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Ghana Government Cancels Controversial Diplomatic Property Sales

The Ghanaian government has reversed a controversial decision made by the previous administration to sell diplomatic properties in Nigeria and Zambia. The Minister of Foreign Affairs, Samuel Okudzeto Ablakwa, made this announcement in Parliament, confirming that the action had the full support of President John Dramani Mahama.Ablakwa emphasized that the current administration is committed to protecting the nation’s diplomatic assets and made it clear that no Ghanaian property would be sold while they are in power. He further revealed that efforts are underway to recover an illegal partial payment made for one of the properties and assured that those involved in the transaction will be held accountable.The Minister declared that all of Ghana’s 71 diplomatic properties, both in the country and abroad, would remain untouchable and not for sale, warning that they are "off-limits" under the present government. This decision […]

Muhammad Saminu March 31, 2025

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Greater Accra

Deloitte Awaits Specific Details on Mahama’s 24-Hour Economy Policy

Deloitte, the professional services firm, has expressed that it is awaiting specific details on the Mahama administration's proposed 24-hour economy policy, which was announced during the presentation of the 2025 Budget. The policy is aimed at boosting economic productivity by encouraging businesses to operate round-the-clock, which is expected to create jobs and support sustainable economic growth.Finance Minister Dr. Cassiel Ato Forson emphasized that the policy would soon be formally presented to Parliament for approval. While Deloitte supports the government's goal of boosting productivity, it remains cautious, stating it needs more details on how the policy will be implemented, particularly regarding its impact on local growth, government procurement, and infrastructure development programs like the 'Big Push.'Deloitte also expressed support for the government’s efforts to cut public expenditure, as these measures could help restore investor confidence and bring about macroeconomic stability. However, […]

Edem 4Style March 18, 2025

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EASTERN

Local Rice Farmers Struggle as Imports Flood Market

Rice farmers at the Kpong Irrigation Scheme are facing tough times due to rising costs, labor shortages, and stiff competition from imported rice. Despite their ability to produce high-quality seeds and harvest up to three times a year, market conditions have made it difficult to sustain production.Solomon Buenor, General Secretary of the Seed Growers Association, criticized the government's timing of large rice imports, which flood the market just as local farmers are ready to sell. He also lamented the lack of financial support from banks, including the Agricultural Development Bank, making it hard for farmers to expand their operations.Labor shortages have also hit the farmers, leaving only two out of nine seed growers able to plant this season. The absence of harvesting equipment further slows down production.However, a major boost came in 2017 when the Japan International Cooperation Agency (JICA) […]

Edem 4Style February 21, 2025

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ASHANTI

Kumasi Drivers Protest 10% Motor Insurance Hike.

Commercial drivers in Kumasi are voicing strong opposition to the government’s decision to increase motor insurance premiums by 10% starting next month. Leaders of the Commercial Drivers Association argue that they were not consulted about the increase and are frustrated by the lack of explanation for the rise.Emmanuel Osei Yeboah, the group's leader, stated that the hike would severely impact their businesses and livelihoods. They fear it will also result in higher transportation fares, ultimately burdening consumers. Various other stakeholders, including the Ghana Private Road Transport Union (GPRTU) and the Ghana Road Transport Coordinating Council (GRTCC), have also criticized the increase.The Kumasi-based drivers have vowed to continue their fight and are calling for the government to reconsider its decision and engage in dialogue.

Edem 4Style January 30, 2025

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Greater Accra

Zambian Delegation to Study Ghana’s Students Loan Trust Fund.

A Zambian delegation has arrived in Ghana to examine and learn from the operations of the Students Loan Trust Fund (SLTF), a scheme that has played a significant role in supporting Ghanaian students financially. The delegation, led by officials from Zambia’s Ministry of Education, seeks to understand how the SLTF is managed, its funding model, loan recovery mechanisms, and how it contributes to improving access to higher education.The Zambians expressed interest in replicating a similar student loan system back home to enhance opportunities for higher education financing. During their visit, they will engage with SLTF management and officials from the Ministry of Education in Ghana to discuss policies and strategies used to ensure the sustainability of the fund. The team will also meet with Ghanaian universities and key stakeholders involved in student financing.Ghana’s Students Loan Trust Fund has gained attention […]

Edem 4Style October 19, 2024

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