Author Archives: larryehu

Cedi to end 2024 at ¢15.91/US1$ – IC Securities

IC Securities has revised its forecast for the US dollar to Ghana cedi exchange rate at the end of 2024, increasing it from GH¢13.2/US$ to GH¢15.91/US$. This adjustment reflects the current macroeconomic climate. The firm explained that after the Bank of Ghana’s unexpected policy rate cut in January 2024, they anticipated strong selling pressure on the cedi. They delayed revising ...

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Netherlands’ Frenkie de Jong to miss Euro 2024 with injury

The Netherlands have been dealt a blow ahead of the start of the European Championships this week after Frenkie de Jong was ruled out of the tournament on Monday. De Jong, who has 54 caps for his country, missed Barça’s final six games of the season after sustaining his third ankle of the campaign in the Clásico defeat against Real ...

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Consortium with Saudi royal makes £400m Everton bid

A consortium of international investors, which involves a member of the Saudi royal family, has made a £400m offer to buy Premier League club Everton. Farhad Moshiri agreed to sell his 94% stake to 777 Partners in September, but the investment firm could not complete the deal, opening the way for others to make a takeover bid. Local businessmen Andy ...

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Kennedy Agyapong Boosts Bawumia’s Campaign In Ashanti Region

In a significant development for the New Patriotic Party’s (NPP) campaign efforts, Kennedy Agyapong, the Member of Parliament for Assin Central, has thrown his support behind Dr. Mahamudu Bawumia’s bid for the presidency. Following his defeat in the NPP primaries, Kennedy Agyapong reassured his followers and party members of his unwavering commitment to the NPP cause by declaring his intent ...

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Education Minister to present free SHS Bill to Parliament – Afenyo-Markin

The government is preparing to present the Free Senior High School (SHS) Bill to Parliament. This is aimed at regulating and ensuring the sustainability of the Free SHS policy amidst growing concerns of potential cancellation by future administrations and the challenges currently facing the programme. Stakeholders in the educational sector, including EduWatch, have voiced their opinions on the policy. They ...

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Malawi VP confirmed dead in plane crash in forest

The wreck of a plane carrying Malawi’s vice-president has been found with no survivors, President Lazarus Chakwera has said. Saulos Chilima and nine others were flying within the country on Monday morning when their aircraft disappeared from airport radars. The plane, a military aircraft, was flying in bad weather. Soldiers had been searching Chikangawa Forest overnight and into the morning ...

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Ambulance Purchase trial: Minority to boycott Parliament over judge’s refusal to grant Ato Forson leave

The Minority in Parliament has announced their decision to boycott parliamentary proceedings whenever their leader, Dr. Cassiel Ato Forson, is required to attend court sessions for the ongoing ambulance trial. This decision comes in response to the refusal of the presiding High Court judge, Justice Afia Serwah Asare-Botwe, to grant a request from Dr. Ato Forson’s lawyers for a leave ...

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