The Bank of Ghana lack funds and, thus, cannot perfrom its monetary policy role without printing more money, Mr Isaac Adongo, the Ranking Member of Parliament’s Finance Committee has said. Reacting to an audit report that revealed that the central bank lost GH¢60 billion through the debt restructuring exercise, Mr Adongo told journalists after Finance Minister Ken Ofori-Atta delivered his ...

A Deputy Finance Minister, Abena Osei-Asare has justified the GH¢20 billion cut in expenditure saying it is enough for the country in its current state. The Finance Minister, Ken Ofori-Atta presenting the mid-year budget review in Parliament on Monday said the government was proposing a downward revision of the Appropriation from GH¢227.7 billion as presented and approved in November 2022 ...

Artiste manager and entertainment pundit, Nana Asiamah Hanson, popularly known as Bullgod, has expressed his discontent over the strong relationship Ghanaian music duo, R2Bees, and songstress Efya have with Nigerian music star, Wizkid, and their apparent absence from his international tours. In a Facebook post on Saturday, July 29, Bullgod raised questions about why R2Bees and Efya frequently socialize with Wizkid when he visits Ghana, ...

Otumfuo Osei Tutu II, the Asantehene, has undertaken a momentous courtesy visit to the President of Trinidad and Tobago, Christine Carla Kangaloo O. R. T. T. During this special occasion, several prominent figures were present, including President Kangaloo’s husband, Kerwyn Garcia, Senator Dr. Amery Browne, the Minister of Foreign and CARICOM Affairs, and Rita Toussaint, the Permanent Secretary of the ...

Member of Parliament for Bolgatanga Central Constituency Isaac Adongo says he had to wake up to wake his colleagues up while Finance Minister Ken Ofori-Atta was reading the mid-year budget review in Parliament on Monday, July 31. He said all those who were shouting ‘Yeah yeah’ were actually sleeping during the presentation. The National Democratic Congress (NDC) made this known ...

Brazil midfielder Fabinho has completed a move to Saudi Arabian club Al-Ittihad from Liverpool on a three-year deal. The 29-year-old did not travel with the Reds to a recent training camp in Germany after the Saudi side made a £40m bid for him. Fabinho was also left out of the club’s current trip to Singapore as the move was finalised. ...

The 2004 Class of the Mfantsipim Old Boys Association (MOBA ‘04) has launched a Trust Fund that seeks to raise GH₵2 million to support their alma mater. The trust fund, according to the President of MOBA ’04, Samuel Menyah Asah-Kissiedu, is to finance the school’s forthcoming 2024 Speech and Prize Giving Day as well as the commemoration of Mfantsipim School’s ...

The National Democratic Congress (NDC) in the Jomoro Constituency of the Western Region has called on the government to listen to the plight of the residents in the constituency and construct their deplorable roads. The NDC says “to avoid other actions supported by law from indigenes of Jomoro”, the government must do them the honours and come to their aid. ...

Ghanaian musician and producer Nacee, formerly part of the renowned gospel group No Tribe which also included Lord Bondzie, has disclosed in a new interview the challenges he faced during his time with the group and why they split. Speaking candidly with Rosleyn Feli about the reasons behind his decision to take a break from No Tribe, Nacee revealed that ...

Former Finance Minister Seth Terkper has said that the proposed changes in Ghana’s fiscal accounting from cash to commitment basis as announced in the mid-year budget review presented by Finance Minister Ken Ofori-Atta, is retrogressive. Presenting the mid-year budget, Mr Ofori-Atta told Parliament that Ghana’s economy is showing signs of stabilization. He said the implementation of on-going fiscal adjustments and ...