The International Monetary Fund (IMF) has confirmed that Ghana is in debt distress, a deputy Ranking Member on Parliament’s Finance Committee, Isaac Adongo, has alleged. According to him, the development comes after the Fund, in its latest Monetary and Capital Monitor report, affirmed Ghana has attained ‘the unenviable economic status of a …
Read More »Here’s the Cedi’s performance against major foreign currencies as at February 28
On the Interbank forex rates from the Bank of Ghana today, February 28, 2022, the Ghana Cedi is trading against the dollar at a buying price of 6.5971 and a selling price of 6.6037. As compared to Friday’s trading of a buying price of 6.5971 and a selling price of 6.6037. At …
Read More »PHOTOS: Dr Osei Kwame Despite gets challenger as another Bugatti arrives in Ghana
Massive reactions have greeted a photo of another expensive vehicle from French automobile maker, Bugatti, that has allegedly arrived on the shores of Ghana. This comes after Ghanaian millionaire, Dr. Osei Kwame Despite spoiled himself earlier this month with the 2022 Bugatti Chiron Super Sport as he climaxed his 60th birthday. The …
Read More »GPL match report: Etouga hit brace as Kotoko beat Dreams FC at Baba Yara
Asante Kotoko completed the double over Dreams FC to go 10 points clear at the top of the Ghana Premier League. Cameroonian striker, Franck Etouga Mbella got both goals in the second half as Kotoko continue their dominance over the Dawu club. Kotoko have won eight consecutive league games against Dreams …
Read More »Nkwatia chieftaincy impasse: Agitations as House of Chiefs fails to give ruling
Since last year, the Eastern Regional House of Chiefs has on three occasions failed to give its final judgement on the Kwahu-Nkwatia chieftaincy judgement over reasons yet to be unraveled. It will be recalled that a previous ruling delivered by the Judicial Committee of the Eastern Regional House of Chiefs …
Read More »Ukrainian President agrees to talk with Russia, but rejects Belarus as meeting place
Ukrainian President Volodymyr Zelensky said he would be willing to hold talks with Russia but rejected the Russian proposal for a meeting to be held in Belarus, a staging ground for Moscow’s invasion of Ukraine. “We’ve heard a lot of talk about a meeting between Ukraine and Russia that might …
Read More »Putin suspended as honorary president of International Judo Federation
Russian president Vladimir Putin has been suspended as honorary president of the International Judo Federation (IJF), the sport’s governing body announced on Sunday in the wake of Russia’s invasion of Ukraine. “In light of the ongoing war conflict in Ukraine, the International Judo Federation announces the suspension of Mr Vladimir …
Read More »VIDEO&PHOTOS: Sad scenes as Guan DCE who died after 11 days in office is buried
The final funeral rites of the District Chief Executive (DCE) for Guan District in the Oti Region, Marlon Anipa, has been held. The solemn ceremony came off on Saturday at the Akpafu Senior High Technical School on the Hohoe-Jasikan Highway in the Oti Region. This was after a burial service at the …
Read More »WATCH: Muntari record first assist as Legon Cities strike late to deny Hearts victory
A late goal from Osman Amadu helped Legon Cities to draw 1-1 with Hearts of Oak on Saturday afternoon. Nicknamed the Royals, the capital-based club today locked horns with the Phobians at the El-Wak Sports Stadium in a matchday 18 encounter of the Ghana Premier League season. Following an impressive …
Read More »Aliko Dangote loses US$500 million as cement firm shares fall
African billionaire businessman Aliko Dangote has seen his net worth fall by more than $500 million in the past 27 days, as shares of his flagship company, Dangote Cement Plc, dropped by a single-digit percent on the Nigerian Exchange. Dangote, the continent’s wealthiest man who has retained his position for …
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