The Ghana Police Service, through an intelligence-led operation and investigation, has arrested Six (6) persons including Four (4) Juveniles who are all Students of Presbyterian Boys Senior High School (PRESEC), Legon, Accra for staging a kidnapping incident. The two(2) adults among the six (6) are Isaac Kissi Adjei alias Kofi Black and Courage Teiko alias […] The post Police
By Kizito CUDJOE The government in collaboration with stakeholders, has announced a significant increase in the Producer Price of cocoa for the remainder of the 2023/24 crop year, in a move aimed at enhancing the income of cocoa farmers in the country. The decision comes amidst a backdrop of rising cocoa prices on the international […] The post Gov’t
The Minister of Youth and Sports, Mustapha Ussif, has revealed that the African Union (AU) has declared Accra as the African City for Sports. This pronouncement comes after the successful organization and hosting of the 13th African Games (ACCRA2023), which took place across several sporting venues in Accra and Cape Coast. Hon. Ussif said, in […] The post Africa
The newly appointed assistant Black Stars coach, John Painstil has sued four sports journalists and three media entities for defamation. The journalists are Veronica Commey, Saddick Adams, Christopher Nimley, Patrick Osei Agyemang also known as Countryman Songo. Other defendants are Omni Media Limited, Angel Broadcasting Network, and Multimedia Group have been served with a writ. […] The post John
The Director of the Ghana School of Law, Barima Yaw Kodie Oppong, has requested forgiveness for himself and others who criticized the marriage of the 63-year-old Ga priest to a 13-year-old girl. Nuumo Borketey Laweh XXXIII, known as the Gborbu Wulomo, faced significant backlash when a video of his wedding ceremony with the young girl, […] The post Forgive
Dr. Kweku Arthur-Annobil, Strategy Lead & Business Manager (BCB) at Stanbic Bank, has urged regulators and business leaders in the financial sector to support female entrepreneurs to grow and expand their businesses. He made this statement at the 2024 Women in Business Dialogue series, held at the La Palm Royal Beach Hotel. Speaking at the […] The post Women
By Emmanuel AKOMEA The Chief Executive Officer of DCG Consulting Group, Dzibordi K. Dosoo, emphasizes the significance of prioritizing skill development and effective communication to thrive in today’s competitive business environment. According to her, regardless of the product or service offered, refining one’s abilities and communicating effectively with customers are pivotal for success. Dosoo further […] The post
Chief Justice Gertrude Torkonoo has defended the decision to expedite the injunction application filed by the MP for South Dayi, Rockson Nelson Dafeamekpor, aimed at halting parliament’s confirmation of newly nominated ministers by President Akufo Addo. Justice Torkonoo asserted that the case was ripe for hearing as all necessary procedures had been fulfilled. Addressing reporters […] The post Chief
By Dr. Richmond ATUAHENE Abstract The present paper examines the issue of the current Ghana’s public debt crisis, its underlying causes and lessons for the present and the future. After providing a historical discussion, we show that the austerity of the last four years has been unsuccessful in stabilizing the debt while, at the same […] The post The
Investors’ demand for Treasury bills (T-bills) fell by 43 percent, marking the market’s first under-subscription in 17 consecutive weeks. This marks a shift from the strong investor demand that had characterised the market throughout 2024, particularly by banks seeking safety at the shorter end of the market, following the domestic debt exchange programme (DDEP) and […] The post Editorial:
Francis-Xavier Sosu, the Member of Parliament for Madina, has criticized the union between a 63-year-old Ga priest and a 13-year-old girl, describing it as “condemnable”. The Ga priest, Nuumo Borketey Laweh XXXIII, also known as Gborbu Wulomo, faced significant backlash when a video of his wedding ceremony with the young girl, Naa Okromo, became public. […] The post Gborbu
The Chairman of the Energy Committee of Parliament, Samuel Atta Akyea, has disclosed that President Akufo-Addo has directed the Volta River Authority to reduce the export of electricity to neighbouring countries in response to the ongoing intermittent power outages, commonly known as ‘dumsor’. “The President is on top of the issues and I am even […] The post Dumsor:
John Dramani Mahama, the Flagbearer of the National Democratic Congress (NDC), has outlined his intentions to implement import restrictions on specific essential commodities should he emerge victorious in the December elections. According to available data, imports of goods and services currently contribute approximately 40 percent to the country’s Gross Domestic Product (GDP). During a stakeholder […] The post I’ll
At the maiden edition of the Women in Business Dialogue series organised by the Business and Financial Times and held in Accra, the Sector Head, SME & Retail Banking at Zenith Bank, Gloria Cabutey-Adodoadji, urged businesswomen to leverage on the golden opportunities of the African Continental Free Trade Area (AfCFTA) agreement to expand their reach […] The post Zenith
The Majority in Parliament has defended the government’s recent decision to increase passport fees. According to the group, the subsidy of passport fees by 400 Ghana Cedis should not solely benefit the 20% of Ghanaians who require passports for travel, as it is not equitable. The Ministry of Foreign Affairs and Regional Integration announced the […] The post Majority
Once the new Cash Reserve Requirement (CRR) policy becomes effective, it is expected to see approximately GH¢16.2billion – US$1.2 billion flow from banks to the Bank of Ghana (BoG). CRR is a rule set by central banks requiring commercial banks to keep a portion of their deposits – local and foreign currency – as cash […] The post Editorial:
The Independent Power Generators Ghana (IPGG) has commended President Akufo-Addo regarding his directive to the Volta River Authority to halt the exportation of electricity to neighbouring nations such as Togo and Burkina Faso. The group acknowledged that while this suspension may not completely resolve the current energy crisis, it will certainly provide some relief and […] The post Dumsor:
Nine individuals have so far picked up forms to contest the New Patriotic Party (NPP) parliamentary primary for the Ejisu constituency since the party opened nominations on Tuesday, April 2, 2024. The NPP has scheduled the election of a Parliamentary Candidate for the constituency for Saturday, April 13, 2024, following the passing of the Member […] The post Ejisu
Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has criticized the Akufo-Addo government for its dependence on funds from the International Monetary Fund (IMF), World Bank, and other donor agencies to strengthen the local currency. He labelled the government’s heavy reliance on foreign aid, including Eurobonds and cocoa syndicated […] The post Ghana’s
The GaDangme Council has clarified that the relationship between a traditional ga priest and the 12-year-old girl is just a betrothal and not a marriage. Nuumo Borketey Laweh XXXIII, the 63-year-old Gborbu Wulomo, received criticism when a video surfaced online showing him in a marriage ceremony with a 12-year-old girl, Naa Okromo. The traditional ceremony, […] The post Gborbu
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