The Bank of Ghana last year spent more than GH¢153 million to print the country’s legal tender, the cedi. The amount spent includes the actual cost of printing the legal tender, fees paid to the agency that supervised the printing process as well as what the central bank describes as other currency expenses. According to […] The post BoG spent GH¢153 million
Freelance journalist, Manasseh Azure Awuni says he was surprised the rot in Ghana’s procurement sector went all the way to the top. Mr. Awuni, formerly of Multimedia’s Joy News, released an exposé of the procurement sector raising serious corruption and conflict of interest questions against Chief Executive Officer of the Public Procurement Authority (PPA), Adjenim […] The post I
Since the coming into office of the Akufo-Addo-led Administration, we have witnessed certain developments that have shaken the very foundations of people’s confidence and trust in the whole financial system. Actions aimed squarely at the indigenous and home-grown banking sector have ushered in a new age of financial exclusion for the already squeezed Ghanaian. Among […] The post Mahama’s
Since the coming into office of the Akufo-Addo-led Administration, we have witnessed certain developments that have shaken the very foundations of people’s confidence and trust in the whole financial system. Actions aimed squarely at the indigenous and home-grown banking sector have ushered in a new age of financial exclusion for the already squeezed Ghanaian. Among […] The post Mahama’s
Two persons have reportedly drowned in the Nabdam District of the Upper East Region. The two were among a party of three who tried crossing a flooded Kulabil bridge between Pelungu and Sakoti using a tricycle after a downpour. A rescue team from the Nabdam National Disaster and Management Organization (NADMO) retrieved all the three […] The post Two drown at Nabdam after
Police in the Ashanti Region have mounted a search for one Nana Asamoah, a goldsmith believed to be behind the shooting of his colleague after a misunderstanding ensued between the two at Dr. Mensah, a suburb of Kumasi last night. The suspect fired three shots injuring the victim identified as Nana Brentuo. Speaking to Citi […] The post Kumasi: Police on manhunt
The St. John Hospital and Fertility Center at Osu has donated an ambulance to the Ghana Prisons Service as part of their Corporate Social Responsibility. On Wednesday, a team from the hospital under the leadership of its Acting Chief Executive Officer (CEO), Maame Yaa Antwi came to the aid of the Service to reduce the […] The post St. John Hospital donates ambulance
Regular water supply is expected to return to Ho “latest by Monday [August 26],” the Chief Executive Officer of the Ghana Water Company Limited, Dr. Clifford Braimah has said. Ho has been battling with an acute water shortage this past week after the pillars holding the 20-inch diameter pipe at Bame in the Ho West […] The post Ho water crisis to end by Monday – GWCL
The Deputy Minister of Tourism, Arts and Culture, Dr Zilbim Iddi has assured stakeholders of the film industry that plans are far advanced with getting the National Film Authority inaugurated. Speaking at the opening of this year’s Black Star International Film Festival at Alliance Francaise in Accra, he said what had delayed the inauguration was […] The post Film
Former President, John Dramani Mahama has called on the current administration to curb what he calls a “predatory bailout assault on the remaining banks” in the country through the Ghana Amalgamated Trust (GAT). The GAT which is made up of some private pension funds in the country, has been put in place to support five […] The post Unveil beneficial
Bookmaking giants and major sponsors of Ashantigold, Betway, have sent well wishes to the club, backing the Miners to beat Equato Guinean side Akonangui FC, in the second leg of the their CAF Confederation Cup preliminary round qualifier. Ashgold host the return leg at the Len Clay Stadium in Obuasi on Saturday, and are odds […] The post CAFCC: Betway backs Ashantigold to
The Securities and Exchange Commission (SEC) has cautioned investors against panic withdrawals, following the recent reforms in the financial sector. “We are aware of some level of anxiety among a section of investors because of the recent reforms taking place within the financial system. We wish to reiterate that the objective is to produce sound […] The post No need for panic
Former President, John Dramani Mahama says the Bank of Ghana’s crackdown in the financial sector is a “national security threat.” The Bank of Ghana has since August 2017 closed down 420 financial institutions in the country. Interacting with Ghanaians on social media on Thursday, Mahama said about 20,000 direct jobs have been lost because of […] The post Shutdown
The Tamale District Court has for the second time declined bail request for the six suspects currently in police custody in connection with the murder of a police officer, Corporal Agatha Nana Nabin The six including one Issahaku Yakubu who was receiving treatment at the Tamale Teaching Hospital after sustaining gunshot wounds in the course […] The post Tamale: Court
The Office of the Special Prosecutor has invited the suspended Chief Executive Officer of the Public Procurement Authority (PPA), Adjenim Boateng Adjei for questioning as investigations into corruption allegations made against him begins. Mr. Adjei, alongside the shareholders and directors of companies allegedly linked to him, Talent Discovery Limited and B-Molie Enterprise, are to report […] The post Special
In order to understand its operations and the emerging taxation issues, the Ghana Revenue Authority (GRA) has organised a two-day training workshop for the members of Private Newspaper Publishers Association of Ghana (PRINPAG) including journalists to enable them to give accurate reportage. The workshop highlighted areas of the GRA’s operations such as the Significance of […] The post GRA
Agents of the various parliamentary aspirants will not be allowed to carry phones near booths at the centres during the National Democratic Congress (NDC) primaries on Saturday, August 24, 2019. The voters will also not be allowed to carry phones when going to vote. The centres are also supposed to be campaign free zones, the […] The post No phones near voting
Some residents of Elmina in the Komenda Edina Eguafo Abirem (KEEA) Municipality in the Central Region have given government a three-week ultimatum to pay back monies owed Dr. Papa Kwesi Nduom or face their wrath. Speaking to Citi News after a press conference held in the area, John Quansah, leader of the group said: “We […] The post Refund Nduom’s
In the wee hours of August 3, news on the Takoradi girls who have been missing to close to a year now spread across social media and the crawls of TV screens. The breaking news was that suspected decomposing remains of the three girls (now four) kidnapped were found at the backyard of a Nigerian […] The post Ghana is no longer safe and the police
A Zimbabwean comedian has been found after being abducted and beaten by masked gunmen in the capital Harare, her relatives and colleagues say. Samantha Kureya, known by her stage name “Gonyeti”, has been critical of the police and government in her skits. She was taken from her home, beaten and forced to drink sewage before […] The post Zimbabwean comedian ‘abducted
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