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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BoG justifies $250m new HQ; says current office cannot withstand earthquakes
The Bank of Ghana (BoG) has justified the construction of a new headquarters, insisting that its current head office, built in the 1960s, is no longer fit for purpose. The National Democratic Congress (NDC) at a press conference on Tuesday, August 8, accused the Bank of Ghana of building a new head office at an alleged amount of $250 million. …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Why take a bailout of 3 billion and make a loss of 6 billion – NDC query
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Read More »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 …
Read More »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 …
Read More »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 …
Read More »Only mature thinking halts the cycle of endless coup d’états – Nyaho Nyaho Tamekloe
Dr. Nyaho Nyaho Tamekloe, a prominent figure in the New Patriotic Party (NPP), has attributed the recurrent instances of coup d’états in Africa to a dearth of mature leadership. He contends that unless African leaders adopt a more mature and thoughtful approach, coup d’états will continue to plague the continent. The seasoned politician cited the recent coup in Niger on July 26, …
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