Talented Ghanaian-American basketball player, Ashley Owusu has achieved a significant milestone by being drafted into the prestigious Women’s National Basketball Association (WNBA). Her journey to this point was marked by a stellar career in college basketball that caught the attention of WNBA scouts. Initially making her mark in women’s basketball through her time at the […]
Multiple award-winning Artiste, Kofi Kinaata has marked his birthday with a poignant musical release, unveiling his latest single, ‘Effiakuma Broken Heart,’ on April 15th, 2024. The track, a soul-stirring ballad, offers a raw and emotional exploration of love and heartbreak. Kofi Kinaata has consistently captivated audiences with his authentic storytelling and compelling melodies. ‘Effiakuma Broken […] The post Kofi
The Ministry of Finance and the Bank of Ghana have shown a steadfast commitment to a set of policies right from the beginning of the implementation of the $3 billion programme with the International Monetary Fund (IMF) under very difficult circumstances, Governor of the central bank, Dr Ernest Addison has said. He stated that they […] The post $3bn deal: We are beginning
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has expressed optimism that the successful second review of the programme with the International Monetary Fund (IMF) will lead to the release of the 3rd tranche. The country had already received two tranches, $600million each. The release of the third tranche would increase the total […] The post IMF deal:
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:
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
Buem Member of Parliament Kofi Adams has accused the New Patriotic Party (NPP) government of mismanaging the economy. Specifically, he mentioned, Vice President Dr Mahamudu Bawumia who is also a flagbearer of the party, for failing to manage the economy well as head of the economic management team. Contributing to a discussion on TV3’s Key […] The post NPP govt has mismanaged the economy – Kofi
According to the Member of Parliament for the Buem constituency in the Oti Region, Kofi Iddie Admas, the NPP government under President Akufo-Addo has supervised the highest number of job losses in the public sector than in any administration. He said the government has degenerated job creation opportunities in the public sector, which has resulted […] The post Performance Tracker:
The former New Patriotic Party (NPP) Member of Parliament for Ejisu, Kwabena Owusu Aduomi, has decided to contest the upcoming by-election as an independent candidate. His decision stems from what he perceives as the reluctance of the National Leadership of the NPP to address crucial concerns regarding the existing delegates album, which he believes undermines […] The post Former
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
Buem Member of Parliament, Mr Kofi Adams, has asked the Governor of the Bank of Ghana (BoG), Dr Ernest Addison whether there is any commercial bank in Ghana capable of running the Gold for Oil programme if the central bank decides to shift to the operations to them. This was after Governor Addison hinted that […] The post Is there any commercial bank
Buem Member of Parliament, Kofi Adams, has said that the Performance Tracker launched by the government contains inaccurate information. For instance, he notes that on the tracker, it is stated that work at the St Augustine House, House 1 at the Bishop Herman College in Kpando, Volta Region, is 100 percent complete. However, he said […] The post Govt’s Performance Tracker is deceptive – Kofi Adam
In the past three weeks, fear and panic have gripped parts of Ghana. A legend of vanishing male genitals has been circulating, with a number of arrests made by the police of suspects. The dreaded spots so far are Kasoa, Awutu Senya, and parts of Eastern region. In all cases, though, no missing genitals have […] The post A Season Of Vanishing Genitals appeared first on The
The Assemblywoman for Old Estate East Electoral Area in the New Juaben South Municipality of the Eastern Region, Rebecca Oforiwaa Darko popularly known as Abena Payaase, has formed a community watchdog committee to fight crime in the area. The community watchdog committee, which was jointly formed with the Koforidua Central Police Command, is to aggressively […] The post Assembly
The Metropolitan, Municipal and District Chief Executives (MMDCEs) do not have any qualms with the Administrator of the District Assemblies Common Fund (DACF), Irene Naa Torshie Addo, The Chronicle has been told. The National Dean of all the 261 MMDCEs, who is also the Eastern Regional Dean and the District Chief Executive for Achiase, Richmond […] The post No Planned Demo Against Naa
Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei have admonished the government to cut its expenditure by 30 per cent to effectively combat inflationary pressures. The two in a report titled, ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ raised several concerns including the government’s approach of “relying […] The post Cut
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
By Kofi Anokye Owusu-Darko (Dr) According to the banks, there is a Bank of Ghana (BOG) directive that all third-party transactions in the banking hall must be supported by an identification (ID) of the party undertaking the transaction. This stems from the Anti-Money Laundering Act, 2020 (Act 1044), and the December 2022 BOG Guidelines for […] The post Anti-money
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