Samuel Dubik Mahama Accusations have been made against the Board Members of the Electricity Company of Ghana (ECG) by the Public Utilities Regulatory Commission (PURC) for their failure to Read More... The post ECG Board Members Reject GHC5. 8m FinevImposed
By Patience Bumbom In its Economic Outlook Report, the IMF forecasts an end-of-year inflation rate of 8 per cent for Ghana, aligning with the government’s goals outlined in the 2024 budget. The Finance Minister’s statement in the budget indicates an expected decline in inflation from 29.4 per cent in 2023 to 15 per cent in […]
By: Augustus Acquaye Parliament has described as frivolous calls for a recall of the House by persons outside of Parliament as it amounts to meddling in the work of Parliament. It said per its rules., only MPs can make such a request and so far nothing of a sought has been made. Reacting to a […]
Coach Prosper Nartey Ogum has been given the green light to continue his job as the coach of Asante Kotoko after a meeting with the Otumfuo Osei Tutu II at Manhyia this afternoon. The crisis meeting gathering which took place at the Manhyia palace on Tuesday, April 18, had the players, the technical team, and […] The post Prosper Ogum gets green light from
A Public Sector Analyst Harry Yamson says the Ministry of Finance (MoF) and Board of Microfinance and Small Loans Centre (MASLOC) cannot be left off the hook in the case of misappropriated funds and financial loss caused to the state. His concerns follow the sentencing of former MASLOC Boss, Sedina Christine Tamakloe Attionu, and Daniel […] The post MoF, MASLOC
One of the newly imported trains, a Polish manufacturer of the Diesel Multiple Unit (DMU) train designated for the Tema-Mpakadan railway route has been involved in an accident during a test run. A statement by the Ministry of Railway Development also indicated that there were no injuries sustained by the passengers. The post Newly imported train crashes into stationary truck
President of the Canada branch of the Professionals Forum (PROFORUM) of the opposition National Democratic Congress (NDC), Prof. Victor Wutor has predicted what he terms an electoral tsunami come December 7. The Professor of Biotecnology at the Rhodes University has therefore charged members of the NDC to stand ready. Speaking at the Diaspora Townhall Forum […] The post 2024 Election:
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
Sydney Nii Ayitey Tetteh, Executive Vice President, Energy and Infrastructure at Stanbic Bank Ghana, has emphasized the important role of financial institutions in the soon to be implemented wholesale electricity market. He made this statement at the Electricity Market Conference held at the Volta Residence, Akuse in the Eastern Region. The Electricity Market Conference had […] The post Stanbic
Asantehene, Otumfuo Osei Tutu II, has urged the government to diversify companies it cannot maintain and run efficiently. According to him, there are a number of government companies and entities that are struggling that can do well with private partnerships. He disclosed this during the commissioning of a 430-kilometre natural gas pipeline by Genser Energy […] The post Don’t
A member of the Movement for Change, Joseph Amoah, has issued a challenge to Vice President and Flagbearer of the New Patriotic Party (NPP), Dr. Mahamudu Bawumia, to name a single successful policy that he has initiated. In an interview with Kojo Marfo on AbusuaNkommo at ABUSUA965FM, Amoah expressed his skepticism about Bawumia’s ability to […] The post I dare Bawumia
A renowned security consultant, Richard Kumadoe says the Microfinance and Small Loans Centre (MASLOC) is a fraudulent setup by politicians. This follows former Chief Executive Officer (CEO) of the MASLOC, Sedina Christine Tamakloe Attionu, and interdicted Head of Operations, Daniel Axim have been jailed for a combined 15 years in prison. Per the sentence of […] The post MASLOC is
The Ghana Society of the Physically Disabled (GSPD) is cautioning Shatta Wale to desist from mocking colleague musician, Stonebwoy with his disability. It would be recalled that during his performance at the Sallahfest a week ago, Shatta hurled insults at Stonebwoy for his absence at the highly anticipated Sallahfest event, which he assumed was a […] The post Stop
The Chamber of Petroleum Consumers (COPEC) has chided the Ministry of Transport over its directive to the Ghana Police Service regarding the implementation of new fares. The Ministry, on Monday, April 15, directed the Ghana Police Service to be on the lookout for commercial drivers who are charging fares exceeding the approved rates. Executive Secretary […] The post Transport
The OmniBSIC Bank, thought to be the fastest growing bank in the country, has emerged stronger in the aftermath of the debt restructuring programme, with an impressive performance that resulted in one of the biggest profitability ratios in the banking sector last year. The bank’s profit rose by 218 per cent to GH¢150.6 million in … The post OmniBSIC Bank posts historic GH¢150m
Australian police have declared Monday’s stabbing at a Sydney church a religiously motivated “terrorist act”. A 16-year-old boy was arrested after a bishop, a priest and churchgoers were attacked during mass at the Assyrian Christ The Good Shepherd Church. At least four people suffered “non-life-threatening” injuries, police say. The attacker was also hurt. The incident […] The post Sydney
Ghana has been eliminated from the 2024 Futsal Africa Cup of Nations after a defeat to Angola on Monday night. Ghana faced Angola in a must-win match looking to give themselves a chance of progressing from the group stage but However, ended up on the losing side once again as they lost 11-3. Angola entered […] The post Futsal AFCON 2024: Ghana exits competition after losing to
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
The government is determined not to overburden Ghanaians with the payment of more taxes, Dr Mohammed Amin Adam, the Finance Minister, has assured. Rather, the government would ‘use the hard way’ to collect revenue from those who have not been paying the appropriate taxes, as well as those who have been evading taxes in the […] The post We won’t overburden Ghanaians
Dr Mohammed Amin Adam, the Minister of Finance, has outlined key performance indicators that led to the successful completion of the Second Review by the International Monetary Fund (IMF). On Saturday, April 13, 2024, the IMF disclosed that it had reached a staff-level agreement on the second review of the extended credit facility with Ghana. […] The post IMF
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