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Fitch downgrades Ghana again from C to Restricted Default (RD)

International rating agency Fitch has further lowered Ghana’s long-term creditworthiness from “C” to “Restricted Default” (RD). Local-currency domestic bond issuance ratings have likewise been lowered to Default (D) from “C.” Fitch also confirmed Ghana’s Long-Term Foreign Currency (FC) IDR at “C” in a statement. Fitch normally does not provide sovereigns …

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Ghana’s inflation falls from 54.1% to 53.6%

The inflation rate in Ghana has decreased from 54.1% to 53.6%. This little decline occurs after a 19-month increasing trend. The month of January 2023 is the fall. The Ghana Statistical Service reports that between December 2022 and January 2023, monthly inflation was 1.7%. Moreover, January’s food inflation rate was …

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VP Bawumia commissions National Children’s Library

The Vice President of the republic of Ghana, Dr Mahamadu Bawumia has commissioned the National Children’s Library, and a Mobile Library filled with over 1000 books, with a renewed pledge to continually work to close Ghana’s current learning poverty gap and make her a “learning nation”. The two storey Library, …

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Stop promoting corruption – Mahama to Akufo-Addo

Former President John Dramani Mahama has intervened in the dispute over the release of an audit report on how the government used COVID-19 monies between Attorney General and Minister for Justice Godfred Yeboah Dame and Auditor General Johnson Akuamoah-Asiedu. Mahama said in a tweet on Wednesday that the letter from …

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MTN marks Valentines Day with blood donation

MTN, a leading telecom company, donated blood on Valentine’s Day to the Komfo Anokye Teaching Hospital. In response to concerns of a severe shortage at the National Blood Bank at Komfo Anokye Teaching Hospital and other hospitals, there was a countrywide effort to replenish blood banks. For instance, health officials …

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