KwasiTunTum Media

President Mahama increases public service workers salary by 10% effective 1st January 2025. This was agreed between all the parties involved on Thursday 20th February 2025.  AGREEMENT ON BASE PAY FOR 2025 THIS AGREEMENT is made this 20th day of February, 2025. BETWEEN The Government of Ghana, represented by the Fair Wages and Salaries Commission (FWSC), Ministry of Labour, Jobs and Employment (MLJE), and Ministry of Finance (MoF) of the one part, AND Organised Labour comprising workers' unions and institutions within the Public Service of Ghana of the other part. Whereas the Parties, negotiating as the Public Services Joint Standing Negotiating Committee (PSJSNC), have concluded negotiations for the 2025 Single Spine Salary Structure Base Pay; It is agreed as follows: TERMS OF AGREEMENT That the Base Pay on the Single Spine Salary Structure (SSSS) has been increased by 10% across board from January 2025 to December 2025. IN WITNESS whereof the Parties herein have set their names an...

Government of Ghana Settles DDEP Bondholders through Payment-In-Cash (PIC) coupon of GH56.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders. President Mahama directs Ministry of Finance to settle DDEP Coupons and build debt buffers through Sinking Fund. Following a directive from President John Dramani Mahama, the Ministry of Finance has today, 17th February 2025, honoured the Payment-In-Cash (PIC) coupon of GH56.081 billion to all Domestic Debt Exchange Programme (DDEP) bondholders. Government has also honoured the Payment-In-Kind (PIK) portion of GHS3.46 billion, deposited into the respective bondholders' securities accounts in line with the DDEP Memorandum. Additionally, Government has also paid into the Debt Service Recovery Cedi Account (Sinking Fund) an amount of GHS9.7 billion as a buffer for the 5th DDEP coupon that will fall due in July and August, 2025. President Mahama is committed to the government's honouring of all obligations under the DDEP. ...

 Glovo Pulls Their Operations Out Of Ghana. We would like to inform you that Glovo has made the difficult decision to close our Ghana operations.  This means that as of May 10th, 10:00 pm, our customer app will no longer be available for placing orders. While we recognize the potential of the Ghana market, building a stronger position in the market and achieving profitability would require substantial investment over an extended period of time.  This is why we have decided to redirect our resources towards the other 23 countries where Glovo operates, enabling us to better serve the millions of customers who use the Glovo app every day. Please rest assured that you will receive all outstanding payments following our Terms and Conditions in due time without delays. A copy of the release can be found here.

 The Producer Price of cocoa has been increased by 58.26% from GH¢20,928 per tonne to GH¢33,120.00 per tonne for the rest of the 2023/24 cocoa season. This figure translates into GH¢2,070 per bag of 64 kg gross weight and takes effect from Friday, 5th April 2024.

 Goil Ghana increases price of fuel at their pumps marginally on Wednesday, 3rd April 2024. NEW FUEL PRICES EFFECTIVE WEDNESDAY 3RD APRIL , 2024 AT 6AM PROMPT. SUPER XP RON95 - GHC 13.99  DIESEL XP - GHC 14.60 A post by GOIL_Official twitter/X account provides the new price of fuel at the pumps. https://twitter.com/GOIL_Official/status/1775484268493324511?t=swl8Z49u79Vux5N3aRUZYQ&s=19