The Finance Minister, Ken Ofori-Atta has revealed that Ghana is set to receive the first tranche of the $3 billion bailout package approved by the International Monetary Fund (IMF), tomorrow, May 19, 2023. While speaking at a joint press conference between the Government of Ghana and officials of the IMF, Ofori-Atta outlined a roadmap for continued […] The post Efforts

The Government of Ghana and the International Monetary Fund (IMF) held a joint press conference on Thursday to provide further details on the $3 billion three-year extended credit facility approved for the West African nation. Stéphane Roudet, IMF Mission Chief to Ghana, opened the conference by emphasizing the three strong pillars of the programme. The […] The post Ghana

Ghana’s International Monetary Fund (IMF) programme will among other things revise the Bank of Ghana Act in a bid to strengthen the central bank’s independence and mitigate fiscal dominance. The amendments to the BoG Act will feature a stricter limit for monetary financing, mechanisms to monitor and enforce compliance, and a clear definition of emergency […] The post IMF

Eighty-Two (82) aggrieved police officers have sued the Attorney General, the Ghana Police Service, and the Inspector General of Police for acting unfairly and capriciously with respect to the failure of the Ghana Police Service to promote them. The Police officers claim that they are due for promotions after the completion of their studies, through […] The post 82 police officers

The Minister of Lands and Natural Resources, Samuel Abu Jinapor, has indicated that the government will not give up on the fight against illegal mining popularly called galamsey. According to Samuel Abu Jinapor, government is initiating more interventions to help in the fight against illegal mining in the country. The Minister was speaking in Sunyani […] The post Govt

The International Monetary Fund (IMF) has revealed that Ghana’s pre-existing fiscal and debt vulnerabilities were exacerbated by large external shocks in recent years resulting in a loss of international market access, increasingly constrained domestic financing, and reliance on monetary financing of the government. The fund made this known in a statement after the Executive Board […] The post Ghana

The Executive Board of the International Monetary Fund (IMF) has approved Ghana’s $3 billion bailout request, aimed at reviving the country’s crippling economy. The decision was made during the Executive Board’s meeting held on Wednesday, following Ghana’s receipt of financing assurances from the Paris Club. A statement by the IMF indicated that the “Executive Board […] The post This

Accra, Ghana’s capital, is a noisy cosmopolitan city of almost three million people. Its active nightlife, commercial markets and factories create a deafening mix of sound trails day and night. These synthetic sounds have practically drowned out the natural everyday sounds of Accra. And the most important of these is the steady drone sound of […] The post Accra:

The Economic and Organised Crime Office (EOCO) has released a list of persons on its wanted list. The list containing the details of three people was shared on EOCO’s official Twitter page. The three men, Ezekiel Mensah Otoo, Nicholas Gyekye, and Derrick Obeng a.k.a. chilling are wanted for various fraudulent activities. Ezekiel is wanted for […] The post EOCO releases list of wanted

African University College of Communications (AUCC), is collaborating with HBCU to hold a historic research conference and students’ project poster presentation at Discovery House, AUCC, Adabraka, Accra on May 26, 2023. Under the theme “Decolonizing Education in Africa and Diaspora”, the one-day conference will bring students and faculty from HBCU, the famed group of 107 […] The post AUCC

1. Citi 97.3 FM deeply regrets to announce an unforeseen disruption to today’s edition of the Citi Breakfast Show. A thunder and lightning strike affected our power system at 8:20 am, prompting a precautionary power disconnection by our technicians for safety. 2. Our dedicated team is diligently resolving the electrical and technical issues to restore […] The post Citi

The National Democratic Congress has pledged to support embattled James Gyakye Quayson to reclaim the Assin North parliamentary seat anytime a bye-election is held. “The full weight of the party, including the Minority Caucus in Parliament, will be put behind Honourable Quayson so as to ensure an even more resounding victory for him in the […] The post We’ll

Deal Source Africa, a comprehensive program to connect African businesses with investors and transaction advisors and African Impact Funds with investors, has been officially launched at the West Africa Deal Summit held in Accra on Tuesday, May 16, 2023. The program will help to bridge the $331 billion funding gap for African SMEs, especially those […] The post Deal

The Director of Business Operations at Dalex Finance, Joe Jackson, is urging the government to refrain from excessive borrowing following the International Monetary Fund’s (IMF) $3 billion bailout for Ghana. Speaking on Eyewitness News on Citi FM, Joe Jackson emphasized the need for the government to take a retrospective look at the activities that led […] The post IMF

A failed parliamentary aspirant in the National Democratic Congress (NDC) primaries in the Asawase constituency has denied being sponsored by the party’s hierarchy to aid in an alleged grand scheme to unseat the incumbent Member of Parliament. Masawudu Mubarick, who received 734 votes during the primaries, was in the race with the incumbent MP, Muntaka […] The post I

The Member of Parliament for Bawku Central, Mahama Ayariga, has expressed disappointment over the Supreme Court’s ruling that invalidated the election of James Gyakye Quayson as the MP for the Assin North constituency. In a unanimous decision, the Supreme Court ordered Parliament to remove James Gyakye Quayson’s name from its records as a Member of […] The post Supreme

The Public Utilities Regulatory Commission (PURC) has justified the 18.36 percent tariff increment announced on electricity and natural gas. According to the Commission, the decision was taken after its Quarterly Tariff Review meeting for the second quarter of the year 2023. The PURC blamed the depreciation of the cedi, inflation, electricity generation mix, and the […] The post ‘We