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 …
Read More »Ghana to drop the cedi for ECO – Government
Ghana will soon swap the cedi for the new single ECOWAS common currency, the eco when trading within the ECOWAS region. “We, in Ghana, are determined to do whatever we can to enable us join the Member States of UEMOA, soon, in the use of the ECO, a statement from …
Read More »Ghana and China sign $42.62 million grant agreement
Ghana and China have signed a grant agreement for US$42.62 million for the implementation of economic and technical projects to be agreed on by the two sides for their mutual benefit. Finance Minister Ken Ofori-Atta, and Chinese Ambassador Mr Shi Ting Wang, initiated the deal on behalf of their respective …
Read More »VIDEO: 49-year-old sugar mummy dies during S3X with 29-year-old lover boy in Ghana
Multiple reports from Ghana media houses are reporting the untimely death of a 49-year-old woman who died after having several bouts of sex with her younger partner who was said to be 29-years old in the Ashanti Region. The sad incident reportedly happened at Manso Nwiniso in the Amansie West …
Read More »Why many Ghanaian coaches like oil and toilet
Former Asante Kotoko coach, Isaac Opeele Boateng, has admitted that some coaches in Africa and for that matter, Ghana don’t believe in football tactics. According to the CAF license ‘A’ holder, pastors, soothsayers and Malams take centre stage during football matches. “I coached a team in Ghana here; we rubbed …
Read More »VIDEO: Nigerians and Ghanaians clash at Circle
INFORMATION REACHING GOSSIPS24.COM INDICATES NIGERIANS AND GHANAIANS HAVE CLASHED ONCE AGAIN AT CIRCLE OVER UNKNOWN REASONS. This was made known after a viral video of the ongoing event surfaced on social media. According to eyewitnesses, Nigerians have mounted barricades at certain areas in Circle and have been throwing stones at Ghanaians. Fadat1 …
Read More »Ghana Water Company resumes supply to Sekondi-Takoradi after 10 days
The Western Region Office of the Ghana Water Company Limited (GWCL) has resumed water supply to the Sekondi-Takoradi Metropolis from its Daboase Headworks in the Wassa East District after ten days of cut in supply. The cut in water supply was as a result of a cable blast, which affected …
Read More »Ghana’s total debt stock hits GHC208.6bn
Ghana’s total debt stock has hit GHS208.6 billion, according to new data from the Bank of Ghana. The stock rose by GHS3.1 billion between July and September. Per the central bank’s Summary of Economic and Financial Data, the current debt stock represents 60.3 per cent of Ghana’s GDP. A total …
Read More »Ghana-Benin sign air services agreement
Ghana and its Western African counterpart, Benin, have signed bilateral air services agreement. The signing ceremony took place on Thursday, November 21, 2019, in Cotonou, the capital of Benin, according to an official communication from the Aviation Ministry to DGN Online. Deputy Minister of Aviation, Yaw Afful, signed the agreement …
Read More »Ghana signs deal to buy six aircrafts for new national airline
Government on Tuesday signed a deal with De Havilland Aircraft of Canada at the on-going Dubai Air Show to buy six Dash8-400 aircraft to start its national airline. The plan to reestablish a national flag carrier has been in the works for some time now. The newly signed by the …
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