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ECONOMY-FINANCE

Dr Kofi Amoah makes a huge revelation about what the Finance Minister did to take Ghana to the IMF

Ghanaian business mogul and CEO of Progeny Ventures International, Dr. Kofi Amoah, has made a huge revelation about the Finance Minister, Mr. Ken Ofori-Atta, and his actions that led the country to resort to the IMF for support. It would be recalled that a few months ago, the President of the Republic of Ghana, Nana Akufo-Addo, asked the Finance Minister to engage the IMF for support because the economy was not doing well financially.

  2 days ago ago
Dr Kofi Amoah makes a huge revelation about what the Finance Minister did to take Ghana to the IMF

SOCIETY

Captain Smart Makes A Revelation About Scammers And Customers With Bank Account Using Ghana

The issuance and acquisition of the National Identification Card popularly known as the Ghana card is the basis for the current challenges confronting the SIM re-registration which has affected millions of Ghanaians. It is the only valid ID that is suitable for application for a bank account, passport, telephone number, property acquisition, driver's license, and many more.

  7 days ago ago
Captain Smart Makes A Revelation About Scammers And Customers With Bank Account Using Ghana

ECONOMY-FINANCE

Govt still needs GH¢8bn to fix financial sector — BoG

A few monetary organizations are as yet confronting serious troubles five years after the public authority burned through GH¢21 billion in a monstrous tidy up exercise to reestablish the business in the groove again. This time, the public authority expects between GH¢7 billion and GH¢8 billion to manage the most recent improvement which the national bank depicts as a migraine since a year ago.

  12 days ago ago
Govt still needs GH¢8bn to fix financial sector — BoG

POLITICS

I Can Develop Ghana Better In 3 Years Than Nana And Mahama If You Hand It Over To Me-Capt Smart

Top analysts and economic experts mostly attribute Africa's problems and crisis to bad leadership. Mostly these African heads of state are utterly insensitive to the plight of the masses and have lost touch with reality. They busily indulge in wasteful ventures much to the detriment of the already suffering masses.

  11 days ago ago
I Can Develop Ghana Better In 3 Years Than Nana And Mahama If You Hand It Over To Me-Capt Smart

OTHERS

One Important of Having National Identification Card

A Ghanaian who showed up at the Kotoka International Airport utilizing her Ghanacard to get onto her flight has discussed that utilizing the card is so helpful. In a meeting with Metro TV on her appearance, the explorer let the station know how quick it was for her appearance to be handled by Ghana Immigration subsequent to utilizing the Ghanacard to load onto her trip back home. "I just gave him my Ghanacard and in under two minutes, it was finished," said the explorer. Contrasting utilizing the Ghanacard and

  14 days ago ago
One Important of Having National Identification Card

ECONOMY-FINANCE

Minority blocks an attempt to change the $3 billion BoG foreign reserves amount.

Ken Ofori Atta, Finance minister An attempt by the majority of lawmakers to change elements of the Finance Committee report that led to Wednesday's approval of the $750 million loan was thwarted by the minority. The Finance Minister, Ken Ofori-Atta, reportedly told the Committee that Parliament needed to swiftly ratify the loan arrangement.

  16 days ago ago
Minority blocks an attempt to change the $3 billion BoG foreign reserves amount.

EDUCATION

NSS Released 127,999 Pin Codes For Eligible Ghanaian Final Year Students For 2022/2023 Service Year

The Management of the National Service Scheme (NSS) has released 127,999 pin codes for eligible Ghanaian final year students from all accredited tertiary institutions in the country to register for their mandatory national service for the 2022/2023 service year. The scheme website has been given to the eligible final year student to access their pin codes from today Monday 25th July 2022 with their respective index numbers and Date of birth.

  14 days ago ago
NSS Released 127,999 Pin Codes For Eligible Ghanaian Final Year Students For 2022/2023 Service Year

OTHERS

Finance Committee - Bank of Ghana foreign reserves has decline from $9bn to $3bn

A new report by the Finance Committee of Parliament has uncovered the dubious condition of the nation's funds. As per the report of the Finance Committee on Loan Facility Agreement between government of Ghana and the AfreximBank for a loan of up to $750 million, the nation would have gone bankrupt without approval of this loan amount. The Committee's report additionally expressed that the Bank of Ghana's foreign reserves is being dwindled and has moved from $9 billion to about $3 billion. These difficulties

  17 days ago ago
Finance Committee - Bank of Ghana foreign reserves has decline from $9bn to $3bn

POLITICS

Did Government Do This? “Government Prints GH¢22 Billion Without Parliament’s Knowledge - Ato Forson

According to a guru of the National Democratic Congress, NDC and a former Deputy Finance Minister, Dr. Cassiel Ato Forson, he has alleged that the Government of the Republic of Ghana has printed GH¢22 Billion worth of money, in new currency notes. The former Deputy Finance Minister has shown much concern and interest in this because, according to him Parliament has no knowledge of this.

  13 days ago ago
Did Government Do This? “Government Prints GH¢22 Billion Without Parliament’s Knowledge - Ato Forson

ECONOMY-FINANCE

Coronavirus Trust Fund: We Prefer Cheque To Cash - Sophia Akuffo

Chair of the Covid-19 Trust Fund, Madam Sophia Akuffo has said that the Trust Fund doesn't get funds in real money. She said they attempt however much as could reasonably be expected to deter individual from giving to the Fund in real money. Rather, she said givers ought to do as such through checks.

