NEWS

The Institute of Economic Affairs (IEA) has proposed that the Monetary Policy Committee of the Bank of Ghana increase the policy rate by 100 basis points or 150 basis points to hit 20 per cent or 20.5 per cent from the current 19 per cent. “…We are minded to suggest that the MPC should increase the policy rate by a ...

The Ghanaian economy must be structured in a way that will enable locals produce what they eat and also eat what they produce, Secretary-General of the Trades Union Congress (TUC) Dr Anthony Yaw Baah has said. In his view, the Ghanaian economy needs serious restructuring to favour local entrepreneurs. Dr Yaw Baah said these at a press conference while speaking ...

The National Best Farmer for 2017, Mr Baffour Kweku Agyamang, has told Justice Clemence Honyenuga’s court in the ongoing GHS271-million financial loss case against the ex-CEO of the Ghana Cocoa Board, Dr Stephen Kwabena Opuni and businessman Seidu Agongo, that “punishing” the latter for supplying the state agency with the “immensely beneficial” Lithovit liquid fertiliser, which was, in turn, distributed ...

Minister for Communications, Mrs. Ursula Owusu-Ekuful, has said over 12 million Ghanaians have so far linked their Ghana cards to their SIM cards. Speaking at a consumer forum on telecommunications services organized by National Communications Authority in Kumasi today, Tuesday, 19 July 2022, she said the July 31, 2022 deadline for the sim registration will not be extended. Mrs Owusu-Ekuful, ...

The minority in Parliament has condemned the alleged torturing of some young men purported to be illegal miners, by some men in uniform. The young men, alleged to be illegal miners, were captured on video laying in mud with some uniformed men looking like soldiers, wielding guns over them. The incident is alleged to have occurred on Friday, 15 July ...

Former President John Mahama has observed that Ghana’s economic hardship “persists and is set to remain for an extended period”, noting: “Amid this gloomy outlook, those responsible for the mess refuse to exhibit contrition and sobriety”. “One of the key architects of the failed policies and mismanagement that have led to our economic downfall and suffering, found it necessary a ...

President Nana Addo Dankwa Akufo-Addo has declared Monday July 11 as a Public Holiday. This was announced in a statement issued by the Minister for the Interior, Ambrose Dery on Wednesday July 6. Lands For Sale In Acres at Aburi Amanfrom, Watch the video Below; Mr Dery’s statement said Saturday 9th July 2022 marks Eid-ul-Adha which is a statutory public ...

Africa Education Watch has said the 20% Cost of Living Allowance (COLA) demand by the Teacher Unions is unrealistic. The Education Think Tank says even though the demand is legitimate considering the country’s current economic situation, the teachers must meet the government half way. Lands For Sale In Acres at Aburi Amanfrom, Watch the video Below; “How inflation is affecting ...

President Nana Addo Dankwa Akufo-Addo is chairing the task force for the engagement with the International Monetary Fund (IMF), Information Minister Kojo Oppong Nkrumah has said. The Minister of Finance Ken Ofori-Atta and his team are leading the data-sharing exercise during the engagements, he added. The data-sharing, he explained, will determine what Ghana is qualified for and what it is ...

Government has given the assurance that its flagship programmes including the Free Senior High School will not be canceled as the country goes to the International Monetary Fund for a bailout in its economic crisis. “Government assures Ghanaians that #FreeSHS and other important flagship programmes would not be canceled despite the state’s application for IMF support,” a statement on the ...