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
Ghanaian actress, Salma Mumin has revealed why she chose to undergo a Brazilian Butt Lift procedure which is popularly known as BBL. The post ‘I wanted bigger and curvier butt’ – Salma Mumin speaks on why she opted for BBL first appeared on 3News.
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
Ghanaian musician, Shasha Marley, has opened up about his disinterest in associating with political parties particularly by composing campaign songs. The post ‘I rejected $50k offer to do a song for a political party’ – Shasha Marley first appeared on 3News.
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 Local Organising Committee (LOC) for the 2023 African Games has yielded to pressure from volunteers and agreed to pay them an allowance of GHC 1,000.00 each. This decision comes in response to fervent protests by volunteers who were left unpaid following the conclusion of the continental event. The volunteers, numbering over 1,000, had generously […] The post African
The Ghana Mineworkers’ Union of the Trades Union Congress, has announced plans to stage a five-day protest at the Ministry of Lands and Natural Resources and the Jubilee House beginning on Monday, April 15, 2024. Their stance is to pressure the government into revoking the mining lease of Future Global Resources Limited, operators of the […] The post Mine
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
Nollywood actress, Adejumoke Aderounmu, popularly known for her role as “Esther” in Funke Akindele’s popular TV series Jenifa’s Diary, is dead. The post Nollywood actress, Adejumoke Aderounmu of Jenifa’s Diary dies at 40 first appeared on 3News.
By Rosemary MBABAZI Sunday April 7, 2024, marked the beginning of the 30th commemoration of the 1994 Genocide Against the Tutsi. It is a period to remember the lives of more than one million people who were brutally killed during a 100-day period from April to mid-July 1994. This period of remembrance called “Kwibuka”, meaning […] The post By
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
Despite millions of dollars invested in Ghana’s health systems to combat HIV, tuberculosis, and malaria, life-saving drugs and healthcare products for these ailments have been stuck at the Tema Harbour for over ten months. For those who depend on these medicines, the continued delay in clearing these medications put their lives at risk. Ghana is […] The post Stuck
Despite millions of dollars invested in Ghana’s health systems to combat HIV, tuberculosis, and malaria, life-saving drugs and healthcare products for these ailments have been stuck at the Tema Harbour for over ten months. For those who depend on these medicines, the continued delay in clearing these medications put their lives at risk. Ghana is […] The post Global
To build the capacity of pupils and instil in them the importance of choosing a good career path at the basic level, teachers of Sanso Methodist Primary School in the Obuasi Municipality invited officials from the National Ambulance Service, Ghana to educate the pupils on basic life support techniques. This programme is part of the […] The post Ambulance Service
The Economic Fighters League says it has been closely monitoring recent developments within the political landscape as prominent figures from the establishment defect to forge alliances with other movements, all aimed at challenging the entrenched dominance of the New Patriotic Party and the National Democratic Congress. The Fighters said they extend a warm welcome to […] The post 2024
The Managing Director of the Electricity Company of Ghana (ECG), Samuel Dubik Mahama has said that requests from the Ghana Grid Company (GRIDCo) for load management have become an irritation to customers. He explained that the requests have become so frequent that they are now a source of disturbance to customers. This is contained in […] The post GRIDCo’s
President Nana Addo Dankwa Akufo-Addo has signed into law an Act of Parliament which seeks to revise and consolidate all laws relating to wildlife and protected areas. The Wildlife Resources Management Act, 2024 (Act 1115), sponsored by the Ministry of Lands and Natural Resources, was passed by Parliament on 28th July, 2023, and assented to […] The post Akufo-Addo
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