President John Mahama has reaffirmed his government’s commitment to sustaining inflation within single digits, following a marked drop in the rate to 3.2 per cent. The President said the achievement forms part of a broader strategy to stabilise the economy … Read more →
Year-on-year inflation shot up further by 2.2% to 29.8% in June 2022, the latest data from the Ghana Statistical Service (GSS) has revealed. This is the highest recorded since December 2003. However, the rate of inflation, according to the inflation … Read more →
Government and Organised Labour have concluded negotiations on the controversial Cost of Living Allowance (COLA) after weeks of disagreement between the two parties. A 15 percent allowance has been agreed effective July 1, 2022 for all workers in the public … Read more →
Senior staff of the country’s public universities have declared a strike today. At a news conference at the main entrance of the University of Ghana, members of the Senior Staff Association of the Universities of Ghana were asked by their … Read more →
Crisis-hit Sri Lanka declared a nationwide state of emergency on Wednesday, hours after President Gotabaya Rajapaksa fled the country on a military jet in the face of a public revolt against his government for mishandling the country’s economy, the Prime … Read more →
A 37-year-old woman, Helen Tettey on Wednesday morning delivered a set of five babies (quintuplets), all girls at the St Martin’s de Porres hospital at Agomanya in the Lower Manya Krobo Municipality of the Eastern region. The woman who already … Read more →
The Eastern Region Conference of Heads of Assisted Secondary Schools (CHASS) is now considering the closure of schools in the region because of the shortage of food items. In a statement, it said there have been food shortages for the … Read more →
The International Monetary Fund (IMF) has concluded its initial mission to Ghana as part of an invitation for the fund to assist the country stabilise and revitalise the economy. It is the 18th time Ghana is going to the IMF for … Read more →
The Latest Afrobarometer survey on Economy, public services and taxation has revealed that majority of Ghanaians believe the country is heading in the wrong direction. According to the Director for Research at Ghana Center for Democratic Development (CDD-Ghana) Dr. Elorm … Read more →
The team from the International Monetary Fund (IMF) has advised Ghana’s Parliament to approve a $1bn loan that is before the House in order to prevent economy from grinding to a halt, TV3’s Parliamentary correspondent Komla Kluste has reported. The team … Read more →
Two persons, the Municipal Chief Executive (MCE) for Bibiani-Anwhwiaso Alfred Amoah and his driver have died in a motor accident at Akim Fisher on the Accra Kumasi highway in the Eastern region. Police report say Alfred Amoah was on board … Read more →
The Ghana Private Road Transport Union (GPRTU) and members of the Private Transport Operators have served notice to increase transport fares next week. This is due to the current economic situation they said they find themselves in the country, a … Read more →
The police in Weija have arrested two persons for possessing a freshly chopped-off male head. The suspects, who are currently in police custody, are Samuel Amemasi, 32, and Joseph Kwesi Mawuwone, 23. Police sources that confirmed the arrest to the … Read more →
The Ghana Immigration Service (GIS) has directed all its regional and sector commanders to institute stringent measures at all points of entry into the country and intensify patrols following another jailbreak in Nigeria. Nigeria, on the night of Wednesday, July … Read more →
The World Bank has said that 29% of Ghanaians who are into wage employment are better off than 69% who are into self-employment. The Bretton Wood institution, therefore, wants the government to pay attention to that. Speaking at the 6th … Read more →
Tired of seeing his family’s money being donated to the local church, an exasperated Russian man set the place of worship a blaze in a feat of rage. On the morning of June 26, a fire broke out at the … Read more →
Tetsuya Yamagami, the man accused of assassinating former Japanese Prime Minister Shinzo Abe, was reportedly motivated by his hatred of the Family Federation for World Peace and Unification, also known as the Unification Church. Members of the Unification Church are … Read more →
The Public Services Workers’ Union (PSWU) has also served notice of its intention to embark on industrial action on Tuesday, July 19, to demand a 20 percent Cost of Living Allowance. The union said this has become necessary due to … Read more →
CEO of Citi Fm / Citi TV Samuel Atta Mensah has waged into recent conversations on the alleged unpaid salaries of staff of media company EIB Network. On Monday July 4 , 2022 , news went viral that some staff … Read more →
Tory MPs are jockeying for position in the race to succeed Boris Johnson after the prime minister quit as Tory leader following a dramatic cabinet mutiny. Tom Tugendhat is the latest MP to enter the leadership battle, joining Attorney General … Read more →
Japan’s former prime minister Shinzo Abe is said to be in grave condition after he was shot at a political campaign event. Mr Abe was shot at twice while he was giving a speech in the southern city of Nara … Read more →