Finance minister Seth Tekper has attributed the continuous depreciation of the cedi to speculative activities of some Banks, financial Institutions as well as foreign exchange bureaus in the country that are allowed to retain foreign exchange Ghana’s growing and insatiable appetite for the consumption of imported goods has also been blamed by the minister for ...

CitiNews can authoritatively report that Nadoli Kaleo Member of Parliament, Alban Sumana Kingsford Bagbin, is to return to the front bench of the Majority side as Majority Leader and leader of Government Business in the 275-Member Legislature. The position is set to become vacant after President John Mahama nominated the current occupier, Dr. Benjamin Kumbour, ...

On Monday 14th July 2014, the Majority in Parliament voted against a Motion requesting Parliament to investigate events surrounding Ghana’s football fiasco in Brazil. We witnessed a further sinking of the image of the Parliament of Ghana. The cause does not lie in the Stars!   Who really is to blame? The answer is clear – ...

I am trying to look on the brighter side of things just as President John Dramani Mahama has been urging all of us Ghanaians to do and stop being pessimistic. I did not question the word of the coach of our national football team when he made his selection for Brazil 2014. I concentrated on ...

CEO of Box Office Productions, Alex Ntiamoah, has called for larger injections of funds through sponsorship for local boxing to develop. He said the absence of money has left the sport reeling and that has hampered the production of top boxing talents to compete for world titles. “You know that boxing thrives on sponsorships and ...

The British High Commissioner to Ghana, Jon Benjamin says the European Union (EU) Economic Partnership Agreement (EPA) is a good deal for Ghana. He acknowledged that although some groups and individuals are strongly opposed to the agreement in Ghana, it will have enormous benefits if the country signs onto it. “I know not everyone is ...

Some assembly members of the Estate Electoral Area in the Anhwiaso-Bibiani-Bekwai district of the Ashanti Region are asking government to sack the District Chief Executive, Mr. Joseph Adansi Bonnah. The people of that District Assembly issued an ultimatum to Central Government to sack Mr. Bonnah within a month or face their wrath. This request has been made ...

Shops belonging to foreigners in Kumasi are still locked in spite of orders by the police for them to be opened. The Ashanti Regional command of the Ghana Police Service ordered that Shops belonging to Nigerian retailers that were locked up on Monday July 14, 2014 are reopened. According to the police command, it is an unlawful ...

Over six hectors of farmlands have been destroyed in the last three days following ethnic dispute between feuding factions in Bimbilla. There has been violence in Bimbilla since the overload of the town, Naa Dasana Andani Abdulai II passed on. The Bimbilla District Coordinating Council is warning of famine in the area if destruction of farm ...

The Executive Director of IMANI Ghana has described the latest Ministerial reshuffle by President John Mahama as a ‘new set of musical chairs.’ Although Franklin Cudjoe considers the inclusion of Dr. Ekwow Spio Garbrah as a Trade and Industry Minister as innovative but he suggested that he should have been the Energy Minister. “I am not ...

The Minister of Finance and Economic Planning, Seth Terpker is asking parliament to approve a GH¢3,196,855,671 Supplementary Budget Estimate in conformity with Article 179(8) of the Constitution for the rest of the year. This follows his presentation to Parliament of a mid-year review of the budget statement and economic policy of government for consideration and ...

Demba Ba has completed his move from Chelsea to Besiktas, the Turkish club and player have confirmed. Since moving to Stamford Bridge from Newcastle United in January 2013, the Senegal international has scored 14 goals in 51 games for the Blues. The 29-year-old soon fell behind Fernando Torres and Samuel Eto’o in the pecking order, ...

A 3-day national protest by the Ghana National Union of Polytechnic Students (GNUPS) and the National Union of Ghana Students (NUGS) which was scheduled to begin from Wednesday has been re-scheduled for July 29. The postponement is as a result of a restraining order obtained by the police from an Accra Circuit Court. The Police ...

Germany and Arsenal superstar Mesut Ozil is to donate his £350,000 [$600,000] World Cup winnings to the children of Gaza following his country’s triumph in the global spectacle. As the conflict in the Middle East rages following a failed ceasefire, Ozil is set to give the £237,000 bonus he received for helping Germany win the ...

Ghana’s Gross Domestic Product (GDP) for 2013 grew by 7.1 percent against the target of 8.0 percent, Finance Minister, Seth Terpker has revealed. He also revealed that Ghana’s economy is beginning to show signs of recovery from the current challenges. He expressed optimism that the nation will rise again despite the challenging period is it ...

There is a chance the AIDS epidemic can brought under control by 2030, according to a report by the United Nations Aids agency. It said the number of new HIV infections and deaths from AIDS were both falling. However, it called for far more international effort as the “current pace cannot end the epidemic”. And ...

Government has revealed that it plans to review the fuel pricing structure and the method of assessing foreign exchange losses and subsidies to help reduce the overall fiscal deficit. Finance Minister, Seth Terkper said this when he presented the mid-year budget review to parliamentarians on Wednesday. ”The recent queues at the filling stations arising from ...

There is a chance the AIDS epidemic can brought under control by 2030, according to a report by the United Nations AIDS agency. It said the number of new HIV infections and deaths from AIDS were both falling. However, it called for far more international effort as the “current pace cannot end the epidemic”. And ...

Uruguay international Luis Suarez has officially completed his transfer to Barcelona from Liverpool. Although the striker arrived in the Catalan city on Tuesday to finalise the deal, he had to be ‘unveiled’ by Barca under the terms of his current ban. The 27-year-old is serving a four-month FIFA suspension from all football-related activity after biting ...

Juventus have appointed the former Milan coach Massimiliano Allegri as coach to replace Antonio Conte. Allegri has been hired on a salary of €2m (£1.6m) on a two-year deal as the club seek a fourth successive Serie A title. Juventus announced that he will be presented later Wednesday. Allegri joined Milan from Cagliari in the ...