Reverend Stephen Yaw Osei, Chief Director of the Ministry of Works and Housing says Consultants for the Saglemi Housing Project, Architectural & Engineering Services Limited (AESL) did not perform their duty to ensure that the country had value for money. Per his account before Justice Dr Ernest Owusu, a Court of Appeal judge, with an […] The post Saglemi project Consultant did not
The Ghana Police Service (GPS) has arrested forty-six more persons in connection with attacks on the Bepong Chiefs palace and some Police officers at Kwahu Bepong in the Eastern Region. The Police Service had earlier arrested 25 persons in connection with the attack. The arrests bring the total number of suspects so far arrested to […] The post Police
The Overlord of Dagbon, Yaa Naa Abubakari Mahama II, has admonished the flagbearer of the opposition National Democratic Congress (NDC), John Dramani Mahama, not to amass wealth and properties if re-elected in the upcoming 2024 polls. He further entreated Mahama to prioritize leaving a meaningful legacy rather than accumulating personal wealth if he assumes power […] The post Don’t
After testifying that US$80 million out of the US$200 million for the Saglemi Housing was paid by late Enoch Teye Mensah, also known as E.T Mensah, it has come to light that the prosecution’s first witness (PW1), Reverend Stephen Yaw Osei, has no personal knowledge of the entire housing project. According to Rev. Osei, Chief […] The post Saglemi trial: Witness lacks personal
Headline inflation is expected to ease between13% to 17% by the end of 2024, according to the Bank of Ghana (BoG). The Central Bank says the expectation was as a result of inflation declining sharply by more than 30% in the course of 2023. It is also expected to trend back gradually to within the […] The post 2024 expected to end with at least 13% inflation -BoG appeared first on The
Bank of Ghana Governor Dr. Ernest Addison has said there is no better time than now for Africa to revisit the issue of scaling-up interoperability, in a bid to deepen financial inclusion and intra-Africa trade. He said the high prevalence of mobile devices, mobile money penetration and increased Internet connectivity offer an opportune window to […] The post
Recapitalisation efforts on track, profitability rebounds Stability Fund offers additional support Bank of Ghana Governor Dr. Ernest Addison has stated that recapitalisation of banks following the Domestic Debt Exchange Programme (DDEP) should continue without any significant hitches, on account of their performance in 2023, as well as the Ghana Financial Stability Fund (GFSF). Speaking during […] The post Banks
The Bank of Ghana Monetary Policy Committee (MPC) has announced a cut in the key policy rate from 30 percent to 29 percent, offering businesses a much-needed respite. This marks the first cut in two years. The previous policy rate of 30 percent had lasted a period of six months. Speaking at a press briefing […] The post Policy rate cut to 29% on back of retreating
Dr. Ernest Addison, BOG Governor The Human Right Division, Accra High Court, has dismissed an application filed by Dr. Papa Kwesi Nduom, GN Saving and Loans Company and others for Read More... The post ‘Central Bank Revoked GN Bank Licence Legally’ appeared
Minister of Works and Housing, Mr. Francis Asenso-Boakye, has retained his seat as the Parliamentary candidate for Bantama Constituency in the Ashanti Region for the second time. The incumbent Bantama lawmaker won last Saturday’s primary with a comfortable 650 votes against his opponent, RalphaelAgyapong, who polled 181 votes out of the total 877 votes cast. […] The post Asenso-Boakye,
The hopes of the Controller and Accountant General, Mr. Kwasi Kwaning-Bosompem, have been dashed as he has lost the Akim Swedru in the New Patriotic Party (NPP) parliamentary primary. He secured 94 votes against the incumbent MP Kennedy Osei, who had 194, whereas Okyere Jerome Kwame polled 10. The race in the constituency became topical […] The post #NPPDecides: Controller
The Ghana Tertiary Education Commission (GTEC) has started a policy dialogue that seeks to establish a policy framework for transnational education in the country. The policy dialogue being done in collaboration with the British Council is geared towards engaging all stakeholders in the tertiary education space to come out with a policy framework to regulate […] The post GTEC to implement
Before Alhaji Collins Dauda and Dr. Kwaku Agyeman-Mensah were respectively appointed as Minister for Works and Housing, an amount of US$80 million had already been invested into the Saglemi housing project. Mr Godwin Edudzi Tamakloe, Counsel for Agyeman-Mansah, told an Accra High Court, presided over by Justice Ernest Owusu-Dapaa, on Tuesday. He said the amount […] The post Collins,
Multifaceted Ghanaian celebrity John Dumelo has graduated from the University of Ghana Law School with a Master’s Degree in Law (Natural Resources) The actor, farmer and Politician announcing the feat in a post on X on Friday, January 27, 2024, expressed his gratitude to God and used the hashtag #3rdmasters to indicate that this is […] The post John Dumelo bags 3rd
Moses Anim As the New Patriotic Party (NPP) gears for its nationwide parliamentary primaries on Saturday, January 27, 2024, one of the sitting Members of Parliament (MPs) in the Read More... The post Why Trobu MP Smells Victory appeared first on DailyGuide
The Bank of Ghana (BoG) is prepared to continue the necessary structural reforms to revive the country’s shaky economy. It emphasizes the importance of vigilance and commitment in realigning the country’s economic situation. Following the approval of the second $600 million tranche from the International Monetary Fund (IMF), Dr. Ernest Addison, Governor of the Bank […] The post We’ll
The Ghana Railway Development Authority has disclosed that only two contemporary diesel-powered trains have been procured from Poland to boost the railway transport system, contrary to media reports that 12 trains have been secured. There were reports that the state has procured 12 trains for the Ghana Railways Company, expected to operate both regional and […] The post We’ve
Alhaji Collins Dauda, former minster for Works and Housing, according to a Prosecution Witness, Rev. Stephen Yaw Osei, did not issue an interim payment certificate, regarding the Saglemi Housing Project. He said this in court last week during cross examination. Mr Collins Dauda and others have been accused of causing financial loss to the state […] The post Colins Dauda Did Not Issue Interim
After declaring his parliamentary ambition to run on the ticket of the New Patriotic Party (NPP) in the Akim Swedru Constituency of the Eastern Region, the Controller and Accountant General, Mr. Kwasi Kwaning Bosompem, continues to enjoy backing and endorsement from high-profile personalities, politicians, religious leaders, and civil society organizations. The Center For the Vulnerable […] The post NPP
The Trades Union Congress (TUC) has given the government a seven-day ultimatum to withdraw the imposition of Value Added Tax (VAT) on electricity consumption above lifeline. In a letter dated January 1, Finance Minister, Ken Ofori-Atta, directed the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCO) to implement the VAT, aiming […] The post TUC
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