The cedi outperformed the U.S dollar and the euro but depreciated versus the British pound at the close of trading in the week ending April 21. It recorded a 1.13 per cent appreciation against the U.S. dollar as investors languished over weaker-than-expected economic data in the world’s largest economy. As a result, the local currency exchanged at GH¢4.16 versus the ...

Unhappy with the tight fiscal space government is confronted with, economic Policy Think-Tank, the Institute for Fiscal Studies (IFS) is advising caution in expenditure to forestall escalation of the fiscal deficit. Even though government has managed to create some space through its review of earmarked funds, the Institute is worried the space created is no match for the expected expenditure ...

Controversial musician A Plus has cautioned some celebrities who campaigned for the previous “NDC” government to return state cars given them before the NPP’s task force start chasing them around. According to the Hiplife star, after the (NDC) lost last year’s election, what the celebrities who were given the cars should have done was to return the cars, instead of ...

Former President John Agyekum Kufuor has been appointed a Senior Grand Warden of the United Grand Lodge of England (UGLE). He was on Wednesday April 26 appointed by the United Grand Lodge of England Grand Master, Prince Edward, the Duke of Kent, who is the longest serving Grand Master. “Congratulations to Right Worshipful Brother, His Excellency John Kofi Agyekum Kufuor, PGSwdB, ...

German Chancellor Angela Merkel says some British people have “illusions” about discussing the UK’s future ties with the EU at the same time as nailing down the UK’s Brexit terms. The future relationship can only be discussed once the exit issues – such as UK payments to the EU budget – are resolved, she told German MPs. On the sequence ...

Anthony Joshua has ordered his mother to stay away from this weekend’s showdown with Wladimir Klitschko . Yeta Odusanya will not be one of the 90,000 inside Wembley Stadium on Saturday night. Instead, she will be a couple of miles away at home in north London — on the strict orders of her unbeaten IBF heavyweight champion son. Brit Joshua ...

The Public Accounts Committee (PAC) of parliament yesterday grilled officials of the Ministry of Food and Agriculture (MoFA) and an auctioneer to the ministry for grossly contravening the auction laws and auctioning 24 vehicles to mostly staff of the ministry at ridiculous prices. The auctioneer, Alex Adjei, side-stepped all the laws governing the proper disposal of government vehicles and disposed ...

The Minister for Communication, Mrs. Ursula Owusu-Ekuful and her two deputies, George Nenyi Andah and Vincent Sowah Odotei, have paid a working visit to the head office of Mobile Network Operator, Tigo, in Accra. They were welcomed by the entire management team and given an overview of the business by the Chief Executive Officer, Roshi Motman. This included the evolution ...

Blakk Rasta will on May 21 host this year’s edition of an annual reggae musical concert dubbed ‘Kuchoko Roots Festival’ at the La Pleasure Beach in Accra. Touted as one of the biggest gathering of reggae lovers, musicians, stakeholders and followers, ‘Kuchoko Reggae Bash’ will see the performance of over 30 respected artistes across the continent. Blakk Rasta who is ...

Youth and Sports Minister, Isaac Asiamah has advised Black Stars coach Kwesi Appiah to be fair in player selection. The member of parliament of for the people Atwima Mponua Nwabiegya wants Appiah be very assertive and fair in his player selection as it has apparently not been the case in the recent years. There is a general perception out there ...