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Cedi to fall by 20% over next 12 months – RMB Markets

The cedi’s woes are set to worsen if current conditions persist, as it is likely to depreciate by more than 20 percent against its major trading counterpart, the dollar, in the next 12 months, RMB – the corporate and investment division of FirstRand Bank – is projecting. This comes as …

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Minority shoots down loan approval over Supreme Court ruling

Minority Leader, Haruna Iddrisu, has scuttled the approval of over 38 Million Euros loan agreement between Ghana and Deutsche bank of Frankfurt for construction of 40-bed District Hospitals in three constituencies. The loan facility was to see the construction of 40-bed hospitals in Ayensuano, Effiduase, and Offinso as well as …

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‘Ni suban n-ny3’ – Suhuyini tackles Sarkodie over zoom calls comment

Alhassan Suhuyini, MP, Tamale North, has reacted to Sarkodie’s tweet about limiting his movement because of the increase in fuel prices. The rapper in a post on his Twitter timeline told his fans that he would prefer to stay indoors and communicate to the world and those who would prefer to …

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ECG disconnects power supply to Accra Sports Stadium over ¢508k debt

Officials of the Electricity Company of Ghana have reportedly disconnected the Accra Sports Stadium from the national grid. The exercise was undertaken by the National Task Force of ECG due to the heavy indebtedness of the stadium management to a tune of GH¢508,000 for power supplied to the stadium for …

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COPEC threatens to stage demo over fuel price hikes

The Chamber of Petroleum Consumers, Ghana (COPEC), says it will embark on a demonstration, if nothing is done, about the current hike in fuel prices by the close of the week. This comes on the back of predictions that petroleum prices at the pumps could increase from GH¢8.22 to GH¢10.00 …

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Over 30 houses at Janga destroyed by a rainstorm, many displaced

Some residents at Janga in the West Mamprusi Municipality of the North East Region have been displaced following a rainstorm that ripped off over 30 houses in the community on Sunday evening (13 March 2022). Several houses, provision stores, drugstores, football game centres, container kiosks, and other structures have been …

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Word Cup playoffs: Confusion over venue for Ghana vs Nigeria match

The uncertainty surrounding Ghana’s game against the Super Eagles on March 25, 2020, has been heightened with a reported change in the venue for the game. Speculations have been rife that the Ghana Football Association are being compelled to find a new venue for the game after the Federation of …

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Tricycle drivers lament over vehicular congestion on the Walewale market road

Tricycle drivers, popularly called yellow-yellow drivers, who operate within the West Mamprusi municipality of the North East Region are calling on the Municipal Chief Executive for West Mamprusi and other duty bearers to locate a protected loading place for them to park their tricycles in order to reduce the incessant …

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Broken- Hearted Husband sets himself ablaze in his car over cheating

A sad story that has caught the attention of many social media users reports how a broken-hearted husband set himself ablaze after his wife refused to come and sleep at home. Commentary surrounding the devastating story confirms that the deceased husband whose name has been given as Venus Amimo has …

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How Nigeria seized over 8,600kg of loud cannabis transloaded via Ghana on March 6

Nigeria’s National Drug Law Enforcement Agency, NDLEA, recently reported a huge seizure of Cannabis sativa, also known as loud cannabis, at a container terminal in its commercial capital, Lagos. Details of the said consignment showed that it had transited through Ghana before arriving at its eventual destination. The local PUNCH …

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