The Minister for the Interior, Hon. Mohammed Muntaka Mubarak, on Thursday warmly received the United States Ambassador to Ghana, H.E. Virginia Palmer, as part of her farewell engagements marking the end of her diplomatic tenure in the country. During the courtesy visit at the Ministry of the Interior in Accra, the two leaders held discussions…
A Kumasi High Court has handed down a life sentence to Dominic Afriyie, also known as GH, a notorious armed robber, for the murder of a 43-year-old pharmacist and building contractor, Michael Dela Agbo Klu. Afriyie also received an additional 120 years with hard labour for two counts of robbery. The sentencing follows Afriyie’s conviction…
Coinbase, one of the world’s largest cryptocurrency platforms, has revealed it could face losses of up to $400 million (£301 million) following a recent cyber attack. According to a company blog post, the attackers gained access to less than 1% of customer data by targeting Coinbase contractors and employees with illicit payments. The hackers then…
Ghana has exceeded the reserve target outlined in its programme with the International Monetary Fund (IMF), marking a significant milestone in the country’s economic recovery efforts, according to the First Deputy Governor of the Bank of Ghana (BoG), Dr. Zakari Mumuni. Speaking in an interview with Joy News on Thursday, Dr. Mumuni highlighted that the…
The Bank of Ghana (BoG) has announced plans to commemorate the 60th anniversary of the Ghana Cedi on July 19, 2025. This milestone marks six decades since the cedi replaced the Ghanaian Pound in 1965, becoming the country’s sole legal tender. In a statement issued on May 13, the central bank emphasized the significance of…
Isaac Adongo, a board member of the Bank of Ghana (BoG), has announced upcoming measures to significantly tighten restrictions on over-the-counter US dollar withdrawals from banks and other financial institutions. The move is aimed at stabilizing the local currency and curbing speculative activity. Currently, individuals can withdraw limited amounts of dollars if they provide valid…
The government has issued a firm directive requiring all owners and operators of excavators to register their equipment with the Driver and Vehicle Licensing Authority (DVLA) within two weeks. Failure to comply will result in the confiscation of unregistered machinery starting June 1, 2025. The Chief Executive Officer of the DVLA, Julius Neequaye Kotey, announced…
The Minister for Trade, Agribusiness and Industry, Elizabeth Ofosu-Adjare, has assured Ghanaians that prices of goods and services are expected to see a significant decline within the next 60 days, following the recent appreciation of the Ghana cedi against the US dollar. Speaking at a meeting in Accra with the leadership of the Ghana Union…
Presidential Spokesperson Felix Kwakye Ofosu has confirmed that no additional disciplinary measures will be taken against the Acting Chief Executive Officer of the Ghana Gold Board, Sammy Gyamfi, following his recent public apology. Speaking at a press briefing held at the Jubilee House in Accra on May 14, Mr. Ofosu stated that Sammy Gyamfi has…
The Minister for Trade, Industry, and Agribusiness, Elizabeth Ofosu-Adjare, has stated that the government cannot mandate price reductions despite recent improvements in the macroeconomic environment, including the strengthening of the Cedi and declining inflation. Speaking after a closed-door meeting with key business stakeholders — including the Ghana Union of Traders Association (GUTA), the Association of…
