The High Court has upheld the decision by the National Executive Committee (NEC) of the People’s National Convention (PNC) to indefinitely suspend its General Secretary, Janet Nabla. The suspension was enforced on August 28, 2021, due to allegations of gross misconduct, insubordination, and incompetence. Nabla had previously rejected the decision following the recommendations of the […] The post Court

The Bank of Ghana (BoG) has reaffirmed its support for the government’s Gold4Oil policy, asserting its importance for the nation despite its limitations. BoG Governor, Dr. Ernest Addison, appearing before the Public Accounts Committee (PAC) on Monday, April 8, elucidated the crucial role the policy played during the economic crisis. Dr. Addison highlighted the benefits […] The post Gold4Oil

The Ghana Mineworkers’ Union of the Trades Union Congress, has announced plans to stage a five-day protest at the Ministry of Lands and Natural Resources and the Jubilee House beginning on Monday, April 15, 2024. Their stance is to pressure the government into revoking the mining lease of Future Global Resources Limited, operators of the […] The post Mine

The Alliance for Social Equity and Public Accountability (ASEPA) has called on the Tema Oil Refinery (TOR) and the Sentuo Oil Refinery to make public the specifics of their relationship. This request comes in the wake of the alleged sale of TOR to Sentuo Oil Refinery. On Monday, April 8, ASEPA’s Executive Director, Mensah Thompson, […] The post ASEPA demands clarity

Authorities at the SOS Children’s Village Ghana have appealed to corporate bodies and benevolent individuals to support the institution in achieving its goal of taking care of vulnerable children in society. The child welfare organization which started its operations in Ghana Fifty (50) years ago takes care of children who have completely lost parents or […] The post SOS

Award-winning Ghanaian gospel singer Joseph Matthew has claimed to be the originator of Afro-Gospel music. Afro-Gospel is a vibrant blend of African rhythms and instrumentation with Christian themes. Speaking in an exclusive interview with GhanaWeekend, Joseph Matthew said,” I’m the originator of Afro-gospel music…Afro-Gospel genre never existed… When I released my first song ”Nyame Ye”  […] The post I’m

The Concerned Drivers Association of Ghana and the Transport Operators of Ghana have jointly announced an increase in transport fares, effective Saturday, April 13, 2024, in response to the recent surge in petroleum prices. In a statement issued on Monday, April 8, 2024, they outlined the following adjustments: a 15% increase for short-distance or intracity […] The post Two

The Bank of Ghana has urged the public to volunteer information on suspected cases of money laundering and unexplained wealth. This is to combat financial crimes, sanitize the industry and uphold the integrity of the country’s financial system. The Central Bank stressed collaborative efforts in identifying and addressing illicit financial activities that pose a threat […] The post Volunteer

Minister of Parliamentary Affairs, Osei Kyei-Mensah-Bonsu, has revealed that resigning from his position as Majority Leader was the best decision he ever made. The Suame MP stated that his primary motivation was to prevent disunity within the Majority front in Parliament. Speaking to journalists in Kumasi for the first time since his resignation in February, […] The post Resigning

The Kumasi Central Market Traders and Second Hand Clothes Union have threatened a five-day demonstration concerning the abandoned Kumasi market project. In a statement released on Monday, April 8, 2024, the Union expressed profound disappointment at the government’s project management. According to the union, the government had assured completion of the project to facilitate the […] The post Kumasi

The National Association of Institutional Suppliers has suspended their demonstration, which began early Monday morning. The suspension comes after a meeting with the Minister for Education, Dr Yaw Adutwum. The Association had initiated a two-day protest over unpaid monies owed to them by the Government at the Ministry of Education (MoE). They expressed disappointment as […] The post Institutional

Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei have admonished the government to cut its expenditure by 30 per cent to effectively combat inflationary pressures. The two in a report titled, ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ raised several concerns including the government’s approach of “relying […] The post Cut

Environmental scientist Professor Chris Gordon has issued a stark warning, predicting that 2024 will be hotter than preceding years as temperatures continue their upward trend in Ghana. Highlighting the concerning pattern of escalating temperatures both globally and nationally, Professor Gordon expressed his apprehension, particularly in light of the ongoing power outages plaguing Ghanaian communities. During […] The post 2024

Credit to the private sector by banks will continue to squeeze due to the Bank of Ghana’s high Credit Reserve Ratios (CRR). This is one of the key findings and conclusion of a research paper by banking consultant, Dr. Richmond Atuahene and data and research analyst, Isaac Kofi Agyei. The report titled ‘Thirsty Banks: Ghana’s […] The post BoG’s

A report co-authored by Dr Richmond Atuahene and Isaac Kofi Agyei, has urged the Bank of Ghana and commercial banks to make drastic efforts to reduce the current Non-Performing Loan (NPL) ratio from 24% to around 10% to fortify the banking sector’s resilience. The report, ‘Thirsty Banks: 2023 Ghana’s Dilemma with High Cash Reserve Ratios’ […] The post Reduce

Men in Ecuador supposedly have the biggest penises in the world — while men in Cambodia purportedly have the smallest. That is according to figures crunched into an interactive map by MailOnline. Ecuadorian men have an average erect length of nearly 7 inches (17.6cm), the data says. At the other end of the scale, Cambodian […] The post Average

A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the new Cash Reserve Ratio by the Bank of Ghana. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the […] The post Many

A fiscal report authored by Banking Consultant Dr Richmond Atuahene and Data and Research Analyst Isaac Kofi Agyei has painted a grim picture of Ghana’s banking sector, attributing it to the excessive subscription of government bonds. Titled ‘Thirsty Banks: Ghana’s 2023 Challenge with High Cash Reserve Ratios,’ the report highlights the prolonged maturity period of […] The post Many

The Head of Retail Banking at FBNBank has stated the bank’s position on youth empowerment by declaring that “in addition to other life skills, young people need safe money management skills to survive the challenges of adulthood.” Mr. Quaye was speaking at a financial seminar organised by FBNBank on Thursday, March 28, 2024, at the […] The post Young people need

Robert Nii Arday Clegg, the Senior Partner at Clegg & Prempeh, a law firm in Accra-Ghana, served as a panellist at Harvard University during the Spring Reunion 2024 of Harvard Law School. The event took place from 5-6 April 2024. The Class of 2014 Symposium was on the topic, “Pathways and Pivots: Reflections on the […] The post Nii Arday Clegg speaks at Harvard appeared first on