Tag Archives: FINANCE

A former Finance Minister of Ghana, Professor Kwesi Botchwey has been reported dead, according to Accra-based Asaase Radio. According to the portal, the 78-year-old finance minister passed away on Saturday, November 19, 2022 at the Korle Bu Teaching Hospital where he was said to have been receiving medical care. Prof. …

Even before the fate of Ken Ofori-Atta is decided, intelligence picked up by The Chronicle Newspaper has suggested that some people are fiercely lobbying to replace him. This suggests that the agenda to force President Nana Addo Dankwa Akufo-Addo to sack Ofori-Atta is an orchestration by some who aspire to become Ghana’s …

The BBC has reported that Britain’s finance minister, Kwasi Kwarteng has been sacked from his current position. This follows a meeting Prime Minister Liz Truss at Downing Street on Friday, October 14, 2022, the report added. Prior to the confirmation by the BBC, suggestions were rife on social media, including …

A British Member of Parliament (MP) from the Labour Party, Rupa Huq, has been suspended by her party for alleged racist comments she made against British-born Ghanaian MP, Kwasi Kwarteng, who was recently appointed UK’s Chancellor of the Exchequer (Finance Minister). According to news.sky.com, the party suspended Rupa Huq for …

The Rt. Hon. Kwasi Kwarteng, MP has been appointed the first black Finance Minister in Britain, otherwise known as UK Chancellor of the Exchequer. The new role of the British-born Ghanaian was announced today, September 6, 2022, by the office of Britain’s new Prime Minister, Liz Truss. Until this fresh appointment, …

The Auditor General’s department has revealed various amounts owed by some ministries in its recent report. The report which cites infractions in many governmental institutions; ministries, departments and other agencies, was prepared under Section 11 of the Audit Service Act, 2000 (Act 584) for presentation to Parliament in accordance with Section …

The Auditor General’s report for 2021 captured three persons as having received in excess of GHC1.1 million as salaries on the books of the ministry of finance while their records as employees of the ministry could not be traced. In Ghana’s accountability history, this recurrent event by its notoriety has …

Stocks from three sectors – Mining, Finance and Technology – accounted for 94.5 percent of the market capitalisation of the Ghana Stock Exchange (GSE) at the close of the first half of the year, analysis by the B&FT has shown. Market capitalisation measures the total cedi market value of outstanding …

The Interior Minister, Ambrose Dery, has said attempts to increase inmates’ feeding fee to ¢5 have been delayed by the Finance Ministry. Addressing Parliament on the state of prisons in the country, he said the Finance Ministry’s approval has lingered despite all necessary steps taken to get the increment approved. …

Bernard Allotey-Jacobs, a social commentator, is calling for the Finance Ministry to be placed under Vice President Dr. Mahamudu Bawumia. Allotey believes the Vice President has become the cynosure of critique in the wake of the government’s decision to approach the International Monetary Fund for an economic rescue programme. He …