Aviation Minister says the loan facility secured for the Kotoka International Airport’s Terminal 3 project had a very high-interest rate which has prevented the Ghana Airports Company Ltd (GACL) from taking on other projects. According to Joseph Kofi Adda, the cost in putting up the Kotoka International Airport’s (KIA’s) Terminal 3 project is strangulating the Ghana Airports Company by preventing ...

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) ...

“This is not a church room. I heard some singing going on. This is the Police Headquarters with rules and regulations. Please respect yourselves. I need the Chairman and three of his counsel; the rest please go down… my name is ACP George Tweneboah, Deputy Director-General of CID.” These were the words of the Deputy Director-General of the Criminal Investigations ...

The case brought against Sedina Christine Tamakloe Attionu, former Chief Executive Officer (CEO) of the Microfinance and Small Loans Centre (MASLOC) during previous Mahama administration is gradually taking shape, as the State has filed all the documents it intends to rely on for the trial. The trial court, presided over by Justice Afia Serwaa Asare-Botwe, has ordered the Office of ...

Ghanaians have not forgotten the hardship that the John Mahama administration plunged them into and will, therefore, not give him and the main opposition National Democratic Congress (NDC) another chance to mess up the country in the 2020 presidential and parliamentary elections, Mr Benjmain Ayeh, a former MP for Denkyira West, has said. He explained that under Mr Mahama’s administration, ...

Government says it will have the tapes of investigative journalist Anas Aremeyaw Anas’s latest exposé on illegal mining properly investigated using the raw unedited footage. Kojo Oppong Nkrumah, the Information Minister said if any public officers are found to have solicited monies or taken bribes to bend rules the necessary action will be taken. He told journalists at a presser ...

President Nana Akufo-Addo has announced nine changes in his government, the second reshuffle since he was sworn into office in 2017. The biggest change is the removal of Tourism, Culture and Creative Arts Minister Catherine Afeku, who now moves to the Office of the President as a Minister of State. She will now work specifically at the Office of the ...

The Government of the United Kingdom has pledged funds to undertake three major infrastructure projects in Ghana this year. The Tamale Airport, the Bekwai hospital project and the Kumasi Central Market are all set to receive funding to either undergo major expansion, construction or facilitate the installation of essential equipment as part of the UK government’s partnership agreements with the ...

President Akufo-Addo says his government is doing all within its reach to arrest the free falling Cedi. The Cedi has fallen deeply against international currencies especially the dollar. Cedi which was 5.35 against a dollar on February 25, 2019, has suddenly reached 5.46. Addressing a ceremony held at the Tema Heavy Industrial Area, Kpone, to commission the Fujian Sentuo Ceramic ...

National Chairman of the National Democratic Congress (NDC) Samuel Ofosu Ampofo is under fire following the emergence of an audio recording of a meeting at the party’s headquarters. The audio, which has been authenticated by NDC Communication member, Kwaku Boahen, exposes the evil intents of some party stalwarts and sympathizers against some members of the ruling party, the Clergy and ...