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- Bank of Ghana’s GH¢15.6bn operational loss is a new low – Boako
- BoG losses amount to wealth transfer to banks — Gideon Boako
- Bank of Ghana’s ‘staggering’ 2025 losses cost of policy failure – Gideon Boako
- Politically motivated policy choices drove BoG’s 2025 losses – Dr. Gideon Boako
- Gold sales cushioned deeper BoG losses, Amin Adam alleges
- Amin Adam questions BoG accounting treatment of gold sales
Author: newsfilegh
Member of Parliament for Ledzokuku in Greater Accra, Dr. Bernard Okoe Boye, has challenged the minority in parliament to go to court to halt the approval of a loan facility to McDan Shipping by the Agricultural Development Bank. The minority at a news conference Tuesday questioned the basis for which the Finance Minister, Ken Ofori Atta gave approval for the ADB to give a loan of 10,459,500 to a private firm. Minority Leader, Haruna Iddrisu, said the action of the Finance Minister was in breach of the procurement processes and rules, adding a contract given to McDan Shipping Company, did…
What appeared as a simple Facebook post last Saturday by Manasseh Azure Awuni of the Multimedia Group Limited regarding another colleague, Paul Adom-Otchere of Metro TV, is likely to trigger ‘war’ between the two journalists. Mr. Adom-Otchere, who hosts Good Evening Ghana, was alleged to have sent a controversial press statement issued by the Ghana Journalists Association (GJA) which cautioned the media over what it believed to be excesses in the practice of investigative journalism in the country. Mr. Manasseh, whose recent work alleged government contracts secured by a Ghanaian company was inflated and felt slighted by the GJA statement,…
The Economic Committee of the African Union (AU) has expressed worry about falling prices of commodities on the world market, which he said is likely to affect African economies. The union wants African governments to add value to their raw materials in order to shield itself from shocks of falling prices of commodities. Energy commodity prices rose by 4.4 per cent in August this year while non-energy prices rose 1.3 percent. Prices of food and beverages, however, fell by 3.4 percent in August 2017. Crude oil prices have remained unstable since the beginning of the year, with a barrel, currently…
The Free Senior High School (SHS) policy, which takes off next week, does not replace the Northern Scholarship enjoyed by SHS students in the northern part of the country, Mr Kingsley Agyemang, Registrar of the Scholarship Secretariat, has said. Mr Agyemang, who stated this when he addressed a press conference in Tamale on Tuesday, said “As far as the Northern Scholarship is concerned I wish to place on record that continuing students in the second and third years will continue to enjoy their scholarships.” He said, “the introduction of the Free SHS is only coming in as an add-on to…
A youth group has raised red flag over the appointment of Rev. Daniel Ogbarmey Tetteh as the Director General of the Securities and Exchange Commission, a regulatory body for the country’s securities market. Chief of Staff, Akosua Frema Osei-Opare in a letter dated August 9, 2017 announced a 11-member governing board for the Securities and Exchance Commission constituted by President Nana Akufo-Addo with Rev. Ogbarmey Tetteh as the Director General. But his appointment, according to the Dynamic Youth Movement Ghana (DYMOG), has the potential to create a conflict of interest situation, unfair securities market and corruption considering his relationship with…
READ: Parents seeking SHS placement for wards stranded at internet cafes READ: Hotlines for SHS placement announced
Former Central Regional Minister Aquinas Tawiah Quansah is angry with government’s decision to revoke the license, describing it as attempt to “cripple the Mahama family” According to him, the decision was a political witch-hunting and a calculated move by the governing New Patriotic Party (NPP) to “at all cost destroy legitimate” businesses being done by Ibrahim Mahama, a brother of the immediate past President of Ghana. The Minister of Lands and Natural Resources John Peter Amewu on Monday, announced the revocation of the license granted Exton Cubic Limited for exploration at Nyinahin, declaring the license as invalid and of no…
President Nana Addo Dankwa Akufo-Addo has appointed Ms. Eno Ofori-Atta as the acting Deputy Managing Director of SIC Financial Services Limited (SIC-FSL). She will serve in an acting capacity until a substantive Deputy Managing Director is appointed by the Board of Directors of the company that is a leading investment banking firm and a subsidiary of Insurance Company Limited. A letter addressed to the Company Secretary of SIC-FSL dated August 16, 2017 and signed by the Finance Minister Ken Ofori-Atta asked management to “give her the necessary assistance” she would require. Ms. Ofori-Atta holds a BA in law and sociology…
Lawyer for the 13 members of the vigilante group, Delta Force, who are standing trial for assault of a public officer, Frederick Kankam Boadu, says the defence team is growing impatient due to the level of delays in the case. For the sixth time, the case was Tuesday adjourned to October 10 by the Kumasi Circuit Court due to delays in advice from the Attorney General’s Department. READ: Prosecutor’s absence forces judge to adjourn case of Delta Force 13 When the case came up in court, prosecuting ACP Otchere Darko informed the court that investigations have long been concluded and…
The Duke and Duchess of Cambridge have been awarded 100,000 euros (£92K) in damages after a French magazine printed topless pictures of the Duchess. The French court ruled the images, taken as the royal couple holidayed in Provence five years ago, were an invasion of their privacy. The judge awarded the royal couple 50,000 euros each in damages. She also fined Closer magazine’s editor and owner 45,000 euros – the maximum amount allowed. The damages fall short of the 1.6 million euros (£1.5m) sought by the Duke and Duchess of Cambridge’s lawyers. Long-lens images of Catherine sunbathing on a terrace…