The Ghanaian Cedi has crossed the GH¢16 mark against the US Dollar on the currency retail market. A survey conducted by the Citi Business News team at various forex bureaux and banks in Accra revealed that the dollar is being sold at rates ranging from GH¢15.95 to GH¢16.20. This development occurs as the International Monetary...
Category: Business
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No Peace Deal Until 2020 Election Violence Perpetrators Face Justice- Asiedu Nketiah
The National Democratic Congress (NDC) has reaffirmed its stance on not signing a peace agreement for the upcoming December elections unless the recommendations of the investigative committee on the 2020 electoral violence are implemented. Despite appeals from the Peace Council, NDC National Chairman Johnson Asiedu Nketiah emphasized during a campaign rally in Agormanya that the...
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Non-performing loans: Pay your debts – GCB Bank MD to Ghanaians
Managing Director of GCB Bank PLC, John Kofi Adomakoh, has expressed concern over the rising culture of loan defaults among Ghanaians, which he says is significantly contributing to the surge in non-performing loans (NPLs) within the banking sector. At its 119th Monetary Policy Committee press briefing, the Bank of Ghana disclosed that the industry’s NPL...
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Peasant Farmers Reject Grain Export Ban
Peasant Farmers Association is not pleased with the ban on the export of key grains, including maize, rice, and soybean. The association says the government took the decision without the input of farmers. The concern comes after the Minister for Food and Agriculture, Bryan Acheampong, announced a ban on these grains. According to him, this...
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NHIA Releases GH₵1 Million for Free Dialysis Program
The National Health Insurance Authority (NHIA) has disbursed GH₵1 million to six hospitals under the free dialysis intervention program. The payment covers advance funding for September and arrears for July and August 2024. Key Beneficiaries: – Komfo Anokye Teaching Hospital (KATH): GH₵186,670.00 – Cape Coast Teaching Hospital (CCTH) – Efia Nkwanta Regional Hospital (ENRH) –...
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Akufo-Addo Sounds Alarm: Mahama’s Return Spells Doom for Ghana’s Development
President Nana Addo Dankwa Akufo-Addo has issued a stark warning to Ghanaians, urging them to reject John Dramani Mahama and the National Democratic Congress (NDC) at the polls on December 7. Speaking at the sod-cutting ceremony for the expansion of the Tema Motorway, President Akufo-Addo urged Ghanaians to reject Mahama and the NDC at the...
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NEDCo warns public against fake meters after major seizure in Sunyani
The Northern Electricity Distribution Company (NEDCo) has issued a public alert concerning the circulation and sale of counterfeit energy meters within its operational areas. This warning follows the confiscation of over 200 sub-standard meters by the Ghana Police Service during a routine inspection on the Kenyase-Atronie road in the Sunyani Metropolis. The meters, believed to...
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Resetting Ghana: It’s Not Just the Economy – Mahama
Former President John Dramani Mahama, the NDC flagbearer, has clarified that his call for a “reset” goes beyond economic reforms, encompassing a transformation of societal attitudes and a overhaul of Ghana’s governance structure. This response comes after Dr. Mahamudu Bawumia, the NPP flagbearer, criticized Mahama’s “reset” agenda, prompting the former President to elaborate on his...
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NDC Seeks Urgent Talks with Electoral Commission Over Voter Exhibition Discrepancies
The National Democratic Congress (NDC) has sounded the alarm over irregularities in the voter exhibition exercise, seeking an immediate meeting with the Electoral Commission (EC) to resolve the issues and ensure the integrity of the electoral process. The main opposition party has called a meeting to address grave concerns over significant discrepancies uncovered during the...
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Ghana Card: NIA to pilot registration of Ghanaians abroad in Ottawa Canada, other states
The Executive Secretary of the National Identification Authority (NIA) has said that his outfit is ready register Ghanaians living in other countries. The exercise is in accordance with the NIA Act, 2008 (Act 750). According to Prof. Ken Attafuah, a 10-member team will travel to Ottawa, Canada to begin the piloting of the exercise and...