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
A Governance Expert Professor Enoch Antwi has told President Nana Addo Dankwa Akufo-Addo that Ghanaians deserve to know the reason for terminating the appointment of the Director-General (D-G) of the Social Security and Nationa Insurance Trusts. Although he acknowledges that the president has the power to hire and fire, he said, the people want to […] The post Give
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
Ghana is in an era where we are blessed with an abundance of athletes who have huge potential to leave a legacy in the world of track and field. From Rose Yeboah to Cadman Yamoah to Benjamin Azamati and Joseph Paul Amoah, one can describe this era as the “Golden Era” for Ghana Athletics and […] The post Isaac Botsio: The story of the Takoradi boy with ‘big
The Ghana Tertiary Education Committee (GTEC) has directed all universities to cease the operation of satellite campuses situated on Senior High School (SHS) premises and other unauthorized locations. This decision stems from GTEC’s assessment of such activities as unlawful, given that these universities are operating beyond their accredited facilities. In an interview with Citi News, […] The post GTEC
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
Professor Naana Jane Opoku-Agyemang In an effort to mount a strong challenge in the upcoming 2024 general elections, the National Democratic Congress (NDC) will officially introduce Professor Naana Jane Read More... The post NDC Outdoors Jane Naana As
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
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 Dean of the University of Ghana School of Law, Professor Raymond Atuguba, has emphasized that addressing Ghana’s current developmental and economic challenges requires a cultural approach. Speaking on cultural practices, ethics and law in the wake of the marriage between 63-year-old Gborbu Wulomo and 13-year-old Naa Okromo, Professor Atuguba argued that most of Ghana’s […] The post ‘The
Professor Raymond Atuguba, Dean of the University of Ghana School of Law, has highlighted the pervasive nature of child marriages in Ghana, emphasizing that the union between 63-year-old Gborbu Wulomo and 13-year-old Naa Okromo is indicative of a larger systemic issue. According to the legal professor, such marriages are not isolated incidents but rather widespread, […] The post Gborbu
Nana Amoasi VII, the Executive Director of the Institute for Energy Security (IES), has stated that President Akufo-Addo’s directive to suspend exporting electricity to neighbouring countries is not sustainable. Samuel Atta Akyea, Chairman of the Energy Committee of Parliament, revealed on Tuesday, April 2, 2024, that President Akufo-Addo had instructed the Volta River Authority (VRA) […] The post Dumsor:
Petroleum consumers in Ghana are expected to pay more for fuel following the decision by the National Petroleum Authority (NPA) to suspend the Price Stabilization and Recovery Levy on petroleum products. In a directive dated April 3, 2024, and distributed to various stakeholders within the oil marketing and distribution sector, the NPA instructed the application […] The post Fuel
The Executive Director for the Institute for Energy Security (IES), Nana Amoasi VII, has cautioned that Ghana could lose the electricity export market if President Akufo-Addo’s directive to curtail power continues. President Akudo-Addo, in a letter to the Volta River Authority (VRA), ordered the retention of power exports for domestic use in response to the […] The post Ghana
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