Classic Impropriety
The GCB Bank is in the news and worryingly for unenviable reasons. It hurts to brood over a state financial institution being deliberately mismanaged just so persons with links to the corridor of...
Tag: bank of ghana
BoG Announces Plans To Give Out Shares In NIB and ADB
The Bank of Ghana (BoG) has announced plans to renounce its ownership of two banks in the country. Currently, the BoG, holds 44.06 and 48.17 per cent shares in National Investment Bank (NIB) and...
NDC Is A Government of Lies, For Lies and By Lies – Akomea
Communications Director of the opposition New Patriotic Party (NPP), Nana Akomea says the Mahama-led administration is a government of “lies, for lies and by lies”. In his view, a party that...
Haruna Hits Back At Bawumia; Says Economy Robust
The Minster for Employment and Labour Relations and the Member of Parliament for the Tamale South Constituency, Haruna Iddrisu, has debunked allegations by the Vice Presidential Candidate of the New...
COCOBOD Hits Critics Over New Cocoa Price
The Ghana COCOBOD has rejected claims that the increase in producer price of cocoa from 425 cedis to 475 cedis per bag is not good enough. According to COCOBOD, the new price was reached after...
Petrol To Rise, Diesel Will Be Same
Within the first week of the second pricing-window for September 2016, petrol and diesel prices fell by an average of 0.78% and 0.84%, respectively. Three Oil Marketing Companies (OMCs) namely: Puma...
Could Allotey Jacobs Also Be A Liar?
When the three-time Vice-Presidential Candidate of Ghana’s main opposition New Patriotic Party (NPP), Dr. Mahamudu Bawumia, calls the unconscionable robber-barons of the National Democratic...
Seth Terkper Leads Gov’t Delegation To Annual IMF/World Bank Meetings
Finance Minister Seth Terpker is leading government’s delegation to the International Monetary Fund (IMF)/World Bank meetings which open in Washington DC from October 4 to 14. He is joined by the...
Bawumia Will Return ‘home’ If NPP Loses
The Minister for Roads and Highways Alhaji Inusah is optimistic the Vice Presidential Candidate of the opposition New Patriotic Party (NPP), Dr Mahamudu Bawumia will rejoin his mother party if the...
J. B. Danquah, the Groomer and Inventor For Dummies!
J. B. Danquah, the groomer and inventor for dummies! By Prof Lungu "...No people in all of mankind's recorded and oral history ever united through a...National Liberation Movement (NLM)-United Party...
Petrol To Rise Marginally, Diesel To Remain Unchanged
The Institute for Energy Security (IES) projects petrol prices to rise marginally whilst diesel price on the local market remain stable for the next Pricing window which takes effect from Saturday...
How Hillary Clinton’s State Department Fought for Ghana’s Oil
In 2009, Kosmos Energy, a small oil exploration company in Texas, wished to cash in on its discovery of an oil field off the coast of Ghana — one of the largest found in West Africa in a decade....
J. B. Danquah The Groomer & Inventor For Dummies!
"...No people in all of mankind's recorded and oral history ever united through a...National Liberation Movement (NLM)-United Party (UP)-Progress Party (PP)-confederation, let alone build a great...
Restructuring of VRA Legacy Debts On Course
The Ghana Association of Bankers (GAB) says the ongoing restructuring of Volta River Authority (VRA) legacy debts on the books of some local banks is on course. The process would show a reduction of...
Akufo-Addo Is An Old Rickety Car Not Worth Trying – Allotey Jacobs
Only an old rickety and virtually useless car is tried on the road after having gone through a lot of attempts to get it repaired without success, the governing National Democratic Congress' Central...
NDC Can’t Respond To My 170 ‘facts’ – Bawumia
Running Mate to the flagnbearer of the opposition New Patriotic Party (NPP), Dr. Mahamudu Bawumia, has stated that it is clear the National Democratic Congress (NDC) cannot respond to what he calls...
Fiscal Discipline Not Producing Growth
Dr Joe Abbey, Executive Director of the Centre for Policy Analysis (CEPA), has disclosed that even though the extended credit facility of the International Monetary Fund (IMF) to Ghana was restoring...
Ghana’s Economic Outlook Remains Challenging – IMF
Despite approving the release of the third instalment of funds to Ghana under the Extended Credit Facility, the IMF says there are still fiscal risks in the economy that need attention. Acting Chair...
Liquidator of DKM Assets Suspects Fraudulent Claims By Depositors
Acting Registrar General, Jemima Oware, has underscored the need for a rigorous process to verify claims of customers of the defunct microfinance company, DKM Diamond. The Registrar-General’s...
BoG Exonerates Board Chair of GCB of Wrongdoing
Preliminary investigations carried out by the Bank of Ghana (BoG) has exonerated the Board Chairman of GCB Bank of any wrongdoing in the current impasse at the bank. There have been recent reports in...