Majority of the basic schools in the Yilo Krobo Municipality in the Eastern Region are contending with an acute shortage of furniture in their respective institutions, the Municipal Public Relations Officer of the Ghana Education Service (GES) has said. Mr. Solomon Sakitey in an interview said the situation continues to …

The price of fuel (diesel and petrol) has risen again at least for one of the major Oil Marketing Companies (OMCs) in Ghana, from GH¢8.29 to GH¢8.49 per litre. This would be the fourth time in less than three months that the prices of diesel and petrol have increased. In …

The Ghana Cocoa Board (COCOBOD) has denied claims that it is unable to account for the $1.3 billion cocoa syndicated loan for the 2020/2021 crop season. The Member of Parliament for Juaboso, Kwabena Mintah Akandoh, on Thursday asserted that COCOBOD has failed to give a tangible explanation about the whereabouts …

The Microfinance and Small Loans Centre (MASLOC) has recovered only GH₵90 million of the GH₵204 million disbursed over the last five years, representing 45 per cent payment. Hajia Abibata Shanni Mahama Zakariah, the Chief Executive Officer of the Centre speaking to the Ghana News Agency in Bolgatanga on the sidelines …

Ghana Investment Promotion Centre (GIPC) has denied paying for the lighting of Ghana flag on the Burj Khalifa on March 8, 2022. This is in reaction to reports on social media platforms that the centre paid for the lighting of the Ghana flag on the tallest building in the world …

The Electricity Company of Ghana wants to increase tariffs and has, accordingly, tabled a proposal before the Public Utilities and Regulatory Commission (PUC), the Director at the office of the Managing Director of ECG, Mr Noble Dorwume, has said. He announced the intention in Tamale, the capital of the Northern …

A deputy Ranking Member of Parliament‘s Finance Committee, Isaac Adongo has questioned the motive behind government’s decision to spend GH¢22 billion on the banking sector cleanup. His comments come following a downgrade of two of Ghana’s biggest banks; GCB Plc and Ecobank Ghana Limited by rating agencies Moody’s and Fitch. Fitch Ratings assigned …

The impact of COVID-19 on Ghana’s economy cannot be discounted especially because even the global economy was so impacted that multilateral lenders like the World Bank and International Monetary Fund, IMF, were also broke at a point. This is the view advanced by Thomas Kusi-Boafo, the Chief Executive Officer (CEO) …

Ghana’s Kotoka International Airport (KIA) has been adjudged the Best Airport by Size and Region in Africa by the Airports Council International’s (ACI) at the Airport Service Quality (ASQ) Award 2021. This would be the third consecutive time the KIA is receiving the award recognition. A statement issued by the …

The Ministry of Health(MoH) has announced that it will commence the recruitment of medical doctors and dentists on Monday, 14 March 2022. The recruitment exercise is for medical doctors and dentists who have completed their House Job and have been verified by the Medical and Dental Council. “Qualified applicants are …

Online drivers in Kumasi, the Ashanti regional capital, have declared a sit-down strike to protest against the ride-hailing apps’ stagnant fares despite the persistent rise in fuel prices. The drivers of Uber, Bolt and other ride-hailing apps, said although the fares have not been increased, the Apps have increased the …

Following some publicity promotions made ahead of a yet-to-be-launched cryptocurrency named “Freedom Coin,” the Bank of Ghana in a release, cautioned the public against trading in the new cryptocurrency. According to the BoG, persons hoping to trade in Freedom Coin will be doing so at their own risk as the …

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has sarcastically made a case for a solution to Ghana’s economic woes. According to him, Finance Minister Ken Ofori-Atta must be encouraged to seek financial bailout from the Ashanti Regional Chairman of the New Patriotic Party, Bernard Antwi Boasiako, also known as Chairman Wontumi. The …

The Member of Parliament for Juaboso, Kwabena Mintah Akandoh has accused the government and the Ghana Cocoa Board (COCOBOD) of not being able to account for the $1.3billion cocoa syndicated loan. He said no tangible explanation has been given when asked about the whereabouts of the funds. In 2019, a consortium of …

The Minority in Parliament is demanding the immediate removal of three taxes on petroleum products to mitigate the impact of rising prices of crude oil on the international market. The demand by the minority comes as consumers are currently buying Petrol and Diesel above 8 cedis from the pumps. The …