  13 days ago ago
Coronavirus Trust Fund: We Prefer Cheque To Cash - Sophia Akuffo

POLITICS

Nana Addo Gov't Borrowed Money From GN Bank, Failed To Pay, And Still Collapsed It – Captain Smart

Under Nana Addo Dankwa Akuffo's administration, disputes frequently surface in relation to the various banks that the government forced to fail. The major cause of Group Nduom Bank's (GN BANK) failure has been revealed by Captain Smart, who can no longer tolerate it.

  14 days ago ago
Nana Addo Gov't Borrowed Money From GN Bank, Failed To Pay, And Still Collapsed It – Captain Smart

ECONOMY-FINANCE

$750 million loan saves Ghana from bankruptcy

The severe economic situation that Ghana is currently experiencing was recently described in a report by the Parliament's Finance Committee. According to the research, if the Loan Facility Agreement between the government of Ghana and the AfreximBank for a loan of up to $750 million had not been granted, the nation would have gone bankrupt.

  17 days ago ago
$750 million loan saves Ghana from bankruptcy

ECONOMY-FINANCE

John Kumah and Ato Ferson clash over alleged printing of 22bn Cedis notes

Two driving figures vested in Money in Parliament have conflicted over the supposed printing of GH¢22 billion by the Bank of Ghana for infusion into the economy. Positioning Part on Money, Dr. Cassiel Ato Forson originally made the charge on Monday and rehashed same on the floor of Parliament on Tuesday accusing the increasing expansion rate on that action by the National Bank

  13 days ago ago
John Kumah and Ato Ferson clash over alleged printing of 22bn Cedis notes

ECONOMY-FINANCE

Stabilizing Cedi: Gov’t urged to introduce more strategies to diversify export base.

Dr. Patrick Assuming, an economist, is urging the government to take additional steps to strengthen domestic production and the export base of the nation in order to stabilize the cedi for the long term. In an effort to position the central bank to accumulate mineral reserves to stabilize the cedi, the government recently introduced a new policy decision that grants the Bank of Ghana (BoG) first right of refusal for all gold mined in the nation.

  18 days ago ago
Stabilizing Cedi: Gov’t urged to introduce more strategies to diversify export base.

ECONOMY-FINANCE

Claims gov't has printed GHS22bn new cash 'bogus, ridiculous' - John Kumah

The Finance Ministry has disproved claims that the Bank of Ghana has printed GHS22billion without parliamentary endorsement. The Minority Spokesperson on Finance, Mr Cassiel Ato Forson made the case at a public interview after the Finance Minister, Ken Ofori-Atta had conveyed the Mid-Year Budget Review to Parliament on Monday, 25 July 2022.

  12 days ago ago
Claims gov't has printed GHS22bn new cash 'bogus, ridiculous' - John Kumah

POLITICS

Truth Finally Out; NDC MP Ato Forson Finally Exposed - Bank Of Ghana Drops Fresh Statement.

The Bible made it clear that, we must know the truth and the truth will set us free. There is a particular adage in our local language which means that, the truth cannot be hidden forever. We must learn to move with the truth always.

  13 days ago ago
Truth Finally Out; NDC MP Ato Forson Finally Exposed - Bank Of Ghana Drops Fresh Statement.

ECONOMY-FINANCE

BoG Has Printed ¢22b Without Parliamentary Endorsement - Dr Ato Forson Affirms

Former Deputy Finance Minister, Dr. Cassiel Ato Forson has blamed the public authority for empowering the Bank of Ghana to print a measure of GH¢22 billion without Parliamentary endorsement. As per him, the new cash notes were printed among January and June 2022. The data, as indicated by Dr Forson, is concealed on page 97 of Appendix 2a of the Mid-year spending plan under the segment on Bank of Ghana.

  13 days ago ago
BoG Has Printed ¢22b Without Parliamentary Endorsement - Dr Ato Forson Affirms

ECONOMY-FINANCE

Make divisional banks to upscale Ghana's economy - Stephen Atubiga

The organizer and head of the National Liberation Congress (NLC) party, Stephen Atubiga, has proposed the foundation of banks for every area of Ghana's economy to work with advancement. The remark of the legislator came on the rear of the financial difficulty the nation has been encountering, devastating organizations which are attempting to remain above water, stirring things up around town to request improvement in their jobs.

  10 days ago ago
Make divisional banks to upscale Ghana's economy - Stephen Atubiga

BUSINESS

National Investment Bank terminates appointment of all contract staff

National Venture Bank ends arrangement of all agreement staff.  The National Venture Bank, (NIB), has ended the arrangement of all agreement staff.  A letter of end sent to the influenced staff read to some extent "that administration has chosen to end your agreement on June 30, 2019."  The letter included that the influenced staff must hand over "their Staff ID, Friday wear and other corporate embellishments" to the executives and continue on a terminal Seven days leave at the very latest June 21, 2019.

  2 years ago ago
National Investment Bank terminates appointment of all contract staff

ECONOMY-FINANCE

Covid Trust Fund: We discourage donating money to us in cash; we prefer cheque – Sophia Akuffo

Chair of the Covid-19 Trust Fund, Madam Sophia Akuffo has said that the Trust Fund does not acquire cash in cash. She said they are trying as much as feasible to discourage humans from donating to the Fund in coins. Rather, she stated individuals need to do so via cheques.

  14 days ago ago
Covid Trust Fund: We discourage donating money to us in cash; we prefer cheque – Sophia Akuffo