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The Bank of Ghana has said the introduction of the new higher denomination banknotes it issued recently was the result of a well-thought-out currency reform programme. The central bank is reacting to a comment by former President John Mahama that the introduction of the new notes was done on the …

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 …

Kumasi Asante Kotoko humbled the neutrals favourite, Legon Cities Football Club at their own backyard at the Accra Sports Stadium. In the first Friday fixture played in the 2019/2020 Ghana Premier League season, the porcupine warriors won by 3-1 after the ‘Legonites’ opened the scores very early in the game. …

Dancehall artiste Shatta Wale thrilled fans at the Accra Sports Stadium who turned up for the Ghana Premier League week 2 clash between Asante Kotoko and Legon Cities FC. Wale, who has declared his love for Legon Cities FC, was making his first appearance at a league match. He delivered …

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 …

Ex-Ghana captain CK Akonnor will take temporary charge of the Black Stars until a substantive coach is appointed, GHANASoccerent.com understands. The former Asante Kotoko steps in after the Ghana Football Association dissolved the technical team of all national teams including the senior national team. Akonnor will start the process of …

The stage at this year’s Kente Party of TINA (This Is New Africa) Festival collapsed whilst the event was on-going, leaving a fan in a very critical condition whilst others sustained minor injuries. In a video captured by GhanaWeb, a fan was seen trapped and lying motionless right under 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 …

Member of the opposition National Democratic Congress (NDC) Belinda Nana Ekua Amoah otherwise known as Mzbel has exposed Leader of the True Word Prophetic Fire Ministries, Prophet Nigel Gaisie about his 31st December watch night prophecies. The songstress in a post sighted by MyNewsGh.com revealed that about 70% of the …

The Ghana Football Association (GFA) has stated its intention to take legal action against betting companies which offered odds on the opening round of the Ghana Premier League season without approval. In a statement issued Friday, the GFA added that further warned companies to desist from offering odds on the …

An anti-bushfire taskforce has been formed in Ho to help check the occurrence of destructive fires in the Municipality. The Municipal Anti-bushfire Task Force, under Mr Prosper Pi-Bansah, Ho Municipal Chief Executive, is made up of personnel from the Ghana National Fire Service, the Ghana Police Service, the Military, 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 …

The Nigerian FCT Police Command has stopped an attempted robbery at a First Bank PLC branch in Mpape, a suburb of the capital city. The spokesperson of the command, ASP Mariam Yusuf, confirmed that order has been restored in the area after four of the suspects were arrested and one …

To reduce the rate of accidents and casualties caused by commercial motor riders, popularly called “Okada riders”, the Ghana Medical Association (GMA) has called for a total ban of their operations. Dr Frederick Kwarteng, the Head of the Accident, Emergency and Orthopaedic Department, Korle-Bu Teaching Hospital made the call in …

Nollywood actress, Anita Joseph, has set tongues wagging after teasing fans with a nude video, few days into the new year. The Nollywood star is well aware of the unsavory comments that would be targeted at her for doing the unusual but she has proven to have tough skin. Anita …

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, …

Police in Kumasi are investigating the circumstances under which a driver of the Bank of Ghana allegedly shot to death his lover in a hotel room in the Ashanti regional capital. Edwin Awuku and Maame Yaa, believed to be lovers, reportedly checked into the hotel in the evening of New …

Asante Kotoko shut down the social media buzz around Premier League side Legon Cities FC on Friday night, delivering a devastating response in Accra. The Porcupine Warriors rallied from a goal down to win the much-hyped league fixture at the Accra Sports Stadium. Greek-Ghanaian striker Panayotis Papadopoulos gave Cities an early advantage with …

Three fuel tankers parked close to a Bulk Oil Storage and Transporation Company (BOST) depot at Buipe in the Central Gonja District of the Savannah Region have been totally razed by fire. The inferno struck the tankers and their contents Friday evening around 7 pm but firefighters were helpless to extinguish …

A colorful wedding ceremony was underway but got stopped after it emerged that the husband tested HIV positive. The said event allegedly took place at Jigawa State, in Nigeria. According to a twitter user @__ussy who shared the news he said; the man was tested during the ceremony and he …

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 …

The Director-General of the Police Criminal Investigations Department (CID), Maame Yaa Tiwaa Addo-Danquah, has been relieved of her post in a major shakeup at the top hierarchy of Ghana’s Police administration She has been moved to head the Police Welfare Department as the Director-General while Commissioner of Police Isaac Ken …

A newborn baby dumped in a public toilet at Atebubu in the Atebubu-Amantin District of the Bono East region has been rescued. The baby, according to reports, was discovered in the Atebubu English/Arabic school toilet by a security man. The Assembly Member for the Atebubu Zongo Electoral Area, Takiyudeen Issah, …

The Director-General of the Criminal Investigations Department (CID), Maame Yaa Tiwaa Addo-Danquah, has been reassigned by the Inspector General of Police, James Oppong-Boanuh. She is now the Director-General in-charge of Welfare at the Ghana Police Service. COP Isaac Ken Yeboah, formerly the Director-General in-charge of Admin is now the new …