The NDC party launched its 2016 manifesto in Sunyani, last Saturday in the Brong Ahafo Region. President John Dramani Mahama made some claims at that event. Two of such claims were fact-checked by our team of fact-checkers. Both claims were found to be half-truths. Below are the claims he made, the fact-checking verdicts and the … Read more
Deputy Minister of Finance, Mona Quartey has allayed fears of public sector workers whom she said are too worried to discharge their duties because of sanctions prescribed under the Public Financial Management Act 921. The Act which happens to be one of Finance Minister Seth Terkper’s major legacies seeks to regulate and maintain prudent management … Read more
A government delegation led by the Vice President Paa Kwesi Amissah-Arthur has visited the family of the former member of the Council of State, Dr (Mrs) Mary Grant, to commiserate with them on the death of the stateswoman. Mrs Grant of the erstwhile Provisional National Defence Council died at the 37 Military Hospital in Accra … Read more
Customers of Microfinance company DKM Diamond are expected to start receiving their deposits from next month. It follows the completion of works by PWC, the firm appointed by the Registrar-General to review the assets of DKM that can be sold to pay the customers of DKM. The Registrar General’s Department will however from today, September … Read more
Information gathered by Citi Business News indicates that government has commenced meetings with local investors to raise its first dollar denominated bond locally. The Finance Minister, Seth Terkper met the investors in Accra last Friday to convince them invest in government’s upcoming $100 million bond this month. The bond, if successful will be used to … Read more
“Ghanaians have a choice to make; if they want their leader to be sharing cars to individuals at the expense of the people or a leader who will create employment opportunities. One leader may prefer one village, one dam; the other may prefer one chief, one car. It is a matter of choices.” Dr. Alhaji … Read more
By James Kofi Annan Dear Vice President Paa Kwesi Amissah Arthur, a while ago, while you were addressing the 42nd General Council meeting of the Church of Pentecost, you charged Christians in the country to criticize your government if they see that things are going wrong. I am currently far away touring the globe, and … Read more
By Hon. Adu Asare, Former MP of Adenta The much heralded Bawumia Lecture was held last Thursday at the National Theatre amid cheers and hisses from an organised partisan NPP crowd. This programme seems to have been plotted to offer some reprieve and respite to the Nana Akufu-Addo campaign that is yet to show some … Read more
Dear Vice President Paa Kwesi Amissah Arthur, a while ago, while you were addressing the 42nd General Council meeting of the Church of Pentecost, you charged Christians in the country to criticize your government if they see that things are going wrong. I am currently far away touring the globe, and I initially wanted to … Read more
The Mahama-led government has dismissed claims by ex-President J. A Kufour that it deliberately blocked Ghana from becoming a financial hub in Africa, including the plan to establish an off-shore bank in the country. The former Ghanaian leader at a JoyFM Thought Leadership event in Accra recently said his administration put in place pragmatic steps … Read more
The Minister of Finance, Mr Seth Terkper, has expressed satisfaction at the pricing of Ghana’s fifth Eurobond at 9.25 per cent in London on Thursday to raise US$750 million from international investors with appetite for emerging economies’ sovereign debt instruments. Mr Terkper said both the issue and the processes that led to its success were … Read more
The ruling National Democratic Congress (NDC) is oiling its propaganda machinery to ‘douse’ the flame ignited by the New Patriotic Party (NPP) vice presidential candidate, Dr. Mahamudu Bawumia, last Thursday at a public lecture on the economy where he shredded the government into pieces in respect of the economy. The distinguished economist and former Deputy … Read more
NPP Parliamentary candidate Kojo Oppong Nkrumah wants IMANI to properly study Dr. Bawumia’s an economic analysis before offering a critique of the vice-presidential candidate’s work. Suggesting that IMANI’s response was not thorough enough, the NPP candidate for Ofoase Ayirebi constituency in the Eastern region observed that “it appears as if they are in a hurry … Read more
A senior lecturer at Economics Department of the University of Ghana, Dr Eric Osei-Assibey, has supported claims by Vice Presidential Candidate of the New Patriotic Party (NPP), Dr Mahamudu Bawumia that Ghana’s economy is in distress. At his lecture on the health of Ghana’s economy at the National Theatre on Thursday, Dr Bawumia put forward … Read more
Given that the analyses of New Patriotic Party (NPP) vice-presidential nominee, Dr Mahamudu Bawumia, have turned out to be more accurate than those of government, it is only wise that the former Deputy Governor of the Bank of Ghana is listened to when he speaks on the economy, Mr Kofi Bentil, vice president of IMANI … Read more
Finance Minister Seth Terkper, has justified the launch of Ghana’s fifth Eurobond at a high yield of 9.25 percent with a short maturity date. Related Stories Ghana issues fifth Eurobond at 9.25% Ghana puts on hold 2016 Eurobond issue Ghana yesterday (September 8, 2016), issued its fifth Eurobond of 750 million dollars at a yield … Read more
Finance Minister, Seth Terkper has accused the New Patriotic Party’s (NPP) running mate for the 2016 elections, Dr. Mahamudu Bawumia of selectively using the data on government for his lecture yesterday, September 9, 2016. According to Mr. Terkper, it is unrealistic for the NDC to borrow 39.9 billion US dollars announced by Dr. Bawumia since … Read more
A former Deputy Governor of the Bank of Ghana, Dr. Mahamudu Bawumia has questioned government’s 63% debt to GDP figure quoted as at the end of May this year. He describes as misleading, the calculation by which the said figure was arrived at. “The calculation of the GDP ratio used by the Minister is plain … Read more
Ghana issued a $750 million Eurobond on Thursday at a more favourable yield of 9.25 percent compared to its last sale, officials said, bringing in badly needed cash to balance the government’s budget before elections in December. Finance Minister Seth Terkper told Reuters that Thursday’s sale was oversubscribed with orders exceeding $4 billion, reflecting investor … Read more
The International Monetary Fund (IMF) has every right to walk out of the three-year Extended Credit Facility (ECF) programme with the country, following Parliament’s refusal to legalise the zero limit on Central Bank financing of the budget deficit, a former deputy Governor of the Bank of Ghana (BoG), Mr Emmanuel Asiedu-Mantey, has said. An IMF … Read more