The Bank of Ghana (BoG) has appointed Dr Joseph O. France as a Management Advisor to the Universal Merchant Bank Ltd. (UMB). Dr. France’s role will involve advising UMB’s management, monitoring its recapitalization efforts, and overseeing governance reforms agreed upon with the Bank of Ghana. The appointment is in accordance with section 101(1) of the […] The post BoG
The Bank of Ghana (BoG) says it remains committed to promoting a sound and resilient banking sector that retains the trust and confidence of the general public. The central bank said this while announcing that it has appointed Dr. Joseph O. France as an Advisor to advise the management of Universal Merchant Bank LTD (UMB) […] The post Bank
Former Director of Public Relations and External Affairs at the Public Utilities Regulatory Commission (PURC), Nana Yaa Jantuah has said that the governing New Patriotic Party (NPP) erratic power supply (Dumsor) that happened under the Mahama administration as a political tool to come into the office. Now, she said, the NPP is faced with the […] The post NPP
The Public Utility Workers Union (PUWU) has waded into the erratic power supply situation (dumsor) in the country, calling on the regulator, the Public Utility Regulatory Commission (PURC), to demand power supply data from the power producers. The union maintained that the power distributor, the Electricity Company of Ghana (ECG), is experiencing less supply of […] The post Erratic
The National Labour Commission (NLC) has secured an interim injunction to halt the strike by the three teacher unions. The teacher unions have been striking since March 20, 2024, demanding better conditions for their service. However, a High Court has restrained the teachers from further continuing their strike. “It is hereby ordered that the Respondents […] The post NLC
The University of Bradford (UK), in partnership with the British Council Ghana, has organised an International Knowledge Transfer Networking (IKTN) in Accra. The conference, which is the first in a series planned by the University was under the theme “Responsible Leadership for Sustainable and Inclusive Growth”. The conference centred around discussions on the role of […]
The director in charge of the volunteers for the 13th African Games, Juliana Addo-Yobo, says the Ministry of Sports is working on settling all volunteers for the games. The volunteers on Tuesday were agitated over what they say is the failure of authorities to release the GH¢2,500 promised them ahead of the competition. The volunteers […] The post Accra 2023:
The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post All
The Majority Leader and MP for Effutu, Alexander Afenyo-Markin, has credited Ghana’s resilience and stability in the face of global challenges to the foresight of President Nana Addo Dankwa Akufo-Addo. During a University of Bradford event, the MP remarked on the global economic challenges, stating, “Ghana stands as a beacon of resilience.” “It is important […] The post Akufo-Addo’s
The three striking teacher unions are scheduled to meet with the government today to finalize discussions on their outstanding demands. On Tuesday, the unions achieved success in having the government address three of their concerns, including the full distribution of laptops to all teachers by the end of June and presenting a draft of the […] The post Striking
In a significant step towards advancing governance in one of the fastest-growing public universities in Ghana, the Ministry of Education has officially inaugurated the Governing Council of the University of Media, Arts, and Communication (UniMAC) and sworn in its members. The ceremony was held at the ministry’s conference room on Monday, the 25th of March […] The post UniMAC
The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post African
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […] The post
The Minister of Finance Dr Mohammed Amin Adam has said that a Preliminary assessment undertaken by the Ministry and the central bank shows that they are on course to meet most of the targets under the Programme with the International Monetary Fund (IMF). He said that the Finance Ministry is working with the Bank of […] The post 2nd review: We’re on course
Juliana Addo-Yobo, the director responsible for volunteers at the 13th African Games, has assured that the Ministry of Sports is actively working to resolve the issue of unpaid volunteers for the event. Volunteers expressed agitation on Tuesday over the alleged failure of authorities to fulfill promises of compensation made before the competition. They claim they […] The post African
The prestigious Ghana Institution of Engineering (GhIE) celebrated a momentous occasion during its 54th Annual Excellence Award ceremony held at the Labadi Beach Hotel in Acca, on March 22, 2024. The highlight of the evening was the conferment of the Esteemed Class of Fellows on exceptional engineers, five of whom are engineers from both AngloGold […] The post GhIE honours five
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the security agencies to play their role in the fight against cross-border illegal transfers. He says that there is nothing the central bank can do about it if the security agencies do not help. Dr Addison indicated that although the Bank hears rumors […] The post If the
President Akufo-Addo has appointed Deputy Minister for Energy, Herbert Krapa as the new Chairman of the Board of Directors of the Electricity Company of Ghana (ECG). This followed the resignation of Keli Gadzekpo, who has chaired the electricity distribution company since 2017. Mr. Gadzekpo resigned from the role on Tuesday, March 26, 2024 in a […] The post Deputy Minister for Energy appointed
Keli Gadzekpo, the Board Chairman of the Electricity Company of Ghana (ECG), has resigned from his role, effective April 9. In his resignation letter to President Akufo-Addo on Tuesday, March 27, Mr. Gadzekpo cited personal reasons as his motive behind the move. He went on to wish ECG and the government continued success in their […] The post ‘It’s personal’ – Keli Gadzekpo
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has explained why the local currency, the Cedi depreciated against the major trading ones, the Dollar, Pounds, and Euros, at a time when the local economy was expanding. Recently, the Government Statistician, Professor Samuel Kobina Annim announced that Ghana’s economy grew by 2.9% in 2023, […] The post Addison
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