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Government of Ghana Settles DDEP Bondholders

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. ...

President Mahama Appoints Dr Johnson Asiamah as Governor of Bank of Ghana.

President Mahama Appoints Dr Johnson Asiamah as Governor of Bank of Ghana. REPUBLIC OF GHANA PRESIDENCY COMMUNICATIONS. According to the website www.presidency.gov.gh on Friday, January 31, 2025. PRESIDENT MAHAMA NOMINATES DR. JOHNSON ASIAMAH AS GOVERNOR OF THE BANK OF GHANA. President John Dramani Mahama has nominated Dr. Johnson Asiamah to serve as Governor of the Bank of Ghana pending approval by the Council of State. Dr Asiamah's nomination follows the receipt and acceptance of a formal request by current Governor, Dr. Ernest Addison, to proceed on leave leading to his retirement on 31st March, 2025. Dr Johnson Asiamah who previously served as a Second Deputy Governor of the Bank of Ghana between 2016 and 2017, holds a PhD in Economics from the University of Southampton, UK and has extensive experience in monetary policy formulation, financial stability regulation and economic research. He has a wealth of experience in the banking having worked at the Bank of Ghana for over 23 ...

EPA orders immediate halt to illegal mining in water bodies

 EPA orders immediate halt to illegal mining in water bodies. The Environmental Protection Authority (EPA) has issued a strong directive calling for the immediate cessation of all illegal mining activities in and around Ghana’s water bodies. This urgent call comes in response to the alarming increase in illegal mining (commonly known as galamsey), which poses significant threats to the country’s environment, public health, and long-term sustainability. In a press statement dated 28th January 2025, the EPA expressed deep concern over the devastation caused by mining operations near water sources. According to recent reports and inspections, the unchecked destruction of natural ecosystems has escalated, endangering water resources, wildlife, and human lives. Citing Section 2 and 3b(ii) of the Environmental Protection Act, 2025 (Act 1124), the EPA directed all individuals and entities engaged in illegal mining—both small-scale and large-scale—to immediately cease operations. To ensure...

Government Sets Up GoldBod To Tackle Cedi Depreciation

FINANCE MINISTER, DR. CASSIEL ATO FORSON, Ph.D., INAUGURATES TECHNICAL COMMITTEE TO DRAFT A LEGAL FRAMEWORK FOR THE ESTABLISHMENT OF THE GHANA GOLD BOARD (GOLDBOD). The government of Ghana through the ministry of finance has on 27TH JANUARY, 2025 set up a committee to see to it that Ghana Gold Board is established and stabilises the country's finance. 1. Distinguished members of the press, I warmly welcome you this afternoon to the Ministry of Finance. 2. Today, we gather to inaugurate a Technical Committee tasked with developing the legal and operational framework, particularly the drafting of a Bill for the establishment of the Ghana Gold Board (GoldBod). 3. The GoldBod is a flagship initiative envisioned by His Excellency President John Dramani Mahama for economic revitalization.  4. It seeks to serve as a vehicle for achieving currency stability through the structured purchasing and management of Ghana’s gold resources. 5. As Africa’s leading gold producer, Ghana derives subst...

ELECTORAL COMMISION RECRUITS COLLATION OFFICERS

EC GHANA: Recruitment of Collation Officers – KINDLY APPLY RECRUITMENT OF COLLATION OFFICERS The Electoral Commission wishes to inform the General Public that as part of its preparations towards the conduct of the 2024 Presidential and Parliamentary Elections, it is receiving applications from interested persons for the position of Collation Officer. APPLICATION SUBMISSION: All applications are to be submitted through the official portal: https://ecjobsghana.com Applicants who wish to work at the Regional Level (Regional Collation) /Constituency Level (Constituency Collation) should indicate their preference within the portal. DURATION OF ENGAGEMENT: Successful Applicants will be trained for the Collation of the 2024 Election Results at the Constituency and Regional Levels. REQUIRED QUALIFICATION: The minimum academic qualification for a Collation Officer is a Master’s Degree in any of the following fields: Mathematics, Actuarial Science, Accounting, Statistics, or a related field....

