The Minority Caucus in Parliament has indicated that it will reveal further details regarding mismanagement in the organization and execution of the 13th African Games. In a press briefing held on Tuesday, the Caucus unveiled that despite Parliament’s approval of $195 million for infrastructure enhancements linked to the games, the government’s mismanagement led to a […] The post African
In a strategic move to promote trade liberalisation under the African Continental Free Trade Area (AfCFTA), the United Bank for Africa (UBA) Ghana has collaborated with the Ghana Export Promotion Authority (GEPA) to host a crucial sensitisation seminar titled ‘Trade Liberalisation after the AfCFTA’ at the Africa Trade House in Accra. Peter Dery, Head of […] The post
Professor John Gatsi, economist and Dean of the University of Cape Coast Business School, has maintained that the indicative exchange rate used by the Bank of Ghana (BoG) is not reflective of the cost structure of business in the country. According to the central bank, the cedi depreciated at 6.8 percent against the US dollar […] The post Relative
The Majority Leader, Alexander Afenyo-Markin has highlighted the importance of a united effort among Ghanaians for the nation’s prosperity. He emphasized that the road to prosperity requires the combined efforts of all citizens, not solely the leadership. Speaking at an event hosted by Bradford University, the Effutu Member of Parliament expressed confidence in the government’s […] The post Path
The opposition National Democratic Congress (NDC) has expressed concerns over what it describes as judicial bias in the scheduling of political cases by the Supreme Court. The party has taken issue with the Chief Justice’s decision to prioritise the hearing of a case filed by the MP for South Dayi, Rockson-Nelson Dafeamekpor, over an earlier […] The post Dafeamekpor
The Minister for Works and Housing, Kojo Oppong Nkrumah, has assured that processes by the government to enlist private partners for the completion of the Saglemi Affordable Housing Project will be transparent to eliminate any perception of corruption. He emphasized the commitment of the government to ensure the completion of the project before the December […] The post Saglemi
In a recent initiative to bolster economic resilience, Absa Bank Ghana has organized a seminar for its Business Banking clients focused on understanding and managing market risks effectively. The event, themed “Anticipate and Effectively Manage Market Risk,” aimed to provide insight into the current macroeconomic climate, highlighting potential market risks and outlining risk management solutions. […] The post Absa
The prestigious Ghana Institution of Engineering (GhIE) celebrated a momentous occasion during its 54th Annual Excellence Award ceremony held at the Labadi Beach Hotel in Acca, on March 22, 2024. The highlight of the evening was the conferment of the Esteemed Class of Fellows on exceptional engineers, five of whom are engineers from both AngloGold […] The post GhIE honours five
The family of the National Chief Imam, Sheikh Osman Nuhu Sharubutu, has announced the passing of his wife, Hajia Ramatu Sharubutu, in the early hours of Wednesday, March 27, 2024. A statement issued by the Chief Imam’s spokesperson, Sheikh Armiyawo Shaibu, has confirmed that a Janazah prayer and burial will be conducted at 2 pm, […] The post Wife of National Chief Imam dead appeared
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has asked the security agencies to play their role in the fight against cross-border illegal transfers. He says that there is nothing the central bank can do about it if the security agencies do not help. Dr Addison indicated that although the Bank hears rumors […] The post If the
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 management of Ebenage Herbal Production and Consult Limited, producers of Hepa Plus mixture has appointed Felicia Quenin as the new Chief Executive Officer of the company. Felicia Quenin, a holder of MBA in Strategic Management and Consulting from KNUST takes over from Dr. Ebenezer Agyemang who had held the position since the inception of […] The post Hepa
Dr Matthew Opoku Prempeh, the Minister of Energy, on Tuesday inaugurated the newly constituted 11-member board of the Tema Oil Refinery (TOR) Company Limited in Accra and urged them to rise to the occasion. The board includes Leon Kendon Appenteng as the chair, Kofi Mocumbi Tagoe as the Managing Director, and other members such as […] The post Ensure TOR becomes viable
The Interim Management Committee (IMC) of Asante Kotoko has disclosed a crunch meeting held with the coaching staff led by Dr Prosper Narteh Ogum. This follows the current disappointing result which has seen the club slip from third place in the Ghana Premier League table to ninth place. In a statement released by Kotoko on […] The post Kotoko holds emergency meeting with
The Minister of Finance, Dr. Mohammed Amin Adam, has said the Cedi has been largely stabilised since early 2023 against the major trading currencies. According to him, the cedi cumulatively Read More... The post Cedi Largely Stabilised Since 2023 appeared first on
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
The Public Utilities Regulatory Commission (PURC) has announced that the Electricity Company of Ghana (ECG) is on course in respect of compliance with the 5 requirements under the Cash Waterfall Mechanism procedure. This is contained in a statement dated March 26, 2024, issued by the Commission and signed by its Executive Secretary, Dr Ishmael Ackah. […] The post PURC
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
The Dr Anthony Oteng-Gyasi-led board of the Ghana Revenue Authority (GRA), which has been spearheading the country’s revenue mobilisation efforts has been dissolved by the President of the Republic Nana Addo Dankwa Akufo-Addo. As a consequence, the Commissioner General of the GRA who is a member of the board, Rev Dr Amishaddai Owusu-Amoah (62), has […] The post Akufo-Addo dissolves GRA board first appeared
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