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We have release list of 200 paid clients to CID – Menzgold

Defunct gold dealership firm Menzgold has said it has released details of 200 clients it claims to have paid. But the list has been given to the Criminal Investigations Department (CID), Communication Director of Menzgold, Nii Armah Amarteifio has said. The claim of refunds to investors...

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Meet the Ghanaian who made the internet faster in the U.S

Victor B. Lawrence was born in 1945 in Ghana and a graduate of Achimota College. Lawrence attended the Imperial College of Science and Technology at the University of London where he received his B.Sc. degree in 1968, his M.S. degree in 1969, and his Ph.D. degree...

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Business

Greater Accra is most expensive region in Ghana, Ashanti among the cheapest — GSS

An analysis of the Ghana Statistical Service’s data on inflation for 2019 shows that Greater Accra was the most expensive region for consumers over the past 12 months. The country’s statistical agency which collects data on the changes in prices of food and non-food items on...

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Menzgold customers begin fresh push to retrieve locked up cash

Mr Fred Forson, spokesperson of the Coalition of Aggrieved Menzgold Customers, said they were ready to go all lengths to get their investments back from the gold dealership firm. He said customers across the country would converge in Accra next week and march to wherever they...

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Business

Deceitful Nduom should have been in jail – Fadi Dabbousi

Tough-talking staunch member of the New Patriotic Party (NPP) Fadi Dabbousi has opined that owner of defunct GN Bank, Paa Kwesi Nduom, would have been in prison were Ghana a different country for dissipating depositors’ money among others. The Lebanese-Ghanaian known for his strongly-worded articles has...

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Other states learning from our new Cedi notes idea – BoG to Mahama

The Central Bank has reacted to claims by former President John Mahama that it did not follow proper procedure in introducing new notes to the country’s currency mix. “The public was ambushed. One day we just got up and they said they are introducing new notes....

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BoG reacts to Mahama’s comment about new GH¢100, GH¢200 banknotes

The Bank of Ghana has said the introduction of the new higher denomination banknotes it issued recently was the result of a well-thought-out currency reform programme. The central bank is reacting to a comment by former President John Mahama that the introduction of the new notes...

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Asantehene @20: Bank of Ghana to issue gold coins

The Bank of Ghana (BoG) is preparing to issue gold coins to commemorate the 20th anniversary of the Asantehene Otumfuo Osei Tutu II, theghanareport.com has learned. It is also to mark the birthday of the Asantehene who turns 70 on May 6th, 2020. The coin is expected to be...

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Business

BANKING SECTOR GROWTH; AKUFO-ADDO DESERVES COMMENDATIONS.

BANKING SECTOR GROWTH; AKUFO-ADDO DESERVES COMMENDATIONS. There is no point cosmeticising the depression the banking and financial sector went through under the NDC. The sector hit rock bottom under the eight years of NDC rule. The sector was run aground with no hope of resurrection at...

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Business

Monitoring and Evaluation Ministry not for ‘name and shame’ – Akoto Osei

Minister of Monitoring and Evaluation Dr. Anthony Akoto Osei has dispelled suggestions that his ministry is not living up to its mandate, therefore failing to police and whip other sector ministries and agencies in line to deliver on government’s promises. According to Dr Akoto Osei, who...

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NPP intends to setup a National Development Bank – Rawlings claims

Former President Jerry John Rawlings has announced that the incumbent New Patriotic Party (NPP) has plans to establish a National Development Bank for their selfish gains. Making this shocking revelation at the commemoration of the 31st December 1981 coup d’état in Winneba, the founder of the...

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VIDEO : “Ghana is heaven, I feel like I belong here” – US Actress Yandy Smith [Video]

American actress Yandielle Unique Smith, better known as Yandy Smith is full of praise for Ghana after participating in the Year of Retun 2019.   Speaking to GhanaWeb TV, she said Ghana is home and she feels like she belongs here. ” oh my God this...

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Ghana is my home, my motherland – Rick Ross

Rick Ross is in love with Ghana after arriving few days ago. He said Ghana is his home and his motherland. Rozay was escorted by a lot of motorbikes on his way to perform at the Dety rave concert in Accra yesterday by the Ghanaian youths....

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Business

Year of Return: Gabby Otchere-Darko begs traders to be considerate with pricing diasporans

A leading member of the New Patriotic Party (NPP), Gabby Asare Otchere-Darko has pleaded with Ghanaian traders not to overcharge diasporans who have returned home to celebrate the Year of Return initiative launched by President Akufo-Addo. According to him, the pricing attitude of both traders and...

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Business

Govt secures funding to build houses for teachers

The Deputy Education Minister, Dr Yaw Adutwum, has revealed that the government is set to build housing facilities for teachers. According to him, the government is securing funds from Kuwait to facilitate the project. Speaking on Newsfile on the JoyNews channel he said that “we need...

