Governor of the Bank of Ghana, Dr. Ernest Addison, has calmed nerves over the current rapid depreciation of the cedi, saying, the bank is implementing interventions that will stabilise the local currency against its major trading currencies in the shortest possible time. His comments come on the back of concerns over the …

Like other professions, Economists use many abbreviations. One of the most common is GDP, which represents Gross Domestic Product. According to the International Monetary Fund, the term has become widely used as a reference point for the health of national and global economies. The Gross Domestic Product (GDP) comprehensively measures …

The Vice President, Dr. Mahamudu Bawumia, will speak on the Ghanaian economy in April, his spokesperson, Dr. Gideon Boako has said. Following worsening effects on the Ghanaian economy, including price hikes on fuel and basic commodities and depreciation of the Cedi, there have been calls on the Vice President to …

The National Identification Authority (NIA) has explained the circumstances that led to the stampede at its head office during the registration for the GhanaCard on Tuesday March 22. Corporate Affairs officer at NIA, Henry Aboagye told TV3 that “I went there, the gate was opened around 7:30AM. There was a …

Madam Naa Adorkor Yawson, the General Manager of Zipline, says her outfit will soon begin home deliveries in the country. She said the delivery would form part of efforts to promote healthcare supplies by taking advantage of the country’s digitisation drive to grow a viable healthcare system that enhances access …

The Ghana Education Service (GES) has reminded heads of public basic institutions of the scheduled calendar for the 2022 academic year. According to the GES, heads of basic schools are to take note of the calendar and “implement accordingly.” In a statement issued by its Deputy Director-General, Mr Kwabena Bempah-Tandoh …

Ghana’s all-time top scorer, Asamoah Gyan, has apologised for the use of ‘nonsense’ while expressing his disappointment over Majeed Ashimeeru’s omission from the Black Stars squad to face Nigeria. Gyan, in spite of the apology, stood by his earlier words that the Anderlecht midfielder should have been included in the team to face …

Eleven pupils of the Paga E/A primary school in the Kassena-Nankana West District in the Upper East region, have been hospitalised after the walls of two classrooms collapsed on them, GhanawEb’s Upper East Correspondent Senyalah Castro reports. A Monday (March 21) afternoon rainstorm, which swept through the town, ripped off …

The Sovereign credit rating downgrades of Ghana by Fitch and Moody’s led to “widened yield spreads on both cedi-denominated government of Ghana bonds and the country’s Eurobonds”, the Bank of Ghana has said. “These downgrades reflect market and investor concerns about fiscal and debt sustainability”, Governor Ernest Addison told journalists …

President Nana Addo Dankwa Akufo-Addo over the weekend held a crunch meeting with key members of his government to decide on the way forward in mitigating the current economic downturn. Even before the government announces the outcome, Information Minister Kojo Oppong-Nkrumah is reported by news portal citinewsroom.com as saying that all flagship programs by …

The President of Breast Care International (BCI) Dr Mrs. Beatrice Wiafe Addai has allayed the fears among women that contracting breast cancer does not amount to death. She said the disease is curable when it is detected at the early stage and therefore advised women to go for regular checkups …

The Sekondi-Takoradi branch of the Ghana Online Drivers Association (GODA) has urged service providers to reduce their commission charges per trip on online drivers. According to them if the service providers reduce their percentage on charges, it would not affect both the providers and driver, “You won’t make losses if …

Economist Yaw Modey has called on President Nana Addo Dankwa Akufo-Addo to sack Finance Minister Ken Ofori-Atta for recording the lowest Gross Domestic Product (GDP) in the past 35 years in the history of the country’s economic management. According to the economist, Mr Ofori-Atta has mismanaged the economy so much that he does …

Some future leaders of the country in a farming community of Nsesereso near Dormaa Ahenkro through no fault of theirs cannot study under a convenient and congenial environment. These leaders of tomorrow, some of who could be Presidents, Ministers, Members of Parliament, Medical Doctors, Teachers, Chiefs, Businessmen and women and …

The Monetary Policy Committee (MPC) of the Bank of Ghana (BoG) has increased the policy rate by 250 basis points from 14.5% to 17%. This comes after the Committee of the Bank of Ghana, held its 105th meeting from Wednesday, March 16, to Friday, March 18, 2022, to review economic developments of the …

