The International Monetary Fund (IMF) has backed government’s recent policy towards fiscal consolidation as captured by the 2021 budget. Leader of IMF’s mission Carlo Sdralevich made these observations at the end of virtual meetings under Article IV between Wednesday, April 28 and Wednesday, May 12. “The 2021 budget’s recent policy …

Ghana’s debt increase of 137 percent between 2016 and 2020 is lower than that of previous administrations, Finance Minister, Ken Ofori-Atta has disclosed. Comparing debt levels of all the past governments, Mr Ofori-Atta said the rate of increase in debt presently, was lower than that of former President John Kufuor, late former …

The Ministry of Health (MoH) has released the timetable for the second covid-19 vaccination exercise. The initial date for the second doses was April 27 but the new schedule for the second dose will be starting on May 19. Ghana received 350,000 doses of the AstraZeneca (AZN.L) coronavirus vaccine earlier …

Surgeons at the Komfo Anokye Teaching Hospital (KATH) in Kumasi are protesting over the unsafe theatre used for surgeries. The Surgeons are also complaining about the lack of basic equipment at the Surgery department. They claim that several complaints lodged with the management have not been resolved adding that the …

Students of School for the Blind in Akropong in AkuapemUnited North Municipality in Eastern Region on Friday morning embarked on a demonstration for the removal of the Headmistress of the School. The students accused the headmistress Mahela Narh of mismanagement leading to the gradual collapse of the school and poor …

  Assisted Secondary Schools across the country have run out of food owing to failure by the Buffer Stock company to supply them non-perishable foods. The situation has been exacerbated by delays in the release of funds to the schools by government. The heads have been running the schools on …

  It’s not often that a transfer move causes such a transformative effect for a player as when Yaya Toure, who celebrates his 38th birthday on Thursday, swapping Barcelona for Manchester City in 2010. The Ivory Coast midfielder joined the nouveau riche Citizens just as they were aspiring to supplant …

  A GH¢60million investment by the Liquefied Petroleum Gas Marketing Companies (LPGMCs) Association into building about 100 LPG retail outlets before the 2017 Atomic Junction accident in Accra is at risk of going down the drain. Government, after the incident which happened on October 27, placed a ban on new …

  The Ghana COCOBOD has expressed worry that women farmers in the country do not receive equal share of profits from cocoa income, despite their significant contributions towards the growth of the nation’s cocoa sector. Mrs Faustina Elikplim Aberor, the Bono, Bono East and Ahafo Regional Extension Officer, Cocoa Health …

  Traders at the Kejetia Market had to catch a late wind of Eid sales on Wednesday as the New Market Complex was closed till 10 o’clock. This was to make room for investigators to cordon off the area which was gutted by fire the night earlier. For the timely …

  The Ghana Union of Traders Association (GUTA) has described as needless the ministerial delegation directed by President Buhari to be sent to Ghana to resolve the trade impasse between Ghana-Nigeria traders. According to the President of the Association, Dr. Joseph Obeng, Ghana is only enforcing its trade laws and …

The management of Dzata Cement says it yet to announce the price of its products. It comes after widespread social media reports that the cement is selling for GHC30,  a price way below competition. Different brands of cement sell between GHC45 and Ghc50 currently in Ghana. In a statement, the …

 Mfantsipim School Mfantsipim School are the winners of the 2021 Central Regional Championship of the National Science & Maths Quiz. They crushed their archrivals Adisadel College, University Practice and Assin State College to clinch their first ever trophy at the regional level. The Botwe Boys put up a spirited performance …

Over 200 male students of the Sandema Senior High Technical School in the Builsa North Municipality have been displaced by a rainstorm that destroyed two dormitory blocks yesterday. The Tuesday night storm which rocked the area around 10 pm destroyed the roofs of the Rawlings and Azanti low Houses which …

Member of Parliament for Assin Central, Kennedy Agyapong has condemned what he says is the excessive use of soldiers by some bigwigs of the ruling New Patriotic Party(NPP) to appropriate innocent peoples properties. According to him, some party big shots have turned some officers of the revered Ghana Army into …

