NEWS

Don’t touch our pension fund – GNAT to gov’t

The Ghana National Association of Teachers (GNAT) has entered the ongoing discussion about the upcoming Debt Exchange Program that the government plans to implement. The teachers claim that they are interested participants in the domestic bond market, which is supported by the Teachers Fund and its subsidiaries as well as …

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Tertiary education in Ghana heading towards danger-NUGS

The Ministry of Education’s inability to come to an agreement with the several striking unions in Ghana’s educational sector has alarmed the nation’s main student organization, the National Union of Ghana Students (NUGS). The continuous strikes by the teacher and worker unions, according to NUGS, have “nearly brought tertiary education …

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S&P Global downgrades Ghana from CCC+ to CC

S&P Global stated in a statement on Tuesday that default is now a “virtual certainty” and downgraded Ghana’s long-term local currency bonds to “selective default” in addition to lowering the country’s foreign currency debt to “CC” from “CCC+.” The downgrading of the foreign currency bonds comes in response to the …

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Eden Hazard makes a global retirement announcement

At the age of 31, Belgium’s playmaker Eden Hazard announced his retirement from international competition. At the age of 17, Hazard, an offensive midfielder or winger, made his Belgium debut. He went on to earn 126 caps and score 33 goals. After Belgium was eliminated from the World Cup in …

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