The International Monetary Fund (IMF) has approved the disbursement of $191 million for Ghana following the completion of its fifth and sixth reviews of Ghana’s economic performance under the Extended Credit Facility (ECF) arrangement. This brings the total disbursements under the arrangement to about US$764.1 million. During the review, adjustments were made to the program to ensure that it remains ...

The Central Bank is set to put two more local banks in administration this week, Starrfmonline.com has learnt. One of the banks is linked to a popular politician while the other has ties with a famous traditional authority. According to StarrFMonline.com sources, both banks are facing acute liquidity challenges and have been unable to deal with their problems despite regular ...

The Chief Executive Officer (CEO) of the Ghana Cylinder Manufacturing Company Limited (GCMCL) Frances Essiam has denied claims of awarding several contracts worth millions of Ghana cedis without recourse to the company’s board. Her denial comes in the wake Starr News’ interception of a letter from the company’s board warning her to stay off the disbursement of a GH¢5million stimulus ...

Daily Guide has gathered that a woman in her late 30s is in the grips of the police for allegedly pouring hot water on the groin of her own 11-year-old son, causing severe burns to his genital. According to sources, the mother, whose name was given as Patience Botwey alias Maame Yaa, purportedly carried out the barbaric act after realizing ...

President Nana Addo Dankwa Akufo-Addo over the weekend met the Asantehene, Otumfuo Osei Tutu II at the Manhyia Palace in a bid to plead with the fuming Monarch, Starrfmonline.com has gathered. The visit by the president comes after some senior executives of the ruling party were seen, in a photo gone viral, kneeling before the Ashanti King. The revered King ...

The Chief Executive Officer (CEO) of the Ghana Cylinder Manufacturing Company Limited (GCMCL) Frances Essiam has ordered all workers to go home and not report for work today. The premises of the company has been locked on her orders. The move by Mrs. Essiam is an attempt to scuttle a scheduled board meeting today. The board was likely to pass ...

The protesting jobless nurses and health professionals have given the government two weeks to act on a petition they submitted to the Health Ministry, demanding their financial clearance and a review of the Heal Ghana module under the Nation Builders Corps. Like many other groups before them, they have threatened to picket at the Health Ministry if their demands are ...

Over 100 residents in Nsumia, Lantei, Chinto and its environs in the Eastern region have been displaced following a demolition exercise, the residents say was ordered by the court. The demolition started last Friday after some elders of Nsumia had claimed the plots which the affected individuals were occupying belongs to them. Many of the affected persons Monday morning besieged ...

Renowned pollster, Ben Ephson has revealed that former president John Mahama is “mending fences” with executives of the opposition National Democratic Congress (NDC) through the organization of Unity walk. Mr Ephson, the Editor of the Daily Dispatch newspaper who was speaking on the Morning Xpress on Monday stated that he has been reliably informed Mr Mahama is making peace with ...

A staunch supporter of the New Patriotic Party (NPP), Hajia Fati, has justified slapping a journalist from The Multimedia Group at the party’s office, Friday. She admitted slapping Adom FM’s newscaster, Ohemaa Sakyiwaa Ahwenepa but said she only took that action because the reporter had not sought her permission before taking pictures of her, neither did she introduce herself as ...