The Bank of Ghana says its attention has been drawn to a press engagement by the Member of Parliament for Bolgatanga Central, Isaac Adongo, on November 8, 2022 during which the MP  provided “some false data and made unfounded allegations.” A statement released by the BoG said the allegations aimed at impugning the hard-won credibility of the Bank of Ghana and its Management. Below is the rest of the statement by BoG The MP alleged that the Bank of Ghana had “illegally” financed government

The Chronicle has picked up intelligence suggesting that the Minister for Parliamentary Affairs, who doubles as the Majority Leader, Osei Kyei-Mensah-Bonsu, is being lobbied for fiercely by some people to replace the embattled Finance Minister, Ken Ofori-Atta. The move, which we gather is gaining momentum, comes even before the fate of Ken Ofori-Atta is decided by Parliament, following the motion of censure moved and adopted yesterday. Though the Majority group championing the removal of Ken Ofori-Atta

The Speaker of Parliament, Mr. Alban Sumana Kingsford Bagbin, has constituted an eight-member ad hoc committee to consider the Motion of Vote of Censure against the Finance Minister, Mr. Ken Ofori-Atta. The group, which is expected to report back to the House within seven working days, has been clothed with the powers to primarily hear the evidence that will be submitted by the movers of the motion, the Minority Caucus, against the Finance Minister. They are also expected to give the Minister

President Akufo-Addo has said that the structure and approach of international support in countering terrorism, including in the Sahel, has to be pre-emptive, rather than reactive. As such, he believes there is the need, therefore, for the United Nation Security Council and the wider international community to address the underlying drivers of the instability. This, he opined, should be done through the building of resilience in conflict-prone regions, including in the areas of promoting democratic

About fifty National Democratic Congress (NDC) activists have been cleared to contest various positions in the party in the Western Region as it goes to congress at the weekend. The Chronicle can report that whilst the Regional Chairmanship position is expected to be a ‘cool chop’ for the incumbent,  Nana Kojo Toku, who would come face to face with Gibril Alhassan Laminn, the rest – Secretary, Organiser, Women Organiser and Youth Organiser positions are expected to be fiercely contested

His Honour Samuel Bright Acquah would today decide on the application for variation of bail condition by the embattled Founder of Heaven Way Champion International Ministry, Patricia Asieduaa aka Mama Pat alias Nana Agradaa. The oral bail application was made by her defence counsel, Paul Abagriga, when she made her fourth appearance in court. The defence counsel argued that the application for bail variations was necessitated by deliberate delay tactics being played by the police in the bail

Our attention has been drawn to factual inaccuracies contained on page 3 of the Thursday, November 10, 2022 edition of The Chronicle, with same caption on the front page of the paper. We had claimed in that publication that EDC Investment Limited, was a product of Ecobank Ghana, and that customers were up in arms over what they see as “open robbery” by the bank. We further alleged that “Ecobank Ghana clients who invested in EDC Ghana have either lost their interests or a portion of their

A former Research Scientist with the Savannah Agricultural Research Institute (SARI) of the Council for Scientific and Industrial Research (CSIR), Professor Roger Kanton, has downplayed the feasibility of plans by the Ministry for Food and Agriculture to cart food products from the rural areas and sell at the premises of the Ministry in Accra. The Minister for Agriculture, Dr. Owusu Afriyie Akoto, earlier this week, reiterated the government’s intention to transport food from the rural areas

Dear Senior Opupulepu, How are you do? As for me and my small, small cowries, we are all do fine, thank you. Senior, in this Ogyakrom that we live in it, we of the younger generation, do not know any wisdom and we would not learn native sense from the aged. Senior, the other day our Great Leopard, the only Omanhene, who could arrest all the kobolor boys and girls and put them inside classroom by fire by force and also teach them how to eat meals with fork and knife all for free, speaked, sorry

Nigeria’s President Muhammadu Buhari on Wednesday visited the British monarch, King Charles, at Buckingham Palace. The presidency Wednesday shared pictures of the monarch shaking hands with the Nigerian leader. “The King welcomed the President of Nigeria to Buckingham Palace for an Audience this afternoon,” Buckingham Palace tweeted. Mr Buhari last Monday departed Nigeria for the UK for what his office said was a “routine medical check-up.” He is billed to return in the second week

