Mr Abebe Aemro Selassie, Director, African Department, International Monetary Fund (IMF), says Ghana will receive its next funding support from the IMF even if it is unable to sign a final debt pact with its official bilateral creditors. This means that the country would receive its third tranche of US$360 million when the IMF Board […]
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidising petroleum
The National Petroleum Authority (NPA) has stated that the only way to mitigate the consistent rise in the prices of petroleum products is to introduce subsidies. Abass Tasunti, Head of Economic Regulation at the National Petroleum Authority (NPA), said on The Big Issue on Citi FM and Citi TV on Saturday, April 20, that it is […] The post Subsidies are key to
The University of Energy and Natural Resources (UENR) has extended its gratitude to the Inspector General of Police, Dr. George Akuffo Dampare, for his personal intervention in addressing the recent robbery incident targeting students and lecturers on the Odumase-Badu road near Sunyani in the Bono Region. The incident, which occurred on Tuesday, 16th April 2024, […] The post Your
The Executive Secretary of the Chamber of Petroleum Consumers (COPEC) has urged the government to focus on strengthening the Cedi to ensure a reduction in the prices of petroleum products. Prices of petroleum products have been on a free fall in the past weeks and further worsened with the reversal of the suspension of the […] The post Fuel price hikes: Strengthening
Ghana’s Minister for Youth and Sports, Mustapha Ussif, has called on global leaders to take decisive actions in addressing urban challenges and climate change at the ECOSOC Youth Forum in New York. Highlighting Ghana’s rapid urbanization rate, Hon Mustapha Ussif stressed the urgency of adopting innovative solutions to combat pollution and emissions. He emphasized Ghana’s […] The post Ghana
A United States-based Economist, Dr. Sa-ad Iddrisu, is questioning the developmental projects listed in NPP’s recently launched performance tracker. In a press release issued on Thursday, April 18, Dr. Iddrisu “Despite borrowing over GHc600 billion in the last eight (8) years, the NPP government seems to only boast about the number of completed toilet projects […] The post NPP
The Chairman of the Federation of Kumasi Traders Association, Nana Prempeh, has threatened to sue the Ghana National Fire Service (GNFS) and the management of the Kejetia Market in Kumasi. According to him, the market has been operating without a fire certificate and insurance cover, which is a violation of the GNFS’s Legal Instrument (LI) […] The post Federation
Source: GNA Mrs. Ursula Owusu-Ekuful, Minister for Communications and Digitalisation, has cautioned members of the public to desist from dealing in pre-registered SIM cards since it is illegal and an offence liable for prosecution. She explained that “Dealing in this context comprises the individual, who sells the pre-registered SIM as well as the buyer or […]
The Chief Executive of Stanbic Bank Ghana, Kwamina Asomaning, together with some Senior Executives of the bank recently met with the Chinese Ambassador to Ghana, H.E. Lu Kun, to promote deeper trade and investment ties between Chinese and Ghanaian businesses. During the meeting, Mr. Asomaning underscored the importance of the strategic partnership between Standard Bank, […] The post Stanbic
At least 33 people have been killed over three days of heavy rains and flash flooding in Afghanistan, according to the government’s disaster management department. “From Friday onwards, because of the rains there were flash floods which caused high human and financial losses,” department spokesman Janan Sayeq said on Sunday. “The primary information shows that, […] The post 33
Floods have killed 58 people in Tanzania over the last two weeks, spurring the East African country to seek an answer in major infrastructure projects. The government announced the death toll late on Sunday as heavy rains continued to lash the country. April marks the peak of Tanzania’s rainy season, and it has been exacerbated […] The post Floods kill 58 in Tanzania with heavy rains persisting
The involvement of Croatia’s sharp-tongued president in the country’s parliamentary election on Wednesday may not be constitutional. But it is certainly livening up what had threatened to be a predictable affair. The country’s parliamentary polls tend to follow a pattern. A centre-left coalition led by the Social Democrats (SDP) runs against the Croatian Democratic Union […] The post Sharp-tongued
French President Emmanuel Macron says the Paris Olympics opening ceremony could move from the River Seine if the security risk is too high. Mr Macron said it could be “limited to the Trocadéro”, across the Seine from the Eiffel Tower, instead of covering the planned stretch of the river. He added that it could even […] The post Macron says Paris Olympics opening ceremony
The look on her face was priceless; shock, disbelief and grief mixed with relief as her eyes glistened with tears. “So, I’m not a witch after all, I did not kill my sons” …. And she kept repeating those words. Why didn’t anyone tell her this earlier, but alas better late than never. A cloud […] The post World Haemophilia Day:
The Minister of Finance, Dr Mohammed Amin Adam, has reaffirmed that Ghana’s medium-term macroeconomic outlook and prospects remain positive and promising. He also highlighted the government’s dedication to implementing comprehensive structural reforms to bolster growth and enhance revenue mobilisation. Speaking during a joint press conference by the government of Ghana and the International Monetary Fund […] The post Ghana’s
Iran has seized a commercial ship with links to Israel as it passed through the Strait of Hormuz early on Saturday. The MSC Aries was boarded by Iranian special forces about 50 miles (80km) off the coast of the United Arab Emirates, a statement from the vessel’s operator MSC said. Footage obtained by Reuters news […] The post Iranian troops seize Israel-linked ship appeared first on The
One person has been killed and 10 others injured after a cable car cabin collided with a broken pole and burst open in southern Turkey. Passengers plummeted to the ground following the crash on Friday evening after the supporting pylon collapsed near Antalya. The whole cable car system was immobilised while emergency workers tried to […] The post Dozens stranded, ten injured, one
US President Joe Biden has condemned the Iranian drone attacks on military facilities in Israel, reiterating Washington DC’s “ironclad” support and a coordinated Group of Seven (G7) diplomatic response, even as reports started to emerge that he is also seeking to de-escalate the situation. Biden cut short a trip to Delaware and returned to the […] The post Biden vows US support for Israel
Somali pirates have released a Bangladesh-flagged vessel and its 23-member crew after a ransom was reportedly paid. The MV Abdullah was carrying coal from Mozambique to the United Arab Emirates (UAE) when it was hijacked off Somalia’s coast about a month ago. The pirates alleged that they received $5m (£4m), but there is no independent confirmation […] The post Somali pirates free
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