North Tongu MP Donates Bicycle To Female Students

 North Tongu MP Donates Bicycle To Female Students in his constituency. Sam Okudzeto Ablakwa shared the bicycles to some selected towns in his constituency go help the recipients have easy means of transportation to school. This was seen in a post the MP made on Twitter/X platform which reads: "In the spirit of Eid, and in continuing with my interventions to promote female education in Zongo Communities in my beloved North Tongu, I donated bicycles to female pupils to facilitate their transportation to and from school.  This phase covered the Juapong, Podoe, Tagadzi, Bukari Kope, Volo and Dramani Kope enclave.  Last year, phase one covered the Aveyime, Battor and Mepe corridor.  I am determined to help remove every barrier that militates against access, quality and equity.  Let’s keep motivating our children, particularly girls to avoid dropping out and remain committed in the pursuit of their educational dreams.  Happy Eid, folks.  #NorthTonguRising ...

John Dumelo Share Eggs For Votes At University of Ghana

John Dumelo Share Eggs For Votes At University of Ghana, Legon Hall On Eid-ul-Fitr day. The NDC parliamentary aspirant for Ayawaso West Constituency did the honours of sharing eggs to students in person. This was seen in his twitter/X post he made on 11th April, 2024 which reads:   I visited some halls on Legon campus yesterday where I interacted with students and also to listen to their concerns. In my own small way I also gave out some provisions including fresh eggs from my farm to cushion them till semester ends. #idey4u The link to the tweet: https://twitter.com/johndumelo/status/1778351753190154403?t=xhaDQUwmJfv-DAasaZo5pw&s=19

President Akufo-Addo Appoints Osafo Marfo's Son As SSNIT BOSS

 President Akufo-Addo terminates the appointment of Dr. John Ofori-Tenkorang as Director-General for SSNIT.  "A picture of Mr. Kofi Bosompem Osafo-Maafo" He's been given 3 months salary in lieu as Osafo Maafo's son takes over. The Press Release: Dear Dr. Ofri-Cabeng! RE: TERMINATION OF OFFICE AND HANDING OVER Reference is made to your appointment letter dated 18 July, 2019, issued by the Public Services Commission. In accordance with paragraph 8 of the said appointment letter, I regret to inform you that the President has terminated your appointment effective 15th April, 2024 with three (3) months salary in lieu of notice. You are directed to hand over your office to Mr. Kofi Bosompem Osafo-Maafo and proceed to collect any terminal benefits you may be entitled to. To ensure a smooth transition, kindly hand over and cease to act as the Director-General of the Social Security and National Insurance Trust (SSNIT) no later than close of business on Monday, 15th April, 202...

ISIS Threatens Terrorist Attack On Champions League Teams

 🚨ISIS has threatened to attack in the Champions League quarter-finals.  They have published a photo with slogans and the names of the four stadiums where the games are being played this week:  Emirates Stadium, Parc des Princes, Metropolitano Arena, Santiago Bernabéu.  Source: @Sky_sports_football_updates

🚨🇺🇸BIDEN RENAMES EASTER SUNDAY “TRANSGENDER DAY OF VISIBILITY”

 President of the United States of America renames Easter Sunday to Transgender Visibility Day. This was contained in a press release by The White House. Extracts from the press release. "A Proclamation on Transgender Day of Visibility, 2024 BRIEFING ROOM PRESIDENTIAL ACTIONS On Transgender Day of Visibility, we honor the extraordinary courage and contributions of transgender Americans and reaffirm our Nation's commitment to forming a more perfect Union where all people are created equal and treated equally throughout their lives. I am proud that my Administration has stood for justice from the start, working to ensure that the LGBTQI+ community can live openly, in safety, with dignity and respect. I am proud to have appointed transgender leaders to my Administration and to have ended the ban on transgender Americans serving openly in our military. I am proud to have signed historic Executive Orders that strengthen civil rights protections in housing, employment, health care, ...