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Tag Archives: FAILED

BoG uncovers GH¢116m in untraceable assets from failed microfinance, S&L companies

A report by the Bank of Ghana (BoG) has found GH¢116 million in untraceable assets from failed microfinance and savings and loans in Ghana. The report states that 100 properties have been sent to the Economic and Organized Crime Office (EOCO) for investigation to determine their ownership status by the BoG through …

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Cedi depreciation shows mid-year budget review failed to win investor confidence – Mahama

Former President, John Dramani Mahama has said the continuous depreciation of Ghana’s cedi “in recent days, clearly shows that the mid-year review of the 2022 budget failed to win back the confidence of the investor community”. The cedi as of August 9 is selling at GH¢9.12 to the US Dollar. …

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Why I failed to enroll at GIJ – Adina explains

Ghana’s sensational singer and songwriter, Adina Thembi Ndamse, has opened up on other careers that piqued her interest while growing up besides music. According to her, she once nurtured the dream of becoming a broadcaster. In an interview on the August 7 edition of Springboard Your Virtual University with Albert Ocran, Adina as known …

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SAD VIDEO: My troubles in life emanates from my failed marriage with Obaapa Christy – Pastor Love

The former husband of gospel musician, Obaapa Christy has stated that he has wrongly been vilified for over a decade as a result of his failed marriage with the musician. According to Pastor Love Hammond, he has reason to believe that his ex-wife has a hand in some attempts aimed …

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Seeking IMF bailout means Akufo-Addo gov’t has failed – Kennedy Agyapong

Outspoken Member of Parliament for the Assin Central constituency, Kennedy Agyapong, has taken a dig at President Nana Addo Dankwa Akufo-Addo for seeking a bailout from the International Monetary Fund (IMF). Mr. Agyapong argued that only governments who have failed to live up to expectations seek support from the Britton …

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‘None of Ghana’s previous 17 IMF bailouts restored anything, they all failed’ – US economist

Professor of Economics at Johns Hopkins University in the USA, Steve Hanke, has again questioned government’s decision to enter an economic support programme with the International Monetary Fund. Last week, President Akufo-Addo defended the decision by stating that a possible bailout from the Bretton Woods institution will in the short-run repair …

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168 NPP members defect to NDC over failed promises

About 168 members of the ruling New Patriotic Party (NPP) at Asene Akroso Manso Constituency in the Eastern Region have defected to the opposition National Democratic Congress (NDC). The defected NPP members led by polling station executives such as Amoah Gyimah and Kofisco mounted a platform to express their disappointment in the government …

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I’m glad Amoako Baah now knows Akufo-Addo has failed – Arthur Kennedy

Dr Arthur Kobina Kennedy of the governing New Patriotic Party has said President Nana Akufo-Addo has failed and expressed happiness that one of his harshest critics, Dr Richard Amoako Baah, has now seen the failings of the president following his decision to go to the International Monetary Fund for a …

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I’m completely dissatisfied with this government, they have failed – Kwesi Pratt

Managing Editor of the Insight Newspaper, Kwesi Pratt Jnr, has stated that the current government has completely failed. According to him, despite being dissatisfied with the Nana Addo Dankwa Akufo-Addo-led government, it was important that only legal means are used to remove the government i.e. via the ballot box. The …

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Dominic Adiyiah, Daniel Opare, Freddy Adu and Africa’s failed wonderkids

Gael Kakuta Kakuta, who turned 31 on Tuesday, was dubbed the ‘Black Zidane’ when he moved to Chelsea from Racing Club de Lens in controversial circumstances in 2007. He was quickly taken under Didier Drogba’s wing as the Cote d’Ivoire legend’s protege, but made just six league appearances during six …

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