Inflation for December jumps to 54.1%

Inflation for December jumps to 54.1%

The Ghana Statistical Service has pegged the inflation rate for December 2022 at 54.1 percent. This means that in the month of December 2022, the general price level was 54.1% higher than in the same period in 2021. At 59.7%, food inflation was the highest inflation rate for December 2022, soaring past the 55.3% recorded in November 2022.Inflation for locally produced items was 51.1 while that for imported items stood at 61.9% Speaking at a press conference on Wednesday, the Government Statistician, Professor Samuel Kobina Annim also disclosed that on a year-on-year basis, water went up by over 94%, followed...

Come what may I’ll build National Cathedral – Akufo-Addo

Come what may I’ll build National Cathedral – Akufo-Addo

President Nana Akufo-Addo has once again stated that no matter what happens and despite the criticisms, he will remain resolute and ensure that the National Cathedral is constructed in the last two years of his administration. Speaking at a prayer service at the Jubilee House on Tuesday, January 10, the President said he will not be deterred by the naysayers adding that he will do everything within his power to ensure the completion of the project. “I am determined, come what may, I have two more years, that whatever the case, the National Cathedral will be at a very advanced...

1% E-Levy takes effect today

1% E-Levy takes effect today

The Ghana Chamber of Telecommunications says it will commence the implementation of the revised Electronic Transfer levy (E-Levy) rate of 1% from today, Wednesday, January 11, 2023. The government presenting the 2023 Budget and Economic Policy Statement, reviewed the 1.5 percent electronic transaction levy downwards to 1 percent effective January 2023. The reduction has also been approved by Parliament. In the 2023 Budget presentation in Parliament last November, the Minister of Finance, Ken Ofori-Atta, had announced that the rate was going to be reviewed downwards to one per cent to help the government raise enough money from that tax. The...

Implementation of 1% E-Levy begins from January 11, 2022 – Telecoms Chamber

Implementation of 1% E-Levy begins from January 11, 2022 – Telecoms Chamber

Following the directive from the Commissioner General of the Ghana Revenue Authority (GRA), the implementation of the revised Electronic Transfer Levy (E-Levy) rate of 1% by mobile service providers will begin from tomorrow January 11, 2023. The service providers are Airtel Mobile Commerce (Ghana) Limited, GCB G-Money, Mobile Money Limited, Vodafone Mobile Financial Services Limited and Zeepay Ghana Limited. A statement from the Ghana Chamber of Telecommunications assured the general public that its members are working assiduously with the GRA and other key institutions, to ensure a seamless implementation of the revised E-Levy from January 11, 2023. “The Chamber would...

I need surgery to stop my growth – Ghana’s tallest man cries for help

I need surgery to stop my growth – Ghana’s tallest man cries for help

Sulemana Abdul Samed who is reported to be Ghana’s tallest man is appealing for financial help to undergo surgery to stop his growth. 29-year-old Samed, who stands at an incredible seven feet four inches said on Breakfast Daily on Citi TV on Tuesday, January 10, that Doctors at the Tamale Teaching Hospital have told him that he will continue to add to his height if the surgery is not performed. “I need help for surgery because the doctors said the growth is in my head, so I need surgery to stop it,” Samed said, adding, that he is also suffering from chronic pains in...

Agric Minister Afriyie Akoto likely to resign today

Agric Minister Afriyie Akoto likely to resign today

Citi News has gathered that barring any last-minute changes, the Minister of Food and Agriculture, Dr Afriyie Akoto will tender his resignation letter to the President later today, Tuesday, January 10. The reasons for his resignation are not immediately known, but sources have revealed that the Minister wants to focus on his Presidential bid ahead of the 2024 elections. The Minister is expected to meet President Akufo-Addo later today to hand over his resignation letter. His decision comes days after Trade and Industry Minister, Alan Kyerematen resigned from his position to focus on his presidential ambitions. Dr Afriyie Akoto served...

Parliament to question National Security Minister over Meek Mill video

Parliament to question National Security Minister over Meek Mill video

The Parliamentary Select Committee on Defense and Interior has stated that it will drag the National Security Minister, Albert Kan Dapaah before the House to explain how US Rapper, Meek Mill shot a music video at the Jubilee House. The Committee said the Jubilee House which is a national security installation should be protected at all times, hence the decision to question Mr Dapaah. Ranking Member on the Committee, James Agalga speaking to Citi News said the security of the President could have been compromised easily. “The security of our president could easily be compromised by the conduct of that musician. So...

I’ll still connect black people in America to Africa — Meek Mill

I’ll still connect black people in America to Africa — Meek Mill

Hip-hop artist, Meek Mill, says he will continue to promote unity between Africans in different parts of the world, despite criticisms of a music video he made during his visit to the office of the President of Ghana. Meek Mill, became the target of attacks on social media on Sunday, January 8, 2023, after he released a video of his visit to the Jubilee House, with his music in the background. The video, which went viral almost immediately, was considered by some people as disrespectful, and a breach of the protocol at the Presidency. Member of Parliament for North Tongu...

Appoint another competent, hardworking hard working person as a trade minister – GUTA

Appoint another competent, hardworking hard working person as a trade minister – GUTA

The Ghana Union of Traders Association has appealed to President Nana Addo Dankwa Akufo-Addo to appoint a person of the same stature as Mr Alan Kyerematen to be the next Minister of Trade and Industry following the resignation of Mr Kyerematen. The union indicated that Mr Kyerematen did an excellent job while in office therefore, they expect the new substantive appointee to follow suit. “The Ghana Union of Traders’ Associations (GUTA) is deeply saddened by the news of the sudden resignation of the Trade and Industry Minister, Hon. Alan Kyerematen. “All those who know him and happen to have come in contact with this affable...

Diasporan entertainer flying drone across jubilee house was unexpected – Adam Bonaa

Diasporan entertainer flying drone across jubilee house was unexpected – Adam Bonaa

A Security analyst, Dr Adam Bonaa has said he never imagined that someone could fly a drone across the seat of government, the Jubilee House. He explained that the Jubilee House is supposed to be a security zone because that is where the First and Second Gentlemen of the country operate from. Any drone that is flown across the place is short down by the security and the owners arrested for prosecution, he added. This happens in almost every jurisdiction where drones are flown across the seats of government. Dr Bonaa was commenting on the controversial music video shot by...