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Settle DDEP Coupons and build debt buffers – President Mahama to  Ministry of Finance 

Following a directive from President John Dramani Mahama, the Ministry of Finance on  February 17, 2025, honoured the Payment-In-Cash (PIC) coupon of GHS6.081 billion to all

Domestic Debt Exchange Programme (DDEP) bondholders.

Government has also honoured the Payment-ln-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 (SinkingFund) an amount of GH59.7 billion as a buffer for the 5th DDEP coupon that will fall due in July and August, 2025.

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President Mahama has expressed commitment in honouring all obligations under the budget Statement, in the economy, prioritise spending DDEP. 

Through the 2025 Government will announce further measures that will help to restore market confidence and improve transparency and accountability in public finances.

Ultimately, Government seeks to restore fiscal prudence while ensuring value for every pesewa spent. 

Despite the challenging economy that was bequeathed by the previous administration, Government is determined to bring back a stable Cedi, control spiralling inflation and create jobs for the teeming youth of the country.

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NTC staff demonstrate prowess in fire fighting

• Mrs Georgina Quaittoo and Mr John Lawson (left) taking some lessons from ADOI Richard Mensah

 The Ghana National Fire Service (GNFS) on Tuesday held a sensi­tisation workshop on fire safety for staff of the New Times Corporation (NTC), publishers of The Ghanaian Times and The Spectator.

It created awareness on fire preven­tion and safety measures to prevent fire in the home or office.

During the practical session, a section of the staff were taken through fire out­breaks drills steps to take in fire .

Led by Assistant Divisional Officer (ADO 1) Isaac Tengfaa, the staff were taught how to use the different types of fire extinguishers to combat fire.

He said it was important for home owners and office workers to put off every electrical gadget at work be­fore leaving for their respective home because more fires in offices occur at closing hours.

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He said fire incidence often resulted from carelessness, ignorance or natural occurrence.

Supported by ADO I Richard Mensah, ADO I Eunice Ceasar and Fire woman Anita Amponsah, some of the staff tried their hands on the fire extinguishers and other modes of combatting fire.

 By Linda Abrefie Wadie

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 GJA commits to fighting ‘galamsey’

Albert Kwabena Dwumfour addresing the media

The President of the Ghana Journalists Association (GJA), Mr Kwabena Dwumfour, has expressed the association’s com­mitment to the fight against illegal mining, known in the local parlance as ‘galamsey.’

According to him, the association was worried that forest reserves, wa­ter bodies and farm lands were being destroyed and degraded, all in the name of gold mining.

He said this when he addressed a press conference on issues affecting the nation and welfare of Journalists.

The GJA president indicated that in the mining communities, law and order were crumbling with impunity, with associated human right abuses, adverse and forced possessions of individual lands and farms while the decentralised administrative arms of government and traditional authori­ties seem to be helpless.

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Turning his attention to assurances given by President John Dramani Ma­hama to fight illegal mining, the GJA President stressed that those assur­ances were welcomed, but urged the President to honour them.

“We welcome the assurances and commitment of President Mahama to­wards the fight against galamsey and it is our prayer that he will not relent or give up but honour his promise of stopping illegal mining in the coun­try,” Mr Dwumfour emphasised.

He pledged the GJA’s support for the government in curbing the men­ace.

“We reiterate our condemnation of all illegal mining activities and demand urgent steps to be taken to tackle the issues head-on. There should be strict enforcement of all mining laws and regulations with­out any concessions, as well as the imposition of maximum sentences on offenders. This is a reliable approach to addressing this issue,” Mr Dwum­four added.

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“The GJA urges the media to maintain the galamsey issue at the forefront until the menace was eliminated. As indicated in previous press conferences, we will not stop highlighting the issues until Galamsey stops,” he urged.

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