The third meeting of the first session of the Eighth Parliament will commence tomorrow, Tuesday, October 26 2021, under the leadership of Speaker Alban Bagbin. The House adjourned since die on August 10, 2021. The House when it reconvenes will consider a number of bills that have already been laid in Parliament and referred to […]Continue Reading
The woes of the Ghana cedi continued as it depreciated further to about ¢13.75 to the US dollar less than a day, after reaching ¢13 on October 19. This is equivalent to about 12% depreciation in only four days of this week. The local currency is also depreciating faster than the pound and euro. […]Continue Reading
The Akuapem Traditional Council has handed over authority to Oseadeeyo Kwasi Akuffo III to assume the role of President of the council after a successful gazette by the National House of Chiefs. A traditional ceremony has been performed to hand over power and authority of President of Akuapem Traditional Council to Oseadeeyo Kwasi Akuffo III, […]Continue Reading
Some residents in the Eastern Region town of Apinamang are intimidated and frustrated as they are being forced out of their homes by illegal miners. Activities of illegal mining popularly called ‘galamsey’ is beginning to wreak havoc and is threatening the livelihoods of residents. In the case of Joyce Wowornyo, the ‘galamseyers’ have dug around […]Continue Reading
Members of the Ghana Union of Traders Association (GUTA) in Accra have today closed down their shops in a nationwide protest. According to the aggrieved traders, their decision to halt commercial activities is based on the exorbitant tax rates and the continuous depreciation of the local currency against the US dollar. This, the traders say […]Continue Reading
The 2022 PwC Ghana Banking Survey Report has revealed that 86 % of bank executives confirmed discussing Environmental, Social and Governance (ESG) matters more than once a year. Beyond having board discussions, 62% of bank executives confirmed the existence of an approved plan to adopt and integrate ESG in the business operations. Insights from the […]Continue Reading
The hardship suffered by a section of Ghanaians in the wake of the economic downturn is getting more apparent than ever. The citizenry appears not to be dumbing down on their will to make their concerns known to the government as the administration promises better days ahead with the much-sought IMF bailout. On September 24, […]Continue Reading
A Deputy Lands and Natural Resources Minister, George Mireku Duker, has dragged three parties, including self-acclaimed chief of Dompim Pepesa, Nathaniel Dekyi, alias Nana Nyonwah Panyin IV, to the Accra High Court for defamation. The other two, joined in the suit as 2nd and 3rd defendants, are the Multimedia Group and Class Media Group, operators […]Continue Reading
The depreciation pressures on the Ghana cedi continued unabated as the local currency sold at ¢12.45 to the US dollar at the forex bureaus or the retail market. This translate into 2.8% depreciation of the local currency to the world’s most powerful currency, just in a single day. At the same time, the other major […]Continue Reading
After Justin Frimpong Kodua, popularly called JFK, made history by winning the General Secretary position at the Accra Sport Stadium during the New Patriotic Party (NPP) congress to elect national executives, many wondered what the then chief executive of the Youth Employment Agency (YEA) was bringing on board. Indeed, it was a genuine concern within […]Continue Reading