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BoG Boss using DDEP as cover-up for his mismanagement – Mahama

Former President John Dramani Mahama, has suggested that the governor of the Bank of Ghana is using the Domestic Debt Exchange Programme (DDEP) as a smokescreen to mask his alleged mismanagement of the central bank. The NDC Flagbearer’s comment comes after the Bank of Ghana explained that GH¢53.1 billion out of the GH¢60 billion losses it posted in its 2022 …

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OSP discovers additional GHc2.7M, $590k at Cecilia Dapaah’s Abelemkpe residence

Searches conducted at the Abelemkpe residence of embattled former Sanitation Minister, Cecilia Abena Dapaah by the Office of the Special Prosecutor (OSP) revealed additional five Thousand United States dollars (US$590,000.00) and Two Million Seven Hundred and Thirty Thousand cedis (GHC2,730,000.00). Consequent to this and in line with further searches, the OSP has filed an originating motion at the High Court …

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We’re disappointed with your conduct on Niger crisis – NDC to Akufo-Addo

The largest opposition party National Democratic Congress (NDC) has expressed disappointment in how President Akufo-Addo is handling matters related to the coup in Niger.  In a statement, the NDC stated that it does not support committing gallant Ghanaian soldiers to any hasty ill-considered adventure. According to the NDC, they are of the firm conviction that constructive dialogue and tactful diplomacy must be pursued …

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You can’t lobby Mahama for running mate position – Julius Debrah

Former Chief of Staff at the Presidency, Julius Debrah has stated that former President John Mahama is not the kind of person one can lobby easily for a running mate position. This comes on the back of a number of interest groups and individuals mentioning his name as a possible running mate to former President John for the 2024 presidential …

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Cecilia Dapaah’s case: Police uncover luxury cars worth GHS600K

The police have successfully traced two new Honda Acura cars valued at over GH¢600,000 to individuals involved in the theft of significant sums of money and valuable items from the home of former Minister for Sanitation and Water Resources, Cecilia Dapaah. These cars are registered under the names of Christiana Achab, a trader, and Patience Botwe, a hairdresser. Both Achab and …

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World Bank report: Ghana ranks in Top 10 nations with highest food inflation, notes

Ghana is currently facing a severe food inflation crisis, as it ranks among the top 10 countries globally with the highest increase in food prices, according to a recent report from the World Bank. The report, titled “Food Security Update: World Bank Response to Rising Food Insecurity,” reveals that Ghana’s nominal food inflation (year-on-year) reached 54% as of May 2023, placing …

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Over GHC287m unaccounted for by Bank of Ghana – Ato Forson reveals

According to the Minority Leader, Dr. Cassiel Ato Forson, the Central Bank of Ghana spent a total of GHS287.833 million in the year 2022 but is unable to provide details of what the money was specifically used for. This claim was made during a press conference held at the headquarters of the National Democratic Congress (NDC) on August 8. Dr. Ato …

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