The Executive Board of the International Monetary Fund (IMF) has approved a new three-year arrangement for Togo under the Extended Credit Facility (ECF) worth (US$241.5million) to support the country’s economic and financial reforms. The Executive Board’s decision enables an immediate disbursement of US$34.5 million. The remaining amount will be phased over the duration of the program, subject to semi-annual reviews. ...
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Otiko plotted Adams Mahama’s killing – Bugri Naabu
The maverick Northern regional chairman of the ruling New Patriotic Party Daniel Bugri Naabu has accused two ministers in the Akufo-Addo government of being involved in the plot that led to the murder of Adams Mahama, the NPP’s Upper East regional chairman. “…Otiko has been a controversial woman in the party. As I’m telling you, this Adams issue, she was ...
Read More »Pension contributions to be paid via mobile money
Employees in Ghana’s informal sector have been given a flexible opportunity to enroll on a Pension Scheme. The move is not only to secure their future but also to help rope more people into the pension space. Ghana currently has about 12 million people in the informal sector. As a result Dusk Capital, Vodafone and People’s Pension Trust have collaborated ...
Read More »After his wife’s death, man still uses the last coffee can she bought
When his wife of 41 years died of skin cancer in 2012, David Hoskins packed up and moved in with his daughter to nearby Hazard, Kentucky. Hoskins didn’t take much with him, but he kept two things: the last can of coffee his wife Karen bought before she got sick and the spoon she used to stir her coffee every ...
Read More »Ghana Meets Naija tickets out
Tickets for the 2017 Ghana Meets Naija concert go on sale Monday May 8, organizers, Empire, have announced. Upper Deck tickets are selling for GHC 150 while VIP and VVIP tickets are going for GHC 200 and GHC 300 respectively. Selling points are Starr FM, Live FM, uniBank branch at Accra Mall. Hotline: 0577 619 555; comes with free delivery. ...
Read More »Sports Ministry hails Kwesi Nyantakyi’s appointment as CAF 1st Vice president
The Youth and Sports Ministry has sent a congratulatory message Kwesi Nyantakyi who has been appointed CAF 1st vice president. The Ghana Football Association president was approved by CAF Executive Committee on Monday during its first meting under the reign of CAF’s new President Ahmad Ahmad in the Bahrain capital of Manama. Nyantakyi becomes the second most powerful person in ...
Read More »Forbes Africa ranks Sarkodie among top 10 richest musicians
Forbes Africa has in the May 2017 Edition of its magazine ranked multi-award winning Ghanaian rapper and CEO of SarkCess Music, Michael Owusu Addo also known as Sarkodie 9th on its list of top 10 artists on the African continent. Sarkodie joins a list of other powerful African artists including Akon (Senegalese-American), Wizkid (Nigerian), Davido (Nigerian), Black Coffee from South ...
Read More »UE/R: Assembly members warned to approve DCEs or be sacked
Sources within the ruling New Patriotic Party (NPP) in the Upper East Region have hinted at plans to hand dismissal letters to appointed assembly members, and have them replaced, should the municipal and district chief executive nominees miss the required two-third mark as their confirmation tests begin today in the region. The Upper East Regional Coordinating Council has released a ...
Read More »World Bank blames sole sourcing for Ghana’s high power costs
The World Bank has blamed Ghana’s relative high cost of power on the adoption of sole sourcing in the granting of power purchase agreements under the past NDC administration. The Bank has also warned of some economic consequences following the country’s inability to sell off its excess power due to the high cost. The World Bank was compelled to cut ...
Read More »Stop the hypocrisy; Adonko bitters ‘helps’ – Gospel musician
Gospel artist and winner of TV3 Mentor 3 reality show Erico has said he sees nothing wrong with Angel Group of Companies, manufacturers of Adonko Bitters supporting music industry particularly Gospel events. Speaking on Kasapa Entertainment with Kojo Preko Dankwa on Kasapa 102.5FM, the gospel act noted for his touching worship medley was unhappy about the recent backlash by a ...
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