NEWS

Former president John Dramani Mahama said that the governor of the Bank of Ghana is concealing suspected central bank mismanagement by using the Domestic Debt Exchange Programme (DDEP). The Bank of Ghana (BoG) claimed that the government’s Domestic Debt Exchange Programme (DDEP) was responsible for GH53.1 billion out of the …

According to Mr. Alban Sumana Kingsford Bagbin, Speaker of the Parliament, chiefs must be permitted to take part in active party politics in the nation. In light of this, he has suggested that the constitutional clauses that forbade chiefs from actively engaging in politics be reviewed. He also stated that …

The “sharp jump” in operational costs has been attributed by the Bank of Ghana (BoG) primarily to the “sharp” depreciation of the Cedi versus the Dollar and the increase in inflation in the 2022 fiscal year. The Bank said that the two factors had an influence on its operating needs, …

As a result of her proclamation that she would support Hon. Alan Kwadwo Kyerematen, Madam Akua Afriyie, a member of the National Democratic Congress in Kumawu, has been fired. Despite being a member of the opposition National Democratic Congress, she has expressed her respect for the NPP presidential candidate. She …

Former District Chief Executive (DCE) for Sekyere Afram Plains, Joseph Gyamfi Owusu popularly known as (Odenkyem), has submitted his nomination forms at the office of the New Patriotic Party (NPP) to compete in the parliamentary primaries. Speaking to the party supporters after submitting the forms, the former DCE said his …

Musah Malik (Wustars), the recently elected chairman of Suame Magazine Zone 18, has urged the government and the ministry of trade to help the magazine’s artisans. The magazine will be more appealing to Ghanaians, according to the chairman, who stressed the need of a strong partnership based on mutual respect …

According to Dr. John Ampontuah Kumah, the Deputy Minister for Finance, the Bank of Ghana (BoG) is strong and resilient and has not collapsed. He has also refuted assertions made by the National Democratic Congress (NDC) that the government will soon enact a recapitalization fee as a result of the …

Ashanti Regional Communications Director of the New Patriotic Party Dennis Kwakwa has disclosed that he will be resigning from his position as the communications director soon. He said this as he has the ambition of vying for Member of Parliament (MP) for Mampong Constituency in the upcoming NPP primaries. Speaking …

For the third consecutive month, Ghana’s inflation rate increased, rising to a new high of 43.1% in July from the previous figure of 42.5%. On Wednesday, August 9, 2023, government statistician Prof. Samuel Kobina Annim released the most recent data. Food costs increased significantly, reaching 55.0%, while inflation for non-food …

The Ghana Revenue Authority’s order to apply a 10% withholding tax to all prizes has drawn the ire of the Concerned Betters of Ghana. The implementation process will begin on August 15, 2023. All gross gaming profits will be subject to a 10% withholding tax. The existing 15% Value Added …