The Dambai market in the Krachi East Municipality and Grubi, Chinderi and Borae markets in the Krachi Nchumuru District of the Oti Region have been closed down to avoid the spread of the novel coronavirus. The closure of the markets was announced by Dasebre Atamafowiese Kwame II, Omanhene of Chonke …
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BoG gives GHC10m to COVID-19 Trust Fund
After President Nana Addo Dankwa Akufo-Addo, his vice and appointees donated their 3-month salary to the COVID-19 Trust Fund, many people including some members of the opposition political parties have made donations. Faith-based organisations and business moguls have also contributed their quota towards the growth of the national trust. The latest to make …
Read More »New global financial system must be designed after coronavirus pandemic – Ofori-Atta
Finance Minister, Ken Ofori-Atta, has called for the formulation of a new financial system that will rebuild global growth and institute a new global public good after the coronavirus pandemic. The Minister made the remark in his introductory speech when he chaired the Development Committee meeting of the Spring Meetings …
Read More »Government to use IMF loan to pay for Covid-19 electricity subsidy
Chairman of Parliament’s Finance Committee Dr Mark Assibey Yeboah has disclosed part of a US$ 1 billion loan government has secured from the IMF will be used to pay for the Covid-19 electricity subsidy for Ghanaians announced by President Akufo-Addo. Parliament on Friday night approved the US$1 billion (5.5 billion …
Read More »Ghana’s fiscal deficit to hit 9.5% of GDP, revenue to fall 2.2% of GDP – IMF
The government of Ghana’s fiscal deficit is projected to reach 9.5% of GDP by the end of this year. That is according to a revised forecast by the International Monetary Fund. Excluding energy and financial costs, the budget deficit of GDP will, however, be 6.4% of GDP. This is higher …
Read More »Dr. Okoe-Boye approved as Deputy Health Minister
Parliament has approved the nomination of Dr. Bernard Okoe-Boye for the position of a Deputy Minister of Health. The approval comes follows recommendations by Parliament’s Appointments Committee by consensus after he appeared before it on Wednesday, 15th April 2020. Chairman of the Appointments Committee, Joe Osei Owusu, read the committee’s …
Read More »We will investigate attacks on Africans – Chinese Ambassador
Chinese Ambassador to Ghana, Shi Ting Wang has said that the government of China will intiate investigations into the alleged attacks on Africans in China. Many videos flooded social media to confirm the reports. Ghana’s Ministry of Foreign Affairs summoned the Chinese Ambassador on the situation and the Chinese ambassador …
Read More »Listen to Mahama; reduce data charges now – Students to gov’t, telcos
The Coalition of University Students has called on the government to heed calls by the flag bearer of the main opposition National Democratic Congress (NDC), John Dramani Mahama, to negotiate with the telcos to reduce the cost of internet data and airtime for students and customers in general in the outbreak …
Read More »Cristiano Ronaldo earns almost $1million for every Instagram post to top sports rich list
Imagine making just under $1,00,000 every time you post on Instagram. Portuguese superstar Cristiano Ronaldo is in a world on his own when it comes to Instagram stars making the big bucks. Ronaldo pockets an amount of $975,000 anytime he makes a post on the social media site. The player has made 2,789 posts …
Read More »G20 suspends debt repayment for 40 African nations
The G20 countries have suspended debt payment for the world’s poorest countries, most of which are in sub-Saharan Africa, to help them get through the economic impact of the coronavirus pandemic. Finance ministers and central bank governors of the world’s largest economies agreed to freeze loan repayments until the end …
Read More »IMF gets $11.7 billion in pledges to aid poor countries, will review resources
The International Monetary Fund said on Thursday that five wealthy countries pledged to provide $11.7 billion to an IMF loan and grant facility for poor countries, as the Fund’s steering committee vowed to review the adequacy of resources needed to fight the coronavirus pandemic. IMF Managing Director Kristalina Georgieva said …
Read More »‘Stop misbehaving’ – Adom-Otchere tells Zanetor
Television broadcaster Paul Adom-Otchere says Dr Zanetor Agyeman-Rawlings, the Klottey-Korley legislator, should “stop misbehaving”. According to him, Dr Zanetor Agyeman-Rawlings, should have called the minister in charge of Gender and Social Protection, Cynthia Mamle Morrison, before waging into unsubstantiated allegations over the distribution of food to Kayayei within her constituency. “Let it …
Read More »Coronavirus: Ghana will not go into economic recession – IMF
The International Monetary Fund, IMF has projected that Ghana will not go into an economic recession later this year due to Covid-19 pandemic. Some developmental partners of Ghana including the World Bank have warned that the country could go into an economic recession due to the Covid-19 outbreak. IMF Country …
Read More »Fuel prices to drop marginally – IES
The Institute of Energy Securities (IES) is forecasting prices of fuel on the local market remaining largely stable. However, it anticipates that competition between Oil Marketing Companies (OMCs) to control and gain more market shares may culminate in fuel falling marginally within the second Pricing window of April 2020 This …
Read More »Six coronavirus bodies left in morgues over lack of PPEs
Environment Health Officials at the Accra Metropolitan Assembly have raised concerns over six Covid-19 bodies that have been left unattended to at various morgue dues to the lack of training and PPEs to handle the bodies. According to them, bodies of infectious diseases are meant to be buried within 72-hours …
