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NEWS

When you want to get updated with what goes on around the globe, the best place to be is FunAfrique’s News section. Here you can find the most relevant, fresh and balance news as it happens. Our news section is user generated and therefore, you can also join in its reporting making its content as relevant as possible.

On top of all that, you can voice your opinion on any news article presented. Not only does this provide

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Prez Akufo Addo Applauds BoG Urges Them To Fix Weaknesses In Banking Sector

Date: Saturday 19th August, 2017

The President of the Republic, Nana Addo Dankwa Akufo-Addo, has commended the Bank of Ghana for playing a pivotal role in promoting the country’s socio-economic development.

According to President Akufo-Addo, through the Bank’s diligence and commitment, it has attempted to fulfil its mandate to ensure price stability and to create an enabling environment for sustainable growth.  The President, thus, expressed his profound gratitude to all who have contributed in various ways to bring the Bank to where it is today.  “You are a unique institution with a broad mandate

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STATEMENT I Never Promised Not To Borrow Bawumia

Date: Saturday 19th August, 2017

The office of Vice President, Dr Mahamudu Bawumia has denied accusations that he; then running mate of the NPP, promised not to borrow when his party comes into office.

The Minority has described as shameful, Dr Bawumia’s new position on borrowing. Deputy Minority Leader, James Klutse Avedzi said: “It is shameful for Bawumia to say in the past that we don’t need to borrow because we have all the resources here and now saying that we need to borrow and borrow responsibly, that is the problem I have with him. He knows that what he said when he was in opposition as a running ma

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BoG Freezes Accounts Of UT Capital Banks CEOs

Date: Saturday 19th August, 2017

Head of Banking Supervision at the Bank of Ghana (BoG), Raymond Amanfu, has revealed that the central bank has placed an embargo on all transactions of bank accounts belonging to the directors and managers of the now defunct UT and Capital banks.

“A team from Bank of Ghana is there with the PricewaterhouseCoopers. What we have done in the course of this exercise is to block directors’ accounts [and] related parties’ accounts and managers’ accounts,” he said. According to him, the central bank will examine transactions that took place prior to the collapse of the banks

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GRA To Clampdown On Unregistered Businesses

Date: Saturday 19th August, 2017

The Ghana Revenue Authority (GRA) Debt Management Team has asked qualified businesses that are not registered to do so with immediate effect to avoid any embarrassment.

The Team, in collaboration with other regional offices under the compliance activity are embarking on an education exercise to educate businesses on the need to register and to also know how those who have registered were complying with the tax laws. The activity was aimed at enabling the Authority to shore-up revenue. Mr John Buabeng, The Team Leader, Compliance Activity, briefing the media about the exercise said revenue mob

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Ghanaian African soldiers receive training in antiterrorism

Date: Saturday 19th August, 2017

The Ghana Armed Forces Command and Staff College has, for the first time, offered training in counter terrorism to help the Military deal swiftly against terrorism.

The training was handled by resource persons from the Defence Academy of the United Kingdom and the Defence Section of the British High Commission. Students from African countries including Nigeria, Mali, La Cote d’Ívoire, Senegal, Benin and Togo were part of the 11 and 18 months course, who graduated on Friday. Vice President Dr Mahamudu Bawuma, the Special Guest of Honour at the graduation ceremony of Course 38, exp

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Publish your assets CSOs to Akufo Addo

Date: Thursday 17th August, 2017

The Coalition of Civil Society Groups has urged President Nana Akufo-Addo to publicly declare his assets.

According to the group, led by Prof Emmanuel Gyimah-Boadi of the Centre for Democratic Development (CDD), although the president has declared his assets as stipulated by law, making them public will help the fight against corruption because it will serve as an encouragement to his appointees to follow suit. The coalition which paid a call on the president on Wednesday, 16 August, also urged the president to make the declaration “independently verifiable” and also expand the law to

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