The High Court in Accra has ordered a subpoena to be served on the Governor of the Bank of Ghana, Dr Ernest Addison, to appear or instruct its official to appear before it on March 10, 2022. The court said the Governor or his officer is to appear to produce the statement of accounts of Capital Bank from June 2015 ...
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Consider a fixed exchange rate regime now to deal with current pressure on cedi – Dr. Ankrah
Economist and Investment Banker, Dr. Sam Ankrah is pushing for a fixed exchange regime to help deal with the current pressure on the Ghana cedi. Dr. Ankrah who is also the President of the African Investment Group argues that this might be one of the sure ways to deal with the current difficulties facing the Ghana cedi . Speaking on ...
Read More »Punishment meted out to Maxam is not grounded in law – Edward Bawa
Bongo Member of Parliament (MP), Edward Bawa has said that the punishment meted out to Maxam Ghana Limited for its involvement in the Appiatse explosion, is not grounded in law. His assertion follows the Lands and Natural Resources Ministry slapping Maxam Ghana Limited a fine of $1m and $5 million for regulatory breaches regarding the manufacture, storage, and transportation of ...
Read More »Supreme Court To Decide NPP Budget Approval
The Supreme Court has set March 16, 2022, to decide on whether or not the Majority New Patriotic Party (NPP)’s approval of the 2022 Budget and Economic Policy of the Government last year, was in line with constitutional provisions. Broadcast journalist, Richard Dela Sky, filed a writ invoking the original jurisdiction of the court challenging the decision of the Majority ...
Read More »Ras Mubarak petitions Bagbin over four absentee MPs
The former Member of Parliament for Kumbungu, Ras Mubarak, has petitioned the Speaker of Parliament, Alban Bagbin to declare some four seats in the lawmaking chamber vacant. Mr. Mubarak in his petition mentioned some Members of Parliament who he says have been absent for some time now and fall foul of the laws in Parliament. “It has come to my ...
Read More »Akufo-Addo declares June 10 as Green Ghana Day
President Nana Addo Dankwa Akufo-Addo has declared June 10, 2022, as this year’s Green Ghana Day, under the theme “Mobilising for a Greener Future.” The President made the declaration at the Accra International Conference Centre on March 1, 2022, when he launched the 2022 edition of Green Ghana Day. Lands For Sale In Acres at Aburi Amanfrom, Watch the video ...
Read More »Instagram set to retire support for IGTV App
Photo and video sharing social platform –Instagram has announced plans to discontinue support for its standalone app IGTV. The social media platform made this known via a blog post, stating that it will instead start to focus on keeping all video in the main Instagram app. In the blog post, the social platform disclosed that the decision was “part of its ...
Read More »E/R: Truck distributing flour to SHSs topples after bridge collapse
A truck distributing flour to Senior High Schools in the Eastern Region has been involved in an accident at St. Stephen’s Senior High Technical School (STEPSS) in Akyem Asiakwa after a wooden bridge connecting the school collapsed. The accident occurred Tuesday March 1,2022 when the truck returning from the school toppled over after a portion of a wooden bridge caved ...
Read More »Ghana earns $6.55bn in total petroleum receipts between 2011-20 – PIAC
Ghana has earned $6.55 billion in total petroleum receipts between 2011 and 2020, equivalent to 9.97 per cent of 2020 GDP the Public Interest and Accountability Committee (PIAC) has said. Out of this amount, the Annual Budget Funding Amount (ABFA) has been allocated the highest amount of $2.6 billion (40%) over the period. This is followed by the Ghana National ...
Read More »Let’s preserve institutional memories – Speaker
Governance institutions in developing countries must prioritise the preservation of institutional experiences and memories, the Speaker of Parliament Alban S. K Bagbin has advocated. This he said was necessary for continuity while ensuring that people have access to accurate historical facts and data. The Speaker made this remark during a courtesy call on him by a delegation from the Sierra ...
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