Read More »Falsified Chloroquine products circulating in Africa – FDA
The Food and Drugs Authority (FDA) has received a notification through the World Health Organisation (WHO) Global Surveillance and Monitoring System for substandard and falsified chloroquine in the WHO region of Africa. These chloroquine products with different presentations are confirmed as falsified on the basis that they deliberately or fraudulently …
Read More »COVID-19: Angry GIJ students kick against Online exams
Irate students of the Ghana Institute of Journalism (GIJ) have kicked against online examination being introduced by the management of the institute. Authorities at GIJ on Wednesday, April 15, issued guidelines informing students of the online examinations scheduled for May 25. Similar directives were also issued by the University of …
Read More »Ghana’s Inflation Rate For March Closes Flat At 7.8 Percent
The year-on year inflation was unchanged at 7.8 percent in March, the Ghana Statistical Service said on Wednesday. Announcing the rate via facebook, Government Statistician, Professor Samuel Kobina Annim said March’s rate continued the trend of stable inflation of about 8 percent recorded over the past seven months. Food and …
Read More »Proposed Pre-Tertiary Bill likely to breed chaos, discrimination in Ghana’s education sector – CSS
The Centre for Socioeconomic Studies has noted that government’s proposed Pre-Tertiary Bill, should it be passed into a law, will give grounds for chaos and discrimination to grow in the country’s pre-tertiary education sector. The CSS in a press release copied to Ghanaweb.com says the bill which in its essence …
Read More »Drogba donates hospital as treatment centre amid coronavirus pandemic
Didier Drogba has allowed his hospital in Ivory Coast to be used as a coronavirus treatment centre. The generous offer from the Chelsea legend comes amid fears the pandemic could have devastating effects on Africa. In the Ivory Coast there have been 574 people who have tested positive for the virus, with …
Read More »Coronavirus: Govt will access IMF’s $1bn from April 18 – Ken Ofori-Atta
Minister for Finance Ken Ofori-Atta says the IMF’s disbursement of $1 billion which is to be drawn under the Rapid Credit Facility (RCF) will be accessed from April 18, 2020. According to Ken Ofori-Atta, all paper works will be concluded this week and hopefully by the weekend government will begin …
Read More »Coronavirus has not affected cargo vessel traffic into Ghana – Maritime Authority
As fears of a global recession and shortage of food and other essential goods grow, the Ghana Maritime Authority says there is no noticeable reduction in cargo vessel traffic to the country yet. The Deputy Director, Ship Inspections & Marine Security at GMA, Captain Emmanuel Ankamah, said this when the …
Read More »GES Begins Disinfection Exercise In All SHS
The Ghana Education Service in partnership with Waste management expert, Zoomlion Ghana Limited, will begin a nationwide fumigation and disinfection exercise of all Senior High Schools as the government of Ghana intensifies efforts to curtail the spread of coronavirus in the country. Speaking at the launch of the event last …
Read More »Covid-19: Ashanti Region Cases Hit 53
Four more persons have tested positive for COVID-19 in the Ashanti region bringing the region’s total number to 53. The Ashanti Region Health Directorate has indicated it is yet to add the four new cases to the five hundred and sixty-six which is registered on government’s official portals. Disclosing the …
Read More »Coronavirus: Give us permanent jobs else we’ll withdraw our services – NABCO nurses
Professional nurses under the Heal Ghana Module of Nation Builders Corps (NABCO) have petitioned the government and Ghana Health Service to enrol them as full-time staff. According to them, the exposure as health workers during this Coronavirus pandemic exposes them to the potential risk of contracting the virus. They, therefore, urged the …
Read More »Impact Of COVID-19 On The Economy Of Ghana
Lost of oil revenue as the global crude oil prices continue to tumble. As a net importer of basic food and services from China, shortages are likely to hit the country harder, ie. Food availability and food security. Sharp decline in remittances as countries especially the US …
Read More »Meningitis is also killing dozens in Upper West – Mahama reminds gov’t
‘As we mourn the dead from COVID-19, meningitis is reported to have killed 37 people in the Upper West Region, out of hundreds who have contracted the illness’ these were the words of former President, John Dramni Mahama as a reminder to government on the urgent need for action. According …
Read More »IMF approves US$1 billion loan to Ghana for COVID-19 fight
The International Monetary Fund (IMF) has approved the disbursement of US$1 billion to Ghana to be drawn under the Rapid Credit Facility (RCF). The money is to help Ghana address the “fiscal and balance of payments needs” and also help the country to improve confidence in its economy especially in …
Read More »Italy To Test Cristiano Ronaldo, Others For Covid-19
Italy is making plans to conduct coronavirus tests on footballers. The tests which may include Juventus talisman, Cristiano Ronaldo, are likely to be conducted in May 2020 before the restart of football activities. The Italian Football Federation made this known. President of the Italian Football Federation, Gabriele Gravina, in an interview …
Read More »Economic Impact Of Covid-19 And The Survival Strategy Of Local Businesses In Ghana
Whiles we focus almost all our attention on the provision of PPEs which at the moment are the very important commodity needed for the fight against Covid-19 in Ghana. It has become imperative for us not to lose sight on the impending economic implications arising from the pandemic especially on …
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