News From ghana

Akufo-Addo breaks silence on banking rot

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 ...

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Government to integrate all payment systems next year – Bawumia

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 ...

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Gabby sues Herald, Larry Dogbe over Ameri publication

Gabby Asare Otchere-Darko, a lawyer and founder of the Danquah Institute has sued the Editor of the Herald newspaper, Larry-Alans Dogbey for defamation. Mr Otchere-Darko who is a member of the governing New Patriotic Party (NPP) is asking for aggravated damages against Larry-Alans Dogbey for his publication on the controversial Ameri deal, which among other things, accused Mr Otchere-Darkof wrong-doing. ...

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Nana Addo lobbies for Alibaba Africa headquarters in Ghana

Barely a week after it was announced that a memorandum of understanding had been signed between Ghana and German firm, Volkswagen, to set up a car assembly plant in Ghana, President Akufo-Addo has revealed that meetings have been held during his state visit to China to get another multi-national company to set up their Africa operations headquarters in Ghana. President ...

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We cannot provide you details now – IMF replies Minority’s letter over Sinohydro deal

The International Monetary Fund (IMF) has responded to the minority’s request for some clarification on Ghana’s US$2billion Sinohydro deal with China. The response from the Brittion Woods Institution asked for more time in order to take a decision as to whether it qualifies as part of government debt or not. The response is coming after the Minority in parliament wrote ...

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