Tag Archives: GHANA

The Ghana Armed Forces (GAF) has refuted news publications alleging that some of its officers are being chased by the Economic Community of West African States (ECOWAS) for stealing $800,000 which was to be used as allowances for peacekeeping troops. According to GAF, the said $800,000 was paid to the …

The Asantehene, Otumfour Osei Tutu II, has appealed to the bank of Ghana to take necessary steps to stabilize the forex market. In a speech read on his behalf at the 19th Ashanti Business Excellence Awards by Sewuahene, Nana Kwaku Sarkodie, the Asantehene expressed worry over the depreciation of the …

According to popular comedian and musician Kwadwo Nkansah also known as “Lil Win,” he is the highest-paid football player in Ghana. He stated that he receives the highest pay among all football players that play professionally in Ghanaian football leagues in an interview with Andy Dosty on the Daybreak Hitz. …

One cigarette is going to be sold at 5 Ghana cedis in Ghana. This increase in the price of cigarettes will be effective On Monday. The cigarette was sold at 1.50ps then but from Monday they will be sold at 5 cedis. The reason is due to the change in …

Even a person with alexithymia can feel Ghana’s present economic hardships. It seems the country is on autopilot because despite Nana Addo claiming that he has the men prior to becoming the president nothing seems to be perfectly working. The prices of food and fuel have skyrocketed and nothing shows …

There is a 50% chance that Ghana could default on its debt repayment, rating agency, Fitch, has projected. The agency said that Ghana’s sovereign credit rating may yet face another downgrade closer to default. According to a report by myjoyonline.com, Fitch said that this could become an even more definite …

There’s been a lot of media brouhaha about the fertilizer crisis in Ghana, focusing on recent huge price increases for inorganic (synthetic) fertilizer. Indeed, the price of inorganic fertilizer in Ghana has gone up about 5-fold in the last two years (and for those lucky enough to receive government-subsidised fertilizer …

Onion sellers in the Kwadaso municipality of the Ashanti region have forewarned Ghanaians about shortages during this year’s Christmas festivity. According to the traders, over 90% per cent of onion sellers have withdrawn from the business due to the Ghanaian cedi’s inability to compete with the CFA and the Dollar. …

Former President John Mahama has said that the governing New Patriotic Party (NPP) while in opposition thought governance was easy and that now that they are in power, the difference between the governance of the National Democratic Congress (NDC) and that of the NPP is clear for all to see. …

Minister of Information, Kojo Oppong-Nkrumah, has warned of a possible “third problem” that can worsen the country’s economy despite the dire effect of the Russia-Ukraine war which the government has identified as a prime cause of Ghana’s economic crisis. Mr Oppong-Nkrumah expressed his disappointment in the Ghanaian media over the lack …