The Bank of Ghana has increased its policy rate by 150 basis points to 29.5% to help check the high inflation and any downside risks to the economy. This means the cost of credit will continue to remain high, affecting household spending and private sector growth. Average lending rates shot Read more…
The Chinese government has given a strong indication that it is willing to help Ghana secure the balance of payments bailout from the International Monetary Fund (IMF). According to the Chinese government, it has an obligation to ensure the Ghanaian economy does not collapse. This is according to the Chinese Read more…
A number of National Democratic Congress MPs on Friday voted to approve President Akufo-Addo’s new government appointees, much against directives of their leaders to reject the appointments. Do you think the ‘rebel MPs’ were right in their action, or the NDC leadership was wrong in dictating to its MPs? Share Read more…
Dr Zanetor Agyeman-Rawlings, daughter of the late Jerry John Rawlings, is the latest lawmaker to be crestfallen by the outcome of the secret balloting in Parliament that saw the approval of the six ministerial nominees. In a Facebook post on Monday, the MP for Korle Klottey said the former President Read more…
The 58-year-old reportedly visited a school that he founded in his hometown of Hangzhou. Source: BBC
The collapsed lender was seized by US regulators after a run on the bank. Source: BBC
Elon Musk has also reportedly indicated Twitter is now worth less than half the amount he paid for it. Source: BBC
Sniffing other people’s body odour might be useful in therapy for social anxiety, say Swedish researchers who have started tests with volunteers. The scientists have been using armpit sweat in their experiments. Their hunch is the smell activates brain pathways linked to emotions, offering a calming effect – but it Read more…
Israeli’s defence minister has been sacked after he spoke out against controversial plans to overhaul the justice system. Prime Minister Benjamin Netanyahu summoned Yoav Gallant to a meeting and told him he no longer had faith in him as defence minister. The plan to limit the powers of the judiciary Read more…
Germany’s transport network will be at a near standstill on Monday as two of the country’s largest unions strike. Staff at airports, ports, railways, buses and subways walked out shortly after midnight for a 24-hour stoppage. Unions are demanding higher wages to help their members cope with the rising cost Read more…
At least 29 migrants have died after at least two boats sank off Tunisia’s coast within hours of each other, officials say. The sub-Saharan migrants were trying to cross the Mediterranean to reach Italy. It is the latest in a string of migrant boat capsizes off Tunisia’s coast in the Read more…
The Ghana Athletics Association (GAA) in collaboration with Ghana Education Service (GES) and the National Sports Authority (NSA) will organize an Invitational National Athletics Championship at the Baba Yara Sports Stadium, Kumasi in April. The maiden edition of the athletics has the goal of identifying and grooming budding talents to Read more…
Hearts of Oak and Asante Kotoko both suffered defeats on matchday 23 of the betPawa Ghana Premier League as Aduana FC maintained a two-point lead at the top of the league. The Rainbow Club fell to a 0-3 loss at the hands of Karela United in a game which grabbed Read more…
Manager Antonio Conte has left Tottenham Hotspur by mutual consent after 16 months in charge. Conte called the Spurs players “selfish” and criticised the club’s culture in a remarkable news conference after their recent draw at Southampton. Tottenham are fourth in the top flight but are out of all cup Read more…
Following the failure of the Minority in Parliament to refute the passage of the six ministerial nominees of the Akufo-Addo government, many are wondering the essence of Ghana having a hung Parliament. After the 2020 election, a section of Ghanaians were optimistic that the country’s hung Parliament was what the Read more…
The Member of Parliament (MP), for Upper West Akim, Fredrick Obeng Adom, is organising a two-week football competition for his constituents. The competition which is dubbed “Adom Easter GALA” started on Sunday, March 26 and will end on Monday, April 10. About 92 communities within the constituency will all be Read more…
“And the King will answer them, ‘Truly, I say to you, as you did it to one of the least of these my brothers, you did it to me.” That is the focus of the House of Miracle Ministries as the church urges members to give their offerings as alms Read more…
The Vice President of the United States, Kamala Harris, touched down in Accra on Sunday, March 26, 2023. She was in the company of her husband Douglas Emhoff and other top officials in the US government. Madam Harris was met by Ghana’s Vice President Dr Mahamudu Bawumia at the Kotoka Read more…
Boakye Tromo Senior High Technical School has sailed through to the zonal stage of the 2023 Onga Cook Art. They beat three other contenders in a nail-biting contest at Bechem. At the start of the contest, expectations were high. Contestants at Samuel Otu Presby SHS were confident of making a Read more…
Ghana Senior High School (GHANASS), Koforidua, will represent the Eastern region at the zonal stage of the 2023 Onga Cook Art Competition after a strong showing at the preliminary contest. Ghanass locked horns with five other schools drawn from the region. The first round was tough for all schools. Krobo Read more…