Yearly Archives: 2019

‘Corrupt’ World Bank, IMF want Akufo-Addo to fail – Ken Agyapong

Member of Parliament for Assin Central Constituency, Kennedy Ohene Agyapong, has said the World Bank, IMF and western nations have ganged up to make President Akufo-Addo unpopular, following the latter’s resolve to make Ghana self-sufficient to wean the country off from foreign aid. “This is what Akufo-Addo wants to do …

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Youtuber jailed for insulting Morocco King

A Moroccan YouTuber, Mohamed Sekkaki, known as “Moul Kaskita”, has been sentenced to four years in prison by a court in the western city of Settat, on Thursday for “insulting the king” in a video broadcast on social networks, his lawyer said. In a separate case, a Moroccan journalist and …

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Liberia’s President Weah lashes out at former Vice President

President George M. Weah addressing wide range of national issues confronting the country on Friday, December 20, 2019 tongue-lashed former Vice President Joseph N. Boakai pointing out that his time (political relevance)is gone; and inciting people to oust his government is no need because he had 12 years and messed …

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IMF says Ghana’s inflation rate too high

The International Monetary Fund (IMF) says Ghana’s current inflation target range of 8±2% is relatively high compared to its peers in sub-Saharan Africa (SSA). This is clearly attributed to its high-interest rates on the continent. Ghana’s yield of about 14 and 15% on Treasury Bills and 24% average lending rate …

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Bank of Ghana reacts to Game rejecting GH¢200 note as payment

The Bank of Ghana has encouraged the general public particularly retail outlets, to accept the new GHC100 and GHC200 currency notes as they remain legal tender. The advice follows a viral video where a customer was allegedly turned away at a Game shop when he issued a 200 cedi note …

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Islamic State in Nigeria ‘beheads Christian hostages’

The Islamic State group has released a video claiming to show the killing of 11 Christians in Nigeria. IS said it was part of its recently declared campaign to “avenge” the October deaths of its leader and spokesman in Syria. No details were given about the victims, who were all …

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FDA bans 16 tomato paste products

The Food and Drugs Authority has directed the withdrawal of all batches of certain brands of tomato paste from the market which were found to contain the ingredients starch and colour, that were not indicated on the labels. According to the FDA, these ingredients are not permitted in tomato paste …

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FACT-CHECK: 4 claims by John Mahama during Facebook live interaction

Claim: Four claims about the Service sector being the largest sector and fastest growing, IMF warning Ghana is in danger of debt distress, Transformed Bost from worst performing state-owned enterprise to Best Performing and banking sector crisis has led to almost 20,000 job losses Source: Former President John Mahama Verdict: One true, one …

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I was overweight when I joined Palace – Jordan Ayew

Jordan Ayew has revealed the reason behind his initial struggles at Crystal Palace, confessing that he was “overweight” at the start of the 2018-19 season. Ayew joined the Eagles on a season-long loan from Swansea in the summer of 2018, which allowed him to remain in the Premier League after …

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