as inflation eats away 92% of currency’s value since 2007 The cedi’s struggle to maintain value beyond the short term continues to raise concerns about the economy’s long-term transformation, financial expert Adjei Boateng has said. Mr. Boateng, a chartered financial analyst (CFA), highlighted the cedi’s significant devaluation, losing 91.6 percent of its value since the […] The post
As prices of onion continue to rise, the commodity’s sellers are in fear of losing their livelihoods due to low patronage. The country currently imports about 70 percent of its onions mainly from Niger, a major dry onion supplier in West Africa, despite having suitable land for its cultivation. But as prices keep rising as […] The post Onion prices
Finance Minister Ken Ofori-Atta has emphasised the crucial need for deeper collaboration between Ghanaian and German enterprises. He envisions a future where the fusion of German technology and expertise with Ghanaian innovation and local knowledge would pave the way for sustainable and inclusive growth. He made this call at the Ghana Mutual Prosperity Partnership Roundtable […] The post
The Trades Union Congress (TUC) has described the 15 percent Value Added Tax (VAT) imposed on electricity consumption above the lifeline as an easy way for the government to raise revenue, which is unfair to consumers. At a press conference on Tuesday, January 23, TUC gave the government a seven-day ultimatum to withdraw the tax, […] The post Burdening workers
There is a heavy police presence at the Accra High Court as the panel presiding over the high treason case involving ACP Benjamin Agordzo readies to deliver judgment. The premises of the court complex have seen a stationed FPU vehicle and other police vehicles on standby. This security detail has been linked to the judgment […] The post Heavy security
There is a heavy police presence at the Accra High Court as the panel presiding over the high treason case involving ACP Benjamin Agordzo readies to deliver judgment. The premises of the court complex have seen a stationed FPU vehicle and other police vehicles on standby. This security detail has been linked to the judgment […] The post Heavy security presence
The Minister of Energy, Dr. Mathew Opoku Prempeh, underscored the critical role played by the Bulk Oil Storage and Transportation Company (BOST) in fostering economic stability over the past few years. Speaking at an event to commemorate the 30th anniversary of BOST in Accra, Dr. Opoku Prempeh highlighted the state-owned firm’s contributions to economic stability, […] The post
In 2020, Ibrahim decided to start working out at the gym. However, to build the necessary muscle mass for his body type, he must consistently use supplements. Classified as an ectomorph, his body is characterized by its lean and slender figure, with lower levels of body fat and muscle. Individuals with this body type often […] The post Bodybuilders
The Bank of Ghana has acknowledged receipt of US$600 million as the second tranche of Ghana’s bailout package with the International Monetary Fund (IMF) The cash meant for budget support and stabilization of the local currency, was officially credited to the Central Bank’s account today, Tuesday, January 23, 2023. This means, Ghana has received a […] The post IMF
South Africa’s fiery politician Julius Malema has voiced his concern over the looming threat of corruption to Ghana’s democracy. In a compelling address at the Arise Ghana event held at the College of Physicians and Surgeons in Accra, the founder and leader of the Economic Freedom Fighters (EFF) minced no words as he delved into […] The post Ghana’s
The World Bank has approved a $300 million Development Policy Operation for Ghana. The First Resilient Recovery Development Policy Financing is a critical contribution by the Bank’s International Development Association (IDA) to help Ghana’s economic recovery and support the country’s resilient and inclusive growth. “The Government of Ghana remains committed to restoring macroeconomic stability and […] The post
Black Stars head coach Chris Hughton has been relieved of his duties. This was announced in a short statement issued by the Ghana Football Association late Tuesday evening. “The Ghana Football Association wishes to announce that Chris Hughton has been relieved of his duties as head coach of the senior National team with immediate effect,” […] The post Black Stars head
The Member of Parliament for Bawku Central, Mahama Ayariga, has condemned an attack on a truck carrying traders from Bawku to Binduri that resulted in the killing of about seven people and the injury of others. Unknown gunmen ambushed and opened fire on the truck on the outskirts of Binduri. The truck was on its […] The post Let’s end this senseless
The Trades Union Congress (TUC) has given the government a seven-day ultimatum to withdraw the imposition of Value Added Tax (VAT) on electricity consumption above lifeline. In a letter dated January 1, Finance Minister, Ken Ofori-Atta, directed the Electricity Company of Ghana (ECG) and the Northern Electricity Distribution Company (NEDCO) to implement the VAT, aiming […] The post TUC
Some activities of Shipping lines operating in Ghana remain the subject of backlash in Ghana’s ports and logistics sector. Clearing agents operating at the various ports are calling on government to exert some authority over the lines in order to protect the businesses of citizens. Recently, the Presidents of two of Ghana’s freight forwarding associations: […] The post Clearing
The Managing Director of the Ghana Water Company Limited, (GWCL) Ing. Dr. Clifford Braimah, has stated that the population of Accra has outgrown the capacity of the water company. Residents in various parts of Accra, including Adenta, Kasoa, Weija, and Apaapa in La, have voiced concerns about the irregular water supply affecting their communities. This […] The post Water
The New Patriotic Party has issued a stern warning to parliamentary aspirants who intend to bus or camp delegates ahead of Saturday’s primaries to abort such plans. The General Secretary of the NPP, Justin Kodua Frimpong warned that aspirants who camp or bus delegates will face sanctions. He made this known on Monday, January 22, […] The post Don’t
The National Communications Authority (NCA) has been urged to promote broadcasting standards through the award of spectrums, in a bid to ensure that content broadcast to consumers is of good quality. In an interview with journalists at a stakeholders engagement and launch of a research report by the Ghana Center for Democratic Development (CDD) in […] The post NCA
The Disciplinary Board of the Confederation of African Football (CAF) has imposed a fine of $15,000 on the Ghana Football Association over fans trouble in the Africa Cup of Nations Match 4 game between Ghana and Cape Verde on Sunday, January 14, 2024. The Safety and Security Official reported that two groups of supporters from […] The post CAF slaps Ghana with $15K
Ghana’s chances of qualifying for the next round of the 2023 AFCON have been dealt a major blow after the Black Stars suffered another late meltdown to draw 2-2 with Mozambique. Ghana took a 2-0 lead through two converted penalty kicks by Jordan Ayew, but two goals in the 91st and 94th minutes, respectively, from […] The post Ghana’s AFCON dreams
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