International rating agency, Fitch, has further downgraded Ghana’s Long-Term creditworthiness to Restricted Default (RD) from ‘C’. The issue ratings on local-currency bonds issued domestically have also been downgraded to Default (D) from ‘C’. In a statement, Fitch also affirmed Ghana’s Long-Term Foreign Currency (FC) IDR at ‘C’. Fitch typically does …

Ghanaian medical students in Cuba on government scholarship are lamenting over the non-payment of their stipends for the past seven months. The students lament that the situation is making life difficult for them as they live on the benevolence of colleagues and friends. They explain that the Scholarship Secretariat has …

The Office of the Special Prosecutor is prosecuting four persons including James Keck Osei, the Director of Administration at the Office of the Vice President. The OSP had accused the four persons– three public servants and one civil servant– of failing to declare their income sources. The four are Issah …

Okyenhene Osagyefo Amoatia Ofori Panin says Ghana’s economic woes may linger forever if managers of the country do not depart from exporting raw materials and become a production hub and contributor of refined products on the world market. He says, like many other African countries, Ghana is confronted with a …

Val Charity Foundation, has distributed free sanitary pads to school girls in the Brim central Municipal Assembly and Asene Manso Akroso District in the Eastern region. The beneficiary schools were; Aboabo Presbyterian Primary and JHS, Aboabo Salvation Army, Asene Presbyterian and Akyem Esem. The donation forms part of the social …

A group of New Patriotic Party (NPP) Members of Parliament have protested against the treatment meted out to former Minority Leader and MP for Tamale South, Haruna Iddrisu. Led by Amidu Chinnia, MP for Sissala East Constituency, the MPs told the media at Parliament on Tuesday, February 7, 2023 that …

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The Appointments Committee of Parliament will be vetting Ministers and Deputy Ministers nominated by President Nana Addo Dankwa Akufo-Addo from Monday, February 20, 2023. Member of Parliament (MP) for Adansi Asokwa, K.T. Hammond, the Minister designate for Trade and Industry, the MP for Nhyiaeso, Stephen Amoah would be serving as …

The International Monetary Fund (IMF) has appointed a Resident Advisor to the Bank of Ghana (BoG) to oversee financial sector supervision in the country. The fund appointed Leonard Chumo, an Irish and Kenyan, to the central bank this month to provide technical assistance and help build the capacity of the …

Some aggrieved students have clashed with police at the forecourt of the Commonwealth Hall at the University of Ghana as they tried to access the facility. The former residents of the hall are protesting to register their displeasure over what they see as management’s silence on the accommodation crisis. This …