GENERAL NEWS

Interest rates inched up to 33% to reflect surging inflation and the rapid depreciation of the cedi.   The increase in interest rates is however lower than the current inflation of 37.2% and the rate of cedi depreciation which is more than 50%. This means the real rate of return …

Last week, the Ghana Private Road Transport Union (GPRTU) was preparing to come out with new rates. This was a result of what they said is the increasing fuel prices amid its attendant hardship suffered in the current economic downturn.   But even before the union could announce the new …

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Okyenhene Osagyefuo Amoatia Ofori Panin has hit back at persons who criticize and insult President Akufo-Addo over current economic hardship describing them as uncivilized villagers, witches, and wizards who have no sense of appreciation. According to the overlord of Akyem Abuakwa, Ghanaians must appreciate the significant contribution of President Akufo-Addo …

President of Ghana Nana Akufo-Addo has asked Ghanaians to have faith in him to change the country’s current ailing economy.   According to Nana Akufo-Addo he has kept faith in God, and he is optimistic that God will help him change the current economic crisis. Addressing congregants at the St. …

Emmanuel Andrews Sammini known by his stage name Samini (formerly as Batman Samini), a Ghanaian Reggae and Dance hall recording artiste has bemoaned the country’s dire economic situation, criticising President Akufo-Addo for the difficulties. Samini in a Facebook post said that because he believed in the President’s message of change, he supported him …

The President of the Republic, Nana Addo Dankwa Akufo-Addo, on Saturday, 22nd October 2022, commissioned the Abomosu Model Senior High School, which is one of the nine (9) new model schools being constructed by Government.   The Abomoso Model Senior High School is fitted with the full complement of amenities …

The International Monetary Fund (IMF) wants countries such as Zambia and Ghana with very high inflation or acute domestic demand pressures to tighten their monetary policy further. For countries with pegged exchange rates, the Fund, said, in its October 2022 Africa Regional Outlook Report that the amount of tightening needed …

The Church of Pentecost has handed over to the Ghana Prisons Service an Inmates Skills Acquisition and Reformation Centre in Nsawam, Eastern Region. The Center will rehabilitate and reintegrate prisoners into society. The 320-capacity fully furnished facility was handed over to the Ghana Prisons Service at a colourful ceremony at …

Over 500 delegates of the National Democratic Congress (NDC) in Upper Denkyira West Constituency were left stranded as the ballots for Saturday’s constituency elections failed to reach the voting centre at Denkyira Subin. According to incumbent Constituency Chairman, John Kay, the ballots were burnt and officials of the Electoral Commission, …