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Prez. Mahama vows to keep inflation in single digits after sharp decline
Posted on with No CommentPresident 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 →
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Prez. Akufo-Addo’s first comment on IMF – ‘With hard work, unity, Ghana will succeed’
Posted on | CommentPresident Nana Addo Dankwa Akufo-Addo has explained that his government decided to see the collaboration with the International Monetary Fund (IMF) as a way to repair in the short run, Ghana’s public finances, which have taken a severe hit as a result … Read more →
Ghana records 2 suspected cases of Marburg virus disease
Posted on | CommentThe Ghana Health Service has confirmed the presence of two suspected cases of Marburg virus disease in Ghana. It said the cases were found in the Ashanti Region. “The disease was suspected following the identification of two persons who met … Read more →
Prez. Akufo-Addo hasn’t used private jet within last 3 months; Belgium case an exception – Nitiwul
Posted on | CommentThe Minister of Defence, Dominic Nitiwul says President Nana Addo Dankwa Akufo-Addo has not travelled in a rented private jet within the last three months, as part of the government’s efforts at cutting down on government expenditure. “Over the last … Read more →
Groupe Nduom will bounce back stronger – Kwesi Nduom
Posted on | CommentChief Executive of Groupe Nduom, Dr Papa Kwesi Nduom, has expressed his gratitude to the people of Elmina for being behind him in his difficult time. The business mogul, who hails from Elmina, over the weekend joined his people to … Read more →
Boris Johnson resignation: What happens now?
Posted on | CommentBoris Johnson is set to resign as Conservative leader and will step down as prime minister when a new leader is found. He quits Downing Street after less than three years in the job, despite having won a huge majority … Read more →
Bank of England vows to bring down inflation
Posted on | CommentThe Bank of England has hinted at further interest rate rises as it vows to bring inflation back down to 2%. The central bank’s focus was getting prices down and making life more affordable again, its chief economist Huw Pill … Read more →
British Airways to cancel 10,300 more flights
Posted on | CommentBritish Airways is to cut 10,300 more short-haul flights due to feature in its schedule between August and the end of October. This latest announcement means nearly 30,000 flights will have been removed from BA’s schedule between April and October … Read more →
Ukraine war: 21,000 alleged war crimes being investigated, prosecutor says
Posted on | CommentUkraine says it is investigating more than 21,000 war crimes and crimes of aggression allegedly committed by Russia since the start of its invasion. Prosecutor General Iryna Venediktova told the BBC she was receiving reports of between 200 to 300 … Read more →
Boris Johnson’s government plunged into crisis as key ministers quit
Posted on | CommentTwo of the United Kingdom’s most senior ministers have resigned from the cabinet in the latest blow to Prime Minister Boris Johnson’s leadership. Health Minister Sajid Javid and Finance Minister Rishi Sunak announced their resignations within minutes of each other … Read more →
Gunmen attack President Buhari’s convoy
Posted on | CommentGunmen have attacked a convoy of Nigerian President Muhammadu Buhari’s team in Katsina, his home state in the north. Two persons sustained injuries in the advance convoy of security guards, protocol and media officers, according to a statement by the … Read more →
Prez. Akufo-Addo presents 45 buses to Metro Mass Transit
Posted on | CommentAs part of efforts to revamp the operations of the Metro Mass Transit, President Nana Addo Dankwa Akufo-Addo, has presented 45 brand new VDL for onward distribution to the various the regions. This is in fulfilment of government’s pledge to … Read more →
E-Levy, wage bill, others high on agenda as IMF bailout negotiations kick-start
Posted on | CommentThe highly anticipated meeting between government negotiators and officials of the International Monetary Fund (IMF) has commenced. The Fund’s officials are led by Mission Chief for Ghana, Carlo Sdralevich as the fate of Ghana’s financial future is tabled for discussion … Read more →
Abortion is like hiring a hitman – Pope Francis
Posted on | CommentThe Pope has re-emphasized his opposition to abortion in the wake of the controversial U.S. ruling to overturn Roe v. Wade, describing the medical procedure as akin to “hiring a hit man.” The pontiff made the comments during a 90-minute interview at the … Read more →
University of Ghana, Mensah Sarbah Hall floods after hours of heavy downpour
Posted on | CommentTuesday’s rains came and went, leaving behind a trail of damage in most parts of Accra. The University of Ghana was not an exception as the Mensah Sarbah Hall is reported to have flooded. The flood was as a result … Read more →
Teacher Unions declare nationwide strike demanding ‘Cost of Living Allowance’
Posted on | CommentFour teacher unions have declared an indefinite nationwide strike – effective Monday, July 4 – over demands for the payment of the Cost of Living Allowance (COLA). The unions, comprising the Ghana National Association of Teachers (GNAT), the National Association … Read more →
JoyNews’ Justice Baidoo and 40 leaders from Africa selected for AGYLE programme
Posted on | CommentJoyNews’ award-winning journalist, Justice Baidoo, has been named among the Top 40 leaders for the African-German Young Leaders in Business (AGYLE) programme, 2022. He is among leaders drawn from Africa and Germany for the AGYLE programme this year. The programme … Read more →
Ukraine govt lays out $750-bn ‘recovery plan’ for postwar future
Posted on | CommentUkrainian President Volodymyr Zelenskyy said Monday the reconstruction of his war-battered country is the “common task of the entire democratic world”, as his prime minister laid out a $750-billion recovery plan once invading Russia’s guns fall silent. As Russian forces … Read more →
Dr. Wereko-Brobby jibes government’s IMF move
Posted on | CommentNew Patriotic Party (NPP) stalwart, Dr. Yves Charles Wereko-Brobbey, popularly known as Tarzan, appears to mock the economic managers of the country following government’s decision to engage the International Monetary Fund (IMF) for a bailout. In a terse post on social … Read more →
IMF intervention: Government upbeat about economic stability — Oppong Nkrumah
Posted on | CommentThe government is optimistic that the resort to the International Monetary Fund (IMF) will help stabilise the economy and restore buffers to make it stronger. It said it had been compelled to approach the IMF because the COVID-19 pandemic had … Read more →
Prez. Akufo-Addo directs Finance Minister to engage IMF for economic programme
Posted on | CommentPresident Akufo-Addo has directed the Finance Minister, Ken Ofori-Atta, to begin formal engagements with the International Monetary Fund, for an economic programme, Joy Business can authoritatively confirm. A statement signed by the Information Minister, Kojo Oppong Nkrumah, and dated July … Read more →
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(Nana Kwesi)