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ALL POSTS FILED UNDER: GHANA

Ghana will not bear the cost of repairing faulty train – Railways Minister

April 23, 2024 10:01 am Add a Comment

The Minister for Railways Development, John Peter Amewu, has clarified that the responsibility for repairing Ghana’s new train that was involved in an accident during a test run at Abortia in the Volta Region, will not be on the state. … Read more →

Ghana, Cote d’Ivoire open Cocoa Secretariat

April 22, 2024 7:55 am Add a Comment

Ghana and neighbouring Côte d’Ivoire have finally established a common secretariat to maximise their potential in the production of cocoa. The two countries produce 65% of the entire world’s cocoa, making them the biggest producers. The decision to therefore come … Read more →

IMF projects 4.4% growth rate for Ghana in 2025

April 17, 2024 10:29 am Add a Comment

IMF is projecting a growth rate of 4.4 per cent for Ghana by the end of 2025. This was captured in the IMF’s Global Economic Outlook released on the sidelines of the Annual World Bank/ IMF Spring Meetings in Washington … Read more →

UK returns Ghana’s looted royal artefacts in loan deal

April 12, 2024 12:39 pm Add a Comment

The United Kingdom has returned 32 royal artefacts looted from Ghana’s Asante Kingdom in the 19th Century. The royal objects were taken from the Palace in Kumasi during the Anglo-Asante Wars, including the infamous Sagrenti War of 1874. They were … Read more →

Ghana rakes $2.8bn from exports this year

March 26, 2024 8:02 am Add a Comment

Ghana earned $2.8 billion from its major exports in the first two months of this year. A recent assessment of the country’s external sector developments indicated that in February of 2022, the same figure was recorded. Compared to some $2.5 … Read more →

Ghana’s economic downturn not only due to COVID-19 but also excessive spending – IMF

March 19, 2024 7:57 am Add a Comment

The International Monetary Fund (IMF) has said that Ghana’s ongoing economic challenges stem not only from the COVID-19 pandemic but also from excessive spending during election periods. The Managing Director of the Bretton Woods Institution, Kristalina Georgieva, pointed out that … Read more →

Ghana marks 76th anniversary of the 28th February Christianburg Crossroad Shooting

February 29, 2024 7:42 am Add a Comment

Today, February 28th, marks the 76th anniversary of the Christianburg Crossroad Shooting in Ghana.Every year, the colonial police killed three ex-servicemen, Sergeant Adjetey, Cpl Attipoe, and Private Odartey Lamptey, in 1948 while they were en route to Osu Castle to … Read more →

Ghana and 27 developing countries remain stuck in debt trap – World Bank

February 21, 2024 8:24 am Add a Comment

The World Bank has disclosed that 28 developing economies including Ghana with – the weakest credit ratings – remain stuck in a debt trap with no hope of escape anytime soon. According to the Bretton Wood institution, their average debt-to-Gross … Read more →

Diligently follow bailout programme guidelines – IMF to Ghana

February 6, 2024 8:46 am Add a Comment

The International Monetary Fund (IMF) has emphasised the importance for Ghana to stay committed to its bailout program to fully realize its benefits. The Bretton Woods Institution stressed the need for effective implementation of structural reforms, especially following the disbursement … Read more →

AFCON 2023: Ghana can still make round of 16, but the math is convoluted

January 23, 2024 9:13 am Add a Comment

Ghana drew 2-2 with Mozambique in their last Group B game, which has left the team on the brink of exiting the Africa Cup of Nations tournament at the group stage. The Black Stars appeared to be cruising for the … Read more →