NEWS

The Fanteakwa North District Security Council (DISEC) has directed for the closure of two major food market centres in the District. The closure of the two market centers-Ahomahomaso and Begoro takes effect from April 15, 2020. The decision taken during an emergency meeting by DISEC chaired by Charles Oware Tweneboah, District Chief Executive for the area on Monday is among ...

The Executive Board of the International Monetary Fund (IMF) has approved the disbursement of US$1 billion to be drawn under the Rapid Credit Facility to help Ghana’s COVID-19 fight. According to the IMF, the COVID-19 pandemic is already impacting Ghana severely. Growth is slowing down, financial conditions have tightened, and the exchange rate is under pressure. A statement by the ...

The US Securities and Exchange Commission has charged Tema Oil Refinery boss Asante Berko for “orchestrating a bribery scheme” and arranging at least $2.5 million in bribes to be paid to Ghana government officials to gain approval for a client’s power plant project. The accusations are in relation to Mr Berko’s time and role as a former banker at a ...

The President of the National House of Chiefs, Togbe Afede, has asked politicians to desist from taking credit for the measures being instituted by the Akufo-Addo government, to fight the COVID-19 pandemic. He said the nation needs unity at this moment to totally eradicate the pandemic and not scoring of political points. In a statement, Togbe Afede said: “We would … like ...

The Chief and elders of Namoalug have presented a strong petition to government over a “fraudulent” agreement they say has aided the Shaanxi Mining Company Ltd to illegally take over a portion of their land. A chief and some “alleged leaders” of Gbane, a community in the Talensi District, leased the land, which is said to be part of Namoalug, ...

The International Monetary Fund (IMF) has approved the disbursement of US$1 billion to Ghana under the Rapid Credit Facility (RCF) to address the fiscal and balance of payments needs that the country is facing and also improve confidence in the economy. The release of fund was subject to the decision of the Executive Board of IMF. Ken Ofori-Atta, Ghana’s finance ...

Two Nigeriens arrested for flouting COVID-19 lockdown rules have tested positive for the virus, the Ghana Police Service has confirmed. The two foreigners were arrested on Sunday, April 5, by the police in the Accra District, on suspicion of carrying the COVID-19, yet defying the law on imposition on restrictions. The two later tested positive on Friday, April 10 and ...

The U.S. securities regulator on Monday charged a former banker at Goldman Sachs for arranging at least $2.5 million in bribes to be paid to Ghana government officials to gain approval for a client’s power plant project. The Securities and Exchange Commission said Asante Berko, a former employee at a subsidiary of the U.S. lender, arranged the bribes for a ...

It was as though this part of the country had completely forgotten about any risks, or a pending pandemic when they trooped the beach in their numbers to entertain themselves. Residents of Chorkor a suburb of Accra ignored the President’s lockdown directives, to chill at the beach on Easter Sunday, April 12, 2020. Hundreds of people who reside at the ...

Cape Coast, the Central regional capital after recording its first case of COVID-19 last Thursday continues to be in the news for the wrong reasons. It has witnessed a number of protests in the last few days as residents kick against the use of schools in the area as isolation centres in the wake of the deadly coronavirus. When the ...