The Finance Minister, Ken Ofori-Atta, has emphasized that the primary objective of the Bank of Ghana, like all central banks, is not to generate profit. In an article titled “Standing Strong With The Bank of Ghana,” he addressed the importance of managing the central bank as a financially sustainable institution, rather than focusing solely on […] The post Attack
Nigeria has been hit by widespread power cuts following a “total system collapse”, electricity distribution companies say. Levels of power being generated fell to zero megawatts early on Thursday. Some supplies have been restored but only a tiny fraction of normal consumption in Africa’s most populous country. Power supplies are often erratic in Nigeria, despite […] The post Nigeria
The governing New Patriotic Party (NPP) has said that cocoa farmers have enjoyed the most juicy pricing and offers under its administration. Addressing journalists in Accra, NPP Director of Communications Richard Ahiagbah said that the recent announcement of a 68 percent increase in producer price is a clear indication that the government has cocoa farmers […] The post NPP’s
The Eastern Regional Security Council (REGSEC) has warned residents of Nsawam Adoagyiri and its environs to respect and adhere stringently to the Public Order Act in order to avoid the wrath of the state. This follows a shooting incident in August at Nsawam Adoagyiri which resulted in the death of three persons and led to […] The post REGSEC warns residents
Emma Coronel, the wife of jailed Mexican drug lord Joaquín “El Chapo” Guzmán, has been released from jail in the US. She pleaded guilty to drug trafficking charges and was sentenced to three years in jail in November 2021, a sentence which was later reduced. The Federal Bureau of Prisons confirmed her release. It is […] The post Emma Coronel: El Chapo Guzmán’s
Member of Parliament for Effutu Constituency, Alexander Afenyo Markin, has committed an amount of one million cedis to support Mumbies Foundation, a non-governmental organization, to fight hepatitis B in the enclave. Afenyo Markin made the commitment at a town hall meeting, where he said that the hepatitis B virus is on the ascendency in the […] The post Afenyo Markin
The Finance Minister, Ken Ofori-Atta, has called on all Ghanaians to rally and provide the Bank of Ghana with the needed support in the ongoing construction of its new head office. In an article titled “Citizens – Standing Strong with the Bank of Ghana,” Ofori-Atta urged the public to cease the uproar and opposition against […] The post Let’s
The recent coup in Niger has led to disruptions in the onion supply chain, particularly affecting Ghana, a major importer of onions from Niger. According to the Ministry of Food and Agriculture, about 80 percent of the onions consumed in Ghana are imported, largely from Niger and Burkina Faso. Forty-three percent of this import is […] The post Addressing
The recent coup in Niger has led to disruptions in the onion supply chain, particularly affecting Ghana, a major importer of onions from Niger. According to the Ministry of Food and Agriculture, about 80 percent of the onions consumed in Ghana are imported, largely from Niger and Burkina Faso. Forty-three percent of this import is […] The post Addressing
The Alisa Hotel in Accra was packed to capacity on Monday, September 11, 2023, for the star-studded book launch of Apiorkor’s latest novel “When the person who is called Covid Came”. The event was buzzing with excitement as guests eagerly awaited the arrival of star performer Abiana. Known in real life as Eldah Naa Abiana […] The post Abiana stuns
Ghanaian-born, UK-based reggae artist Burning Stone has made waves once again with the release of his latest EP, “Exodus,” The EP features legendary Highlife Musician K. K. Fosu and Nigerian comedian-musician Klint Da Drunk. “Exodus”, an eight-track masterpiece, delves into themes of unity, peace, and change, bringing people together through the soothing sounds of reggae. […] The post Afrocentric
The Presidential Advisor on Health, Dr Anthony Nsiah Asare, has described the government’s Agenda 111 project as one of the most unprecedented health infrastructure projects in the world. The monumental initiative, inaugurated by President Nana Addo Dankwa Akufo-Addo on August 17, 2021, aims to construct a total of 111 hospitals throughout the country. Speaking during […] The post Agenda
The Deputy General Secretary of the National Democratic Congress (NDC), Mustapha Gbande, has alleged that the Member of Parliament for the Bimbilla Constituency, Dominic Nitiwul, has been enticing some Ghanaians with money to induce them to enrol on the voter register. Gbande made the allegation on Eyewitness News on Citi FM on Tuesday, September 12, […] The post Voter
There is an anonymous quote that says “banks are to the economy what the heart is to the human body. They cycle necessary capital through the whole and they are barely noticed until pressure, necessity, or crises.” In much the same way, our Central Bank these past almost seven years has been prudent, strong, resilient […] The post Ken Ofori-Atta writes:
The Western Regional Head of the Environmental Protection Agency (EPA), George Diawuo, has been transferred from the region days after the Anto-Aboso explosion that killed five people and left three others unaccounted for. Diawuo had told Citi News moments after the explosion that the quarry operator was registered with the EPA to operate, but this […] The post Anto-Abosso
The Effutu Municipality in the Central Region has recorded some alarming figures for the Hepatitis B virus (HBV). According to the Member of Parliament for the area, Alexander Afenyo Markin, 2106 individuals were screened for the virus, of which 405 tested positive. This includes 68 pregnant women, 148 children, and 189 youth. Afenyo Markin made […] The post Effutu: 405
The Minority in Parliament is demanding the immediate resignation of the Chief Executive Officer of the Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo. The Minority says Aidoo has mismanaged the cocoa sector and has worsened the plight of cocoa farmers. They argue that he is no longer fit to occupy the position of CEO. Speaking […] The post Minority demands resignation
Dr Gideon Boako, Spokesperson for Vice President Dr Mahamudu Bawumia, has said that his boss’ position on the ballot paper for the November 4 primaries of the New Patriotic Party (NPP) does not matter. Dr Boako said what mattered was the voters’ ability to identify the image of Dr Bawumi on the ballot paper and […] The post NPP presidential
United Bank for Africa (UBA) Ghana has been named as the Best SME Bank 2023 by the Ghana Credit Excellence Awards. The Awards aim to recognize and celebrate the top-performing banks, non-bank financial institutions, and individuals across various categories within Ghana’s banking and non-banking financial industry. Chris Ofikulu, the Managing Director of UBA Ghana and […] The post UBA
The government has opened fresh invitations to E.S.L.A. Plc and Daakye Trust Plc bondholders to trade their holdings for a new package under the domestic debt exchange programme. A September 13, press release from the Ministry of Finance urged holders of the domestic notes and bonds to actively and voluntarily accept the invitation and participate. […] The post Govt announces
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