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PIAC accuses government of diverting oil money

The Public Interest and Accountability Committee (PIAC) last Friday, disclosed that monies earmarked for developmental projects from Ghana’s oil funds, are being diverted to pay salaries. “Oil monies have been allocated for projects, we get to the grounds and the projects are not there,” PIAC’s Vice Chairman, Kwame Jantuah, bemoaned on Morning Starr. “We are […]Read More
General Politics

Bugri Naabu quits politics

Former Northern Regional Chairman of the New Patriotic Party (NPP), Mr. Daniel Bugri Naabu is officially quitting politics as he is set to be enskinned as a chief in his hometown on Saturday, June 29, 2019. Bugri Naabu who is a member of NPP’s Council of Elders is also expected to abdicate his position after […]Read More

Hohoe Assembly members demand removal of MCE

Some members of the Hohoe Municipal Assembly are calling for the removal of the Chief Executive, Andrews Teddy Ofori, for what they say is his abysmal performance since his appointment. The assembly members allege that the MCE has been using the Assembly’s Pick-up vehicle in his farm when various departments and officials need a vehicle […]Read More

NIC hikes minimum capital

Once again, a regulator of the financial sector has acted. This time it is not the Bank of Ghana (BoG) but the National Insurance Commission (NIC)—the watchdog of insurance companies in the country. Like its sister regulator—BoG—it has increased the minimum capital of the industry, a move that is sure to hurt local insurance companies. […]Read More

Prof. Afful-Broni’s letter ruined my weekend

The letter Prof Afful-Broni, the Vice Chancellor of the University of Education (UEW) wrote to “dismiss” Prof Augustine Nwagbara – referred to by many on social media as that “Nigerian professor inciting Nigerians against Ghanaians”- is exactly why Prof Nwagbara said that ghana university education is poor. Reverend Father Prof. Anthony Afful-Broni’s letter ruined my […]Read More

Is Mahama saying NDC is honest and NPP is not?

Some of us skimmed through Ex-President Mahama’s speech during the NDC’s 27th-anniversary lecture with unbelievable horror and extreme incredulity (see: ‘We are not the same as the NPP; we stand by the truth – Mahama; yen.com.gh/ghanaweb.com, 23/06/2019). The former president is reported to have poured his heart out: “We are not the same as the […]Read More

BoG cleansing, CUA safe

Mr. Gilbert Bene-Pewudie, Volta Regional Manager of the Ghana Cooperative Credit Union Association (CUA) Limited has said the Association remained solid and would not fall victim to the Bank of Ghana’s financial sector cleansing. He, therefore, asked members of the Association to stop the panic withdrawals and help the Association to grow stronger. Mr Bene-Pewudie Read More

Gold gains to near highest since 2013

Gold’s bullish momentum has rolled into a new week. Prices extended their advance above $1,400 an ounce, near the highest level since September 2013, after the Federal Reserve and other central banks turned more dovish on monetary policy. This, combined with planned U.S. sanctions against Iran, as well as the coming meeting between the U.S. […]Read More