Ghana is ranked 1st in Africa with the largest outstanding debt to the International Monetary Fund.   According to the Fund’s Quarterly Finances as of the end of July 2022, the country’s loans outstanding is estimated at 1.31 billion Special Drawing Rights equivalent to about $1.69 billion.   The country’s …

Despite the escalating debt woes of Ghana, Ghana Cocoa Board (COCOBOD) is still expected to attract international banks to its annual one-year pre-export finance (PXF) or otherwise the Cocoa Syndicated Loan.   According to international research firm, Redd Intelligence, it is almost impossible for COCOBOD to default.   Defaulting on …

Minister for Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey, says Ghana will not recognize any annexation of Ukrainian territories by the Russian Federation. Addressing a special meeting of the United Nations (UN) Security Council on the Maintenance of the peace and security of Ukraine in New York City today …

The Minority in Parliament has denied accusations that  Akuffo-Addo/Bawumiah led government is seeking a bailout from the International Monetary Fund (IMF) due to unreasonable energy sector agreements undertaken by the former president, Mr John Dramani Mahama’s administration .   The Minority says media reports attributed to the Country Director of …

An African team will break the World Cup semi-finals barrier if the continent places more faith in its own coaches, according to Africa’s most decorated club coach Pitso Mosimane. For the first time since the World Cup started in 1930, there will be an all-African coaching cast for teams from …

The concept that mere theory does not do enough in education appears to have been agreed on by experts worldwide. But the implementation in many classrooms in Africa is yet to see a conscious evolution to practicalise lessons for children of school-going age. This was the angle Education Minister Dr …

The two suspects in the Mankessim murder case have been remanded in police custody. The two people, the Tufohen of Ekumfi Akwakrom, Nana Oye and a self-styled pastor have been arrested by the police in connection with the death and secret burial of a lady at Mankessim in the Central …

The Convention People’s Party (CPP) is calling for the resignation of President Nana Akufo-Addo following what it describes as the mismanagement of the country by the government over the past six years. Naming issues like illegal mining activities, the depreciation of the cedi, high inflation rate, and continuous price hikes …

The National Democratic Congress (NDC) has extended the date for the sale of nomination forms for Constituency executives elections.   ‘These concerns have centered around network and other challenges relative to the download of forms’, according to a statement sighted by MyGhanaMedia.com   The sale of the forms should have …

Four bodies have been retrieved, and an intensive search is continuing for three missing persons in what is suspected to be ritual murders that have hit Wa, the Upper West Regional capital. Since April, this year, seven men believed to be private security persons, have been abducted by unknown assailants …