The announcement of Ghana’s return to the International Monetary Fund for a bailout has triggered various forms of reactions with Ghanaians, home and abroad responding to the news in various ways. An interesting angle to the IMF story is the hijack of the social media handles of the Britton Woods institution with …
Read More »We’re ready to help Ghana restore macroeconomic stability – IMF
The International Monetary Fund (IMF) has said it is ready to help Ghana fix its broken economy. Following the announcement by the government of Ghana on Friday, 1 July 2022 that it had started talks with the Fund for economic support, the Resident Representative of the Bretton Wood institution, Dr …
Read More »Gabby defends Ofori-Atta, says Mahama also refused to sack Terpker in 2015
Gabby Asare Otchere-Darko has rejected calls for the sacking of Finance Minister Ken Ofori-Atta as advocated by former President John Dramani Mahama. According to him, the Ofori-Atta had shown creativity in his management of the economy and instead of harsh critique, what he required was the support of all Ghanaians. …
Read More »Canada Day Celebrants Donate To Klick Africa Foundation
GhanaFest Toronto, with the motto; Strength In Unity recently celebrated Canada Day, that is Canada In Accra, donating some items to Klicks Africa Foundation. The foundation visions to anticipate young adults with Autism and other intellectual abilities strive to reach their full potentials. The event took place at Mövenpick Ambassador …
Read More »Government sells 60% shares of Golden Tulip to Lebanese company – Report
The Government of Ghana has sold 60 percent of shares in Golden Tulip Hotels to a Lebanese firm, a Joy Business report has said. According to the portal, both the Accra and Kumasi sections of the hotel will now be known as Lancaster Accra City Hotel and Lancaster Kumasi City …
Read More »Free SHS graduate given scholarship by Akufo-Addo excels in first year at UK varsity
A brilliant but needy Free Senior High School, SHS, graduate who was given a scholarship by President Nana Addo Dankwa Akufo-Addo, has continued his streak of academic excellence in uni. Thomas Amoani scored 8As in his West African Senior High School Certificate Examination, WASSCE, a record at his alma mater, …
Read More »Osafo-Maafo breaks silence on leaked ethnocentric Ashanti-Akyem tape
Yaw Osafo-Maafo, the Senior Advisor to President Nana Addo Dankwa Akufo-Addo has admitted guilt for the content of a leaked audio that captured him making comments deemed to be tribalistic. Yaw Osafo-Maafo is quoted by ClassFM to have issued a statement in which he concedes to making the ethnocentric comments and apologizing for …
Read More »IMF Bailout: Free SHS, NABCO, National Cathedral & other policies to be cancelled
Key projects and policies could be affected by the government of Ghana’s eventual decision to go to the International Monetary Fund (IMF) for a bailout. Based on the terms and conditions that usually come with an IMF bailout where the government is told to cut down on expenditure and focus …
Read More »Two drown in River Birim
Two young men, Larbi Grant and Bless Damptey, have drowned at the tributary of the Nsuapemso River in the Fanteakwa South District of the Eastern Region. The 2, aged between 21 and 23 drowned at the portion that joins the Birim River at Nsuapemso. The 2, are alleged to have …
Read More »Half acre state land leased for GH¢500 per year in Ho
A piece of land belonging to the state has been allegedly leased to a private entity for GH¢41 per month in the Ho Municipality in the Volta Region. A lands commission letter in a Joynews report showed that, the said land is located in an area allocated to the Ghana …
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