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WE’RE DETERMINED TO JOIN IVORY COAST,OTHERS IN ADOPTION OF ECO CURRENCY- GOVT

The Government of Ghana has commended the eight West African countries which have committed to using a common currency, the ECO, from 2020. In a statement from the Presidency, the government said the move will further boost efforts towards integration in the sub-region. “It is a...

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AngloGold pours first gold at Obuasi after 5 years

AngloGold Ashanti Ghana Limited has poured its first gold from the Obuasi Gold Mine. This signals the successful redevelopment of the mine into a modern, mechanized mining operation since mining activities were suspended five years ago. The Obuasi Redevelopment Project, which seeks to access Obuasi’s 30-million-ounce...

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Buy land and invest in Ghana – Akon to African-Americans

Akon, born Aliaune Damala Badara Akon Thiam, stated that he was investing everything in Africa because “that’s home”, adding “that’s where everything needs to be invested because you will get your investment back.” When host of Capital XTRA Mammy Norte informed him his folks hailed from...

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Akon praises Prez Nana Addo as he lands in Ghana

Aliaune Damala Bouga Time Puru Nacka Lu Lu Lu Badara Akon Thiam mostly known Akon asked a very touching question when he landed in Ghana which seeks to praise President Nana Addo. Mostly, Africans and some of their countries fancy living lavish lifestyles and putting up structures that...

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Year Of Return: Akon arrives in Ghana

Senegalese born American singer, songwriter, record producer, philanthropist and entrepreneur, Akon has arrived in Ghana. Born Aliaune Damala Bouga popularly known as Akon arrived for the much-publicized Year of Return program. SEE ALSO: Beyonce, Jay Z, and their daughter, Blue Ivy arrive in Ghana (Photos) From what...

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Year of Return – Diaspora personalities arrive for Otumfuo’s Award

A host of high-profile personalities from the African diaspora have arrived in Ghana for the maiden Africa Premier Leadership Awards, to be held at the Manhyia Palace in Kumasi on Sunday, December 29, 2019. The event is dedicated to the Asantehene Otumfuo Osei Tutu II who...

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I’ll pay 100% of your locked-up funds – Akufo-Addo to clients of collapsed fin. firms

microfinance firms, savings & loans companies, finance houses, and fund managers – will have a full refund of their locked-up deposits and investments, President Nana Akufo-Addo has said. “Thus far, the Ministry of Finance and the Bank of Ghana have worked together to guarantee payments of...

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Year of Return has branded Ghana well – Ablakwa

North Tongu Member of Parliament, Samuel Okudzeto Ablakwa, has praised the government for it’s Year of Return declaration. According to him, the initiative has placed the country in the good graces of Africans in the diaspora and raised the reputation of the country. “It’s branded Ghana...

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Business

West Africa renames single currency but pegged to Euro

Eight West African states make a historic reform as countries have agreed to name Eco as its common currency and cut the CFA franc’ link. The CFA franc was initially pegged to the French franc and has been linked to the euro for about two decades....

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N/R Rice Millers Call For Credit Support Amid Increased Demand

Rice Millers in the Northern Region are calling for credit support to help upgrade their equipment in order to meet the growing demand for Ghana rice. An ongoing campaign for the consumption of locally produced rice has increased demand, especially as this Christmas season. But the...

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Osafo-Maafo’s surcharge suit takes shape

Senior Minister Yaw Osafo-Maafo’s attempt, to have a decision by Auditor General Daniel Domelevo to surcharge him and four others over $1 million paid to Kroll and Associates Limited set aside, is gathering momentum. Information reaching Daily Guide indicates that the Auditor General has been served...

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We can’t help you pay your clients – Kwame Akuffo & Co Unlimited to NAM1

Kwame Akuffo & Co Unlimited, the law firm representing Menzgold, has distanced themselves from the payment plan announced by the embaattled gold firm on Wednesday, 18 December 2019. Menzgold in a statement said payment will be done through their lawyer since they do have access to...

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We cannot pay your customers – Menzgold lawyers reject instruction

Lawyers for defunct gold dealership firm, Menzgold say they are unable to undertake the payment of customers as instructed by the company. On Wednesday, Menzgold announced that it was commencing payment of customers from Friday, December 27, 2019, for a 36-month period. The company made this...

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I didn’t hear family & friends ‘noise’ when Ofori Atta was raising 2016 campaign funds – Akufo-Addo

President Akufo-Addo has defended the appointment of his cousin Ken Ofori Atta as Finance Minister asking why his critics were silent when the same was leading fundraising efforts during the 2016 elections. The president was responding to critics, led by the opposition National Democratic Congress who...

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Shama District to get cassava processing factory under 1D1F

Plans are afoot for the setting up of a cassava processing factory under the One District One Factory initiative in Shama, District Chief Executive Joseph Amoah has disclosed to a gathering at a ceremony to mark the 35th edition of the Farmers’ Day Celebration at Nyankrom...

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