NEWS

OFFICE OF THE COMMONWEALTH HALL JUNIOR COMMON ROOM

*OFFICE OF THE COMMONWEALTH HALL JUNIOR COMMON ROOM*🎓 UNIVERSITY OF GHANA, LEGON🏛 🗓Date: Friday, March 8, 2019. ••••••••••••••••••••••••••••••••••••••••••••••••••••• Ref: UG/CH/EXE/VOL000016 *NOTICE:COMMONWEALTH HALL RESOLUTION ON NUGS AT THE 1ST EMERGENCY JCR MEETING* Good day fellow Vandals, Ghanaian students and all media houses. Owing to the 1st Emergency JCR Meeting held on the 21st day of February, 2019 at the observatory of ...

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Injecting US$800m to stabilise cedi an exercise in futility

Once again, the Bank of Ghana (BoG) has signalled that it will inject a whopping US$800million into the system to shore-up one of the fastest depreciating currencies in the world — the cedi. Historically, though, this approach has proved to be a mere cosmetic exercise. In July 2015, under the leadership of Dr. Kofi Wampah, the central bank pumped in ...

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Old Vandals Congratulates Mr. Owusu Donkor for appointment as a member of EC Audit Committee

Old Vandals Association (OVA) Congratulates Mr. Owusu Donkor, Treasurer of the National OVA on his new appointment on the Audit committee of the Electoral Commission. Speaking to the Deputy General Secretary of the Greater Accra Old Vandals Association Branch , Mr. Hanson expressed his excitement and urged him to continue to serve mother Ghana. “…we were very excited when we ...

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We’ll reject GH¢2b GAT loan for struggling banks – Minority

The Minority in Parliament on Thursday served notice it will reject a GH¢2billion loan for the rescue of some local banks under the Ghana Amalgamated Trust (GAT) Limited. GAT is an arrangement of private pension funds to inject GH¢2 billion into supporting solvent and well-run indigenous banks, which were otherwise having difficulties meeting the Bank of Ghana’s new minimum capital ...

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NDC MP ‘spies’ on President Akufo-Addo

The Minority Leader and Member of Parliament (MP) for Tamale South Constituency, Haruna Iddrisu, has lamented the dearth of intelligence on the ruling New Patriotic Party (NPP) and the need to ‘monitor’ the movements of President Akufo-Addo. The Minority Leader’s alleged statement on ‘snooping on the president,’ is reportedly captured on the leaked audio recording containing the chilling strategies the ...

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Menzgold’s Dzorwulu headquarters burgled; TV sets, ACs, computers stolen

The Head Office of Menzgold Ghana Limited in Dzorwulu, Accra, has been burgled. Sources close to ClassFMonline.com said the thieves entered the office through the back wall and broke the window of the gold-trading firm. The burglars made away with all computers in the trading hall, TV sets, photocopy machines, air conditioners, fans and DSTV decoders. The embattled company has ...

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Bank of Ghana to inject $800m into reserves efforts to stabilise cedi

The Bank of Ghana (BoG) says it will add a minimum of $800 million to the country’s reserves this month to stabilise the cedi against major international currencies, especially the dollar. The Head of Financial Markets at the central bank, Steven Opata, told the Daily Graphic that the accumulation of more dollars would help increase the net international reserve (NIR) ...

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