The Financial Crimes High Court, presided over by Justice Edward Twum, is set to deliver its ruling on Thursday, 31 August 2023 regarding the special prosecutor’s attempt to freeze the assets of former Sanitation Minister Cecilia Dapaah. The office of the special prosecutor filed the application in a bid to confirm the freezing of two accounts owned by Ms Dapaah. ...

Organised Labour has voiced its rejection of the government’s proposal to implement a Cost of Living Allowance (COLA) during next year’s salary negotiations for public sector employees. COLA, an interim measure designed to offer relief when immediate salary adjustments are unfeasible, has been met with scepticism by Organised Labour, which argues that it would not positively impact pension disbursements and ...

The Bank of Ghana has said the Public Procurement Authority (PPA) approved all its processes and documents before the commencement of the construction of its GHS250-million headquarters. According to the Head of Research at the Bank, Dr. Philip Abradu-Otoo, all the necessary approvals were obtained from the PPA. “We broke no procurement law”, Dr Abradu-Otoo insisted. Dr Abradu-Otoo indicated that ...

The Executive Director of the Chamber of Petroleum Consumers Ghana (COPEC) Duncan Amoah has said that the prices of fuel in Ghana are pointing upwards. Some oil marketing companies have increased the prices of petroleum products as the second pricing window of August has begun. LEARN AND TRADE FOREX WITH GOLIGFX WATCH THE VIDEO BELOW: Goil has also increased the ...

Founding President of Imani Africa Mr Franklin Cudjoe has said that the arguments that civil society groups made against the Agyapa deal were not before the Economic Community of West African States (ECOWAS) Court of Justice. To that end, he has asked the public to ignore the ‘noise’ being made about the verdict of the court that there was nothing ...

Dr John Kumah, Deputy Minister of Finance, has urged the flagbearer hopeful of the New Patriotic Party (NPP), Mr Kennedy Agyapong, to maintain his focus and refrain from making him (John Kumah) the central theme of his campaign. Dr Kumah, representing the Ejisu Constituency in the Ashanti Region, responded to Mr Agyapong’s recent revelation that his comment about a certain ...

Standard Chartered Bank Ghana PLC unveiled its annual 2023/2024 Road to Anfield Campaign in an event coinciding with a viewing party at the Labadi Beach Hotel on Sunday. The campaign, a long-standing collaboration with English Premier League (EPL) giants Liverpool FC (LFC), offers customers a chance to win an all-inclusive trip to Liverpool’s iconic Anfield Stadium, the revered home turf ...

A chartered economist Bernard Oduro Takyi has criticised Vice President Mahamadu Bawumia for the significant financial loss incurred by the Bank of Ghana (BoG). The central bank recorded a staggering loss of GHS60.8 billion, per the Auditor-General’s 2022 report, which is equivalent to $6 billion – twice the IMF bailout to Ghana – through what the minority caucus describes as ...

 In preparation for the upcoming presidential primary scheduled for November 4, the governing New Patriotic Party (NPP) has unveiled a list of 17 designated polling stations for the Super Delegates Conference set to take place on Saturday, August 26, 2023. This selection has been strategically made with the intention of narrowing down the pool of aspirants to a final count ...

Justice For Ghana Covener Bernard Mornah has said Bank of Ghana Governor Ernest Addison has mismanaged the bank to the extent that the United States of America had to send down a representative to keep the operations of the banking sector regulator in check. Reacting to a comment by former GIMPA Rector Prof Stephen Adei, in which the former member ...