A number of residents in Obuasi in the Ashanti Region have been displaced following flooding in the area after hours of rain on Wednesday. Many affected persons had to scoop water out of their rooms, while others have been forced to leave their homes. The flooding has also led to the destruction of property and […] The post Obuasi Floods: Scores displaced, properties destroyed
Although he claims he has never charged any artiste for a feature, Ghanaian artiste, KiDi, has hinted that he is considering changing his position on that. Speaking in a Twitter Spaces conversation with Ghana Weekend‘s Olele Salvador, he said due to the economic conditions in Ghana at present, he wants to start charging money for features. […] The post KiDi
In line with the proactive prevention policing strategy of the Ghana Police Service, the Service has introduced a comprehensive programme to educate the general public on Human Trafficking and its related offenses. The education will cover all stakeholders, including school children, victims community members, and especially those in communities most affected by human trafficking. As […] The post Police
The Literacy Challenge team from Citi FM has ended the junior high school engagement tours in Ghana. At the end of a four-week tour across the length and breadth of the country, the team visited 45 junior high schools in the country. The team ended the tour with a visit to Victory Presbyterian Church School […] The post The Literacy Challenge: Citi
Ghana is set to hold talks with the International Monetary Fund (IMF) on a support package. The Nana Addo Dankwa Akufo-Addo administration had refused to seek an IMF bailout despite the massive economic downturn in the last six months, but later decided to swallow its pride and seek support from the Bretton Woods institution. These […] The post Main reasons why Ghana
The Tema Oil Refinery has refuted claims it unlawfully sold slop oil, which is a mixture of petroleum product, water and solids, to two companies. The companies in question are Petro XP Ghana Limited and K-Moy Ghana Limited. In a statement, TOR said, “the Slop Oil in question was disposed and sold to Petro XP […] The post TOR refutes allegations of shady sale of slop
About eight persons sustained injuries in the early hours of Friday after a vehicle collided with two auto-rickshaws (tricycles) at Aboabo in the Asokore Mampong Municipality of the Ashanti Region. The driver of the Urvan vehicle told police officers deployed to manage traffic at the accident scene that he ran into the tricycles from the […] The post Eight persons injured in accident
Despite a turn towards the International Monetary Fund, economist Dr. Adu Owusu Sarkodie has urged the government to still work towards a plan that will improve Ghana’s economic fundamentals. He stressed that the fiscal consolidation that Ghana could attain under an IMF programme will not spur economic development. “IMF will not grow your GDP. IMF […] The post Gov’t
The IMF says it is ready to support Ghana to revive its ailing economy. The resident representative of the fund, Dr. Albert Touna-Mama in a series of tweets confirmed that the Government of Ghana had reached out to his outfit for support to restore the economy to a path of growth. “We can confirm that […] The post We’re ready to assist Ghana restore
An increasingly worrying trend, that is beginning to develop as banks and customers work to link their Ghana cards to their bank accounts, has been the activities of fraudsters and scammers. These fraudsters have adopted a modus operandi where they are creating fake links and web pages or hacking into bank systems to gather critical […] The post Banking customers urged to be wary
Ghana should have resorted to the International Monetary Fund (IMF) earlier for financial assistance, the Executive Director of IMANI Africa, Franklin Cudjoe has said. He asserted that the government’s negotiation with the IMF is a bit delayed, given the current economic challenges confronting the country. “It is good that we have gone to the IMF. […] The post Gov’t
The Deputy Ranking Member of Parliament’s Finance Committee, Isaac Adongo says the government’s decision not to seek an IMF bailout early enough will make its negotiations with the fund difficult. Speaking in a Citi News interview, Adongo said the government will be negotiating from a place of vulnerability since it allowed many things to run […] The post Delay
Professor Peter Quartey, Director of the Institute for Statistical, Social and Economic Research (ISSER) of the University of Ghana has hailed government’s decision to engage the International Monetary Fund (IMF) for a bailout in the face of rising economic challenges. He says the move is a giant step in the right direction, describing it as […] The post Ghana’s
The Chairman of the Association of Ghana Industries Accra, Tsonam Akpeloo says the cycle of governments resorting to the International Monetary Fund (IMF) for bailout will not break if the nation does not revive local industries. Speaking to Citi News, Mr. Akpeloo admitted that “going to the IMF has its own impact, stabilising the economy […] The post ‘IMF
EMY Africa CEO, Kojo Soboh has been ranked among Avance Media and YCEO Africa’s Top 50 Young CEOs in Ghana for 2022. The YCEO top 50 young CEOs in Ghana is a yearly classification which acknowledge and recognizes young Ghanaian Chief Executive Officers who are contributing to various sectors of the economy, including sports, manufacturing, […] The post Kojo Soboh ranks among
The Minister for Finance, Ken Ofori-Atta, is programmed to present the mid-year budget review to Parliament on 13th July 2022. According to the Majority Leader, it is possible that the Minister will table a request for the approval of supplementary estimates. The presentation will come as Ghana prepares to head back to the International Monetary […] The post Ofori-Atta
Former President John Dramani Mahama wants the government to set its priorities right in the wake of the current economic challenges. In a statement commemorating Republic Day, the former President expressed worry over what he called the “excruciating suffering and commodity price hikes due to the massive economic downturn.” “This is certainly not the Ghana […] The post Set
The Ghana Association of Banks (GAB) has assured that despite the end of the period given for customers of financial institutions to update their data with the Ghana Card, they will be able to still carry out banking transactions even without the card. The directive regarding the update of the data of customers of financial […] The post Financial
Over 300 police personnel have been deployed to provide protection for some divisional Chiefs of Yilo and Manya Krobo who are leading a protest against the installation of prepaid meters in the Krobo enclave by the Electricity Company of Ghana (ECG). The officers were drawn from the National Headquarters and the Eastern Regional Police Command […] The post Police
The Enterprise Group PLC has cemented its position as the foremost financial services company in the country with an impressive financial performance in 2021. The Group recorded a 37% increase in Group Net Income growing from GHS 847.7 million in the previous year to GHS 1,164 million in 2021. This was made known at the […] The post Enterprise Group records
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