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The Bank of Ghana has come under intense scrutiny over the past weeks following allegations of it writing off over GH¢40 billion it lent the Nana Addo Dankwa Akufo-Addo government by the minority caucus of the Parliament of Ghana. The vice president of IMANI Africa, Bright Simons has also alleged that the central bank is paying its independent directors US$8,000 (GH¢86,000) each month. Now, US-based Ghanaian …

The Speaker of Parliament, Alban Sumana Kingsford Bagbin, has called for a concerted effort among stakeholders to formulate a national policy to adopt a local language as the country’s official language. He described Ghana’s current official language – the English language as another man’s language, saying; “no society develops with the language of another society”. Mr Bagbin said: “That is …

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 …