The Bank of Ghana Headquarter The Bank of Ghana in collaboration with the Economic and Organised Crime Office is set to go after some 17 resolved financial institutions over untraceable investments amounting to GH¢116.7 million. According to a document released by the central bank, it has identified placements that were made by some Specialized Deposit-Taking Institutions (SDIs) and other investment companies ...
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comHere are top 10 bribe-prone institutions in Ghana – Report
Corruption Police officers top list of bribe takers in Ghana 17.4 million bribes were paid to public officials in 2021 25.9% of respondents have had contact with public officials in 2021 A report on corruption and bribery in Ghana has disclosed that more than 17.4 million bribes were paid to public officials in 2021. The maiden national survey, titled: “Corruption ...
Read More »NIA boss reveals why cards have been printed but not issued
Over 15.7 million Ghana cards issued so far, NIA boss It’s a criminal offense to have a double-registered Ghana card, NIA boss 808,493 cards have been printed but not issued, NIA boss The Executive Secretary of the National Identification Authority (NIA), Prof. Kenneth Agyemang Attafuah, has revealed why some Ghanaians are yet to receive their Ghana cards despite them being ...
Read More »IMF bailout’ll ‘repair our severely-hit’ economy; ‘this, too, shall pass’ – Akufo-Addo
President Nana Addo Dankwa Akufo-Addo says all countries around the world are working to return themselves to a state of normalcy following the devastating impact of the pandemic of COVID-19, whose effects have been exacerbated by the Russian invasion of Ukraine. According to President Akufo-Addo, “Economies have been plunged into recessions, businesses have collapsed, and lives and livelihoods have been ...
Read More »IMF bailout: E-Levy will not be scrapped – Ken Ofori-Atta
General News of Tuesday, 5 July 2022 Source: www.ghanaweb.com Finance Minister Ken Ofori-Atta Government approves E-Levy E-Levy fails to meet target after two months of implementation Ghanaians call for cancellation of E-Levy after govt approached IMF for bailout The Ministry of Finance has said the approval of a requested bailout from the International Monetary Fund will not lead to a cessation of the Electronic Transfers ...
Read More »Ghana’s Eurobonds record extended gains following IMF bailout announcement – Report
The International Monetary Fund Ghana to commence formal talks with IMF for economic bailout Ghana’s bonds trading at distress levels in more than six weeks Investors signal optimism in government’s decision to engage IMF Ghana’s dollar bonds recorded some extended gains for a second day due to increasing investor optimism in government’s decision to seek an economic programme from the International ...
Read More »Ghana targeting about US$3 billion under IMF programme – Finance Ministry
Business News of Tuesday, 5 July 2022 Source: www.ghanaweb.com The International Monetary Fund Ghana to hold talks with IMF for economic programme IMF team arrive in Ghana on July 5 President Akufo-Addo to address nation on IMF engagements The Government of Ghana is targeting about US$3 billion from the International Monetary Fund under an economic support programme. This was contained in a document ...
Read More »Akufo-Addo cuts sod for construction of 70km Manso-Huni Valley Railway Line
General News of Tuesday, 5 July 2022 The project is estimated to cost €500 million Manso-Huni Valley railway project to cost €500 million Manso-Huni Valley project to be Ghana’s highest single railway project Akufo-Addo government seeking to revitalize redundant railway sector President Nana Addo Dankwa Akufo-Addo on Monday, July 5, 2022, cut sod for the commencement of work on the development of ...
Read More »comAkufo-Addo orders Ofori-Atta to go to IMF
General News of Friday, 1 July 2022 Source: www.ghanaweb.com play videoClick Here to Watch in Twi The President has instructed the finance minister to commence engagement with IMF President of the Republic of Ghana, Nana Addo Dankwa Akufo-Addo has instructed the minister of finance to commence official engagements with the International Monetary Fund. This is contained in a statement issued by the Minister ...
Read More »Enforce regulations on illegal foreign exchange activity – Prof. Quartey to BoG
Business News of Tuesday, 28 June 2022 Source: www.ghanaweb.com Professor Peter Quartey, Economist and Director of Research ISSER-UG BoG cautions public against illegal foreign exchange activity Illegal forex trade contributing to market volatility – Prof. Peter Quartey Don’t price, advertise or trade in foreign currency without BoG authorization – Public cautioned Economist, Professor Peter Quartey, has pleaded with the Bank of Ghana to ...
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