Inflation returned to single digit as it remarkably fell to 8.5% in April 2021, from the 10.5% recorded in March 2021, figures from the Ghana Statistical Service have revealed. It is the first single digit rate recorded in the year, following the ravaging effects of covid-19 on the economy. This …

• Coalition of Muslim Organisations, Ghana is calling for the reconstitution of the Wesley Girls’ High School board • The advocacy comes after the school prevented a Muslim student from partaking in the Ramadan fast • Authorities of the school say the ‘no fasting’ policy is strictly for health reasons …

  The Ashaiman Main Market Butchers Association has decried the importation of meat products into Ghana, arguing that the situation is crippling their business activities. They fear losing their business for the reason that about 80% of their customers preferred cheap imported meat to fresh ones on the local market. …

  Trade and Industry Minister, Alan Kyerematen, has commended Ibrahim Mahama, Founder of Dzata Cement Limited, for investing heavily in the cement industry. The over US$100 million investment is located on a 10-acre land near the Tema Port. Mr Kyerematen made the commendation when he paid a working visit to the plant …

    The Chamber of Cement Manufacturers Ghana has indicated that the high cost of cement is a result of the high cost of production, unfair trade practices, low utilisation of cement products, and unfair competition. The Chamber believes the pressure caused by the COVID-19 pandemic is also a major factor. Ghana …

Manchester City have won a fifth Premier League title in nine years Manchester City have won a third Premier League title in four years after closest challengers Manchester United were beaten by Leicester City. Pep Guardiola’s side are now 10 points ahead of second-placed United, who have just three games …

  The National Development Bank (NDB) will begin its operations by end of July this year, the Finance Minister, Ken Ofori-Atta has said. The Bank, according to him, would provide long term wholesale financing to the private sector through Commercial banks. The Minister said this at a press briefing on Sunday to …

  Some students of the Takoradi Technical University (TTU) have rejected the Bachelor of Technology in Mechanical Engineering certificates issued to them by the university upon completion of the programme in 2020. They argued that before they enrolled for the course in August 2018, the authorities of TTU told them …

Transportation Company Limited (BOST) has cleared all of its GH¢237 million debt owed to some domestic banks in the country. The money, which was owed GCB Bank, Fidelity Bank, UMB Bank and UBA Bank, was paid through government’s intervention, internally generated funds and the upward adjustment of the BOST margin. …

The International Monetary Fund (IMF) has backed African governments to use tax increments as a means of raising more revenue in order to reduce borrowing as they continue to fight the deadly pandemic. This comes on the back of the Regional Economic Outlook report – April 2021 (published by IMF), …

A teacher at St. Stephens Senior High and Technical School (STEPSS) in Akyem Asiakwa near Kyebi in the Eastern Region has given a male student 25 strokes of cane for assaulting another student. A leaked video captured the teacher identified only as Sir Amable whipping the student who was only …

  Rural and Community Banks (RCBs) were established with untraded shares issued and purchased mostly by the people and businesses in the catchment areas within which they operate. People residing in the communities were encouraged to own shares in these rural banks. The shares issued by these rural banks were …

Early Days For many years, Ghana’s export sector focused on cocoa, gold, timber, bauxite, rubber and oil. However, during the 1980s and 1990s pineapple exports became an important area of activity. This was largely due to the vision of a few people, but it is also a sector that has …

  The Securities and Exchange Commission (SEC) has paid a total of GH¢1.76 billion (GH¢1,762,767,250.32) to investors who applied for both full and partial bailout programmes as of March 31, 2021. A total of 59,180 investors received the amount. It comprises GH¢994.5 million (GH¢994,502,710.52) paid to 52,264 investors under the …

A driver wearing a face mask is reflected in a mirror as he is stuck in a traffic jam near a checkpoint, on the first day of a national travel ban as Indonesia halts sea, land, air, and rail travel for the Eid al-Fitr celebrations in an effort to prevent …