A loan deal between Côte d’Ivoire and the International Monetary Fund (IMF) has been authorized for US$3.5 billion. The three-year program aims to address monetary issues and support economic transformation. According to a statement released by the IMF on May 24, Côte d’Ivoire will get close to $500 million right …
Read More »Benkum SHS headmaster interdicted for having sex with 15 students
Benkum Senior High School in the Eastern Region’s male teachers who are being investigated for having illicit relationships with female pupils have also named the headmaster as the school’s top predator. The Ghana Education Service (GES) has thus detained Mr. Emmanuel Nyarko for further inquiry. He is charged with having …
Read More »Supreme Court summons NDC Kpessa-Whyte over ‘a stupid court’ comment
Dr. Michael Kpessa-Whyte, a lecturer at the University of Ghana and unsuccessful National Democratic Congress (NDC) candidate for Shai Osudoku, has been summoned by the Supreme Court to provide justification for why he should not be held in contempt for allegedly disparaging the country’s highest judicial body and calling it …
Read More »JUSAG strike bites hard as litigants stranded at courts
The majority of persons who use the courts in Kumasi, in the Ashanti Region, have been left stuck and perplexed because no one is there to help them. The Judicial Staff Association (JUSAG) members started an indefinite statewide strike on Thursday, leaving lawyers and litigants who visited the various courts …
Read More »The IMF agreement will prepare Ghana to return to the capital market to borrow – Akufo-Addo
Ghana’s recent IMF agreement has been defended by President Nana Addo Dankwa Akufo-Addo as an effort to stabilize the nation’s economy. The International Monetary Fund (IMF) gave Ghana GHC600 million as the first installment of a GHC3 billion bailout to help the country recover economically and restore macroeconomic stability. President …
Read More »MTN launches SME Day, targets 40m SME’s across African continent
MTN, Africa’s top telecommunications provider, is excited to announce its upcoming SME hybrid event, which aims to promote growth and give small and medium-sized businesses (SMEs) on the continent access to crucial resources. The two-day gathering will bring together business leaders, inspiring speakers, and innovative strategies to boost the growth …
Read More »Judicial Service Staff declare indefinite strike
The government’s refusal to approve the Judicial Service Staff Association of Ghana’s (JUSAG) members’ revised pay and other perks has prompted the JUSAG to launch an indefinite strike. In a statement, JUSAG charged that the government consistently acted dishonestly while handling the terms of service and other remuneration owing to …
Read More »We’re undertaking rigorous expenditure and prudent spending to meet IMF conditions – Prez Akufo-Addo
In order to achieve the requirements established by the International Monetary Fund (IMF), according to President Akufo-Addo, the administration is engaging in strict expenditure rationalization and judicious spending. He claimed that doing this is necessary to receive the second installment of the $3 billion bailout in six months. The first …
Read More »Ghanaian IMF programme is one of the fastest on record – President Akufo-Addo
According to President Akufo-Addo, the IMF bailout program for Ghana, which took 10 months to finish, was one of the fastest things to happen to the nation. Speaking at the third Qatar Economic Forum, the president emphasized that while macroindices were moving in the correct way, the nation needed to …
Read More »A known member of the NDC in Kumawu took Ghc 50 and voted for the NPP – Joseph Yamin
According to Joseph Yammin, National Organizer for the National Democratic Congress (NDC), a known NDC member purportedly took Ghc50 from the ruling New Patriotic Party (NPP) in order to cast a ballot for the NPP’s candidate in the just concluded Kumawu by-election. He stated this while denouncing what he called …
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