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
Kofi Appianin Ennin The Obuasi West Constituency in the Ashanti Region will see a fierce battle as the countdown to the polls on December 7 gets underway, with the Read More... The post Independent Candidate Pops Up In Obuasi West appeared first on
A private businessman in Obuasi, Mr Kofi Appianin Ennin, has declared his intention to contest the Obuasi West Constituency parliamentary seat as an Independent Candidate, in the upcoming general elections in December 2024. Mr Kwaku Kwarteng, the incumbent MP and Madam Faustilove Appiah Kannin, have filed to contest the seat as New Patriotic Party (NPP) […] The post Appianin
Chiefs and constituents of Ejisu Constituency in the Ashanti Region are pleading with the former Member of Parliament for Ejisu, Ing. Kwabena Owusu-Aduomi to contest the vacant parliamentary seat in the impending by-election. They have pledged their support for the former lawmaker, pointing to what they described as unprecedented, the level of developments he brought […] The post Ejisu
The Chief of Ahwerewam in the Ahafo-Ano South East District of the Ashanti region, Oheneba Owusu Ansah Nante Ababio, has denounced galamsey in his community. He has, therefore, asked Chinese and Ghanaian illegal miners operating within his jurisdiction to stop the illegality within 24-hours or face his wrath. “Whoever is seen doing galamsey would be […] The post Ahwerewam Chief wages war against galamsey
Two persons have been arraigned before an Accra Circuit Court for allegedly robbing an online trader of electronic gadgets worth GH¢126,300. They are Edward Kweku Sena, a 43-year-old Instructor and Derrick Botchway a 35-year-old Driver.An accomplice, whose name was given as Quaye, is at large.Sena and Botchway have been charged with conspiracy to commit crime […] The post Two in court for allegedly
In a bid to enhance technical vocational education within their community, the Chiefs and people of Dagbamate, in the Akatsi South Municipality of the Volta Region, have constructed a new vocational school, set to be commissioned in 2025. It is the expectation of the people that new school will become the hub for technical skills […] The post Editorial: We Commend The Chiefs And People Of
Former Energy Minister Emmanuel Armah Kofi Buah is calling for a thorough audit of the GH¢10 billion generated from the Energy Sector Levy (ESLA). The Deputy Minority Leader in Parliament alleges mismanagement of the funds by the Finance Ministry. He argues that this mismanagement has led to crippling debt within the energy sector, exacerbating recent […] The post Minority
The management of the Ghana Revenue Authority has celebrated its outgone Commissioner-General Rev. Dr. Ammishaddai Owusu-Amoah. They commended him for his exceptional leadership and immense contribution to the operations of GRA, especially in the area of digitalization and wish him well in his future endeavours. President Akufo-Addo on March 28, 2024, appointed Madam Julie Essiam […] The post GRA
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 Board of the Ghana Revenue Authority has been dissolved. President Akufo-Addo is expected to announce a new Board by the close of the day. Though no reason was given for the dissolution of the Dr. Anthony Oteng-Gyasi-led Board, reports say there have been some disagreements lately. The move by the President comes days after […] The post Ghana Revenue Authority Board dissolved
President Akufo-Addo has appointed Madam Julie Essiam as the new Commissioner-General of the Ghana Revenue Authority. She replaces Rev. Dr. Ammishaddai Owusu-Amoah. Until her appointment, Madam Julie Essiam was the Commissioner responsible for the Support Services Division of the GRA. Her appointment comes hours after President Akufo-Addo dissolved the Board of the GRA. Though no reason was given […] The post Julie
By Joshua Worlasi AMLANU ([email protected]) The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation. Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th MPC meeting’s press briefing […] The post
The Minister of Communications and Digitalization, Ursula Owusu-Ekuful, has expressed scepticism regarding the passage of the Affirmative Action Bill in the next parliament. She attributed this uncertainty to the delayed efforts in stakeholder advocacy. Speaking at the Women in Governance National Dialogue on the theme, ‘Movement building towards equal playing field: Women’s inclusion and participation […] The post Calls
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the foreign exchange market came under some seasonal pressures in February and early March 2024. However, he said, the Ghana cedi continues to recover its value. The pressures, he explained, emanated mainly from the strengthening of the United States dollar in international […] The post Cedi continues
Governor of the Bank of Ghana (BoG) Dr Ernest Addison has stated that Fiscal policy implementation so far has been broadly consistent with targets under the International Monetary Fund External Credit Facility (IMF ECF) supported programme. Although the primary fiscal balance (Total Revenue less Total Non-Interest Expenditure) target for 2023 was attained, he said, the […] The post Fiscal
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the Cedi was relatively stable in the first quarter of 2024 against the major trading currencies, especially the Dollar. He says they expect the stability to continue. Answering questions at the 117th Moneyray Policy Committee (MPC) press conference in Accra on Monday […] The post Cedis is relatively stable
Governor of the Bank of Ghana (BoG), Dr Ernest Addison has said that Nigeria is currently saddled with a crisis related to the challenges posed by its currency, the Naira. He said this is similar to what Ghana went through in 2022 when inflation kept rising, coupled with the rapid depreciation of the Cedi. Reuters […] The post Naira woes: Nigeria going through
The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) will be holding the 117th press conference today Monday, March 25. The MPC is expected to announce major policy decisions including whether or not the policy should reduce. The MPC is also expected to talk about the performance of the Cedi against the dollar […] The post Bank of Ghana to announce key decisions
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