Influential policy think tank, IMANI Africa, has proffered some alternatives for supporting banks struggling to meet the GHc400 million recapitalization directive. The think tank said the simple way to go around the hurdle is to “redirect some of the bank’s investments in government debt back to the equity section of their balance sheets” instead of supporting the struggling banks with ...

Deputy Minister of Information, Pius Hadzide, has stated that government cannot be held liable for the current struggles of customers of gold dealership company, Menzgold. Mr. Hadzide was responding to comments by the Communications Officer of the National Democratic Congress (NDC), Sammy Gyamfi, accusing the government of complicity in the matter. At a press conference on Wednesday, Sammy Gyamfi said ...

I stated at my Parliamentary approval hearing to be appointed the Special Prosecutor and again during an interview I granted to CitiFM’s Umaru Sanda and Daily Graphic’s Mabel Aku Baneseh on Monday, 14th January 2019 that I endeavor to keep suspected accusations of the commission of crime against fellow citizens on the quiet until investigations disclose a chargeable offence that ...

The Forest Commission on Wednesday January 16 outdoored two Kantanka Omama 4X4 Pickups. With the aim of supporting made in Ghana products the Forestry Commission, with the support of the Ministry of Land and Natural Resources purchased two brand new pick-ups from Kantanka automobile at the tune of GHC200,000. According to the Chief Executive Officer of the Forestry Commission, Mr. ...

The Ghana Police Service has indicated an imminent crack down on vigilante groups and their political sponsors. COP Nathan Kofi Boakye, Director-General of the Police Professional Standards Bureau says the police have had enough of the nefarious activities of those groups and are ready to stop them. The ‘no-nonsense’ police boss was speaking Wednesday, January 16, on political vigilantism and ...

Jospong Appeals To Media, Religious Bodies To Support Sanitation Campaigns The Ghanaian media (reporters, editors, TV and radio show hosts and media owners) have been called upon to give environmental sanitation similar attention it gave to illegal mining (galamsey) to help achieve the President H. E. Nana Addo Dankwa Akufo-Addo’s vision of a clean Ghana and more specifically make Accra ...

General Secretary of the opposition National Democratic Congress (NDC), Johnson Asiedu Nketiah, has asked women of the party to marry men who support the NDC. He said when that happens they will produce children who will grow to support NDC like some members of the New Patriotic Party (NPP) did in the past to speed up growth and also foster the ...

A retired police officer who first arrested, investigated, and prosecuted Nana Appiah Mensah (NAM1) for fraud in 2012, Corporal David Normanyo, has said if the now-embattled Menzgold Ghana Limited CEO had been jailed at the time, several thousands of innocent investor would not have had their monies locked up with the troubled gold-trading firm as is the case at the ...

The confirmation by the Ghana Police Service that embattled Chief Executive Officer (CEO) of Menzgold Limited, Nana Appiah Mensah, has been arrested in Dubai raises critical questions about how Ghanaian authorities, especially the Economic and Organised Crime Office (EOCO), have handled the matter so far. A statement issued by the Public Affairs Directorate and signed by its Director-General, Assistant Commissioner ...

The Nana Addo Dankwa Akufo-Addo led NPP government has once again shown its staunch commitment to bringing good and effective governance to the doorsteps of the entire Ghanaian populace. The government was hit by a sudden increase in the prices of crude oil at the world market but was bent on facilitating the needed economic mechanisms to consistently reduce the ...