The Bank of Ghana (BoG) has warned Ghanaians against trading in the yet to be launched   cryptocurrency named “Freedom Coin”. “The public is hereby cautioned that neither this cryptocurrency nor the promoting company has approval from Bank of Ghana to operate in the banking and payment sector. “In line with …

Subsidy on inputs under government’s flagship ‘Planting for Food and Jobs’ (PFJ) programme has been cut further for the upcoming 2022 crop season, a document available to the B&FT from the Agriculture Ministry has indicated. The decline in subsidies by government will expectedly impose an extra financial burden on smallholder …

The West African Examination Council (WAEC) has released provisional results of 52,974 candidates who sat for the 2021 West African Senior School Certificate Examination(WASSCE) for private candidates. The results of 696 candidates alleged to be involved in various examination malpractice have been withheld pending the conclusion of investigations. “These malpractices …

The Municipal Director of GES in Bawku, Azeriya Ayeriga, has indicated that his office has granted releases to over 100 basic school teachers. According to Ayeriga, the teachers sort to leave Bawku because of the current insecurity caused by the constant fight between factions in the municipality, graphic online.com reports. …

Since his performance for Accra Hearts of Oak in the goalless game between Kumasi Asante Kotoko and Hearts of Oak on February 20, 2022, calls have heightened for the recall of legendary midfielder Sulley Muntari into the Black Stars. What started off as mere calls by over-excited fans of Hearts of Oak has developed some …

The Bank of Ghana (BoG) is warning the public against a fraudulent money doubling scheme which operates under the name “BitCash Currency Exchange”. BoG said the company which claims to have approval from the central bank is false. According to central bank, the company has not been licensed as an …

The Ghana Union of Traders’ Associations (GUTA), has bemoaned the depreciation of Ghana Cedi against the US Dollar. A statement signed by the President for GUTA, Dr. Joseph Obeng stated that the rapid depreciation of the local currency, the cedi against the major trading currencies, especially, the United States Dollar …

Some residents of the Commonwealth Hall at the University of Ghana, on Tuesday, March 8, 2022, amassed in front of the Legon Police Station after the authorities arrested a member from the hall for his involvement in the clash between residents Mensah Sarbah Hall Commonwealth Hall on Saturday, March 5, …

Deputy Finance Minister, John Kumah, has affirmed Prof Kwesi Botchwey’s assessment that Ghana is in an economic crisis. In an interview on Neat FM, monitored by GhanaWeb, John Kumah said that the government acknowledges there are difficulties, but these difficulties are not beyond the strength of the country. The deputy minister …

Africa’s richest man, Aliko Dangote’s great grandfather, Alhassan Dantata, was a trader from Northern Nigeria who traded mainly in kola nuts and groundnuts. His distribution pool extended far into Europe and at the time of his death, he was the richest man in West Africa. But what exactly was the …

The World Bank has admonished the Government of Ghana to remain transparent with citizens on the country’s current economic situation. According to Country Director of the World Bank for Ghana, Pierre Laporte predicts Ghana will face a tough time in its bid towards restoring macro-economic sustainability. Speaking at a public …

Yields on Ghana’s Eurobonds have risen to their highest level in 10 years, as international investors continue to dump the country’s bonds amid fiscal and debt challenges – and now the Russian-Ukrainian war. Data from the CBonds indicate that the country’s sovereign US$ yield to maturity (YTM) index had risen …

Dozens of students at Bonkrom D/A Junior High School in Kwahu Afram Plains South District in the Eastern Region have been displaced after the collapse of a shed used as a classroom. The pavilion classroom was hit by a violent rainstorm on March 1, 2022, after school period leading to …

On the Interbank forex rates from the Bank of Ghana today, March 8, 2022, the Ghana Cedi is trading against the dollar at a buying price of 6.9984 and a selling price of 7.0054. As compared to Friday’s trading of a buying price of 6.9974 and a selling price of 7.0044. At …

It does appear that government’s Electronic Transaction Levy message may gradually be getting to some sections of the public including some students who seem to be buying into it. From persistent media engagements to townhall meetings, the government has deployed all forms of communication tactics to have Ghanaians embrace what …