Month: July 2023

CBG Customers To Embark On Massive Demo Over Appointment Of Kenyan As Deputy Managing Director

CBG Customers To Embark On Massive Demo Over Appointment Of Kenyan As Deputy Managing Director

Information reaching our news desk indicates that concerned customers of Consolidated Bank of Ghana(CBG) are set to embark on a massive demonstration to demand immediate removal of a Kenyan, Thairu Ndungu as Deputy Managing Director of Operations of the Bank According to the concerned customers, they can't sit down unconcerned to allow CBG to collapse against after suffering fee years ago as a result of collapsed bank which led to the establishment of Consolidated Bank of Ghana. A cross section of Customers of CBG planned demonstration follows alarm raised by Hon. Isaac Adongo, the NDC MP for Bolgatanga Central who…
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Trouble Brews In Consolidated Bank Of Ghana Over Appointment Of Kenyan As Dep. Director

Trouble Brews In Consolidated Bank Of Ghana Over Appointment Of Kenyan As Dep. Director

The New Trust Newspaper has gathered that there's uneasy tension in the Consolidated Bank Of Ghana (CBD) over the appointment of a Kenyan, Thairu Ndungu as Deputy Managing Director-Operations CBG. CBG is an Indigenous Ghanaian Universal Bank wholly owned by the Government of Ghana and licensed by the Bank of Ghana under the Specialized Deposit-Taking Institutions Act, 2013 (Act 930). With a corporate head office located in Accra, Ghana’s capital and largest city, CBG has about 114 branches spanning 13 regions across the country. It would be recalled that few days ago, the NDC Member of Parliament (MP) for Bolgatanga…
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COP Kofi Boakye Was A Polling Agent And EC Official For JM In Ashanti Region- Chairman Wontumi

COP Kofi Boakye Was A Polling Agent And EC Official For JM In Ashanti Region- Chairman Wontumi

Instead of concentrating on his official duties as a police officer, Nathan Kofi Boakye used to operate as “polling agent” and “EC official” for former President John Dramani Mahama, the Ashanti regional Chairman for the New Patriotic Party (NPP) has disclosed. Mr. Bernard Antwi-Boasiako stated in an interview on Wontumi TV that due to the presence of Commission of Police (COP) Kofi Boakye (retired) in Ashanti region, the National Democratic Congress (NDC) became boisterous and over confident they could do whatever it takes to rake in 1 million votes in the region. “He (Kofi Boakye) was almost like the polling…
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Kidi Reveals Profound Self-Reflection During Hiatus, Says ‘I’m A Different Person Now’

Kidi Reveals Profound Self-Reflection During Hiatus, Says ‘I’m A Different Person Now’

Ghanaian musician KiDi has recently opened up about the significant changes he has experienced in his life since he took a break from his music in March earlier this year. During a candid conversation with Andy Dosty on Daybreak Hitz, KiDi opened up about the valuable moments of introspection he experienced during his break from music. The focal point of his introspection was around his approach to handling trolls and false information spread on the internet. KiDi revealed that his time away from the spotlight has led to a profound shift in his mindset. He stated that he has evolved as a person and is…
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Tema: GPHA Denies Claims That Marine Police Were Chasing The Fishermen

Tema: GPHA Denies Claims That Marine Police Were Chasing The Fishermen

The Ghana Ports and Harbour Authority (GPHA) has denied reports that the fishermen who died after they were said to have clashed with Marine Police were being chased by the Police.   Public Relations Officer of the GPHA Abena Serwah Ofosu said the Police only seized the fishing net of those who were arrested. She told TV3 on the News 360 on Thursday, July 27 that “they allege that they were being chased, why were they being chased because even those that were being caught inside at the port, they were not arrested, we only seized their nets from them…
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Ghana To Reach Debt Deal With External Creditors In Quarter 2, 2024 – Fitch Solutions

Ghana To Reach Debt Deal With External Creditors In Quarter 2, 2024 – Fitch Solutions

Fitch Solutions believes that Ghana will reach a debt deal with its external creditors in the second half of 2024. According to the UK-based firm, this should provide tailwinds to the exchange rate and further limit imported price pressures. “Indeed, we believe that Ghana will reach a debt deal with its external creditors in H224 [half-year 2024], which should provide tailwinds to the exchange rate and further limit imported price pressures”. It added that real Gross Domestic Product growth will remain well below trend on the back of fiscal consolidation efforts under the IMF programme. However, the Central Bank will…
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World Bank, IMF Partly Responsible For Ghana’s Economic Woes – Dr. Yamson

World Bank, IMF Partly Responsible For Ghana’s Economic Woes – Dr. Yamson

Economist, Dr. Ishmael Yamson, says the World Bank and the International Monetary Fund are partly responsible for Ghana’s current economic situation. According to him, the Bretton-Wood institutions watched on as the government went on a borrowing spree without reprimanding it and putting a stop to the behavior. He said their annual reports warning of a debt distress were not enough as they should have rather threatened to impose sanctions if their warnings were not heeded. He stated that their failure to effectively play their oversight role on the country’s economy is partly responsible for the nation’s debt distress situation. “I…
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‘I Have Written To The President On How To Use World Cup Money’ – Sports Minister

‘I Have Written To The President On How To Use World Cup Money’ – Sports Minister

The Minister for Youth and Sports, Mustapha Ussif, has confirmed his ministry have formally requested confirmation from the Office of the President, on how to use Ghana’s participation fee from the 2022 World Cup. The GFA, earlier this week received the $9 million cash allocation from FIFA, as part of their participation in Qatar. The Sports Ministry at a press conference revealed they intend to apply ‘precedent’ in their usage of the money, with the funding of preparations for Afcon 2023 and rehabilitation of sports infrastructure at Prampram as highlights. But President Akufo-Addo will need to grant the ministry and…
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Ghanaian Female Footballers Urged To Practice Safe Menstrual Hygiene

Ghanaian Female Footballers Urged To Practice Safe Menstrual Hygiene

President of Soccer for Dreamers, a Non-Governmental Organisation in the United States, Sylvia Akwaboah, has urged female footballers to practice safe menstrual hygiene to stay healthy. The organisation, in partnership with the Ghana Football Association donated football gear and menstrual cups to female teams who were participating in the Women’s Regional Championship in Kyebi, Eastern Region. As part of the donation, a menstrual cup talk was held to educate the footballers on the need to practice safe menstrual health. Speaking during the session, Madam Akwaboah said “It is important to practice safe menstrual hygiene, I think sometimes as women we forget the…
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Barcelona Provisionally Cleared To Play In Champions League

Barcelona Provisionally Cleared To Play In Champions League

Barcelona have been granted provisional clearance to participate in the 2023-24 Champions League despite an ongoing Uefa investigation into allegations of payments made to a referees’ chief. The probe was initiated following claims that Barcelona made financial transactions to influence refereeing decisions in their favour. In March, Uefa confirmed their examination of these allegations, and the matter gained further attention after the Barcelona public prosecutor’s office launched a criminal investigation on the same grounds. It was alleged that Barcelona had paid an amount of 8.4 million euros (£7.4 million) to Jose Maria Enriquez Negreira, the former vice-president of Spain’s referees’…
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