Ghana’s Black Galaxies friendly game against Mozambique on Tuesday, January 10, ended earlier than expected after the latter walked off the pitch after a penalty decision. The Mozambique head coach ordered his players to leave the pitch after Annor Walker’s men were awarded a penalty following the opposition’s player handling the ball in his box. However, the penalty decision didn’t ...

The Co-founder of Afrochella, Ken Agyapong Jnr, has disclosed that the Ghanaian company contracted to print tickets for the 2022 Afrochella concert secretly printed fake ones. He explained that despite their blue, purple and yellow original tickets, there were other orange tickets in the public which he said were fake. Although he refused to reveal the name of the Ghanaian ...

Popular American radio and TV host, Charlamagne tha God, has been speaking about his experience in Ghana during the Christmas holidays. According to Charlamagne, although he thoroughly enjoyed Ghana his time in Ghana, especially the nightlife, he had some reservations about the quality of service in the country’s hospitality industry. According to him, his visit with his wife and kids ...

Convener of the Individual Bondholders Forum (IBF) Senyo Hosi, has said regarding the domestic debt exchange programme that in an unfortunate oppressive fashion, the government has shown total disregard for the contractual rights of Individual bondholders and has made no effort to structure reasonable consultations with individual bondholders. In the process, the IBF said, Ghanaians have been presented with painfully ...

The rate of inflation for December 2022 was 54.1 per cent, the Ghana Statistical Service (GSS) has announced on Wednesday January 11. This is up from the 40.4 per cent recorded in November same year. The month-on-month inflation rate was at 3.8% in December 2022. According to the figures, five divisions recorded inflation rates higher than the national average. Housing, ...

The Ministry of Finance has restated that eligible bondholders who refuse to participate in government’s debt exchange programme will not benefit from the new arrangement outlined by government in case there is default in payment. Government, is seeking an International Monetary Fund Programme that requires a debt restructuring before a deal could be reached with the Bretton Wood institution. Bondholders ...

Total market turnover on the bond market increased by 150.30% to ¢1.17 billion during the week under review as more bond transfers were recorded. The bond transfers are said to be in preparation for the Domestic Debt Exchange programme. Fund managers in recent times have been moving funds from one account to another as investors consider the Domestic Debt Exchange ...

Convener of the Individual Bondholders Forum (IBF) Senyo Hosi, has said regarding the domestic debt exchange programme that in an unfortunate oppressive fashion, the government has shown total disregard for the contractual rights of Individual bondholders and has made no effort to structure reasonable consultations with individual bondholders. In the process, the IBF said, Ghanaians have been presented with painfully ...

The West African Gas Pipeline Company Limited (WAPCo), has said it will undertake a coordinated and planned 10-day maintenance shutdown of its Takoradi Regulating and Metering Station. This shutdown, scheduled for 12th to 22nd January 2023, is to allow for the replacement of some critical valves at the facility aimed at securing the safety and integrity of the Takoradi Station, ...

The government’s debt exchange programme is experiencing strong pushback from individual bondholders who say the government has not provided them with the requisite information to make an educated decision. According to some individual bondholders interviewed on JoyNews’ PM Express, the government has intentionally held back information, and instead is coercing them into signing onto the exchange blindly. One bondholder, Samuel ...