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Benin’s Wadagni wins presidency in landslide with over 94% of votes
Posted on with No CommentBenin’s Finance Minister Romuald Wadagni secured a landslide victory in the West African nation’s April 12 presidential election, garnering over 94% of ?the votes, provisional results from the electoral commission showed on Monday. Sacca Lafia, head ?of the country’s ?independent … Read more →
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$360m IMF cash hits BoG account
Posted on | CommentThe Executive Board of the International Monetary Fund (IMF) has approved the second review of Ghana’s $3 billion loan programme, enabling for the immediate disbursement of $360 million to the country. Finance Minister, Dr. Mohammed Amin Adam, who disclosed this, said $360 … Read more →
Zion Praise Chapel set for IPG ’24 with Joshua Selman, Michael Orokpo, others in Takoradi
Posted on | CommentThe Zion Praise Chapel International (ZPCI) is set to host a remarkable event, the ‘International Prophetic Gathering (IPG) 2024,’ from August 4 to 11, 2024. This much-anticipated spiritual assembly promises to be a week of profound prophetic insights and divine … Read more →
Ghana’s economic progress reason for third tranche disbursement – IMF
Posted on | CommentThe International Monetary Fund (IMF) has commended Ghana for its stellar economic performance amidst global challenges. During a joint press conference held on July 1, 2024, IMF Mission Chief for Ghana, Stephane Roudette, praised the country’s significant strides under the … Read more →
US Ambassador calls on Ya-Na Abukari II
Posted on | CommentThe United States Ambassador to Ghana, Virginia Palmer, has called on the King and Overlord of Dagbon, Ya-Na Abukari II at his residence in Accra. The Ambassador was accompanied by Mission Director of the United States Agency for International Development … Read more →
IMF revises Ghana’s growth target from 2.8% to 3.1% for 2024
Posted on | CommentThe International Monetary Fund (IMF) has revised Ghana’s growth rate forecast from 2.8% to 3.1% by the end of 2024. This adjustment is attributed to the reforms Ghana is implementing under the IMF programme, which significantly supports its economic recovery. … Read more →
Einstein atomic bomb letter to be auctioned
Posted on | CommentA letter from Albert Einstein, which encouraged the US to develop the world’s first nuclear bombs, is to go up for auction. Written to President Franklin D Roosevelt, in 1939, the note warns that Nazi Germany might be able to … Read more →
Bank of Ghana has maintained a prudent monetary policy stance – IMF
Posted on | CommentThe International Monetary Fund (IMF) has said that Ghana’s central bank has maintained a prudent monetary policy stance to sustain a rapid reduction in inflation and has taken steps to rebuild international reserves. According to the Fund, the BoG has … Read more →
Ghana’s economy to expand by 3.4% in 2024 – IC Africa
Posted on | CommentResearch firm, IC Africa, is upbeat about the growth of the Ghanaian economy in 2024, saying, the economy will expand by about 3.4%, higher than the 2.9% growth rate in 2023.This is however lower than the 4.3% UK-based Fitch Solutions … Read more →
Ghana records $4.6bn in remittances in 2023
Posted on | CommentA new report by the World Bank has revealed that Ghana was the second top recipient of remittances in sub Saharan Africa in 2023. In 2022, Ghana recorded $4.7 billion in remittances, occupying the second position in that year. This … Read more →
Man 23, marries 40yr old pregnant mother
Posted on | CommentThe Zimbabwean woman and her son claim to be in love with each other and they decided to take their relationship to the next level and get married considering that the mother, Betty Mbereko (from Mwenezi in Masvingo) is now … Read more →
Ghana banks struggle despite recapitalisation progress
Posted on | CommentMore banks may struggle to pay interim dividends to shareholders despite the permission granted by the Bank of Ghana following progress made in their recapitalisation efforts. Citi Business News has gathered that only nine out of the 23 commercial banks … Read more →
Greater Accra will decide 2024 elections – Ga Mantse
Posted on | CommentThe GA Mantse, King Tackie Teiko Tsuru II, has asserted that the Greater Accra Region will be a pivotal factor in determining the outcome of the 2024 elections in Ghana. The King of Accra made this bold statement when the … Read more →
Fitch Solutions revises Ghana’s 2024 growth rate upwards to 4.3%
Posted on | CommentFitch Solutions has revised Ghana’s real Gross Domestic Product (GDP) growth for 2024 to 4.3%, from the previous 3.8%. The London-based firm is also forecasting an expansion of the Ghanaian economy by 4.5% in 2025. It attributes its revision of … Read more →
Ghana High Commission in Kenya warns against travel amidst unrest
Posted on | CommentGhana’s High Commissioner to Kenya, Damptey Bediako Asare, is advising Ghanaians to be cautious about travelling to Kenya due to escalating protests in the East African country. Protesters have launched what they call “7 Days of Rage,” with street marches … Read more →
Ghana’s economy will surprise the world – Finance Minister
Posted on | CommentGhana’s Finance Minister, Dr. Mohammed Amin Adam, has made a bold declaration regarding the country’s economic trajectory, stating that it is experiencing a robust rebound after facing significant challenges over the past two years. Speaking at a UK Town Hall … Read more →
5 Ghanaian MPs trapped in Kenya uprising
Posted on | CommentFive Ghanaian Members of Parliament from both the ruling New Patriotic Party, NPP, and National Democratic Congress, NDC, on Tuesday, were locked up in Kenya, following a protest by some of the country’s citizens where the Police fired gunshots at … Read more →
Empowerment Worship Centre ready for ‘Stand in the Gap’ 48 hour non-stop prayers
Posted on | CommentEmpowerment Worship Centre (EWC) is set to embark this year’s ‘Stand in the Gap’ from June 27th to June 29th at The Prayer Factory, Dzorwulu in Accra. The 48 hour non-stop prayer service promises to be a spiritual milestone, featuring … Read more →
Wikileaks: Julian Assange freed in US plea deal
Posted on | CommentAfter a years-long legal saga, Wikileaks says that founder Julian Assange has left the UK after reaching a deal with US authorities that will see him plead guilty to criminal charges and go free. Assange, 52, was charged with conspiracy … Read more →
Akufo-Addo orders Finance Ministry to release ¢1.5bn bailout to banking sector clean-up victims
Posted on | CommentPresident Akufo-Addo has instructed the Finance Ministry to disburse ¢1.5 billion to assist customers affected by the banking sector clean-up operation. Finance Minister Dr Mohammed Amin Adam announced this directive over the weekend during a UK Town Hall meeting. Dr … Read more →
UK’s richest family convicted of exploiting servants
Posted on | CommentFour members of the UK’s richest family have received prison sentences for exploiting staff brought over from India to work at their Geneva villa. Prakash and Kamal Hinduja, as well as their son Ajay and his wife Namrata, were found … Read more →
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(Nana Kwesi)