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Vice President Dr. Mahamudu Bawumia is expected to address the nation on the government’s decision to seek an International Monetary Fund (IMF) economic rescue programme. This will be during the official launch of the collaboration between Accra Business School and South East Technological University Ireland. In announcing the development, a leading member of the …

The Ministry of Finance says government flagship programmes like the free SHS policy, Agenda 111 among others, will not be scrapped following government’s decision to seek an IMF bailout. The Ministry says government will ensure that pro-poor policies are not affected by the IMF conditionalities. Government last Friday announced plans …

On the Interbank forex rates from the Bank of Ghana today, July 6, 2022, the Ghana Cedi is trading against the dollar at a buying price of 7.2409 and a selling price of 7.2481. As compared to yesterday’s trading of a buying price of 7.2309 and a selling price of 7.2381. At …

The mass funeral for 21 teenagers who died in mysterious circumstances at a South African nightclub more than a week ago is due to take place on Wednesday. The funeral ceremony for the teenagers aged between 13-17 will be held in a giant tent at Scenery Park, in East London. …

A man accused of opening fire on a Fourth of July parade near Chicago has been charged with seven counts of murder, officials say. Robert Crimo, 21, would be punished “for the killing spree he has unleashed against our community”, Lake County State Attorney Eric Rinehart said. The attack in …

Members of the Union of Professional Nurses and Midwives, Ghana (UPNMG) have said they also deserve a 20 percent Cost of Living Allowance (COLA) in the wake of the harsh economic conditions just as teacher unions are demanding. The teacher unions have embarked on strike action following the government’s failure …

Ghana will appeal against a fine and ban imposed on its women’s Under-17 football team after being found guilty of age-cheating. Last month Morocco edged past Ghana on penalties to qualify for the 2022 Women’s U17 World Cup but subsequently launched a protest about their opponents. The North Africans claimed two players …

Seasoned Journalist, Kwesi Pratt says corruption is not the cause of Ghana’s problems. As the nation returns to the International Monetary Fund (IMF) despite calls on the President not to consider such move, especially when he promised Ghanaians he wouldn’t take that route, government officials and members of the governing …

Ghana and Bayern Munich legend Samuel Osei Kuffour has reacted to Sadio Mane’s departure from Premier League giants, Liverpool. The Senegalese star joined Bayern Munich this summer transfer window on a three-year deal after agreeing to leave the Reds. In an interview with Peace FM, Sammy Kuffour, who won the …

Broadcast journalist, Bridget Otoo, has charged journalists in the country never to condone any form of abuse from employers or bosses who threaten to take them off air for voicing out their grievances. Bridget on Tuesday launched a campaign against owners of media houses who go months without paying the …

Some pupils in the Northern Regional capital, Tamale have appealed to government and striking teachers in the country to resolve their differences quickly to prevent a catastrophe in the upcoming Basic Education Certificate Examination, BECE. Already, performance in the BECE in the Region has been a major source of worry …

The Bolgatanga Central MP, Isaac Adongo, has suggested to the government to call on experts such as economist Kwame Pianim and businessman Sam Jonah to lead the negotiations with the International Monetary Fund (IMF). The IMF team is expected to arrive in the country Tuesday in order to commence the …

The Electronic Transfer Levy will not be discontinued despite an application to the International Monetary for a financial bailout, the Finance Ministry has said. The Ministry said the IMF bailout is a means to help the country shore up its foreign reserves thus tax measures including the electronic transfer levy …

Residents of Dwenewoho a suburb of Mankranso in the Ahafo Ano South District of the Ashanti Region are in total shock after a 40-year-old farmer allegedly died after falling into a borehole. Kwadwo Awuni, affectionately known as Agabus was said to have died after falling into the 43 feet deep …

Learning was paralysed in public schools Tuesday after teachers proceeded with their planned strike across the country to demands for the payment of Cost of Living Allowance (COLA). When the OTEC FM News crew visited public schools in Kumasi metropolis in the Ashanti Region, pupils turned their classrooms into playing grounds as while others were …

A visit to selected basic and second cycle schools in the Ashanti region by GBCNews showed a mixed reaction of the interested parties to the strike action declared by labour unions at the pre-tertiary educational level. While a greater majority of teachers were complying with the industrial action with only …

Hundreds of Tollbooth Workers have stormed Parliament over the loss of jobs and unpaid arrears. The angry-looking workers carrying placards say they are hungry. The Workers Union made up of numerous disabled persons during the early hours of Tuesday, July 5, defiled the heavy downpour in the capital and walked …

Five persons have been critically injured after GMC private car with the registration number GR 8670-15 collided with a Toyota Hiace with registration number GX 6981-21 carrying food from Accra to Ajumako Mando SHS. The accident occurred at Gomoa Okyereko on the Kasoa Cape-Coast Highway in the Central Region. Reports …

An advanced convoy of Nigeria President Muhammadu Buhari came under attack from gunmen on Tuesday, July 5, the Presidency confirmed in a statement. The incident took place in Buhari’s home state, Katsina State – specifically in the town of Dutsinma, but did not involve the President who is still in …

 20-year-old first-year Home Economics student of the Asesewa Senior High School in the Eastern Region Monday dawn lost her life in a tragic motor accident at Mampong near Odumase-Krobo in the Lower Manya Krobo Municipality. Batsa Florence Aku who was said to be sandwiched between the rider of the Royal …

Political analyst, Dr. Richard Amoako Baah, has questioned the honesty of President Nana Addo Dankwa Akufo-Addo as he remains silent over critical issues of national concern. The host of Ultimate FM’s flagship Sunday Evening Programme “What’s Going On” wondered why the president has not shared his view on the widely discussed topic …

Nadia Abdul Aziz, a reclusive Ghanaian executive, is arguably one of the richest business leaders in Ghana and West Africa due to her multimillion-dollar stake in Asante Gold, a Canadian Securities Exchange-listed gold exploration, development, and operating company. Aziz, a leading financial professional who took over as a director of …

Legendary artiste, Reggie Rockstone has cautioned his fans to be wary of their environment as reptiles take over his home following a flooding situation. Reggie was part of the many Cantonments residents whose homes got flooded due to the heavy Tuesday rains. He posted videos of the interior and exterior …

Prior to January 2020, the Excellence in Broadcasting (EIB) Network was one of the most sought-after, high-ranking media firms in the country. The media outlet had great and seasoned radio and television personalities on its staff. The media firm was also recognized as one of the wealthiest in the country …

Ghanaian rapper, Michael Owusu, known as Sarkodie, is set to drop a track for President Nana Addo and his party. One of the musicians in Ghana who advertised for the ruling party before and after the 2020 elections was Sarkodie. Sarkodie’s song ‘Happy Day’ featuring Kuami Eugene came under severe backlash after many …