Some hoodlums on Thursday morning set ablaze the office of the Independent National Electoral Commission in Abeokuta, Ogun State. Witnesses said the INEC office went up in flames at around 1 a.m. The hoodlums, numbering about eight, reportedly scaled the fence into the INEC compound and set the building on fire. When our reporter visited the scene at Iyana Mortuary, residents said the hoodlums threw loaves of bread soaked with petrol into the compound before igniting the fire. The security

Governor Chukwuma Soludo has asked indigenes residents in other states but owning properties in Anambra to remit their taxes to the state government. Soludo said it would enable his administration deliver better social services to the people of the state while protecting their properties at home. The former Central Bank Governor made the plea on Thursday during his presentation of the state’s 2023 Budget Estimates to the State House of Assembly in Awka. He decried the poor tax payment culture

The Kaduna State Government on Thursday debunked reports of attack and kidnapping on the Kaduna-Abuja road. Samuel Aruwan, Commissioner, Ministry of Internal Security and Home Affairs, Kaduna State, in a statement described the report as false, adding that there was no attack on the Kaduna-Abuja road. “The attention of the Kaduna State Government has been drawn to a widely circulated message raising alarm on an alleged blockade of the Kaduna-Abuja road by bandits.” He said Mr. Aruwan while

The Cedi hit a fresh record dollar low, sliding to 14.24 on Tuesday from 13.71 at last week’s close, before recovering slightly to 14.20. The latest round of stress came after the Bank of Ghana cancelled a planned forex auction, causing the currency to spike. The bank has been taking a range of measures to stem the currency’s year-long spiral, including an unsuccessful crackdown on unlicensed currency sellers. It has also been buying dollars directly from mining companies to shore up its reserves,

An article published by myinfo.com.gh which was attributed to one Medical Practitioner who specializes as a dietician, Dr. Ibrahim Osman, says it is dangerous to eat fufu after 4 pm. According to Dr. Osman, fufu takes a long time to digest and therefore needs to be consumed earlier before bedtime. Speaking to Daakyehene Ofosu Agyeman on TV XYZ a program dubbed My Lawyer My Counselor Dr. Osman added that it is best to eat light food before going to bed. My take on this subject The issue

Prolific GH, organizers of Western Gospel Awards have announced November 27, 2022 as the date for the second edition of the awards. The venue for this year’s Western Gospel Awards is Word of Life Assemblies of God, Anaji, a suburb of Takoradi. Speaking to The Chronicle, Maxwell Bills Ghansah, the CEO of Prolific GH mentioned that, “we come together every year to celebrate all the gospel acts in the Western Region. This year, being the second edition, we are raising the bar and giving off our

Shatta Wale has reacted to his baby mother’s call for prayers for him for his recent encounter with his former manager, Bullgod. In a public fight on social media, Shatta Wale accused Bulldog of being a suspect in the 2014 murder of Fennec Okyere, leading to the reopening of the case involving the unsolved murder. Following his issue with Bulldog, Michy begged Ghanaians to pray for the father of her son, Majesty. “I would plead with Ghanaians, to support the father of my child, Shatta Wale

Entrepreneur and TV Host, Deloris Frimpong Manso, professionally known as Delay has revealed that a lot of people, including industry stakeholders, labelled her unattractive to be on Television. Whilst addressing the youth at a conference in Accra, she said “poverty is not a good thing. Poverty is a killer disease and it is the truth because back then, I was broke, I didn’t have the money to even buy good creams for my skin and clothes to wear so people saw me as unattractive”. “They

Ghana’s decorated Rapper, Sarkodie has mentioned that he still stands by his popular phrase, “Nana Toaso” (to wit, President Akufo-Addo should continue a second term) phrase in the ‘Happy Day’ song. In an interview on 3Music TV to promote his ‘Jamz Album,’ Sarkodie intimated that, “I still stand by the Nana toaso thing. I was specific on the things that made me say that. There is free SHS and now my mum had these girls she has and I don’t get to hear her calling to ask for school

As politicians meet to discuss how to cut carbon emissions, descendants of Southern Africa’s first inhabitants are raising concerns about an oil and gas exploration project. Religious leaders have also spoken out, with one saying the project is a sin, and calling on COP27 delegates to curtail the activities of fossil fuel companies. In the Southern African country of Botswana lies one of the largest inland deltas in the world, a landscape the UN has called “exceptional” and “rare”