A heavy downpour has ripped off the roofs of parts of the Kalba clinic in the Sawla-Tuna-Kalba District of the Savannah Region. The incident occurred on Saturday, March 19, 2022. The impact of the rain which battered the community, also rendered several residents homeless and injured three children in the …

The Volta Regional Police Command have arrested some twelve female commercial sex workers in the regional capital Ho. The ladies, 20 to 35 of age, were arrested on Saturday, 19 March, 2022 at a popular drinking spot near the Ho Technical University (HTU). Ho in recent times is flagged with …

The International Monetary Fund (IMF) has noted that global food prices were at record highs before the war in Ukraine. The IMF said the Russia-Ukraine conflict will further increase costs and inflation more broadly. Since the outbreak of the warfare between Russia and Ukraine, prices of commodities especially, crude oil …

Authorities of the St. Joseph Health Centre in Kalba, in the Savannah Region, are appealing for support to reopen the facility after it was closed down following a rainstorm that hit the community on Saturday, March 19. The health centre in Kalba in the Sawla-Tuna-Kalba District was closed down after …

  Table of Contents How people are financing themselves in this era of COVID-19 What are some solutions many people have relied on for cash? Bonus How people are financing themselves in this era of COVID-19 Cash is essential in our daily lives. We live in a world where money …

Vice President Dr Mahamudu Bawumia on Saturday, 19 March 2022 joined leadership of the Ahlus Sunnah wal Jamaa, from Ghana and Nigeria, at Aplaku, Accra, to open Ghana’s first Islamic Nursing Training College. Speaking at the ceremony, Dr Bawumia said despite the existence of over 90 public nursing training colleges …

Professor Kwame Badu Antwi-Boasiako an educationist says the Nana Akufo-Addo led government did not think deeply before introducing the Free Senior High School policy. Speaking at the 63rd Anniversary, Speech and Prize Giving Day Celebration at the Agona Swedru Secondary School he said, the Free Senior High School policy should …

The Municipal Director for Asokore-Mampong Education Directorate in the Ashanti Region, Dr. William Kwame Amankra Appiah has called on teachers across the nation to avoid corporal punishment, because it does not help in our current system of education. The new Director who replaced Hajia Katumi Natogmah Attah made this comment …

An economist has called on Ghanaians to vehemently reject any attempt by the government to seek the assistance of the International Monetary Fund (IMF) in the wake of Ghana’s collapsing economy. According to Mr Yaw Modey, another IMF policy will not serve the interest of the ordinary Ghanaian. He argued …

Businessman and politician, Dr Papa Kwesi Nduom has said that his bank, GN Bank, that was collapsed during the banking sector cleanup exercise in 2019, should be brought back. In a Facebook post on Saturday March 19, he said “Indigenous, Home Grown Product.#Bring Back GN Bank…The People’s Bank!.” During the …

The National President of the Ghana Registered Nurses and Midwives Association (GRNMA), Perpetual Ofori Ampofo, says the government should not heed to any calls demanding the cancellation of nurse trainee allowances. “I will not subscribe to any government abolishing the trainee allowance,” she insisted in an interview with TV3‘s Daniel …

Committee members and residents of Edwinase in the Ejisu Municipality have called for the renovation of their eighty-year-old Basic School which has now become a death trap. According to the residents in the Ashanti region, school pupils are compelled to run home to save their lives whenever it is about …

Assin Central Member of Parliament, Kennedy Agyapong, has paid an amount of US$145,000 for the importation of parts of a crucial cancer treatment machine at the Komfo Anokye Teaching Hospital, KATH. He issued the checque during the week on Net 2 TV when some of the medics who work at …

Kenya said Thursday it was investigating allegations that thousands of donated condoms, mosquito nets and life-saving medicines were stolen from a government-run warehouse and then sold on the black market. The items were donated by the Geneva-based aid body Global Fund which has disbursed over $1.4 billion to Kenya since …

Three classrooms of Anglican Senior High Technical School in Akyem Kwabeng in the Atiwa West District of the  Eastern region have been ripped off by a violent rainstorm recorded in the community Friday March 18,2022. The incident occurred at about 6:10pm. According to Agnes Minta, the Assistant Headmaster in Charge …