Featured
High Court issues bench warrant for arrest of CID Boss, Director-General Legal for contempt
An Accra High Court has issued a bench warrant for the arrest of CID Boss, Deputy Commissioner of Police (DCOP) Faustina Agyeiwaa Kodua Andoh-Kwofie and the Director-General Legal and Prosecution unit of CID for failing to appear in court after being charged for contempt. Presiding judge, Justice Lydia Osei Marfo issued the order after evidence […]
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Business
Domestic tourism: Stakeholders demand reduction of taxes and levies
The Ministry of Tourism, Arts, and Culture and the Ghana Tourism Authority are hopeful that the Ministry of Finance will consider providing tax reliefs in the mid-year budget review for operators in the sector following a paper they presented on the issue. According to the two entities, poised to make tourism the number one GDP […]
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Business
Cedi-dollar depreciation for first four months of 2024 nears 10%
The depreciation of the Ghanaian cedi against the US dollar continues its upward trend on the commercial forex market, with the loss in value nearing 10% for the first four months of 2024. Since the beginning of the year, the cedi has experienced marginal depreciation marking a year-to-date depreciation of approximately 9.37%. However, this marks […]
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Sports
‘I Was Around Bad People’
Anthony Kim American Ryder Cup player Anthony Kim says he fell victim to “scam artists” and “snakes” during a 12-year absence from professional golf. The 38-year-old American, a one-time
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News
Interior Minister declares April 11 as holiday for Eid-ul-Fitr
The Interior Ministry has declared Thursday, April 11, 2024, as a public holiday to commemorate Eid-ul-Fitr, a significant religious festival celebrated by Muslims worldwide. A press statement signed by the Interior Minister, Henry Quartey on Wednesday, April 3, 2024, confirmed the statutory holiday and urged Ghanaians to observe it as such throughout the country. Eid-ul-Fitr […]
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Featured
Ghana’s dependence on IMF, World Bank, a lazy man’s approach – IEA
Dr. John Kwakye, the Director of Research at the Institute of Economic Affairs (IEA), has criticized the Akufo-Addo government for its dependence on funds from the International Monetary Fund (IMF), World Bank, and other donor agencies to strengthen the local currency. He labelled the government’s heavy reliance on foreign aid, including Eurobonds and cocoa syndicated […]
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Business
Addison explains why Ghana’s economy is growing but the Cedi is depreciating
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has explained why the local currency, the Cedi depreciated against the major trading ones, the Dollar, Pounds, and Euros, at a time when the local economy was expanding. Recently, the Government Statistician, Professor Samuel Kobina Annim announced that Ghana’s economy grew by 2.9% in 2023, […]
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Business
Cedi Largely Stabilised Since 2023
The Minister of Finance, Dr. Mohammed Amin Adam, has said the Cedi has been largely stabilised since early 2023 against the major trading currencies. According to him, the cedi cumulatively
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Business
Cedi continues to recover its value despite seasonal pressures – Governor Addison
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the foreign exchange market came under some seasonal pressures in February and early March 2024. However, he said, the Ghana cedi continues to recover its value. The pressures, he explained, emanated mainly from the strengthening of the United States dollar in international […]
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Business
Cedi Continues To Recover Value
The foreign exchange market though came under some seasonal pressures in February and early March this year, the local currency continues to recover its value. According to the Bank
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Business
$3bn IMF bailout: Ghana on course to meet targets – Amin Adam
The Finance Minister, Dr Mohammed Amin Adam, has announced that Ghana is making significant progress towards achieving the targets outlined in the 3-year, US$3bn IMF Supported Post Covid-19 Programme for Economic Growth (PC-PEG). During his first monthly press briefing on the economy in 2024, held on Tuesday, Dr Amin Adam disclosed, “The Ministry of Finance […]
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Business
Cedi has largely stabilized since 2023 – Amin Adam
The Ministry of Finance has emphasized the progress of the cedi since 2023, asserting that the currency has exhibited stability against major currencies. Finance Minister Dr. Mohammed Amin Adam highlighted this achievement during the Ministry’s Monthly briefing in Accra on Tuesday, March 26, 2024. Dr. Adam pointed out that from February to December 2023, the […]
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Business
Cedis is relatively stable in Q1, we expect stability to continue – BoG Boss
Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has said that the Cedi was relatively stable in the first quarter of 2024 against the major trading currencies, especially the Dollar. He says they expect the stability to continue. Answering questions at the 117th Moneyray Policy Committee (MPC) press conference in Accra on Monday […]
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Entertainment
Miss Kidi Ghana Takes Off In Style
Miss Kidi contestants on stage The season four of Miss Kidi Ghana took off in style with spectacular displays from contestants last Sunday in Accra. Two of the 30
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Politics
2024 Polls: NDC to release manifesto mid-year – Mahama
John Mahama, the Flagbearer of the National Democratic Congress (NDC), has revealed plans to unveil the party’s manifesto for the upcoming 2024 General Elections by mid-year. The manifesto launch will feature key policies, including the introduction of a 24-hour economy, the abolishment of ex-gratia, and the export of nurses to address unemployment among health workers. […]
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Celebrity News
It’s not difficult to fix the music royalty system in Ghana – Sarkodie
Multiple award-winning Ghanaian rapper Michael Owusu Addo better known as Sarkodie has spoken out about the problems with the country’s music royalty system. He believes a well-organized system is key to ensuring artists get paid what they deserve. Sarkodie made this proclamation during the panel discussion at the 3i Africa Summit Partners and Stakeholders Mixer […]
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Celebrity News
He’ll linger in our hearts forever – KOD mourns Peter Morgan
Ghanaian media personality and fashion icon Kofi Okyere Darko, popularly known as KOD, has paid tribute to late Jamaican reggae legend Peter Anthony Morgan. Peter Anthony Morgan, who was the lead singer of legendary Jamaican band Morgan Heritage died on Sunday, February 25, 2024. The news of the demise of the 46-year-old Grammy award-winner was […]
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Music
Gospel Star MIQ B releases new single ‘Number One’
Ghanaian gospel singer MIQ B, based in America, has finally dropped his much-anticipated new single dubbed “Number One.” In an interview with GhanaWeekend, MIQ B shared the inspiration behind the high-energy track expertly engineered by award-winning sound engineer Kin Dee: “Sometimes, life’s challenges make us forget the many blessings God has bestowed upon us.’Number One […]
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