Former Attorney-General and a leading member of the opposition National Democratic Congress (NDC) has hit hard at the current holder of the office, Godfred Dame for advising the President wrongly on the Anti-LGBTQI Bill. Betty Mould Iddrisu says that the President’s decision to bar Parliament from transmitting the bill was wrong. This comes after some […] The post Anti-LGBTQI
The Bank of Ghana (BoG) has appointed Dr Joseph O. France as a Management Advisor to the Universal Merchant Bank Ltd. (UMB). Dr. France’s role will involve advising UMB’s management, monitoring its recapitalization efforts, and overseeing governance reforms agreed upon with the Bank of Ghana. The appointment is in accordance with section 101(1) of the […] The post BoG
John Ampontuah Kumah, the late Deputy Finance Minister and Member (MP) of Parliament for Ejisu in the Ashanti Region will be laid to rest on Saturday, May 18, 2024. Read More... The post One week Held For Late John Kumah…To Be Buried May 18
The Bank of Ghana (BoG) says it remains committed to promoting a sound and resilient banking sector that retains the trust and confidence of the general public. The central bank said this while announcing that it has appointed Dr. Joseph O. France as an Advisor to advise the management of Universal Merchant Bank LTD (UMB) […] The post Bank
The National Communications Authority (NCA) has provided an update on the repair to the damage of the submarine cables which occurred on 14th March, 2024, and resulted in the disruption of data services in Ghana. The NCA said it engaged with the four Submarine Cable Service Providers (SAT-3, ACE, WACS and MainOne) to receive updates […] The post NCA updates on the repair to the damage
The director in charge of the volunteers for the 13th African Games, Juliana Addo-Yobo, says the Ministry of Sports is working on settling all volunteers for the games. The volunteers on Tuesday were agitated over what they say is the failure of authorities to release the GH¢2,500 promised them ahead of the competition. The volunteers […] The post Accra 2023:
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 All
Children under 14 will be barred from joining social media in Florida from next year. Signed into law by governor Ron DeSantis, the legislation directs social media firms to delete the accounts of under-14s. Children aged 14 and 15 will also need parental consent before signing up for platforms like Instagram and Snapchat. Companies who […] The post US state bans children under
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
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
Juliana Addo-Yobo, the director responsible for volunteers at the 13th African Games, has assured that the Ministry of Sports is actively working to resolve the issue of unpaid volunteers for the event. Volunteers expressed agitation on Tuesday over the alleged failure of authorities to fulfill promises of compensation made before the competition. They claim they […] The post African
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
Thomas Ishmael Adjei Fidelity Bank Ghana, a leading advocate for financial inclusion, took a centre stage role in empowering young minds at the just ended 13th African Games. The Read More... The post Fidelity Bank Empowers Youth At African Games appeared first
The Bank of Ghana (BoG) has received a US$300 million facility from the World Bank as budgetary support. According to a report by Citi News, the BoG’s account was officially credited on Wednesday, March 27, 2024. The release today is the first of three $300 million World Bank operations for disaster response and resilience in […] The post $300m World Bank budgetary support hits
The National Chairman of the National Democratic Congress (NDC), Johnson Asiedu Nketiah, popularly known as General Mosquito, has criticised the executive’s approach to the anti-LGBTQ+ bill. Asiedu Nketiah deemed the president’s decision to refuse acceptance of the bill as wholly unnecessary. This stance follows the Executive Secretary to the President, Nana Asante Bediatuo’s request to […] The post Akufo-Addo’s
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