President Nana Addo Dankwa Akufo-Addo, says government has put in place measures to ensure fiscal discipline in the country’s economy to promote growth and debt sustainability.
The Minister of Finance, Ken Ofori Atta, has been given a week to brief Parliament on the issuance of the 2.25 billion dollars bond.
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The bond which was issued in April by the Finance ministry has seen a lot of criticism from the minority in Parliament, which allege conflict of interest and lack of transparency in the issuance of the bond.
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The minority has also petitioned the Security and Exchange Commission of the US to look into the issuance of the bond.
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In an attempt to bring a finality to the issues surrounding the issuance of the bond, first time in the history of Ghana’s Parliament a half-hour motion has been invoked as the minority leader in Parliament Haruna Iddrisu prayed the House to summon the finance minister.
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The motion was seconded by the Majority leader Osei Kyei-Mensah Bonsu as a way to bring clarity to the issuance of the bond.
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The Speaker subsequently ordered the minister to appear before the House within the assigned time to address the concerns of the Minority.
Government has announced it will issue a three year domestic bond. It is unclear how much government intends to raise and what it intends to use the proceeds for.
British Airways (ICAG.L) must turn its attention to repairing its brand after a weekend of chaos and criticism caused by a major IT outage that grounded flights from London's two main airports.
The closure of the Kintampo waterfalls after a disaster that killed 17 students is reported to be having adverse consequences on other tourist sites and businesses in the Brong Ahafo Region.
A member of the defence and interior committee of parliament has urged small scale miners to continue obeying a ban on mining activities, as parliament takes steps to ratify the license regime for the business.
The 2016 Presidential campaign in the Republic of Ghana was marked by diverse issues that all through the process captured the attention of the over 18 million voters across the nation.
The Co-chair of the Ghana Extractive Industry Transparency Initiative (GHEITI), has denied reports that he said helicopters purchased for the Ghana Gas Company had gone missing.
The alleged missing helicopters purchased by the former Mahama administration for the Ghana Gas Company is not missing, said former deputy minister for Power, John Jinapor.
The Millennium Development Authority (MiDA) has shortlisted six applicant companies under the concession for the Private Sector Participation (PSP) in the electricity distribution of the Electricity Company of Ghana (ECG).
Traditionally, every company continually makes effort to add more options to its product or service portfolio: they consider it an effective strategy to not only survive but also thrive in a highly competitive global market.
