Author: newsfilegh

The Chief Executive of the Ghana Library Authority, (GhLA) Hayford Siaw has asserted that the Ghana Library Authority has provided a mobile library van service to underserved schools and communities that have no access to a library. He said that although the vans available are not enough, 11 vans are currently working to support the outreach in rural communities as well as schools that have no access to the static library. These vans have been operating since 2018, he stated. “For a very long time, we didn’t have a mobile library van, when I took over Ghana Library, all the…

MTN Ghana has announced a 15% upward review of its mobile data prices for both Pay Monthly and Pay-As-You-Go users effective November 14, 2022. The review covers data bundle offers available on the short code 138 and 170, as well as purchases through Electronic Voucher Distribution (EVD), MTN Pulse, and Data Zone except for XtraTime. With this review, mobile data customers will get less data bundles for the same price. Below are detailed examples of how customers’ bundles will be calculated. This price increase does not apply to Fiber Broadband and Fixed Wireless Access (4G Router / Turbonet) customers. Explaining…

Two years ago – on this day 12th November 2020 – our nation was greeted with the shocking and unforgettable news of the passing of Flt Lt Jerry John Rawlings. The shock was deep and the sadness, overwhelming. The grief was interspersed with utter disbelief. To many who took inspiration from his leadership, he was looked upon as a father figure, and a man who stood by his principles with such deep commitment that never wavered. As Head of State and President of Ghana, he introduced just by virtue of his nature – a unique element to leadership in Ghana that…

The Bank of Ghana (BoG) has described as false and unfounded some allegations made by Member of Parliament for Bolgatanga Central, Isaac Adongo. According to the Central Bank, “the allegations are aimed at impugning the hard-won credibility of the Bank of Ghana and its management”. “The Bank of Ghana’s attention has been drawn to a press engagement by the Member of Parliament for Bolgatanga Central, Isaac Adongo, on 8th November 2022 during which he provided some false data and made unfounded allegations,” a statement from the BoG said. The statement recounted that the MP alleged that the Bank of Ghana had…

The decision by the Finance Minister, Ken Ofori-Atta to cap the Ghana Stabilisation Fund at $100 million and the use of excess money from the Fund for other emergency purposes is taking a heavy toll on the fund, an assessment by the Public Interest and Accountability Committee (PIAC) has revealed. At the end of the first half of 2022, the fund generated only $373 million, a situation PIAC is blaming on the capping. According to PIAC, the Fund is expected to be capped at more than $460 million for the year 2022 to accrue more liquidity for emergency purposes. The…

The ECOWAS Bank for Investment and Development (EBID) has signed a 10 million EUR loan agreement with ECO Oil of Burkina Faso. A statement issued by EBID and copied to the Ghana News Agency said the EBID short term loan facility will go to enhance the distribution of petroleum products to Burkina Faso and Niger, by ECO Oil’s sister companies. It said Dr George Agyekum Donkor, the President of EBID, who signed the agreement for the Bank, said it was critical for companies in the oil sector to boost their operations to meet the demands of the population. The statement…

Economist Prof. Godfred Bokpin has expressed worry about the private sector being crowded out from the benefits of the African Continental Free Trade Area (AfCFTA). This is due to the unfavorable tax regime in the country. According to him, the high cost of borrowing coupled with some nuisance taxes are having severe impact on Ghanaian businesses intending to trade favorable under the continental programme, compared to their peers. Speaking to Joy Business, Prof. Bokpin said unless the current tax regime in the country is reviewed, Ghanaian businesses will struggle to compete under the pact. ‘If you look at our tax…

Information Minister, Kojo Oppong Nkrumah, says he is optimistic the country will reach a staff-level agreement with the technical team of the International Monetary Fund before the end of this year. This could signal the country being subscribed to a programme early next year. According to Kojo Oppong Nkrumah, negotiations with the IMF have gone on fairly well, and the government is currently going ahead to place before Parliament some policy measures to halt the depreciation of the cedi and control inflation. These measures will be contained in the 2023 Budget statement which is currently scheduled to be delivered on…

Mr Ken Ofori-Atta, Minister of Finance, will on Thursday, November 24, present the Budget Statement and Economic Policy of the Government of Ghana for the year ending December 31, 2023, to Parliament, Mr Alexander Kwamina Afenyo-Markin, Deputy Majority Leader, has said. Presenting the Business Statement of the House for the week ending Friday, November 18, Mr Afenyo-Markin said by Article 179 of the Constitution, the Minister of Finance was expected to present the Budget Statement and Economic Policy of the government to the House. He entreated all members to take note and adjust their calendars accordingly and be present in…

A Circuit Court in Sunyani presided by Justice Sylvester Nii Okai Ablorh, has sentenced a man and his son to five years imprisonment for engaging in child-trafficking. The convicts, Forkinya Northa, father and Theophilus Northa, son trafficked six minors to Yeji Abenwaa, a fishing community along the Volta Lake in the Bono East Region. They exploited the children to do fishing on the Volta Lake, and their sentences would run concurrently. According to a statement issued by the International Justice Mission-Ghana (IJM) and signed by Mr. Forster Kojo Worlanyo, the National Director, Advocacy and Partnership “after a 44-month trial, the…