Dr Kofi Wampah, BoG Boss Ghana’s total public debt is now at Gh¢56 billion, Governor of the Bank of Ghana, Dr. Kofi Wampah has announced. The country’s public debt saw a leap from Gh¢51.6 billion in December to hit almost Gh¢56 billion as of February 2014, the Governor told journalists Wednesday. Some experts are fret […]

Andrew Awuni The Minority in Ghana’s Parliament says it has uncovered “damning” rot in connection with the sale of Merchant Bank to Fortiz Private Equity Fund. Ninety percent of the Bank was sold to Fortiz for US$90 million. Anti-graft campaigner and Executive Director of the Centre for Freedom and Accuracy, Andrew Awuni and the main […]

Lamido Sanusi was named central bank governor of the year for 2010 A Nigerian court has awarded about $300,000 (£180,000) in damages to suspended central bank chief Lamido Sanusi after he filed a harassment case against the government. The court also ordered that Mr Sanusi be given back his passport, and he should not be […]

Kwabena Agyapong An aspiring General Secretary of the New Patriotic Party, Kwabena Adjei Agyapong says he is disappointed by the campaign strategy of incumbent General Secretary of the party Kwadwo Owusu Afriyie-popularly known  as Sir John. Mr. Owusu Afriyie in a leaked tape is alleged to have made disparaging remarks about his fellow competitors including […]

Andrew Awuni The Minority in Ghana’s Parliament says it has uncovered “damning” rot in connection with the sale of Merchant Bank to Fortiz Private Equity Fund. Ninety percent of the Bank was sold to Fortiz for US$90 million. Anti-graft campaigner and Executive Director of the Centre for Freedom and Accuracy, Andrew Awuni and the main […]

Marietta Brew Appiah-Oppong Government has denied reports that the International Court of Arbitration has ordered it to pay a 12 million dollar judgment debt to Balkan Energy Company (BEC). Addressing the media in Accra  the Attorney-General, Marietta Brew Appiah-Oppong said the New Crusading Guide report is false. ”I wish to confirm that on the 1st of […]

Martin Korsah All is set for the National Delegates’ Congress of the New Patriotic Party (NPP), as the necessary structures have been put in place in line with the party’s constitution. However, some disgruntled supporters of the opposition NPP yesterday besieged the party’s Asylum Down headquarters protesting against the provision made for ‘proxy votes’ in […]

Ebo Barton Oduro The First Deputy Speaker of Parliament for the first time broke parliamentary protocol on Tuesday when he vacated the Speaker’s seat for a while after defying the Minority’s insistence to defer the approval of a commercial agreement that will authorise the government to access a 27.8 million Euro loan for the supply […]

Kirk Koffie The current energy crisis is not going to end anytime soon, the Volta River Authority (VRA) has noted. According to the authority, the energy crisis could continue until 2016 or 2017. At a business luncheon organised by the Association of Ghana Industries (AGI) yesterday in Accra to discuss the power situation and its […]

Nana Ampim Darko being carried shoulder-high A Cape Coast High Court, presided over by Justice Akwesi Depaah, on Tuesday sentenced a sub-chief at Dunkwa Diaso, Nana Ampim Darko and his Ebusuapanyin, Amgo Mensah, to 21 days imprisonment with hard labour at Ankaful in Cape Coast, for contempt. Justice Depaah, in his ruling, said an injunction […]

President John Mahama Ghanaians have been served another unsolicited opportunity to assess the government at the highest level. Not too long ago President Mahama, palpably shaken by Dr. Mahamudu Bawumia’s situation report on the economy, especially his opposition to the continuous collection of loans because of its negative impact, dismissed the gratis advice with a […]

Dr. Mark Ankrah The Managing Director of State Housing Company (SHC) Dr. Mark Ankrah, is in hot waters following his supervision of the sale of the corporation’s guest house to a member of the Board of Directors. The move has incensed the Minister of Water Resources, Works and Housing, Alhaji Collins Dauda, and has ordered […]

Gyedu Blay Ambolley Based on his outstanding performance on the Ghanaian music scene, highlife cum afro pop musician Gyedu Blay Ambolley and his Sekunde Band have been invited to participate and perform at this year’s edition of Festival of Urban Music of Anoumabo (FEMUA) as a special guest on Friday, April 4 in Abidjan, Ivory […]

Ricky Anokye The Chief Executive Officer of the newly established Capital TV, Ricky Anokye, yesterday disclosed that the station is poised to provide a 24/7 line-up of well-produced family entertainment dedicated to delivering informative and entertaining programming to television viewers. According to him, Capital TV, a channel on Multi TV is committed to creating and […]

Johnson Asamoah Boadi Johnson Asamoah Boadi, Managing Director of Golden Pride Savings & Loans Limited, has called on players in Ghana’s financial sector to develop specific products and services that meet the needs of Small and Medium-scale Enterprises (SMEs). It is not enough to talk about SMEs as a major pillar to accelerate economic growth […]

Dr. Kofi Wampah, Governor of Bank of Ghana Interest rates generally moved up on the money markets between December 2013 and February 2014. The 91-day instrument increased to 23.5 percent from 19.2 percent. Similarly, the 182-day increased to 21.2 percent from 18.7 percent. The 1-year note rate also rose to 22.5 percent from 17 percent, […]

Dr. Tony Aubynn President John Dramani Mahama has appointed Dr. Toni Aubynn as the new Chief Executive Officer (CEO) of the Ghana Minerals Commission. Dr Aubynn is to assist the Government’s drive to harmonize views among all key stakeholders as major input in the new direction the Government seeks to forge for the local mining […]

Seth Terkper, Finance Minister Provisional data for January and February on the execution of the 2014 budget as revealed by the Bank of Ghana (BoG) showed that while total revenue and grants to Government stood at GH¢2.4 billion, representing 2.3 percent of GDP, its spending, including arrears clearance, amounted to 4.1 percent of GDP, approximately […]

Members of the association in a photograph with Rashid Pelpuo(middle) National Executives of the Association of Sand Winners, Stone Workers and Tipper Users (NASWOTTU) have met the Minister In-Charge of Public Private Partnership, Rashid Pelpuo to discuss the way forward for indigenous operators who are engaged in sand and stone winning. The association, which boasts […]