A statement from the Ministry of Communications has justified a transaction entered into by government to acquire the shares of AirtelTigo. In the statement, the Communications Ministry said because of the huge impact that the telecoms sector has on the economy, it moved to clinch the deal with Bharti Airtel to protect Ghanaian jobs. “Given the multiplier impact the telecommunications ...

Some supporters of the ruling New Patriotic Party in Upper Manya Krobo Constituency of the Eastern Region-locked the office of the Electricity Company in the area over an intermittent power cut during a campaign event of Vice President Dr.Mahamadu Bawumia. The Vice President as part of his three-day campaign tour to the Eastern Region visited Asesewa on Tuesday, October 27, ...

Five Regional Ministers under President Akufo-Addo’s administration have been touting government’s achievements in their various regions saying Akufo-Addo must be commended for steering the country’s economy back to where it belongs. Addressing the 5th edition of the Nation Building Updates in Accra on Tuesday 22nd October, 2020 on the theme “Rebuilding the Ghanaian Economy” the five Regional Ministers from the ...

It is interesting to find some Ghanaians shocked at the swift defence of the International Monetary Fund (IMF), strongly denying that Ghana has not been classified as a Highly Indebted Poor Country (HIPC) based on information found on its website. Our elders say you don’t ask for a chair when you visit a place where the chief himself sits on ...

The International Monetary Fund (IMF) has debunked claims that Ghana has been classified as a Highly Indebted Poor Country (HIPC) based on data on its website. A statement by the IMF indicated that the recent update of Ghana’s debt-to-GDP ratio has NOT triggered any decision or action by the institution. The response follows claims on Social Media on Tuesday that ...

Bharti Airtel’s board on Wednesday cleared the sale of its Ghana joint venture –AirtelTigo- to the government of Ghana, and is taking an impairment charge of Rs184.1 crore for the transaction. “The parties are in advance stages of discussions for conclusion of the commercial agreement for the transfer of AirtelTigo on a going concern basis to the Government of Ghana,” ...

The Greater Accra Regional Police Command is investigating Alhaji Said Sinare, National Vice-Chairman of the National Democratic Congress over accusations leveled against him by the NDC constituency chairman of Ayawaso North in connection with some gun supply for chaos in the December polls. Alhaji Said Sinare, National Vice-Chairman of the National Democratic Congress (NDC) has on the back of the ...

The National Peace Council in the Ashanti region has issued a stern warning to politicians who may want to secretly incite the youth into unleashing violence in the general elections. The Regional Chairman Rt. Rev Christopher Nyarko Andam gave the caution in a speech read for him during a community peace durbar organized by the National Cadet Corp in Kumasi. ...

Ninety-seven individuals who are asymptomatic to the deadly Covid-19 virus have been discovered at the Kotoka Internation Airport, Deputy Health Minister Dr Bernard Okoe-Boye has revealed. He disclosed that these persons presented negative PCR test results at the airport upon arrival without showing any Covid symptoms. This according to him was a result of government’s policy of ensuring travelers test ...

Finance Minister Ken Ofori-Atta has said the government will not hesitate to step in to tackle any challenge that may rear its head in the banking sector that can lead to economic downturn again. He told TV3’s Etornam Sey in an exclusive interview on Monday October 26, 2020 that the financial sector is the heart beat of every economy globally. A weak ...