The International Monetary Fund (IMF) has expressed satisfaction with Ghana’s Economic performance under the IMF-supported program, as it reaches staff-level agreement on the second review of Ghana’s economic program under the Extended Credit Facility (ECF) arrangement. Addressing the media at a joint news conference with the Bank of Ghana (BoG) and the Ministry of Finance […] The post IMF:
An Accra High Court has issued a bench warrant for the arrest of CID Boss, Deputy Commissioner of Police (DCOP) Faustina Agyeiwaa Kodua Andoh-Kwofie and the Director-General Legal and Prosecution unit of CID for failing to appear in court after being charged for contempt. Presiding judge, Justice Lydia Osei Marfo issued the order after evidence […] The post High
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has stated that in Ghana’s recent history, the country has not been able to successfully implement a programme with the International Monetary Fund (IMF) in an election year without derailment. However, he has assured that the government and the central bank are committed to changing […] The post In
Democracy Hub and 23 others, through their lawyers, have filed a motion at the Accra High Court asking the court to re-admit the alleged assault case against the Inspector General of Police (IGP) for prosecution to continue. The High Court on April 9, 2024, struck out the alleged assault case against the IGP for “want […] The post #OccupyJulorbi protest:
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has told the government to empower any of the commercial banks to take over the running of the ‘Gold for Oil’ porgramme. To him, any commercial bank will be able to do so if its capacity is built by the government. Dr Addison said this […] The post Empower a commercial bank to take over ‘Gold
The Supreme Court has postponed its judgement on the case against FDA’s directive which banned celebrities in alcoholic advertisements. The post FDA Alcohol Ad ban: Supreme Court postpones date for judgement to April 24 first appeared on 3News.
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed that the central bank intends to hand over the Gold for Oil programme to a commercial bank to operate. This, he said, would allow for the BoG to focus on its core mandate. Asked by Buem lawmaker Kofi Adams whether this programme is […] The post Bank of Ghana seeking to hand over Gold for
The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has assured the Public Accounts Committee (PAC) of Parliament that by next year the central bank will see a huge jump in its holdings of gold due to the Gold For Reserves programme. He said that the full benefits of the programme have not […] The post Governor Addison assures PAC of ‘a big jump’ in BoG’s holdings
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 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
Assistant Commissioner of Police (ACP) Ayamga Yakubu Akolgo, a legal practitioner, has responded to what he perceives as unjust media representations following a Supreme Court decision in a property fraud case. ACP Akolgo, in a rejoinder, disputed the legality of his arrest and detention orders from November 14, 2023, and accused the Chief Justice of […] The post ACP
The Ghana Police Service has disclosed that through an intelligence-led operation and investigation, it has arrested Six (6) persons including Four (4) Juveniles who are all Students of Presbyterian Boys Senior High School (PRESEC), Legon, Accra for staging a kidnapping incident. The two (2) adults among the six (6) are Isaac Kissi Adjei alias Kofi […] The post Police arrest
The Ghana Police Service has stated that its investigation has revealed that the reported kidnapping of a student of Presbyterian Boys Senior High School (PRESEC), Legon, Accra, was staged. According to the Police, the supposed kidnappers demanded an amount of Three Hundred and Forty Thousand Ghana Cedis (GHC340,000.00) as ransom from the alleged victim’s parents […] The post Fake
Grammy-nominated singer Davido has denied rumours of an arrest in Uganda and Kenya. He shared a post on his X page, imploring fans and followers to disregard the false rumours. The singer noted that he has never been arrested by anyone for any crime abroad or at home. He further stated that his lawyers were seeking legal […] The post ”April Fools” – Davido
An Accra Circuit Court has remanded into police custody a 25-year-old trader, Michael Azu, for failing to appear in court. On December 7, 2023, Azu, who is being held for defrauding by false pretence, failed to turn up in court and a bench warrant was issued for his arrest. When accused person appeared before the […] The post Trader remanded after court issued bench warrant
In a bid to accelerate the resolution of legal challenges to the anti-gay bill, Parliament has formally called upon the Supreme Court to hasten the proceedings concerning the interlocutory Read More... The post Parliament
Parliament is urging the Supreme Court to expedite the interlocutory injunctions against the anti-gay bill filed by private legal practitioner Richard Dela Sky and gender activist Dr Amanda Odoi. Both Richard Dela Sky and Dr Odoi have independently filed lawsuits against the anti-gay bill, asking the court to prevent President Nana Addo Dankwa Akufo-Addo from […] The post Parliament
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
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the state security agencies to assist the bank in dealing with reports of cross-border illegal transfers. He says that although the Bank hears rumors of these illegal transfers, it is not taking the matter lightly. Dr Addison said these while answering a question […] The post Bank of Ghana prepared
The Supreme Court has dismissed an injunction application filed by the Member of Parliament for South Dayi against Parliament’s approval of ministerial nominees by President Akufo-Addo. By a unanimous decision, the Apex Court said the injunction application filed by Rockson-Nelson Dafeamekpor, is frivolous and an abuse of the court process. More soon… The post Supreme
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