The Bank of Ghana is to set up a GHC500 million fund to support agriculture in the country, President Akufo-Addo has announced. Speaking as part of a Heads of State and Governments high level panel discussion at the 2018 African Green Revolution Forum in Kigali, Rwanda, President Akufo Addo said one of the major difficulties that Ghanaian farmers have is ...

The Auditor-General, Daniel Domelevo has revealed that salaries of some heads of public institutions who delayed in responding to observations contained in audit reports have been frozen. The directors of some state institutions were given up to 30 days to respond to the observations contained in an audit report on their institutions. However, most of the directors failed to respond. ...

Gabby Asare Otchere-Darko, a member of the ruling New Patriotic Party, NPP, has stated that times are hard for the citizenry, but it is a sign of a developing economy. He assured Ghanaians that they should exercise patience for government as President Akufo-Addo is charting the path for a buoyant economy for all. In a Facebook, he wrote “there is ...

The Ministry of Health says it has secured financial clearance to absorb unemployed bonded nurses. Sector Minister, Kwaku Agyeman Manu, has assured the distressed nurses that they will receive their appointment by the end of the year. He gave the assurance when he was addressing the Nurses and Midwifery Council mid-year review meeting at Nsuta in the Ashanti Region. The ...

Ghana’s poverty rate has declined and currently stands at 23.4%, the Ghana Statistical Service (GSS) has announced in a latest survey. According to the survey, Ghanaians are not as poor as they used to; nonetheless, about 2.4 million people in Ghana are drowning in extreme poverty while 6 million people are living in poverty. Speaking at the Launch of the ...

The woes of commuters on the Eastern Corridor road in the Northern Region are far from over as contractors have abandoned the road over lack of funds. Motorists who use the road have had to go through lots of challenges over the years. Currently, the two main bridges left in the middle of the road at Lepusi present the biggest ...

The Finance Minister, Ken Ofori Atta has written to the Chief Executive Officer of the Ghana National petroleum Commission demanding answers to why the commission sold Ghana’s TEN crude oil lower than the lowest on the market. A letter addressed to the GNPC CEO and sighted by Starrfmonline.com said as a result of the low pricing of the crude by ...

The Bank of Ghana (BoG) is working on a model to be issued to all commercial banks in the country as a measure to curb the rising economic and cybercrimes in the banking sector. The move, according to the Central Bank, will compel all the banks to appoint a cybersecurity and information officer as part of the banking requirement. In ...

President Addo Dankwa Akufo-Addo has spoken for the first time on the banking scandal, refuting claims that there is a government-led effort to collapse indigenous banks. “We cannot have a situation where the dominant banks in our country are all foreign banks. It is very dangerous for our future if we allow that to happen. But if our own indigenous ...

Vice-President Dr. Mahamudu Bawumia has revealed government is working to ensure that mobile money, e-zwich and other payment systems are fully integrated by 2019, allowing all government payments to be done electronically. Speaking at this year’s Ghana Economic Forum, the Vice-President said the move is part of government’s drive to formalise the economy through digitisation and enhanced financial inclusion. “Mobile ...