The Mayor of Accra, Michael Kpakpo Allotey, has commended Metropolitan Security Council (METSEC) and emergency agencies in the city for what he described as strong performance in fire safety and general security as festive operations continue across the capital. The Mayor commended the security agencies on Christmas Eve during a meeting as part of ongoing […]
The Interior Minister, Alhaji Mohammed Muntaka-Mubaraak, has told the public, especially those in possession of illegal arms, to surrender them to the nearest police under the Gun Amnesty Programme. He said failure to do so by January 15th deadline will lead to arrest and prosecution. The primary objective of the Gun Amnesty initiative is to […]
CEO of GoldBod, Sammy Gyamfi, has said that the Ghana Gold Board has made no losses; rather, GoldBod has made a significant profit, surplus under its gold trading programs in the year 2025. Sammy Gyamfi made the point that while the Ghana Gold Board values and appreciates feedback and constructive criticism, it is important to […]
A Civil Society activist, Dr Steve Manteaw, has said that reports that the Bank of Ghana (BoG) made losses of US$214 million in its domestic gold purchase programme are skewed. He explained that the reports deliberately failed to take into account the net benefit of the domestic gold purchase programme through which these monies were […]
A technical advisor at the Finance Ministry, Dr Thoe Acheampong, has said that overall, the International Monetary Fund (IMF) signals support for retaining the stabilisation benefits of domestic gold purchases. He states that recommended reforms to aspects of the Domestic Gold Purchase Programme (DGPP) operations to minimise losses and ensure long-term macroeconomic and institutional sustainability […]
A technical advisor at the Finance Ministry, Dr Theo Acheampong, has said that minor extensions are common in the International Monetary Fund (IMF) programmes worldwide and that there is ???????????????????????????? ???????????????????????????????? about this. The Fund is proposing a three-month extension of Ghana’s Extended Credit Facility (ECF) programme. According to the IMF, the extension is needed […]
The Western North Regional Police Command has arrested two suspects in connection with the conspiracy and theft of food items meant for students of the Sefwi Bekwai STEM Senior High School at Awaso in the Western North Region. The suspects, identified as Bennedicta Nyamadi, a matron, and Rahel Kyeremateng, a cook, were arrested on 23 […]
A Development Economist, Dr Frank Bannor, has said that the Bank of Ghana (BoG) and the GoldBod owe Ghanaians an explanation on the $214 million losses. Dr Bannor stated that this money could have been used to employ the over 150,000 health workers sitting at home, and also be used to pay the one-year salaries […]
The Bank of Ghana (BoG) has said that reports that it made losses due to GoldBod operations are speculative. The IMF had flagged the reported losses as a potential downside risk to Ghana’s broader macroeconomic stabilisation efforts, attributing them to transactions involving artisanal and small-scale mining (ASM) dore gold, as well as what it described […]
The Bank of Ghana (BoG) has said that although the International Monetary Fund (IMF) review flagged financial risks associated with the Domestic Gold Purchase Programme(DGPP), it is important to place these concerns within the broader context of the programme’s significant macroeconomic contribution. The central bank said in a statement that the DGPP is a policy […]
The Deputy Minister for Finance, Thomas Nyarko Ampem, has commended the Board, Management and Staff of the Agricultural Development Bank (ADB) PLC for turning around the fortunes of the bank and recording historic growth and performance. He made the remarks when he opened the 6th Quadrennial Delegates Conference of the ADB Local Union of the […]
Ministry of Finance and Afreximbank have successfully resolved issues surrounding a US$750 million facility signed in 2022, reaffirming their partnership to support Ghana’s development agenda.
The Member of Parliament for Madina, Francis-Xavier Sosu, in collaboration with the Municipal Chief Executive (MCE), Ibrahim Faila, has cut sod for the construction of an 18-unit classroom block for Pantang Basic Schools A and B. The project, sited on land near the Pantang Hospital, is expected to significantly enhance teaching and learning, while addressing […]
For parents, the operationalization of the 120-bed Weija Paediatric Hospital meant to provide specialized care for children will go a long way in improving children’s welfare. Meanwhile, although the World Bank has withheld a US$3.8 million intended for a component of the medical equipment for the Hospital, the Ministry of Health says it will soon […]
The Minister for Gender, Children and Social Protection, Agnes Naa Momo Lartey, has urged victims of abuse especially young men to speak up to help authorities pursue justice. Her call follows TV3’s documentary, “When Boys Cry,” which highlights cases of sexual abuse involving men and boys and the lasting impact on survivors. The Minister reiterated […]
In a bid to promote economic empowerment at the grassroots, the Member of Parliament for Krowor, Agnes Naa Momo Lartey, has extended financial and logistical support to more than 400 beneficiaries in the constituency. The support, which forms the third batch of the MP’s quarterly business assistance programme, was tailored to meet the specific needs […]
Western Regional Minister Joseph Nelson has called for a permanent and strengthened presence of the Minerals Commission within the Nzema East Municipality. This he believes will enhance their oversight and ensure regulated mining activities across the three Nzema municipalities and neighboring areas. His appeal comes in the wake of an anti-illegal mining operation conducted along […]
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