The Minister of Finance, Dr. Cassiel Ato Baah Forson, inaugurated the new board on Monday [May 19, 2025], The minister described the body as a strategic vehicle for achieving effective currency management and bolstering the country’s economic resilience. Members on the board are; 1. Mr. Kojo Fynn – Chairperson 2. Mr. Samuel Gyamfi – Ag. CEO of the Gold Board / Member 3. Hon. Emmanuel Armah Kofi Buah – MP, Minister for Lands and Natural Resources / Member The Minister responsible for Mines or a representative of the Minister responsible for Mines, not below the rank of a Director, nominated…
Author: nkqwezi
An activist of the New Patriotic Party (NPP), P.K. Sarpong, has criticized President John Dramani Mahama for what he describes as an inappropriate fascination with Ibrahim Traoré, the military leader of Burkina Faso. He contends that it is surprising for a democratic leader to consistently associate with a military figure. Sarpong’s remarks came after a significant government delegation attended the unveiling of a statue of the former military leader of Burkina Faso, Captain Thomas Sankara, over the weekend. Questionable alliance In a Facebook post that sparked outrage among many Ghanaians, Sarpong challenged Mahama to explain his intentions behind this questionable…
Controversial fetish priest turned evangelist Mama Pat, also known as Agradaa, has claimed that she used a spiritual oil from Israel to charm Sammy Gyamfi into giving her U.S. dollars. While delivering a sermon at her Heaven Way Champion International Ministry in Accra on Sunday, the evangelist asserted that it was not coincidental that Gyamfi, the Chief Executive Officer of the Ghana Gold Board (GoldBod), met with many people at the event but chose to specifically hand her the money. “What makes me special is the lucky oil. And that lucky oil is from Israel,” Agradaa boasted. Spiritual power She…
KGL Group is on track to fulfill its commitment to constructing a state-of-the-art mental health facility in Kumasi to serve the northern zone of the country. This project is being undertaken in collaboration with Asantehene Otumfuo Osei Tutu II. The sod-cutting ceremony took place in February 2025, and work is progressing steadily. Expected to be completed within 12 months, it will provide comprehensive mental health services to address the growing needs of the Ashanti region and beyond. Commitment to Asanteman This initiative is part of KGL Group’s ongoing commitment, through its foundation, KGL Foundation, to raise mental health awareness and…
President John Dramani Mahama has announced that Vice President Prof. Naana Jane Opoku-Agyemang is expected to return to Ghana by the end of next week. The Vice President is currently in the United Kingdom receiving medical care following a brief illness. Speaking during a durbar at the Old Ghanata Astroturf in Dodowa as part of his ‘Thank You Tour’ on Friday, May 16, President Mahama shared an update on her condition. “I bring you greetings from H.E. the Vice President, Prof. Naana Jane Opoku-Agyemang. I’m happy to state that I spoke to her on Thursday, May 15, and she will…
President John Dramani Mahama has assured Ghanaians that more positive developments will be announced in the mid-year budget review, set to be presented in August. Speaking about the government’s efforts to stabilise the economy at a durbar in Wa as part of his thank-you tour on Thursday, May 15, Mahama expressed confidence that the country is on the right path. Since taking office, Mahama said the government’s primary focus has been on stabilising the economy. He explained that the budget presented to Parliament in March this year was designed to drastically reduce expenditure while directing saved revenue into priority areas,…
The Ghana Immigration Service, in a major swoop, has picked up over 2,241 foreign beggars from various strategic locations in Accra. The operation resulted in the apprehension of 384 adult males, 525 adult females, 577 male children, and 755 female children from eleven locations across the capital. Speaking at a press briefing on Friday, May 16, the Head of Public Relations, Michael Amoako-Atta, announced that buses have been made available to transport the individuals back to their respective countries after profiling is completed. The swoop, which was conducted on Friday morning, targeted areas such as Kotoka International Airport, Madina, Kaneshie,…
When Kylian Mbappe finally left Paris St-Germain last summer, many expected both parties to move swiftly on after one of football’s longest-running transfer sagas finally came to its conclusion. An ongoing legal dispute, though, has continued to sour relations between the forward and his hometown club for the best part of a year. Specifically, the Real Madrid striker is claiming 55m euros (£46.3m) in unpaid wages from the Ligue 1 champions. This sum, plus tax obligations, was frozen from the club’s accounts by a Paris court following a request by Mbappe’s legal team last month. Central to the contention is…
The Ministry of Energy and Green Transition has disclosed that it urgently requires GH₵1.1 billion to purchase liquid fuel for power generation, warning that existing fuel reserves are expected to run out in just 2.6 days. The funding shortfall comes against the backdrop of a GH₵2 billion monthly deficit in the energy sector, a situation largely blamed on the Electricity Company of Ghana’s (ECG) inability to collect sufficient revenue. Addressing the Parliamentary Energy Committee during a meeting with various stakeholders on Thursday, May 15, Minister John Jinapor raised alarm over the precarious state of the sector’s fuel supply. “The fuel…
The concept of credit scoring has evolved significantly from its inception in the 1950s by Bill Fair and Earl Isaac (creators of the FICO score system, discussed much later in this article) to today’s advanced algorithms incorporating alternative data. A credit score is a three-digit number that rates your creditworthiness — essentially, it answers the question: how consistently do you repay your debts? Even in non-formal settings, individuals who lend to family and friends are typically interested in the borrower’s borrowing history. If you ever avoided further lending to a frequent borrower, then that person must have rated poorly in…