The weak performance of the Ghana cedi to the dollar as well as inflation impacted negatively on the Ghana Stock Exchange (GSE), as the Accra Bourse lost about ¢748 million in market capitalization in 2022. The GSE market capitalization stood at ¢64.49 billion in December 31, 2021, but ended 2022 Read more
The President of the African Investment Group, Dr. Sam Ankrah, has urged the government to implement policies that will bring stability and help businesses deal with shocks in 2023. Many businesses were impacted severely by inflation and the depreciation of the cedi in 2022. Speaking to Joy Business, Dr. Ankrah Read more
Global business leader and group chief executive officer (CEO) of MTN, Africa’s largest mobile telecommunication giant, Ralph Mupita, will be speaking at the maiden Africa Prosperity Dialogues, which is being organised by the Africa Prosperity Network and its partners, including the African Continental Free Trade Area Secretariat and the Government Read more
The Ga Mantse, King Tackie Teiko Tsuru II has disclosed plans to collaborate with other traditional leaders to provide children access to education and educational materials. He disclosed the plan in his speech during the 6th edition of his annual New Year Children’s Party, dubbed Kinka Blonya, at Bukom Park, Read more
Thousands of holiday revellers in the Ashanti Region turned up in their numbers to enjoy the biggest family outdoor event in Kumasi. The New Year edition of the Luv/Nhyira FM Frytol Family Party in the Park saw a massive lineup of activities to carry patrons through the New Year. Patrons Read more
The year 2022 was a tough one for people and businesses around the world. Ghana struggled with a weakened Cedi and astronomical price increases. Traders adjusted their prices multiple times and banks raised lending rates significantly. The Ghana insurance industry showed goodwill with the market and held back from increasing Read more
Thousands of holiday revelers within the Ashanti Region turned up in their numbers to join in the fun of the biggest family outdoor event in Kumasi. The New Year edition of the Luv Fm/Nhyira FM Frytol Family Party in the Park saw a massive line up of activities to carry Read more
However, Elon Musk’s electric car maker missed Wall Street forecasts for the last three months of the year. Source: BBC
The Vice President of Trinity Theological Seminary, Kwabena Asamoah-Gyadu has said that some Ghanaian pastors have turned prophecies into nuisance even though prophecy itself is biblical. According to him, there are pastors who prophesy according to their stomachs, adding they say what they know nothing about which has turned prophecies Read more
The Director General of the Ghana Health Service has advised Ghanaians who are unvaccinated against the Covid-19 virus to take appropriate steps to get vaccinated. Speaking on Newsnight on Joy FM, Monday, Dr Patrick Kuma Aboagye explained that the best protection anyone could have against the virus is getting the Read more
The National Cathedral Secretariat has revealed that government has paid a total of GH¢339 million towards the construction of the National Cathedral. This was contained in the status report of the National Cathedral Secretariat delivered at the Bible Reading Marathon Thanksgiving Service held at the project site on Monday. According Read more
Mastercard Higher Education Health Collaborative of the Kwame Nkrumah University of Science and Technology will soon roll out new courses to address gaps in Ghana’s health sector. The Principal investigator on the project, Prof. Ellis Owusu-Dabo says the courses will span from data science to management of non-communicable diseases to Read more
The Director of Institute of Statistical Social and Economic Research (ISSER), Professor Peter Quartey, has warned that the government’s debt exchange programme would lead to a lack of confidence in the banking system. The programme launched on December 5, 2022 is intended to restructure the country’s debt which has reached Read more
The University of Ghana has justified the adjustment made to Academic Facility User Fees for the 2022/2023 academic year. The University said the adjustment of fees is based on rates approved by Parliament and communicated through the Ghana Tertiary Education Commission (GTEC), thus it is legal. In an press release Read more
President Akufo-Addo has donated GHC100,000 to the National Cathedral Secretariat for the continuation of the project. Speaking at the Bible reading marathon ongoing at the project site, the President reiterated his conviction to build the cathedral, noting that it is not only his pledge but an act of thanksgiving for Read more
President Nana Addo Dankwa Akufo-Addo has underscored the need for Ghana to make a systematic and conscious effort towards self-sufficiency. According to him, developing Ghana’s self-sufficiency and its food security was one major challenge. However, he bemoaned the fact that a lot of money was spent on importing, especially foodstuffs, Read more
Patrons at the adults corner of the Luv FM Family Party in the Park jammed to live band music at the Ratray Park in Kumasi. The revelers who thronged the biggest family outdoor event in the Garden City were treated to diverse local and foreign songs, including hip pop and Read more
The Obuasi Municipal Health Directorate is retooling its facilities for improved access to healthcare delivery this year. Director, Yaa Manu, says a comprehensive plan is being implemented to ensure effective participation of the private sector in achieving the target. “No facility has had enough logistics. So we are working to Read more
Dubai has scrapped its 30% alcohol tax in an apparent bid to boost tourism. It will also stop charging for personal alcohol licences – something residents who want to drink at home must have. Dubai has been relaxing laws for some time, allowing the sale of alcohol in daylight during Read more
“Avengers” star Jeremy Renner is in “critical but stable condition” after getting into an accident involving a snow plow. The “Hawkeye” star sustained injuries “after experiencing a weather-related accident while plowing snow earlier today” in Nevada, his rep said late Sunday. “His family is with him and he is receiving Read more