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June inflation decreases to 12.1%

Inflation for June this year decreased to 12.1 percent. This represents a 0.5 percent drop compared to the 12.6 percent recorded in May this year. The inflation measures the change over time in the general price level of goods and services that consumers purchase. The Acting Government Statistician, Baah Wadieh …

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Gov’t increases minimum wage by 10%

Government has announced a 10 percent increase in the daily minimum wage for workers. A statement issued by the Ministry of Employment and Labour Relations and cited by Citi Business News, said the decision was taken by the National Tripartite Committee. The statement was jointly signed by Employment and Labour Relations …

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Lawyer threatens to sue AG over $2.2bn bond

Private Legal Practitioner, Victor Adawudu, has threatened to drag the Attorney General, Gloria Akuffo to court over her failure to provide more information on the controversial $ 2.2bn bond. The Lawyer indicated that, he might sue the AG if she fails to make details on the bond available. “If the …

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Parliament summons Finance Minister over $2.25bn bond

Parliament has passed a half hour motion to compel the Minister of Finance, Ken Ofori-Atta, to provide detailed information on the recent 2.25 billion dollar bond issued by Government. The Minister is expected to respond to the motion within one week. The motion was filed by the Minority Leader, Haruna Iddrisu, …

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