Food prices in the major and satellite markets in the Kumasi Metropolis, have generally remained stable over the past few weeks, despite the recent increases in lorry fares across the country. A market survey conducted by the Ghana News Agency in Kumasi has indicated that prices of most vegetables and …
Read More »It’s senseless spending GH¢22 billion to pay depositors – John Mahama
Former President John Mahama has criticized the way and manner the Akufo-Addo administration handled the banking crisis. He said the government could have spent GH¢9 billion to save the banks rather than allowing them to collapse and to pay deposits of customers to the tune of GH¢22 billion. In 2017, …
Read More »No roads, no electricity to show for govts extreme borrowing – Mahama claims
Former President, John Mahama has said the Akufo-Addo administration has borrowed more than any other government since independence yet with no corresponding projects. He said the government would have been pardoned for what he described as excessive borrowing if there were development projects to show for. In his view, the …
Read More »Increasing debt levels worrying – IFS
Government’s policy to reduce the Communications Service Tax (CST) to 5 percent, provide free water for another three months, and pay the electricity bills of lifeline consumers and other fiscal populist strategies should be scrapped as the economy cannot raise enough revenue to support it, hence, increasing debt levels, the …
Read More »Elections 2020: God said I should deliver a message to Mahama – Obinim speaks
Bishop Daniel Obinim, who is popularly known as angel Obinim has resurfaced with his message to the former President John Dramani Mahama. Speaking on his personal OB Television, the CEO of international God’s way church shared his vision for John Dramani Mahama ahead of the Presidential and Parliamentary elections slated …
Read More »ECOWAS Bank Injects Over $300million Into Ghana’s Economy
ECOWAS Bank for Investment and Development says it has invested over $300-million into Ghana’s economy. Areas of investment, the bank said to include, Energy, Trade, Technology, Tourism, and hospitality industry.Dr. George Nana Agyekum Donkor, the President of the Bank, made this known when he and other staff of the bank …
Read More »Our strengthened supervisory role led to closure of 420 banks, financial institutions – BoG
The Bank of Ghana (BoG) has said it has continued to strengthen its regulatory effectiveness to help achieve its financial stability objective. In a statement to mark the 63rd anniversary of the central bank, the BoG noted that the scale-up of the supervisory role has been seen in the closure of 420 …
Read More »GRA denies ‘misleading reports’ about 45% shortfall in revenue target
The Ghana Revenue Authority (GRA) has said media reports that the Tema Collection of the Customs Division has failed to meet its revenue target by 45% are false and misleading. According to the GRA, the malicious reports sought to blame the deployment of the Integrated Customs Management System (ICUMS) at …
Read More »Full Text: Seventh edition of EC’s ‘Let the Citizen Know’ press series
ELECTORAL COMMISSION PRESS BRIEFING “LET THE CITIZEN KNOW” ON 3RD AUGUST, 2020 PRESENTED BY THE DEPUTY CHAIRMAN, CORPORATE SERVICES Good morning ladies and gentlemen of the Press. The Commission wishes to express its sincere gratitude for your presence in our quest to communicate with the good citizens of Ghana. This …
Read More »Didier Drogba submits candidacy for Ivorian FA presidency
Former Chelsea striker Didier Drogba has formally submitted his candidacy to become the next president of the Ivory Coast Football Federation (FIF). Drogba drew thousands of supporters outside the federation’s offices where he submitted his candidacy on Sunday. The elections are due to be held next month. He is among …
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