UT, uniBank case already in court, Parliament can’t intervene – Patrick Boamah

The Member of Parliament for Okaikoi Central, Patrick Boamoah says the petition before Parliament on the collapse of uniBank and UT Bank will achieve no result as the house has no power to intervene in the issue. Speaking on Eyewitness News, he said Parliament per its standing orders is unable to take action on matters that […]

Work resumes on multi-million dollar Jamestown Fishing Harbour

Construction of the Jamestown Fishing Habour has resumed after a brief stoppage due to the COVID-19 pandemic, and is about 20 percent complete. The Chinese company undertaking the job confirmed the project is a Habour and not a sea defense project as was speculated. The residents who initially refused to move from the construction site […]

President Akufo-Addo says no freeze on public sector salaries

President Akufo-Addo has allayed fears of public sector workers that government will freeze their salary increase. Addressing the 11th quadrennial delegates congress of the Trades Union Congress, TUC at Abrankro in the Ejisu Municipality of Ashanti, the President said salary increments for public sector workers have not been frozen. He made the clarification in response […]

IEA calls for key interventions to support businesses amidst COVID-19

The Institute of Economic Affairs (IEA) has called on government to introduce key interventions for businesses to protect livelihoods as the country works around the path to economic recovery as a result of COVID-19. Director of Research of IEA, Dr. John Kwakye called for a re look at the budget with focus on key sectors […]

Tax experts urge Government to review tax exemption regime

tax

The government has been urged to review the tax exemptions regime and pass the Exemptions Bill with the necessary modifications into law. It must also block loopholes in domestic revenue mobilisation, such as illicit financial flows in the natural resources sector. In its presentation on REVENUE MOBILISATION MEASURES IN THE 2021 BUDGET STATEMENT, ALI-NAKYEA & […]

Sudan accepts UAE mediation on Ethiopia border row

Sudan’s cabinet has approved an initiative by the United Arab Emirates (UAE) to mediate on the border dispute with neighbouring Ethiopia, as well as on the row over a mega dam being constructed on the Nile. The al-Fashaga farmlands – where Ethiopia’s northern Amhara region meets Sudan’s Gedaref state in the east – is claimed […]

I’m 3rd in hierarchy: what about you? Bagbin asks Kyei-Mensah-Bonsu

There was a ‘lighter’ showdown in Parliament on Tuesday when the Speaker of Parliament, Mr Alban S. K. Bagbin intimated to his long time friend and the Majority Leader of the House, Mr Osei Kyei-Mensah-Bonsu that he was only a leader of government business in the House. But he [Bagbin], when it comes to Parliament, […]

NDC sacks former Central Regional Chairman Allotey Jacobs

The National Democratic Congress (NDC) has expelled its former Central Regional Chairman, Bernard Allotey Jacobs from the party. According to the party, it took the action against Allotey for misconduct and anti-party behaviour. It noted that its Disciplinary Committee made recommendations which were adopted by the Functional Executive Committee unanimously pursuant to articles 48(I) (b) […]

Let’s have moderate wage increase in 2021 – Professor Peter Quartey

The Institute of Statistical, Social and Economic Research (ISSER), University of Ghana, has advocated that wage increase in 2021 and beyond be moderate and based on cost of living differentials and productivity. “We should not as Ghanaians be quick to jump on the streets asking for higher wages. Our demands, our negotiations should be based […]

Egypt’s Suez Canal blocked by large container ship

Egypt’s Suez Canal has been blocked by a large container ship that ran aground after losing control, causing a traffic jam of cargo vessels in the region. Tug boats were deployed to help shift the 400m-long (1312ft) and 59m-wide ship – the Ever Given – but there are fears it could remain trapped for days. […]