GENERAL NEWS

Ratings agency, Fitch, has downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘RD’ (Restricted Default) from ‘C’ after the country missed the grace period to make a coupon payment ($40.6 million) on one of its Eurobonds. Fitch typically does not assign Outlooks to sovereigns with a rating of …

Some former Black Stars players have visited the family house of late Christian Atsu to sign the book of condolence opened in memory of the late footballer. Asamoah Gyan, Sulley Muntari, Agyeman Badu and Haminu Dramani were all present at the family house of Atsu in the early hours of …

The government has announced the final principal amounts of new bonds in the settlement of the domestic debt exchange programme (DDEP). The Finance Ministry in a statement disclosed that: ”In anticipation of the settlement of the Domestic Debt Exchange Programme (DDEP) on 21St February 2023, the Government announces the aggregate …

Tension is mounting between Denkyira Ayanfuri and Fobinso communities in the Upper Denkyira West District of the Central Region over the death of a 22-year-old man. The deceased, Evans Wireko, was reportedly stoned to death at Denkyira Fobinso over his alleged involvement in a robbery incident at a galamsey site …

  The Finance Minister, Ken Ofori Atta, has disclosed that talks are underway with China over Ghana’s debt following a successful domestic debt exchange programme.   Mr Ofori-Atta said negotiations with China are important because they hold the majority of the external bonds.       ELECTION 2024- PRE-POLL NOTE: …

The Metropolitan Chief Executive Officer for the Kumasi Assembly, Samuel Pyne, has said he is aspiring to take over the Majority Leader’s seat at Suame. According to him, he will only do so when the incumbent Member of Parliament (MP), Osei Kyei Mensah –Bonsu, decides not to contest again. “We …

The Asantehene Otumfuo Osei Tutu II has called on the leadership of Vodafone Ghana to protect jobs as it transfers its shares to the new owners, Telecel Group. There are fears some workers of the company may lose their jobs following the transfer of 70% of Vodafone shares to Telecel …

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A son of Zimbabwe’s former President, Robert Mugabe, has been arrested over allegations he damaged property at a party in Harare. Robert Mugabe junior, who is thought to be 31, is accused of destroying cars and other property over the weekend. He was arrested following a complaint from his friend, …

Management of the Ghana Immigration Service (GIS) says it has taken note of a widely circulated incident in which a group of persons, including its officer are alleged to have been terrorising miners within the mining communities in the Ashanti Region. A statement signed by the Head of Public Affairs, …