Bussiness
Apologise to Ghanaians for indecisive position on Debt Exchange Programme – Amoabeng to government
Prince Kofi Amoabeng
Former Chief Executive Officer of defunct UT Bank, Prince Kofi Amoabeng, is challenging government to come out clean on the Debt Exchange programme, saying, government indecisive position is not helping matters.
He therefore wants the government to openly apologise to Ghanaians for the poor decisions taken, a situation which he stressed hurt the economy badly in 2023.
Speaking to Joy Business, Mr. Amoabeng, who founded UT Bank said government must live up to expectations in the management of the economy.
“The government should come out after he [Finance Minister] is done with all needed research and say this is the way we’re going, but not to be changing its position. Because pensioners are talking or complaining, then you say this is not part of it…why?”
“Get a grasp of the full facts and come out one time and explain to the people that this is what we are doing. You cannot just throw information at the people. We know you can make mistakes but the information should be backed by some facts, and then you apologise to Ghanaians for any error made rather than just be telling us stories…really?”, he lamented.
Speaking on the assertions made by the Managing Director of the International Monetary Fund on a possible debt cancellation, Mr. Amoabeng described it as a good move, but wants the government to work on the basic economic challenges facing the economy.
According to him, without strong economic fundamentals, the IMF-support programme will not bring back live into the economy.
Source: ww.myjoyonline.com
Ghanaian dancehall artiste Charles Nii Armah Mensah, known as Shatta Wale, has won two awards at the 43rd International Reggae and World Music Awards (IRAWMA) held in Florida over the weekend.
He picked up the Best African Dancehall Entertainer award as well as Concert of the Year for ShattaFest.
In a statement, Shatta Wale’s management expressed appreciation to the organisers and supporters of the awards.
“Management would like to sincerely appreciate the organisers of the IRAWMA awards for the recognition and continuous support for African music on the global stage.
“We also extend our deepest gratitude to fans across the world, especially the Shatta Movement fraternity, for their unwavering support, votes, and dedication throughout the years,” the statement said.
The statement added that the latest wins reaffirm the artiste’s position as one of Africa’s leading musical exports and a prominent figure in global dancehall culture.
The awards bring Shatta Wale’s total haul at the IRAWMA to 11, highlighting his continued presence on the international reggae and dancehall scene.
At last year’s edition, he won three awards: Best African Dancehall Entertainer, Best Music Video for “Killa Ji Mi”, and Best Crossover Song for “Commando” featuring Bounty Killer. -GNA
Bussiness
Global Market Volatility: Gov’t absorb GH¢2.00 per litre on diesel and GH¢0.36 per litre on petrol
Effective Thursday, April 16, 2026, which is the next pricing window, the Government will absorb GH¢2.00 per litre on diesel and GH¢ 0.36 per litre on petrol.
This intervention is intended to cushion customers and ease the cost burden on households, transport operators, and businesses.
The measure, approved by Cabinet, is in response to rising prices of petroleum products on the international market, which have significantly impacted ex-pump prices in Ghana.
This temporary intervention will remain in force for a period of one (1) month.
During this period government will continue to closely monitor developments in the global oil market and assess the need for further policy adjustments.
A statement signed by Minister of Government Communications, Felix Ofosu Kwakye noted that they remain commited to maintaining price stability, protecting livelihoods, and supporting Ghana’s economic recovery in the face of external shocks.
