Former 2nd deputy Governor of the Bank of Ghana, Dr. Johnson Asiama has indicated that should government had followed up on engagements and correspondents he had had with now distressed gold trading for Menzgold, the issue would have been resolved by the end of 2017. According to him, he had engaged the leadership and management […]
RE: RECKLESS STATEMENTS BY MR. OMARIE WAADIE, 3RD NATIONAL VICE CHAIRMAN OF NPP ON JOY NEWS LINKING ME, JOHNSON P. ASIAMA (DR.) TO THE MENZGOLD ISSUE My attention has just been drawn to a panel discussion that took place on JoyNews Live at around 18:30hrs today (January 16, 2019). In the said discussion, Mr. Omarie […]
Last week the statutory regulator of the banking sector, the Bank of Ghana closed down two additional universal banks and announced 23 banks as fit for operating in the country. Michael Osei Owusu (Senior Banker) discusses the counterfactual and examines whether it was necessary to scale up the minimum capital requirement to GHC400 million. Specifically, […]
I wish to call on the Economic and Organized Crime Office (EOCO) to investigate and prosecute Hon Ken Ofori Atta, Minister of Finance, Dr. E. Y. Addison, Governor of Bank of Ghana and Rev. Ogbamey Tetteh, Director General of the Securities and Exchange Commission (SEC) for their various and joint roles in inciting panic withdrawals […]
By Selorm GBORBIDZI, Accra Despite assurances by the Minister of Finance, Ken Ofori-Atta that workers of the now defunct UT and Capital Banks would be paid, the workers are still yet to receive their benefits. The workers, who number about 1200, in a press statement signed by the their representatives Phillip Yawson and Raymond Addai […]
In the last two years, the President and his dependable Vice President have worked so hard to fulfill many of the promises they made to the Ghanaian people. The facts from various sectors of the economy confirm this conclusion. The economy under President Akufo-Addo has witnessed significant growth in all sectors. Ghana in 2017 recorded […]
The Ministry of Finance has rebutted media reports that the Eva Mends, the immediate past Director of Budget at the Ministry has been kicked out from her position. News was rife during the week about the removal from office of Madam Mends who is said to be one of the wives of the late ruling […]
Government has released an amount of Fourteen Million, One Hundred and Seventy Two Thousand, Three Hundred and Thirteen Ghana Cedis twenty three pesewas for the payment of outstanding transfer grants and other allowances of staff of the Ghana Education Service. A letter signed by the Minister for Finance Ken Ofori-Atta and addressed to the Controller […]
Economist Professor John Gatsi is pushing for the injection and restoration of liquidity into the banking and financial sector in order to realize the impact of the banking sector reforms embarked upon by government. According to him, the core purpose of banking sector reform is not about reducing the number of banks from 33 to […]
The Minister of Finance, Mr. Ken Ofori-Atta, has charged the Ghana Revenue Authority (GRA) to take steps to recover all outstanding tax liabilities and tax debts owed government by businesses and taxpayers before close of the year. A statement issued by the Office of the Commissioner General of GRA charged the GRA Board to take […]
Board Members of the Ghana Revenue will henceforth join officials of the Authority during visitations to various businesses to recover outstanding taxes that have not been paid. The move comes on the heels of a directive by the Minister for Finance, Ken Ofori Atta to the Board to take steps to directly partner the management […]
Government has announce the allocation of 180 million Ghana Cedis to the office of the special prosecutor. Finance Minister, Ken Ofori Attah while delivering the 2019 budget and government economic policy statement in Parliament today, said government considers the office of the special prosecutor as a major priority in the fight against corruption. He said […]
