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
Chief Justice Gertrude Torkornoo has indicated that the judicial service will revert to the opening and closure of court sittings, which ensured that jurors remained with the courts for only a short season. She said the current situation, where jurors stay with the courts for a long time, is not the best for effective justice […] The post LEADing Justice: Jurors will remain with
Chief Justice Gertrude Torkornoo has called on the judicial service to work towards eradicating unethical conduct such as exploitation and rent-seeking attitudes that users of the courts face. She noted that such conduct attracts negative tags such as ‘corruption’, ‘ineptitude’, and ‘inefficiency’ to the activities of the courts. However, the Chief Justice also called on […] The post CJ
Chiefs and constituents of Ejisu Constituency in the Ashanti Region are pleading with the former Member of Parliament for Ejisu, Ing. Kwabena Owusu-Aduomi to contest the vacant parliamentary seat in the impending by-election. They have pledged their support for the former lawmaker, pointing to what they described as unprecedented, the level of developments he brought […] The post Ejisu
Over ten people have expressed interest in contesting the vacant Ejisu constituency seat on the ticket of the ruling New Patriotic Party (NPP). At the last count yesterday afternoon, about 12 were already canvassing for support to win the parliamentary primary to contest the upcoming by-election. Four-time contender Abenaa Pokuaa Boaitey; former President of the […] The post More NPP members chase John
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
The Chief of Ahwerewam in the Ahafo-Ano South East District of the Ashanti region, Oheneba Owusu Ansah Nante Ababio, has denounced galamsey in his community. He has, therefore, asked Chinese and Ghanaian illegal miners operating within his jurisdiction to stop the illegality within 24-hours or face his wrath. “Whoever is seen doing galamsey would be […] The post Ahwerewam Chief wages war against galamsey
A Nigerian accused of being a member of the Islamic State, ISIS, in Iraq and Syria, Emmanuel Osase, has been detained for 60 days, by the order of a Federal High Court in Abuja. Justice Inyang Ekwo gave the order on Wednesday, following a motion ex-parte filed by the Department of State Services, DSS, marked […] The post Nigerian suspected to be ISIS member detained for 60 days appeared
The judge overseeing Donald Trump’s criminal hush money case has expanded a gag order on the former president after his online attacks against his daughter. Justice Juan Merchan has banned Mr Trump from criticising his family members or those of Manhattan prosecutor Alvin Bragg. The Trump campaign has called the gag order unconstitutional. In the […] The post Trump gag order expanded
The management of the Ghana Revenue Authority has celebrated its outgone Commissioner-General Rev. Dr. Ammishaddai Owusu-Amoah. They commended him for his exceptional leadership and immense contribution to the operations of GRA, especially in the area of digitalization and wish him well in his future endeavours. President Akufo-Addo on March 28, 2024, appointed Madam Julie Essiam […] The post GRA
The opposition National Democratic Congress (NDC) has expressed concerns over what it describes as judicial bias in the scheduling of political cases by the Supreme Court. The party has taken issue with the Chief Justice’s decision to prioritise the hearing of a case filed by the MP for South Dayi, Rockson-Nelson Dafeamekpor, over an earlier […] The post Dafeamekpor
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
The Board of the Ghana Revenue Authority has been dissolved. President Akufo-Addo is expected to announce a new Board by the close of the day. Though no reason was given for the dissolution of the Dr. Anthony Oteng-Gyasi-led Board, reports say there have been some disagreements lately. The move by the President comes days after […] The post Ghana Revenue Authority Board dissolved
President Akufo-Addo has appointed Madam Julie Essiam as the new Commissioner-General of the Ghana Revenue Authority. She replaces Rev. Dr. Ammishaddai Owusu-Amoah. Until her appointment, Madam Julie Essiam was the Commissioner responsible for the Support Services Division of the GRA. Her appointment comes hours after President Akufo-Addo dissolved the Board of the GRA. Though no reason was given […] The post Julie
Attorney-General Godfred Dame has described the criticisms against Chief Justice Gertrude Torkonor for the date fixed for hearing the injunction application by South Dayi Member of Parliament Rockson-Nelson Dafeamekpor as baseless. He said he applied for a speedy hearing of the injunction application that was filed by the South Dayi Member of Parliament Rockson-Nelson Dafeamekpor […] The post The
By Joshua Worlasi AMLANU ([email protected]) The Monetary Policy Committee (MPC) of the Bank of Ghana has announced its decision to maintain the monetary policy rate at 29 percent, citing persisting upside risks to inflation. Dr. Ernest Addison, Governor of the central bank, disclosed the rationale behind the decision during the 117th MPC meeting’s press briefing […] The post
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