Nana Agyei Baffour Awuah, the MP for Manhyia South, has cast doubt on the credibility of a report that was presented in Ghana’s Parliament and said to be from the Ghana Audit Service. He said that the statement read by Deputy Finance Minister Thomas Nyarko Ampem did not make it clear that it was based…
The Ministry of Finance has put an end to what it called “systemic abuse of public funds” after the Ghana Audit Service found GH¢8.1 billion in problems in its report on arrears and payables as of the end of 2024. Deputy Finance Minister Thomas Nyarko Ampem spoke on behalf of Finance Minister Cassiel Ato Forson…
Felix Kwakye Ofosu has said that about GH¢50 million that belongs to Bernard Antwi-Boasiako, the Ashanti Regional Chairman of the New Patriotic Party, has been frozen as part of ongoing investigations into financial crimes. He told PM Express on Joy News that the Economic and Organized Crime Office took the action to protect money that…
Felix Kwakye Ofosu says that the Cabinet has agreed to bring back special tribunals to speed up cases of corruption and illegal wealth. This is meant to cut down on delays in the judicial system and make it easier to handle cases related to the government’s Operation Recover All Loot (ORAL) initiative. The Abura Asebu-Kwamankese…
Felix Kwakye Ofosu, a government spokesperson, has turned down calls for the government to pressure the courts to speed up prosecutions under the Operation Recover All Loot (ORAL) initiative. He said that the government will not interfere with the courts. Kwakye Ofosu said on PM Express on Joy News that the government’s job is only…
The war between the US, Israel, and Iran has been going on for eleven days and has killed more than 1,700 people and caused a lot of damage to people and the economy. President Donald Trump says that “major strides” have been made and that the mission is partially successful. However, Iran has ruled out…
Oil marketing companies (OMCs) in Ghana are worried that bulk fuel distributors (BDCs) are raising prices too soon. They point out that the petroleum products that are currently on the market were brought in before the Middle East conflict and should not yet reflect the costs of war. Dr. Riverson Oppong, the CEO of the…
The National Labour Commission (NLC) has told the Civil and Local Government Staff Association, Ghana (CLOGSAG), to call off its planned nationwide strike on March 9, 2026. The NLC says this is because CLOGSAG did not follow the Labour Act 2003 (Act 651). The Commission said that CLOGSAG didn’t give the other party or the…
Dr. Johnson Pandit Asiama, the Governor of the Bank of Ghana, said that the Domestic Debt Exchange Programme (DDEP) initially put a strain on banks’ balance sheets, lowering their capital buffers and limiting their ability to lend. However, ongoing recapitalization and regulatory oversight have made the sector stronger. Capital adequacy has gone up to 17.5%,…
To make border controls stricter, stop the flow of money, and protect government revenue, the Ghanaian government has banned the land transit of nine goods: cooking oil, rice, sugar, frozen goods, textiles, flour, canned tomatoes, pasta/spaghetti, and pharmaceuticals. Dr. Cassiel Ato Forson, the Minister of Finance, announced the directive during a meeting with Aaron Akanor,…
