White House Announces Imminent US-Iran Memorandum of Understanding; Location Pending

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  Read More WASHINGTON D.C.  — In a sudden shift in diplomatic rhetoric, U.S. President Donald Trump announced that the United States and Iran are on the verge of signing a comprehensive peace agreement.   Speaking from the Oval Office, the administration revealed that a highly anticipated Memorandum of Understanding (MoU) is in its final stages, with a formal signing ceremony expected to take place in Europe within the coming days. The diplomatic breakthrough prompted the immediate cancellation of scheduled U.S. military strikes and bombings against Iranian targets.   The administration attributed the de-escalation to high-level discussions reaching the absolute apex of Iranian leadership. Key Framework and Regional Objectives The proposed agreement outlines a strategic roadmap aimed at pausing the regional conflict and establishing a structured framework for long-term stabilization. Ceasefire Extension:  The MoU establishes a 60-day extension of the current ce...
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President Mahama Directs End to Foreign Currency Denominated Government Contracts

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ACCRA, Ghana – In a significant policy shift, President Mahama has issued a directive that, effective today, July 24, 2025, all government contracts awarded will no longer be denominated in foreign currency. This new mandate applies irrespective of the funding source for the contract.

The directive was announced by Ato Forson, though further details on the implications and rationale behind the decision are anticipated. The move suggests a strategic effort by the government to potentially strengthen the local currency, manage foreign exchange risks, and promote greater stability within the national economy.

This policy change is expected to have broad implications across various sectors engaged in government projects, from infrastructure development to service provision. Contractors and stakeholders will likely need to adjust their financial planning and bidding strategies to align with the new requirement for local currency denominations.

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