Business

30

Mar

By WMN

Business, News

There should be an enhanced harmonious relationship between Bank of Ghana (BoG) and Finance Ministry (MoF) – IERPPT

Prof. Isaac Boadi, Executive Director, of the Institute of Economic Research and Public Policy (IERPPT) and the Dean, Faculty of Accounting and Finance calls for an enhanced harmonious relationship between Bank of Ghana (BoG) and Finance Ministry (MoF). His assertion is based on the recent simultaneous occurrence of a policy rate hike (from 27% to 28%) by BoG and a sharp decline in 91-day Treasury bill rates (from 29% to 15%). In Ghana, the Treasury bill (T-bill) auction market is jointly managed by the Bank of Ghana (BoG) and the Ministry of Finance (MoF), but their roles differ. The Ministry of Finance (MoF) in Ghana plays a central role in shaping the government’s short-term borrowing strategy through Treasury…

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30

Mar

By WMN

Business, News, Politics

Plot to Pick up and Detain Adom-Otchere, Oppong Nkrumah, others, Thickens

The National Investigations Bureau, NIB, has penned down a long list of former appointees to be picked up in Rambo-style in the weeks ahead. Sources within the NIB have informed Whispers Media Network that these appointees may face charges to demonstrate authoritative power. “The charges to be preferred are non-existent ones. This is to show them where power lies and to keep in the minds of Ghanaians that the NPP was more corrupt than the NDC’’ one source stated. The targeted individuals are Paul Adom-Otchere, Kwadwo Oppong Nkrumah, Patrick Boamah, Kofi Ofosu Nkansah, Andrew Egyapa Mercer, Abena Osei Asare and…

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29

Mar

By WMN

Business, News, Politics

Kwaku Azar, Ama Governor, behind 2 of 3 petitions for the removal of CJ

  Information available to Whispers Media Network from a deep throat within the corridors of power has disclosed two of the personalities who have petitioned President John Dramani Mahama to remove the Chief Justice, Gertrude Torkornoo. The source states that Professor Kwaku Asare, popularly known as, Kwaku Azar is one of the petitioners. His petition, according to our source, contains the same facts of the very matters he presented to President Akufo-Addo in 2024 which was subsequently dismissed for not meeting the required threshold. Ama Governor is another petitioner who seeks the impeachment of the Chief Justice for stated ‘crimes’…

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26

Mar

By WMN

Business, Featured, News, Politics

Hypocrisy of Mahama Exposed as BoG Governor Hints of Global Factors Likely to Affect the Economy

Governor of the Bank of Ghana, Johnson Asiamah, has given the strongest indication of Ghana’s economy being affected by extraneous factors this year despite measures being adopted to strengthen it. According to the Governor, global factors could have spillover effects on inflation, capital flows and exchange rate stability in the 2025 fiscal year. This admission by the Governor is a wide departure from the positions held by then candidate John Mahama and the leadership of the NDC. The Akufo-Addo administration faced significant challenges when the deadly coronavirus pandemic, COVID-19, struck. COVID-19 brought the global economy on its knees as production…

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24

Mar

By WMN

Business, News, Politics

KWABENA ADU BOAHENE IS NOT A POLITICIAN; Ayine should stop misinforming the public

The Attorney General and Minister of Justice, Dr. Dominic Ayine, at his press conference to itemize the cases involving some individuals his outfit has investigated, created the impression that Kwabena Adu Boahene of Signals, is a former Akufo-Addo appointee and an NPP member who has acquired wealth and properties that defy logic. Let it be on record that Kwabena Adu Boahene is not and has never been an NPP member. He is not a politician and has always been a businessman. This is not an NPP/NDC matter. It is imperative that these facts are made available to the public about…

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24

Mar

By WMN

Business, News

IERPP Vindicated as T-Bills Fall Down

The Mahama administration, for the first time this year, has fallen short of its Treasury bill target, missing it by GH¢2.8 billion. The Bank of Ghana’s (BoG) data shows that the government intended to raise GH¢6.14 billion from short-term instruments but received bids totaling GH¢3.32 billion, representing a 45% undersubscription. A breakdown of the auction results reveals that out of GH¢3.6 billion tendered for the 91-day Treasury bill, GH¢2.33 billion was accepted. The 182-day bill attracted GH¢741 million in bids, with GH¢574 million accepted. For the 364-day bill, GH¢622 million was tendered, but only GH¢406 million was accepted. The Institute…

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19

Mar

By WMN

Articles, Business, Featured, News, Politics

Arrest of Okatakyie Afrifa-Mensah; How President John Dramani Mahama is Stifling Free Speech

  For many a Ghanaian who believed President Mahama’s Reset mantra was to catapult the nation from what was bequeathed to him by Nana Addo Dankwa Akufo-Addo to another enviable position. What we are witnessing, however, leaves so much to be desired. Just this evening, Okatakyie Afrifa-Mensah, host of For The Records show, was picked up by operatives of the National Security. He was at GIMPA to write an examination and was soon picked up upon finishing the exams and was heading home. Afrifa’s Rambo-style arrest has come about as a result of his recent criticisms of the Mahama government.…

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19

Mar

By WMN

Business, News, Politics

Ato Forson Employs Brother Evans and Friend Raymond Acquah at Finance Ministry

  The Minister of Finance, Dr. Cassiel Ato Baah Forson, has given credence to the accusation by many Ghanaians to the effect that the Mahama administration is filled with family and friends. A memorandum sighted by Whispers Media Network indicates the appointments of Ato Forson’s brother, Evans Forson as Executive Assistant. The Finance Minister has also appointed Raymond Acquah as Technical Advisor, Strategic Communications. Raymond Acquah, who hitherto was an employee of Kwesi Twum’s Multimedia outfit, Joy FM, has long been suspected to have been the one in charge of Ato Forson’s social media accounts, an assertion he had consistently…

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18

Mar

By WMN

Business, News

Government misleading Ghanaians with unemployment figures – IERPP schools Prez. Mahama

  The Institute of Economic Research and Public Policy, IERPP, has noted with concern the misleading manner His Excellency John Dramani Mahama and his ministers are quoting Ghana’s rates of unemployment. President John Mahama has been quoting figures as the rates of unemployment which are not accurate. To this end, the Institute of Economic Research and Public Policy, IERPP, would like to set the records straight for the education of the President his appointees and the Ghanaian public. The Ghana Statistical Service’s official unemployment rate as at the end of 2016 was 5.2%. As at the end of 2023, the…

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17

Mar

By WMN

Business, News, Politics

Mahama changes Presidency’s name from Jubilee House back to Flagstaff House

President John Dramani Mahama has, once again, changed the name of the Presidency from Jubilee House to Flagstaff House, Whispers Media Network has learned. A letter signed by Felix Kwakye Ofosu, spokesperson to the President and Minister in charge of Government Communications, announcing new appointments for the Ghana Armed Forces indicated that the President met the outgoing officers at the Flagstaff House. The communiqué dated March 17, 2025, appointing new service chiefs for the Ghana Armed Forces indicated part read; ‘The President this afternoon met with the outgoing Service Chiefs, led by the Chief of the Defence Staff, General Thomas…

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