Communications director of the Ghana Football Association (GFA) Henry Asante Twum has appealed to Ghanaians to remain calm and supportive of the Black Stars’ technical staff, particularly head coach Otto Addo, as they navigate through a transitional period. In an interview with Akoma FM, Henry Asante acknowledged the difficulties facing the team following their underwhelming […] The post Ghanaians
President Nana Addo Dankwa Akufo-Addo has terminated the appointment of the Director-General of the Social Security and National Insurance Trust (SSNIT) Dr. John Ofori Tenkorang. Dr. Tenkorang has been instructed to hand over his duties to Kofi Bosompem Osafo-Maafo by Monday, April 15. “Reference is made to your appointment letter dated 1st July 2019, issued […] The post Akufo-Addo sacks SSNIT
Black Stars defender Mohammed Salisu has provided support to orphans and the needy in Kumasi as goodwill to many in the Ramadan Islamic season. The Ramadan season is a time of fasting and prayer with community involvement across the world for many Muslims in the ninth month of the Islamic Calendar. Salisu has taken it […] The post Mohammed Salisu extends support to orphans and
When a person provides his or her legitimately or illegitimately acquired funds or assets for terrorist activities or organizations the person will be financing terrorism, the Bank of Ghana (BoG) has said. The central bank said financing of terrorism is a crime and is punishable by law therefore people should be careful they do not […] The post Becareful you do not
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many
Asante Kotoko’s struggle continued as they endured a goalless stalemate against Bechem United on Saturday, extending their winless run to five games. Despite showing signs of improvement compared to their previous four defeats, the Porcupine Warriors couldn’t secure the much-needed victory. Despite their efforts, Asante Kotoko had to settle for a point. However, their standing […] The post Bechem
Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s
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
The Minority members in Parliament say the newly announced producer price of GH¢33.120 per ton, which translates into GH¢2,070 per bag, constitutes a paltry 25.47% of the world market price of cocoa. Once again, we wish to reiterate that this is a rip-off of our hard working cocoa farmers, as it constitutes the lowest percentage […] The post New cocoa price is a rip-off –Minority appeared first on
Traders from Bantama Race Course and Suame markets and those from Kejetia Central and Abinkyi Markets in Kumasi have contributed a total of GHc220,000 to the Heal KATH project. While the women from Kejetia Central and Abinkyi Markets, led by Nana Yaa Foriwaa contributed GHc100,000, the Bantama Race Course and Suame market traders headed by […] The post Kumasi market women donate 220k to Heal
A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many
The team with the award Fidelity Bank Ghana has been recognised for its steadfast commitment to gender equality. The bank secured a coveted spot among the top 50 employers Read More... The post Fidelity Bank Gets Gender Equality Recognition appeared first
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
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
The National Executive Committee (NEC) of the New Patriotic Party (NPP) is set to decide on the Yendi primary on Tuesday, April 9, 2024. The parliamentary primary, which took place on January 27th, ended inconclusively due to a dispute over alleged spoiled ballots, leading to a halt in the process. There have been calls for […] The post NPP NEC to decide Yendi primary April 9 appeared
Nana Ohene Ntow, a prominent figure in Alan Kyerematen’s campaign, has lauded Kyerematen’s significant contributions to public service and leadership throughout his career. Highlighting Kyerematen’s extensive impact both within and outside politics, Ohene Ntow emphasized the former trade minister’s substantial contributions to the nation. During an interview with Selorm Adonoo on Eyewitness News on April […] The post Alan’s
President Nana Addo Dankwa Akufo-Addo and his Italian counterpart, His Excellency Sr. Sergio Mattarella has taken the longstanding Italy-Ghana relations a notch further following the post-easter state visit of President Mattarella to Ghana on Friday 5th April, 2024. The purpose of this visit by the Italian President to Ghana is to re-affirm the ties of […] The post AfCFTA-focused
Nana Ohene Ntow, a prominent member of Alan Kyerematen’s Movement for Change, has declared that Ghana is currently facing a dire state of emergency. He asserts that the country’s present challenges demand urgent attention, prompting voters to seriously consider Alan Kyerematen’s proposed solutions and vote for him. His remarks follow the recent alliance forged between […] The post Nana
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