Rare footage of Ghana adopting its first cedi and pesewa coins in 1965 has surfaced on the internet. The video, monitored by GhanaWeb saw a queue of Ghanaians lined up at the Ghana Commercial Bank to exchange the then “Ghana Pound’s” which were; Shillings and Pence and was introduced by …

The Ministry of Finance has created an investment mechanism to help drive investment into the country from the Diaspora. Known as the ‘Africa Sankofa Account or the ‘Diaspora Savings and Investment Account,’ the interest accruing banking product is targeted at Africans living abroad, who desire to invest in the Ghanaian …

A new IMF staff report has said Ghana is closer to being classified as a high debt distressed country, theghanareport.com has learned. The possible classification means the IMF is concerned about the country’s ability to honour its international obligations. The public debt stock as at September 2019 was pegged at …

The Central Bank has reacted to claims by former President John Mahama that it did not follow proper procedure in introducing new notes to the country’s currency mix. “The public was ambushed. One day we just got up and they said they are introducing new notes. No public sensitisation, the …

Deputy Defense Minister and Member of Parliament for the Nkoranza North constituency, Major Derrick Oduro, has asserted that the government of the New Patriotic Party (NPP) would construct a 600 bed residential facility for head Porters (popularly called Kayayos) in 2020. He indicated that plans are far advanced for the …

The Ghana Education Service (GES) has dismissed reports that it has contracted a foreign firm to design the new school uniforms to be used in junior high schools from the 2019/2020 academic year. It said, “it has not imported, neither, has it contracted any individual, locally or internationally to bring …

Ghana is to establish a Diasporan Savings and Investment Account to attract people of African American descent to invest in the various sectors of the country. The plan, which is at its infant stage, will explore how to target retail other than institutional investors. According to the Minister for Finance, …

The Ghana Education Service (GES) has dismissed reports that it has contracted a foreign firm to design the new school uniforms to be used in junior high schools from the 2019/2020 academic year. It said, “it has not imported, neither, has it contracted any individual, locally or internationally to bring …

Teachers and students of Senior High Schools running the single-track system are demanding an explanation from the Ghana Education Service over the new time table for 2019/2020 academic year describing it as unfair. Teachers and Students of the single track SHSs have been in school since September 15, 2019, and …

MTN Group has agreed to sell its towers businesses in Ghana and Uganda as Africa’s biggest mobile phone operator refocuses on high-growth markets on the continent and in the Middle East. Clashes with regulators in Nigeria, Uganda and elsewhere have crimped growth, prompting the company to announce a $1 billion …

If you are asthmatic, here are some tips to deal with the Harmattan. 1. Carry your inhalers everywhere you go. Having an inhaler doesn’t make you weak or show you’re going to die. 2. Know your triggers. Stay away from them. 3. Carry a sweater, pullover, coat with you, where …

The Management of the Ghana Education Service (GES) has announced that Senior High School (SHS) Form Three students would re-open on Sunday, January 5, to continue academic work for the 2019/2020 academic year. This is to enable the final year students prepare adequately towards the 2020 West African Senior School …

The Ghana Education Service (GES) has announced that Free Senior High School (SHS) students will re-open on Sunday, January 5, 2020. A statement issued by the GES and signed by its Head of Public Relations Unit Ms Cassandra Twum Ampofo explained that the move will enable the final year students …

Individuals and businesses seeking credit from commercial banks this year should be offered some respite as the Economist Intelligence Unit is predicting that the Bank of Ghana will lower its lending rate. The business intelligence advisory firm in its latest country report stated that the Bank of Ghana’s policy rate …

The management of the Consolidated Bank Ghana (CBG) has said the bank will resume full operations on Thursday January 2. On Tuesday December 31, all CBG branches closed to the public at 2PM. A message to all customers from the management on Monday December 30 said : “Dear Valued Customer, …

“No two ways that Doggy style is the most practiced sexual position during intercourse, the act is dangerous and can send one to his grave than you could ever imagine”, South Africa’s Minister of Health, Aaron Motsoaledi told The Insider. According to the minister in the interview sighted on The …

The former Chief Executive Officer of the Tamale Teaching Hospital, Dr. Daniel Tapang in 2006 questioned the campaign strategy of HIV/AIDS educators who were advising the youth to stay away from sex. Dr. Daniel Tapang argued that “sex is biologically driven” and, therefore, it was impossible to ask the youth …

The Ghana Grid Company Limited (GRIDCo) says it has disconnected power supply to the Volta Aluminum Company Limited (VALCO), following the failure of the company to settle over US$30million outstanding debt to it. GRIDco says the decision was made by management after several attempts to get VALCO to honour its …

Chief Executive Officer (CEO) of Kantanka Automobile Company, Kwadwo Safo Jnr, has explained why his father, Apostle Dr Ing. Kwadwo Safo, built the aeroplane-like vehicle. According to him, his father had always been the type that would always want to be the first to invent something unique into the world. …

The Bank of Ghana will auction US$715 million in Forward Foreign Exchange Auctions in the whole of 2020. The months with the expected highest auctions of US$80 million each are January, February and March 2020. In accordance with the Foreign Exchange Forward Auction guidelines issued on the 23 September 2019, …

Despite new claims of a significant reduction in national Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome prevalence rate in Nigeria, it is quite mortifying that the country still tops the mother-to-child transmission rate in the world. This is evidence that a lot needs to be done before the epidemic can be …

One could be misled by the nose and miss out on a delicious culinary journey in a Ghanaian environment because of the smell of a verritable food ingredient called momoni. The mighty momoni is Ghana’s answer to Swedish surstromming, Korean hongeohoe or and the Japanese Kusaya, although not as putrid …

Ghana’s largest telecommunications network MTN Ghana has donated Christmas Humpers for Babies born on Xmas day at the upper west regional hospital. The breif ceremony, led by Seth Owusu Nyamekye on behalf of the CEO and MTNers, saw lucky children and their mother’s receiving sizeable packages from the country’s largest …

The Free Senior High School Policy has increased enrolment in secondary schools by 69 percent within the last three years, Vice President Alhaji Dr Mahamudu Bawumia said. “There was a lot of skepticism about whether we could actually implement the free senior high school education, but with conviction and determination …

The Ghana Education Service (GES) has released the new academic calendar of 2019/2020 for double-track and single track Second Cycle (Senior High School) Institutions. Academic calendar attached Source: Peacefmonline.com

Ghana will soon swap the cedi for the new single ECOWAS common currency, the eco when trading within the ECOWAS region. “We, in Ghana, are determined to do whatever we can to enable us join the Member States of UEMOA, soon, in the use of the ECO, a statement from …

Latest statistics from the World Health Organisation shows that Ghana’s capital, Accra, is less congenial for human habitation due to unacceptable levels of contaminants in the air. The data, which is based on perceptions of persons surveyed over a period of three years, is presented below.  It indicates a very low perception if the value is …

Ghana has backed eight African states on the decision to abandon the CFA Franc, in favour of the proposed, new common currency of ECOWAS, the ECO, beginning in 2020. A statement by the government of Ghana stated that “We, in Ghana, are determined to do whatever we can to enable …

The Technical University Teachers’ Association of Ghana (TUTAG) has declared an indefinite strike again over the non-payment of their December allowance after they called off a similar strike in October. In a letter notifying the authorities of their strike, TUTAG accused the government of reneging on the agreement they had …

Normally in the festive season in Ghana, what you see most teenagers do is work on their own toy guns but this is not the case for 14-year-old Kelvin Amaniampong. While other teens are craving to make their holidays more fun, Kelvin is busily fixing problems with the Free Education …