The Bank of Ghana (BoG) has revealed that it has reduced the scale of certain facilities in its controversial new head office, currently under construction. The BoG faced significant criticism over the construction of the new headquarters, with the Minority in Parliament demanding the removal or resignation of Governor Dr. Ernest Addison. Speaking before the […] The post Facilities
To build the capacity of pupils and instil in them the importance of choosing a good career path at the basic level, teachers of Sanso Methodist Primary School in the Obuasi Municipality invited officials from the National Ambulance Service, Ghana to educate the pupils on basic life support techniques. This programme is part of the […] The post Ambulance Service
The Kofi Annan International Peacekeeping Training Centre (KAIPTC) has introduced three new courses aimed at professional workers. These courses, namely Artificial Intelligence and Peacebuilding, Conflict Analysis and Mediation, and Leadership and Management in Security Organizations, are designed for the public. During the week-long course, 44 participants will delve into the importance of these courses for […] The post KAIPTC
The Food and Drugs Authority (FDA) has issued a warning over the importation of unsanitary baby diapers, also known as bale diapers, into the country. The FDA has reminded manufacturers, importers, and distributors that these diapers are not allowed in the country. The FDA in a statement on Monday, April 8 noted that “The importation […] The post FDA warns on importation
The governor of the Bank of Ghana (BoG), Dr Ernest Addison, has addressed the controversy surrounding his remarks referring to some minority MPs as hooligans during the #OccupyBoG protest in October last year. Dr Addison clarified that the reported description did not originate from him but from the foreign Media House that initially covered the […] The post I never
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison, has declared that Ghana’s economy is on an upward trajectory compared to previous years. Previously, the economy had experienced a downturn, prompting the government to seek a $3 billion International Monetary Fund (IMF) bailout. However, during his address to the Public Accounts Committee of […] The post Ghana’s
The High Court has upheld the decision by the National Executive Committee (NEC) of the People’s National Convention (PNC) to indefinitely suspend its General Secretary, Janet Nabla. The suspension was enforced on August 28, 2021, due to allegations of gross misconduct, insubordination, and incompetence. Nabla had previously rejected the decision following the recommendations of the […] The post Court
The Bank of Ghana (BoG) has reaffirmed its support for the government’s Gold4Oil policy, asserting its importance for the nation despite its limitations. BoG Governor, Dr. Ernest Addison, appearing before the Public Accounts Committee (PAC) on Monday, April 8, elucidated the crucial role the policy played during the economic crisis. Dr. Addison highlighted the benefits […] The post Gold4Oil
The Ghana Mineworkers’ Union of the Trades Union Congress, has announced plans to stage a five-day protest at the Ministry of Lands and Natural Resources and the Jubilee House beginning on Monday, April 15, 2024. Their stance is to pressure the government into revoking the mining lease of Future Global Resources Limited, operators of the […] The post Mine
The Alliance for Social Equity and Public Accountability (ASEPA) has called on the Tema Oil Refinery (TOR) and the Sentuo Oil Refinery to make public the specifics of their relationship. This request comes in the wake of the alleged sale of TOR to Sentuo Oil Refinery. On Monday, April 8, ASEPA’s Executive Director, Mensah Thompson, […] The post ASEPA demands clarity
Authorities at the SOS Children’s Village Ghana have appealed to corporate bodies and benevolent individuals to support the institution in achieving its goal of taking care of vulnerable children in society. The child welfare organization which started its operations in Ghana Fifty (50) years ago takes care of children who have completely lost parents or […] The post SOS
Award-winning Ghanaian gospel singer Joseph Matthew has claimed to be the originator of Afro-Gospel music. Afro-Gospel is a vibrant blend of African rhythms and instrumentation with Christian themes. Speaking in an exclusive interview with GhanaWeekend, Joseph Matthew said,” I’m the originator of Afro-gospel music…Afro-Gospel genre never existed… When I released my first song ”Nyame Ye” […] The post I’m
The Concerned Drivers Association of Ghana and the Transport Operators of Ghana have jointly announced an increase in transport fares, effective Saturday, April 13, 2024, in response to the recent surge in petroleum prices. In a statement issued on Monday, April 8, 2024, they outlined the following adjustments: a 15% increase for short-distance or intracity […] The post Two
The Bank of Ghana has urged the public to volunteer information on suspected cases of money laundering and unexplained wealth. This is to combat financial crimes, sanitize the industry and uphold the integrity of the country’s financial system. The Central Bank stressed collaborative efforts in identifying and addressing illicit financial activities that pose a threat […] The post Volunteer
Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, has revealed that resigning from his position as Majority Leader was the best decision he ever made. The Suame MP stated that his primary motivation was to prevent disunity within the Majority front in Parliament. Speaking to journalists in Kumasi for the first time since his resignation in February, […] The post Resigning
The Kumasi Central Market Traders and Second Hand Clothes Union have threatened a five-day demonstration concerning the abandoned Kumasi market project. In a statement released on Monday, April 8, 2024, the Union expressed profound disappointment at the government’s project management. According to the union, the government had assured completion of the project to facilitate the […] The post Kumasi
The National Association of Institutional Suppliers has suspended their demonstration, which began early Monday morning. The suspension comes after a meeting with the Minister for Education, Dr Yaw Adutwum. The Association had initiated a two-day protest over unpaid monies owed to them by the Government at the Ministry of Education (MoE). They expressed disappointment as […] The post Institutional
Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei have admonished the government to cut its expenditure by 30 per cent to effectively combat inflationary pressures. The two in a report titled, ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ raised several concerns including the government’s approach of “relying […] The post Cut
Environmental scientist Professor Chris Gordon has issued a stark warning, predicting that 2024 will be hotter than preceding years as temperatures continue their upward trend in Ghana. Highlighting the concerning pattern of escalating temperatures both globally and nationally, Professor Gordon expressed his apprehension, particularly in light of the ongoing power outages plaguing Ghanaian communities. During […] The post 2024
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
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