Ahead of the December 7 polls, the United States of America (USA) has announced a new policy that will restrict US visas for any individual responsible for undermining democracy in the country. The US Department of State, which issued the … Read more →
The Sekondi-Takoradi Metropolitan Assembly (STMA) has set Monday 7th November 2022 to demolish all unauthorized structures at Sekondi Railway Station close to European Town in Sekondi. This action follows the eviction notice served on owners of affected structures in 2021 … Read more →
At least 60 people were killed on Sunday after a 100-year-old suspension bridge collapsed in India, a senior official said. Reports earlier said the death toll could be as high as 50 or 60 with around 100 others injured, but … Read more →
President Nana Addo Dankwa Akufo-Addo has implored people talking down the local currency Cedi to desist. According to him, talking down the Cedi is contributing to its woes. Addressing the nation on the economy on Sunday October 30, Mr Akufo-Addo … Read more →
President Nana Addo Dankwa Akufo-Addo says he is much aware of the difficulties Ghanaians are facing in the face of the current economic challenges. Nana Akufo-Addo says government is working to mitigate the plight of the citizenry. “I have seen … Read more →
The world’s richest man, Elon Musk, has completed his $44bn (£38.1bn) takeover of Twitter, according to US media and an investor in the firm. He tweeted “the bird is freed”, in an apparent reference to the deal closing. A number … Read more →
Vladimir Putin has overseen annual nuclear exercises by Russia’s strategic nuclear forces at a time of heightened tensions with the West over his eight-month-long war in Ukraine. Ballistic and cruise missiles were launched in the Far East and Arctic, the … Read more →
Sales at the tech giants Alphabet and Microsoft have slowed sharply, adding to fears of a downturn in the economy. Alphabet, which owns Google and YouTube, said sales rose just 6% in the three months to September, to $69bn, as … Read more →
Mercedes has become the latest Western company to pull out of Russia, following the invasion of Ukraine in February. The German-based firm stopped manufacturing in and exporting to the country in early March. But now it says it will withdraw … Read more →
One person has been seriously injured after a vehicle veered off the Fijai-Effia highway to strike a billboard. A Nissan pick-up truck with registration number GT-1954 T branded with International Anti-Leprosy Organisation about 9:00 am on Wednesday, October 26, coming … Read more →
The Ghana Private Road Transport Union (GPRTU) has disclosed that the Union will increase transport fares by 19% effective October 29. According to Godfred Abulbire, General Secretary of the Union, the increment is due to the recent hikes in fuel … Read more →
Illegal mining activities in Ghana have become the concern of various Ghanaians as it keeps destroying our forest reserves and various water bodies. The likes of River Ankobrah, Bia River, River Tano, Amoya Stream and others that serve as drinking … Read more →
The Police have arrested suspects Nana Owusu Banahene and James Quainoo in connection with some disturbances at Dzorwulu Accra, over a disputed land. The suspects allegedly organised some thugs with an excavator to demolish a four-bedroom apartment building at Dzorwulu … Read more →
The Bank of Ghana (BoG) meeting with Managing Directors of Banks and some forex bureaux as part of moves to stabilize the forex market today, Tuesday October 25 has commenced in Accra. The ongoing meeting also forms part of efforts … Read more →
Liz Truss’s tenure as Britain’s shortest-serving prime minister came to an end Tuesday, after 49 days in office, and Rishi Sunak’s premiership begins, as he picks up responsibility for Britain’s battered economy and deeply divided politics. Here’s how the day … Read more →
Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi. The increase in interest rates is however lower than the current inflation of 37.2% and the rate of cedi depreciation which is more … Read more →
Last week, the Ghana Private Road Transport Union (GPRTU) was preparing to come out with new rates. This was a result of what they said is the increasing fuel prices amid its attendant hardship suffered in the current economic downturn. … Read more →
Ghanaian businessman and chancellor of the University of Cape Coast, Sam Jonah, has advised President Akufo-Addo to begin solving Ghana’s economic crises by tackling the importation of foreign goods. Speaking at the 60th anniversary of the University of Cape Coast … Read more →
Global leader in financial services and US firm, JP Morgan has warned that the probable debt restructuring of Ghana’s debt would further weaken the Ghana cedi, even if an increase in Foreign Exchange Forward Auction sizes or reversal of the … Read more →
Two major world cocoa producers, Ivory Coast and Ghana have boycotted World Cocoa Foundation (WCF) meeting in Belgium over pricing. The industry meeting to be held in Brussels scheduled for this week would not see representatives of the two world … Read more →
The Sekondi-Takoradi Metropolitan Assembly (STMA) has between January and August this year raised GHC9.345 million in Internally Generated funds. The amount represented 62.8 per cent of a projected internally generated revenue of GHC14.874 million. Mr Abdul Mumin Issah, Metropolitan Chief … Read more →