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State Attorneys have declared and indefinite strike over government's inability to resolve the outstanding issues regarding their salaries. They issued a seven-day ultimatum on October 10 for the enforcement of an order to harmonize their salaries with that of the members of the lower bench. The state lawyers are also demanding...
Seth Terkpe,finance minister Seth Terkper, Minister of Finance, on Thursday October 20, laid a paper containing details of the government’s budget for the first quarter of 2017 before parliament. The paper has been referred to the Finance Committee of Parliament. The committee is expected to present its report on the...
The Minister of Finance, Seth Terkper, is expected in Parliament today, October 20, 2016 to present an advanced budget covering government spending for the first quarter of 2017. The move has become necessary because of the December 7 polls and the need to prevent overspending in case of a...
Fuel prices across various outlets in the country have increased between three and 11 per cent, the Chamber of Petroleum Consumers Ghana (COPEC-GH) has indicated.This follows a review of fuel prices in the country in the second National Petroleum Authority (NPA) interim regulations for the second window in the...
Some aggrieved customers of DKM Diamond Microfinance Limited (DKM) have expressed disappointment after receiving part payment of their locked-up investments after a moratorium was placed on the financial institution by the Bank of Ghana.The Registrar-General’s Department under the Ministry of Justice was engaged by the BoG to handle the...
Seth Terkpe finanace minister The Minister of Finance, Seth Terkper, will be presenting the government’s budget for January-March 2017 to parliament on Thursday October 20. This was announced on the floor of parliament on Friday October 14 by Deputy Majority Leader Alfred Agbesi. The minister is also expected to present...
Inflation has shot up from 16.9% in August to 17.2% in September 2016. Inflation for imported items also rose from 17.3% in August to 18.7 in September. Locally produced items however dropped from 16.7% in August to 16.6% in September. The food and non-alcohol beverages group recorded a year-on-year...
The Chamber of Petroleum Consumers (COPEC-GH) is predicting an increase in petroleum prices in the country during the next price deregulation window. This follows what the chamber described as increases in crude prices on the world market in the past few days. The next price deregulation window is scheduled for...
    President John Mahama has disclosed that discussions are far advanced for Ghana to reduce the cost of marine gas oil by at least twenty percent. The National Petroleum Authority (NPA) is however expected to announce the ultimate decision and determine the subsequent implementation. According to President Mahama, the reduction is expected...
Bank of Ghana The Ghana Integrity Initiative (GII) has questioned the Bank of Ghana’s justification of its decision to sole source the procurement of gold watches for their retiring staff. Some documents sighted in some media reports indicated that on July 22, 2016, the central bank sent a request to the...