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Private Schools Cry Foul Over Alleged SHS Placement Bias.

Private schools in Ghana have petitioned the Commission on Human Rights and Administrative Justice (CHRAJ) to address what they describe as unfair treatment in the Senior High School (SHS) placement policy. The schools claim that the current system discriminates against their students, denying them equal opportunities for placement in public high schools.The petition outlines their grievances, highlighting disparities in how students from private and public schools are treated. They are calling for a review of the policy to ensure fairness and equity in the education system.CHRAJ has yet to respond, but the move has sparked discussions about inclusivity in Ghana's education policies.

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Free SHS Policy Criticized for Poor Implementation and Political Influence.

Sulemana Braimah, Executive Director of the Media Foundation for West Africa (MFWA), has voiced concerns over the Free Senior High School (SHS) initiative, describing it as a well-intentioned but poorly implemented program that has been politicized. Speaking on Joy News' AM Show, Braimah argued that while the initiative aims to benefit students, the lack of transparency and the politicized approach have hindered its effectiveness.He noted that the government’s portrayal of the policy as entirely “free” has led to unmet expectations, as many parents still incur costs for essentials like textbooks and uniforms. Braimah suggested that involving teachers and parents in the policy could improve its impact. The Free SHS program, a key promise from President Nana Akufo-Addo, was launched in 2017, boosting secondary school enrollment from 308,799 in 2016 to around 1.4 million today. Despite this, critics argue that it […]

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Bawumia Launches myCreditScore, a New Credit Scoring System for Ghanaians….

Vice President Dr. Mahamudu Bawumia has launched myCreditScore, a personalized credit reference and scoring system aimed at boosting financial inclusion in Ghana. Backed by the Central Bank, myCreditScore will provide individual Ghanaians with credit scores, helping them access credit more transparently based on their creditworthiness.Dr. Bawumia highlighted this system as a major step toward creating a robust credit economy, addressing Ghana’s lending challenges. He noted the system’s potential to reduce non-performing loan (NPL) rates, which have been high due to limited credit information, and emphasized the importance of this “homegrown” initiative for responsible borrowing and lending practices.The new scoring system will reward individuals with good credit behavior, enabling them to access larger credit amounts and favorable terms. This initiative aligns Ghana's financial ecosystem with international standards and reflects Dr. Bawumia’s commitment to economic resilience and sustainable growth.

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Bank of Ghana Suspends Taptap Send’s Money Transfer Service.

The Bank of Ghana (BoG) has temporarily suspended Taptap Send's remittance service to Ghana due to violations of local financial regulations. The suspension, effective from November 8, 2024, halts all money transfers from abroad via Taptap Send for one month. The BoG cited issues with the company's operation of a cedi remittance wallet, which breaches the Foreign Exchange Act and guidelines for inward remittance services. Taptap Send has informed its users of the disruption and is working to restore the service. The suspension serves as a warning to other financial institutions to adhere to Ghana's regulations or face strict penalties.

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Ghanaian Farmers Received No Government Support in 2023.

The Peasant Farmers Association of Ghana, led by Executive Director Bismark Nortey, disclosed that in 2023, farmers across Ghana did not receive any support from the government. This revelation comes despite a budget allocation exceeding GH₵2 billion to the Ministry of Food and Agriculture.Speaking on JoyNews’ The Probe on November 10, Nortey explained that while the initial Planting for Food and Jobs (PFJ) initiative ended in 2022, the updated PFJ 2.0 took a year to implement, leaving farmers without subsidies or essential inputs throughout 2023. This lack of support compounded existing challenges, such as climate change impacts, illegal mining, and rising input costs, worsening conditions for farmers.Nortey questioned how the allocated funds were spent, given that farmers saw no direct benefits. He emphasized the need for reliable government intervention to help farmers meet challenges and ensure agricultural growth in Ghana.

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Public Sector Salaries Could Face Delays Due to Budget Standoff, Warns Afenyo-Markin.

Alexander Afenyo-Markin, leader of the New Patriotic Party (NPP) caucus in Parliament, has cautioned that delays in budget approval by the National Democratic Congress (NDC) caucus could threaten public sector salaries. The NDC's alleged stalling of the 2025 first-quarter budget approval, he claims, jeopardizes salary disbursements for essential workers.During a press briefing on Thursday, Mr. Afenyo-Markin accused the NDC of creating disruption to convey instability. He warned that failure to approve the budget would impede the government’s ability to fund key initiatives, including public wages and educational programs. Despite the deadlock, he assured that the NPP would pursue legal measures to ensure the government’s agenda proceeds.

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EC Hands Over Final Voters Register for December Elections.

The Electoral Commission (EC) of Ghana has provided political parties and independent candidates with certified copies of the final voters register for the December 7, 2024, elections. The register includes various lists, such as the Name Reference List, Proxy List, and Manual Verification List, to ensure a smooth voting process. EC Chairperson Jean Mensa reported no objections from political parties, suggesting broad satisfaction with the register's accuracy. Representatives from both major parties, the New Patriotic Party (NPP) and the National Democratic Congress (NDC), expressed commitment to a peaceful election and requested summary data for verification.

Ghanaian cedi notes displayed alongside US dollar bills
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Cedi Weakens, Now GH¢17.10 to the Dollar

The Ghanaian cedi has continued its decline, now trading at GH¢17.10 to the US dollar, marking a significant year-to-date loss of nearly 29%. This depreciation is intensifying concerns over rising inflation and the cost of living as import costs and essential goods prices surge. Experts attribute the cedi’s sustained weakening to several factors, including high demand for foreign currency to support imports, reduced foreign exchange inflows, and ongoing economic challenges. The depreciation pressures the Bank of Ghana, which has intervened in the past by injecting dollars into the forex market, though this approach has seen limited success in stabilizing the currency. Businesses and consumers alike are feeling the impact, with imported goods becoming more expensive. Many companies are adjusting prices upwards, which could drive inflation even higher. The cedi’s depreciation is a critical issue ahead of the December elections, as […]

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