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IMF deal to be reached latest February – Akufo-Addo

President Akufo-Addo has said that the country is hopeful to get an International Monetary Fund (IMF) deal latest in February. According to him, the deal will enable the economy to bounce back. He added that the deal will also help us repair the country’s public finances as well as “rebuild the confidence of outsiders in our economy and our own ...

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Gov’t must exclude Pensioner Bondholders from DDEP – Forum appeals

An appeal has been made to the government of Ghana, particularly the Ministry of Finance to consider exempting pensioner Bondholders from the ongoing Domestic Debt Exchange Programme (DDEP). The proponents, Pensioner Bondholder’s Forum argue that pensioners have no source of income to support them in terms of feeding, buying regular medication, paying medical bills and meeting other critical needs, thus, ...

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FAD Christmas Gala discovers Ghana’s Messi

Football talents abound in Ghana and the African continent in general, however; it takes scouts, mini-tournaments, and in some areas, community-organized football competitions to uncover these endowments. Such competitions, particularly in areas outside the big towns offer enormous opportunities for emerging football geniuses. One of these convergences was recently organized by no other person but the venerable Frank Annoh- Dompreh ...

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Iran sentences former president’s daughter to a 5-year prison term

The activist daughter of former Iranian president Akbar Hashemi Rafsanjani has been sentenced to five years in prison, her lawyer said on Tuesday. The lawyer did not give detail of the charges against Faezeh Hashemi. But Tehran’s public prosecutor indicted Hashemi last year on charges of “propaganda against the system”, according to the semi-official ISNA news agency. State media in ...

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Oquaye wants fixed term for EC Chair

Former Speaker of Ghana’s Parliament, Professor Mike Aaron Oquaye wants the appointment process for the Chairperson of the Electoral Commission (EC) reviewed. He wants a fixed term of 6 years for the Chairperson of the elections management body. Speaking in an interview with TV3’s Alfred Ocansey on Monday, January 9, the former lawmaker for Dome-Kwabenya indicated that the appointments of ...

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Telcos to implement 1% E-Levy charge from tomorrow

The Ghana Chamber of Telecommunications says it will commence the implementation of the revised Electronic Transfer levy (E-Levy) rate of 1% from 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. The chamber ...

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SHSs ready for 2023 academic year — CHASS President

Many second-cycle schools have expressed their readiness to reopen for the commencement of the 2023 academic year. In separate interviews with the Daily Graphic, the management of some second-cycle schools expressed their readiness to reopen for the commencement of the 2023 academic year. According to the management of some of the schools, they had put in place the necessary arrangements ...

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Nigeria restricts cash withdrawal to $44 a week per individual

Nigeria has officially restricted massive cash withdrawals from the bank beginning Monday the 9th January in an effort to cool off inflation. Nigerians will only be allowed to withdraw 44 dollars per week per individual and $11,000 for businesses. This policy is most likely to affect millions of Nigerians especially businessmen and high cash-intensive activities. The stated goal of the ...

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Alleged Corruption at Northern Development Authority: OSP to release outcome in due course

The Office of the Special Prosecutor (OSP) says it has concluded investigations into corruption-related allegations at the Northern Development Authority. This is contained in a half-year report issued by the OSP. According to the OSP, the release of the report is in pursuance of section 3(3) of the Office of the Special Prosecutor Act, 2017 (Act 959). The 13-page report ...

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Ethiopia regulator decries harassment of journalists

The state-funded Ethiopian Media Authority (Ema) has issued a statement calling on the authorities to stop harassing media workers, particularly investigative journalists. It came after the privately owned Ethiopian Satellite Television (Esat TV) said last week that it had received what it called a letter of intimidation from a court in the capital, Addis Ababa. “Of late, a tendency to stop the ...

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