Author Archives: larryehu

I’ll give you peaceful 2024 election – IGP tells Jean Mensa

Inspector-General of Police George Akuffo Dampare has assured the Chairperson of the Electoral Commission, Mrs Jean Mensa, that the security agencies are committed to ensuring a peaceful and incident-free 2024 election, emphasising the continuity of the peaceful electoral environment since he assumed office. Speaking at a national election security task force meeting, Dr Dampare pledged protection for all involved in ...

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Import Restriction L.I: Ghana doesn’t have the capacity to locally produce the listed items – Minority

The Minority Leader Dr Cassiel Ato Forson has said that Ghana does not have the capacity to produce most of the 22 items that have been captured under the Import Restriction Legislative Instrument (L.I). For instance, he said, Ghana cannot produce the quantity of sugar for local consumption. To that end, he said the L.I, if passed in its current ...

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Banks’ yoy total assets up 16.7% to ¢257.89bn; deposits hit ¢199.94bn, profit-after-tax jumps to ¢7.10bn

Recapitalisation by banks in 2018/19 and the clean-up process from 2017 to 2019 were meant to position the banking sector to withstand shocks such as what emerged in 2020 and 2022, Bank of Ghana Governor Ernest Addison has said. According to him, the 2022 audited financial statements of banks, following the Domestic Debt Exchange Programme (DDEP), pointed to “significant” impairments ...

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We’ve strengthened regulatory, supervisory frameworks to improve financial system’s overall resilience – BoG

In addition to the improvements in the macroeconomic environment and the performance of the banking sector, the Bank of Ghana says it has also worked to strengthen the regulatory and supervisory frameworks to improve overall resilience of the financial system. Furthermore, Governor Ernest Addison says the ongoing work of the Ghana Deposit Protection Corporation and the Financial Stability Council will ...

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Ex-Hearts of Oak coach Koopman is immature and bitter – Dr Nyaho Tamakloe

Hearts of Oak board member, Dr. Nyaho Nyaho-Tamakloe, strongly criticised former coach Martin Koopman, branding him as ‘immature, frustrated, and bitter.’ The former Ghana Football Association Chairman was responding to Koopman’s accusations that the board interfered with his coaching decisions and dictated player selections. He refuted Koopman’s claims, stating as reported by Ghanasoccernet, “When they [Koopman and Rene Hiddink] came, ...

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Arrest financiers of illegal small-scale miners – Kofi Adams

Member of Parliament for Buem, Kofi Adams, has called for a thorough investigation into illegal small mining (Galamsey) to uncover the financiers of the illegal miners. He noted that the illegal miners who usually get arrested in the pit do not have the wherewithal to procure the heavy-duty equipment used in the illicit mining practices. The real financiers are hiding ...

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Man United ban journalists in response to negative stories

Manchester United have banned journalists from four media outlets – Sky, ESPN, Manchester Evening News, and the Mirror – from attending Tuesday’s news conference with manager Erik ten Hag. The club alleges that it has not been provided with the right to reply regarding negative stories circulating around the team. “We are taking action against a number of news organisations,” ...

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‘Imagine Ghana as the new Jerusalem’ – Ofori-Atta on National Cathedral re-evaluation

Finance Minister Ken Ofori-Atta has suggested a reevaluation of discussions on the National Cathedral’s construction, emphasising its potential to drive economic growth. Speaking at the Ghana Tourism Investment Summit 2023, at the Labadi Beach Hotel, he said the edifice was a strategic investment to boost the nation’s tourism sector. He explained that the cathedral could easily become a pilgrimage destination ...

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