The Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has justified the GHS10.5 billion losses it incurred in 2023. He explained that the loss was similar to experiences of some central banks across the globe, which resulted from the cost incurred in delivering on their primary mandate of price stability. This is contained […] The post Full Report: Bank of Ghana’s 2023 Annual Report first
The presidential candidate of the National Democratic Congress (NDC), John Mahama, has urged officials of the Electoral Commission (EC) to stop working in the interest of the New Patriotic Party. Mr Mahama said he expects them to work in accordance with the law that set them up “I challenge the EC leadership to live up […] The post Voter transfer exercise: Stop working
The Minority Leader in Parliament, Dr. Cassiel Ato Forson, has alleged that the Bank of Ghana (BoG) is currently constructing a new multi-million dollar building for its Governor. This new structure is being built at the site where the Bank of Ghana Clinic previously stood at Ridge in Accra. In a post on X on […] The post BoG is building multi-million-dollar residence
The Ministry of Education has described claims made in a recent report by The Fourth Estate Media regarding the Wi-Fi for Schools Programme as inaccurate. According to the Ministry, the report, which suggests a failure in service delivery and misuse of public funds, does not represent the facts. This is contained in a press release […] The post Ministry of Education denies
Patients on dialysis are to undergo sessions free of charge for the next six months under the National Health Insurance Scheme (NHIS) Free Dialysis Program effective June 1, 2024. The initiative, which will cost government GHC4.4 million according to the National Health Insurance Authority, seeks to bring some relief to the patients. A statement from […] The post Patients on dialysis
Unionized staff of the Intercity State Transport Company are insisting that they will not allow the appointment of any person as Deputy Managing Director in charge of Operations. They contend that what the company needs now are new buses to augment the dwindling fleet. This follows a petition to the Chairman of the Board by […] The post Staff of STC kick against appointment of Deputy
Coalition of Domestic Elections Observers (CODEO) has called on the Peace Council to immediately intervene in the standoff and tension brewing between political parties, specifically the National Democratic Congress (NDC) and the Electoral Commission (EC), in the vote transfer exercise. The National Co-ordinator of CODEO, Albert Arhin’s call follows the NDC’s opposition to the EC’s […] The post Vote
Former Fenerbahce midfielder Stephen Appiah has expressed his belief that Jose Mourinho’s arrival at the club will have a significant impact on the Turkish Super League. Appiah, who won two trophies including the Turkish league during his time at Fenerbahce, conveyed his excitement about Mourinho’s move to Turkey, emphasising the Portuguese manager’s character and coaching […] The post Mourinho’s
Real Madrid have announced the signing of Kylian Mbappe on a free transfer from Paris Saint-Germain, bringing an end to the prolonged speculation surrounding the French international’s future. Mbappe’s move to Real Madrid has been a subject of intense speculation for several years, with rumours swirling during the previous two transfer windows. Despite previous commitments […] The post Real
After taking a break from his career, Nigerian singer Patoranking has announced he’s graduated from from Harvard Business School. The post Patoranking graduates from Harvard Business School first appeared on 3News.
The Founder and Leader of Movement for Change, Alan Kyerematen, has observed that the depreciation of the Ghana cedi is due to systemic failures and a lack of confidence in the Ghanaian economy. According to the former Trades Minister, the local currency may continue to depreciate against major trading currencies unless Ghana increases its exports […] The post 2024 polls: I’ll revive depreciating
Gospel musician, Diana Asamoah has said that one of her junior pastors has been arrested for allegedly stealing over GH?30,000 from her bank account. The post Diana Asamoah discloses arrest of another junior pastor for allegedly stealing GH?30K from her bank account first appeared on 3News.
The Bank of Ghana‘s 2023 Annual Report and Financial Statement says that the Monetary Policy Committee (MPC) maintained a tight monetary policy stance during the year under review, which together with relative exchange rate stability, allowed for a smooth disinflation process. From the peak of 54.1 per cent at end-2022, headline inflation more than halved […] The post Domestic
The global aluminium industry is poised for remarkable growth and transformation in the coming decades. With applications ranging from aerospace and automotive to construction and packaging, aluminium is an indispensable material in modern society. Ghana, possessing the competitive advantage as a country with the second largest reserves of bauxite deposits in Africa, is positioned to […] The post Building
Ghanaian Afrobeats dancers, Afronitaa and Abigail, winner of Talented Kidz Season 14 secured the third spot at the just-ended series 17 of Britain's Got Talent. The post 2024 Britain’s Got Talent: Check out the voting percentages which placed Afronitaa and Abigail third first appeared on 3News.
The flagbearer of the New Patriotic Party (NPP), Vice President Dr Mahamudu Bawumia has promised to review the 1992 constitution if he is voted for to become president, in order to make it focus more on economic development than democratic stability. He observed that the 1992 constitution was designed to stabilise the democracy of Ghana, […] The post The constitution
On Monday, June 3, 2024 popular Kumawood actor, Lil Win was arrested shortly after he was discharged from hospital over an accident. The post Videos: Lil Win in court over accident that led to death of a young boy first appeared on 3News.
Two weeks, four different scandals. This is the current situation as far as governance is concerned. From one controversy to the next, Ghana seems to be caught up in a web of scandals. Let’s start with the latest, as last week saw the revelation of the award of the contract for the 5G spectrum in […] The post Why is the final term of our politicians becoming scandal prone? first
June 3rd 2024 marks exactly 9 years when what has become known as the flood and fire disaster occurred. On that fateful day, an explosion at Goil fuel station and flooding caused by torrential rainfall killed over 150 people at Kwame Nkrumah Circle in Ghana’s capital city, Accra The rains which started on 1st June […] The post 9 years after June 3rd disaster: Victim still lives in
Edudzi Tamakloe, the Director of Legal Affairs for the National Democratic Congress (NDC), has observed that the conduct of the Minister for Fisheries and Aquaculture Development and MP for Awutu Senya East, Mavis Hawa Koomson, has emboldened her son to engage in violence in the constituency. On Sunday, June 2, during the transfer of vote […] The post Hawa Koomson
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