Business

Cedi depreciation pushes Ghana’s debt to over GH¢390 billion in April; 78% of GDP

May 23, 2022

Recent data released by the Bank of Ghana put Ghana’s total public debt stock, as of March 2022, at US$ 55.1 billion or GH¢391.9 billion. In Dollar terms, the debt dropped by over $3 billion in the first 3 months of the year, from $58.4 billion in January to $55.1 billion in March. In Cedi […]Continue Reading

Crime

Accra: Police arrests errant motorcyclists, warns them to ‘go and sin no more’

May 20, 2022

The Motor Traffic and Transport Department of the Ghana Police Service on Thursday May 19, 2022, arrested scores of motor riders as part of the Police Action Against Rider Indiscipline (PAARI). The suspects were cautioned, sensitised and released to go and sin no more after interaction with some senior police officers. The riders were arrested […]Continue Reading

Business

BoG Governor confident inflation has peaked; expects rate to start declining

May 20, 2022

Governor of the Bank of Ghana, Dr. Ernest Addison, has described as baffling the sustained rise in the rate of inflation in the country. According to the governor, the Monetary Policy Committee, which is meeting to review developments in the economy, will need to decide on the current policy rate, which stands at 17%. The […]Continue Reading

NEWS

Applaud Gov’t for doing the right thing with Achimota forest’ – Benito

May 20, 2022

A Deputy Minister for Lands and Natural Resources, Benito Bio-Owusu, has justified the government’s decision to remove the reserve status from parts of the Achimota forest. “What the government has done is to do the right thing. hen we do the right thing by being transparent as a government, we must be applauded for that. […]Continue Reading

NEWS

NCA commemorates 2022 World Telecommunication and Information Society Day

May 20, 2022

The National Communications Authority (NCA), joined the rest of the world in commemorating this year’s World Telecommunication and Information Society Day (WTISD) under a global theme, ‘Digital Technologies for Older Persons and Healthy Ageing’. The day is observed annually on 17th May. The event took place at the NCA Tower in Accra. According to the […]Continue Reading

Business

Mechanics, traders on GAEC land relocated to Kwabenya new market

May 20, 2022

About 200 auto-mechanics and petty traders on portions of the Ghana Atomic Energy Commission’s land have been relocated to the Kwabenya new market enclave after a series of engagements and notices. This is to allow for the allocation of the said land to the Circuit Court, National Investigation Bureau and other state agencies for the […]Continue Reading

Business NEWS

We have no control over rising food prices – Agric Ministry

May 20, 2022

The Ministry of Food and Agriculture says, although it is concerned about the high cost of food prices, little can be done from its end to tackle the situation. It attributes the increases to factors beyond its control, such as fertilizer supply, cost of agricultural inputs, and transportation cost, among others. Food prices in the […]Continue Reading

NEWS

I bought the 2 tigers to boost tourism in Ghana – Freedom Jacob Caesar

May 20, 2022

Business mogul, Nana Kwame Bediako, popularly known as Freedom Jacob Caesar, has admitted that he is keeping two tigers in his house. He says he has had the two tigers for six months now. Some residents at Wonder World Estates, Avenue Lincoln near the British High Commission at Ridge in Accra, had expressed worry over […]Continue Reading

NEWS

Forestry Commission to relocate 2 tigers from an Accra residence – Police

May 20, 2022

The Ghana Police Service says it is taking steps to remove some two tigers from a private residence in Accra. This follows complaints from residents of Wonder World Estates, Avenue Lincoln near the British High Commission at Ridge over their presence in the community which makes them feel unsafe. They insist attempts to get the […]Continue Reading

NEWS

Uneasy calm at WondaWorld Estates as wildlife officers move in to remove tigers

May 20, 2022

There is an uneasy calm around the WondaWorld Estates in Accra where the estate’s millionaire owner, Nana Kwame Bediako, popularly known as Cheddar, is keeping two tigers. Today, the wildlife Division is expected to remove the carnivorous animals after residents said they feared for their lives with the wild animals in the neighbourhood. The Wildlife […]Continue Reading