Business

BoG may increase policy rate for 3rd consecutive time – US based Economist

July 19, 2022

The Bank of Ghana may increase the policy rate for the third consecutive time this year, following the increase in inflation rate to 29.8% in June 2022. According to Assistant Professor of Economics at Niagara University in New York, USA, Dr. Dennis Nsafoah, he expects the policy rate to re-anchor markets expectation of the near-term […]Continue Reading

NEWS

‘Exercise a little patience; your roads will be fixed soon’ – Kyei-Mensah-Bonsu to Suame residents

July 19, 2022

Member of Parliament for Suame, Osei Kyei-Mensah-Bonsu, has asked his constituents to “exercise a little patience” for construction works to begin on their deplorable roads. The Majority Leader said work will soon resume on the Suame-Maakro road. Mr. Kyei-Mensah-Bonsu said the bitumen shortage to the contractor contributed to delays in road works. Splashed water from […]Continue Reading

NEWS

Goalkeeper crashed to death while chasing ball during Gomoa friendlies

July 19, 2022

A 17-year-old goalkeeper, identified as Yaw Abedi, from Gomoa Nglesi, has been crashed to death during a friendly match at Odumasi. He was run over by a Sprinter Bus with registration number GW 9836-21, while chasing the ball which was kicked outside the pitch to the highway. Information gathered indicated that the match was a […]Continue Reading

Business

Bawumia’s blame of NDC for going to IMF ‘ridiculous and comical’ – Mahama

July 18, 2022

Former President Mahama has described Vice President Bawumia’s blame of his (Mahama’s) administration, partly, for the need to seek assistance from the International Monetary Fund (IMF), as ridiculous and comical. According to him, this is unbecoming of someone tasked with the role of Head of the Economic Management Team. Vice President Bawumia while launching an […]Continue Reading

Business

More OMCs cut fuel prices

July 18, 2022

More Oil Marketing Companies (OMCs) are expected to review prices of petroleum products downwards, from this morning (July 18, 2022). It’s coming after the Bulk Oil Distributors cut the prices of finished petroleum products. One of the leading market players, Total Energies, has already slashed prices of fuel at the pumps since last week. GOIL […]Continue Reading

Business

Traffic congestion on Tema-Accra road to ease as train service resumes

July 18, 2022

The Tema-Accra passenger train service which was suspended temporarily for rehabilitation work, has resumed today, Monday 18th July 2022. This comes after the GRCL successfully addressed the technical challenges that led to the suspension. The GRCL conducted series of test run, final joint inspection also carried out on 7th July 2022 by GRCL and Ghana […]Continue Reading

Crime

Bono East police arrest six hardened armed robbers

July 18, 2022

The Police, through an intelligence-led operation on Sunday July 17, 2022, arrested six suspects who are a part of a gang of robbers terrorizing people. According to the Police, victim, who was robbed on July 17, 2022, at Nkwaeso on Sunyani Road identified one of the suspects, Issa Mohammed, to be among the people who […]Continue Reading

Business

Majority of Ghanaians believe e-levy is a bad idea – Afrobarometer survey

July 14, 2022

Majority of Ghanaians are not in favour of the Electronic Transfer Levy (E-levy), a new Afrobarometer study shows. The government introduced the e-levy on May 1, 2022, in a bid to widen the tax net. However, a large majority of Ghanaians think it is a bad idea and will mean a greater tax burden on […]Continue Reading

NEWS

Free SHS not in danger of being cancelled under IMF programme – Country rep

July 14, 2022

The International Monetary Fund has no intention of compelling the Government of Ghana to cancel the Free Senior High School policy which has been criticised for being a massive burden on the country’s purse. “It is important to say that Free SHS is a revolutionary policy, so why cancel it?” said the IMF’s Resident Representative […]Continue Reading

Opinion

Gov’t must set good example to ease labour unrest – Kwabena Donkor

July 14, 2022

The Ranking Member on the Employment, Labour and Social Welfare Committee of Parliament, Dr. Kwabena Donkor, believes expenditure cuts by the government will be a show of good faith towards striking labour unions. This comes on the back of the increasing demand for the 20 percent Cost of Living Allowance (COLA) by organised labour, which […]Continue Reading