The International Monetary Fund (IMF) has addressed the concerns surrounding the Bank of Ghana’s (BoG) GH¢60 billion loss incurred during the 2022 fiscal year, aiming to allay anxieties by asserting that there is no need for alarm. The BoG has faced heightened scrutiny from opposition political factions and civil society organisations due …
Read More »DVLA interdicts 13 staff, sacks 3
The Driver and Vehicle Licensing Authority (DVLA) has interdicted 13 employees, while three others have had their appointments terminated due to violations of staff conduct. Chairman of the authority, Frank Davies, said his outfit would not protect individuals who breach the Authority’s code of discipline. He urged staff members to uphold impeccable …
Read More »Menzgold – 60% of customers ineligible for payment after validation process
The chief executive officer of the defunct gold trading company, Menzgold, Nana Appiah Mensah has announced that over sixty percent of claims submitted for validation were plagued with several defects. Menzgold on July 30 called on its clients to submit supporting documents for validation to facilitate payments. The company enumerated a …
Read More »US Ambassador warns Ghana over anti-LGBTQ+ bill
The US Ambassador to Ghana, Virginia Palmer, has warned that the passage of the Anti-LGBTQ+ law could affect trade and investment in the country. Ambassador Palmer said that while a number of American companies are preparing to invest in Ghana, any law that discriminates against LGBTQ+ people could hurt the …
Read More »Akufo-Addo joins other ECOWAS leaders at Abuja on Niger coup
President Akufo-Addo has joined other West-African leaders in Abuja, Nigeria to discuss the crucial political situation in Niger. The President, last week, agreed to a collective decision by ECOWAS to deploy military troops to restore constitutional order if the presidential guard which ousted the democratically elected president, Mohamed Bazoum does …
Read More »Lottery wins attract 10% tax – Takes effect August 15
Wins from lottery games, casinos and marketing promotional raffles will now attract a 10 per cent tax with effect from August 15, 2023. This means that gross winnings from all betting, gaming, lotto and other games of chance will be subjected to a 10 per cent withholding tax which will …
Read More »Cecilia Dapaah’s case: Five remanded; two granted GH¢2m bail
The Accra Circuit Court has remanded five of the accused persons in the Cecilia Dapaah case and granted bail to two lactating mothers to the tune of GH¢1 million each with three sureties to be justified. Two house helps of the former Minister of Sanitation and Water Resources and her …
Read More »We’re in debt, yet MPs keep approving loans – Nana Kobina Nketsia
The Paramount Chief of Essikado Traditional Area in the Western Region, Nana Kobina Nketsia V, says the public must know the full voting records of their Members of Parliament, especially on the approval of loan agreements. The traditional ruler cum academician was speaking at a public forum as part of …
Read More »Over 600,000 candidates to write BECE today
A total of 600,714 candidates are expected to take the weeklong 2023 Basic Education Certificate Examination (BECE) which starts today, August 7 to Friday, August 11. The number comprises 300, 323 males and 300,391 females from 18, 993 participating schools. The number, according to the West African Examination Council (WAEC) is 8.8% …
Read More »School feeding caterers confirm receipt of arrears
Caterers under the School Feeding Programme have confirmed that they have received payments for all of their outstanding arrears, except those for the second term of 2023. The Finance Minister, Ken Ofori-Atta, disclosed during the Mid-Year Budget Review in Parliament on July 31 that the government had settled all arrears …
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