dambai, President Akufo-Addo noted that every President before...