Days after Standard and Poor’s downgraded Ghana to junk status, another ratings agency, Fitch has downgraded the country from B- to CCC. Fitch doesn’t typically assign outlooks to sovereigns with a rating of CCC+ of below. According to Fitch, the downgrade reflects deterioration of Ghana’s public finances, which has contributed to a prolonged lack of … The post Fitch
Days after the country was downgraded by S&P Ratings Agency to junk status, the Ghana Statistical Service announces the inflation rate for July 2022 has hit 31.7 per cent, from 29.8 per cent in June, which was a 19-year high, driven by high transport, housing and food prices. Despite averaging 12 per cent in the … The post Ghana inflation rate for July jumps to 31.7%
Nana Osei Bonsu Hoahi, a TV presenter at Next TV Station has been fined GH¢4,200 by the Kaneshie District Court for publishing false news about a pastor in Accra. Hoahi in default will serve three months imprisonment. Hoahi had changed his plea of not guilty to guilty on the charges of conspiracy to commit crime … The post Court fines TV presenter
“A part-time blind commercial (Trotro) driver,” charged with defilement, has appeared before an Adentan Circuit Court. The GNA has learnt that Megbeha Israel goes blind whenever he hears the name of his investigator and the date to appear before court but miraculously regains his sight on his return to his police cell. The source says the … The post Commercial
The COVID-19 National Trust Fund Tuesday donated GH¢2.2 million to the Noguchi Memorial Institute for Medical Research (NMIMR), University of Ghana, to conduct research into the effect of COVID-19 vaccines on Ghanaians. The research, which is to be carried out in 18 months, would measure, compare and establish the durability of immune responses elicited by … The post Fund
The Passion Airline Company is awaiting the green light from the Ghana Civil Aviation Authority (GCAA), the air transport industry regulator, to?commence operations to and from Sunyani. Mr. Samuel Razak Tachie, the Sales and Marketing Manager of the company, said in an interview with Ghana News Agency in Sunyani that the GCAA had finished with … The post Passion
The Ghana Private Road Transport Union (GPRTU) has introduced a mandatory road tow levy for its members to help reduce road crashes, targeting 2.6 million vehicles. The initiative, which would be implemented by the Road Safety Management Services Limited (RSMSL), would ensure that disabled GPRTU vehicles were towed off the road at an annual fee. … The post GPRTU
The African Continental Free Trade Area (AfCFTA) agreement has made significant progress in the last few years, thanks to the commitment of the continent’s heads of state, Mr Wamkele Mene, Secretary-General of the AfCFTA Secretariat, has said. Speaking at a meeting with media managers, Mr Mene said the Secretariat had been able to make significant … The post AfCFTA
Mr Sediko Douka, ECOWAS Commissioner for Infrastructure, Energy and Digitalisation, has underscored the significance of a coordinated and collaborative approach toward a more secure ECOWAS cyberspace. He highlighted the need for experts to share their national perspectives and experiences as this was an opportunity to build bridges and lay the foundation for cooperation in future … The post ECOWAS
The International Justice Mission (IJM) Ghana, an anti-human trafficking non-governmental organisation, has reaffirmed its commitment to ending human trafficking and commended stakeholders for their resolute stand in the fight against the act. According to IJM, the government and other key stakeholders had demonstrated immense commitment to proactive actions and policy interventions over the years aimed … The post International
Facebook
Twitter
Pinterest
Instagram
Google+
YouTube
LinkedIn
RSS