The International Monetary Fund (IMF) has approved Ghana’s request for a US$3 billion bailout to support the country’s economic recovery, according to people familiar with the matter. The executive board of the International Monetary Fund met to discuss approval for the funding on Wednesday (17 May). The country is seeking …
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The Public Utilities Regulatory Commission (PURC) has increased tariffs for electricity and natural gas by 18.36% across the board for all consumer groups. The decision was taken after a review for the second quarter of 2023. PURC in a statement explained that the decision was taken to balance the prevention …
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The International Monetary Fund (IMF) will on Thursday, May 18 give details on the Ghana’s disbursements following a scheduled approval of the request for an extended credit facility by the country. The approval will be done on Wednesday, May 17 by the Executive Board of the Fund. In a media …
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Public transport fares are to go down by 10 percent effective today, Wednesday, May 17, 2023. Road transport operators attributed the reduction to consistent marginal reductions in the price of fuel. The reduction covers shared taxis, intra-city (trotro), intercity (long distance) and haulage. Announcing the reduction in a statement, the …
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Users of public transport will enjoy a 10 percent reduction in fares by 10% effective Wednesday, May 17, 2023. This comes on the back on the drop in the price of fuel. The road transport operators in a statement on Monday night said the reduction affects shared …
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The committee constituted by the Minister of Local Government, Decentralization, and Rural Development (MLGDRD) Daniel Botwe, to investigate recent fire outbreak at the Kumasi Kejetia Market on 14th March 2024 has completed its work and submitted it’s findings report to the ministry in Accra 11th May 2023. The report includes …
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The Minister of Trade and Industry, K.T Hammond has reiterated government’s commitment in providing employment avenues for the teeming number of youth in the country. This reiteration comes on the back of the nationwide commencement of the YouStart Initiative being implemented by the Ghana Enterprise Agency. The initiative promises to …
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Passengers of British Airways are mounting pressure on the airline to reduce its fares by signing an online petition. The petition, which was published on charge.com, already has 1,035 signatories as at 13:17 local time on Monday 8 May 2023. The petition was started by one Esther Lulu who said …
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The Environmental Protection Agency, (EPA) has disclosed that it will close down churches operating without a permit in the Volta Region. In an interview with Citi News, the Director of EPA in the Volta Region, Hope Smith Lomotey, said the move by EPA was necessitated after some churches in the …
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On May 1, 2023, a trade fair organized by a Nigerian in Accra was disrupted after some members of the Makola Wig Sellers’ Association stormed the event grounds in a bid to stop the sales from going on. According to the association, the sales by the Nigerian threatened their business …
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