POLITICS

Homowo is a beautiful festival – Bawumia

When the vice president joined the chiefs and residents of Ga Mashie (British Accra) to celebrate the Homowo festival yesterday, Dr. Mahamudu Bawumia was astonished by what he saw. He was truly enthralled as he saw throngs of people swarm the streets of Jamestown and the other towns to take …

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William Ruto wins Kenyan presidential election

In tense conditions, Kenya’s presidential election saw Deputy President William Ruto declared the victor. According to the official findings, he won by just 0.5% of the vote over his rival, Raila Odinga.Due to arguments and claims of vote fraud by Mr. Odinga’s campaign, the declaration was delayed. The Independent Electoral …

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Ghana’s inflation hits 31.7% in July

Between January and July, the value of the Ghanaian cedi fell by almost 30% as the government struggled to raise money on the international capital market. The data show that while non-food inflation was 31.3%, food inflation increased once more to 32.3%. The impact of the main factors on the …

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Fitch downgrades Ghana to ‘CCC’ from ‘B- ‘

The rating company Fitch has lowered Ghana’s Issuer Default Rating (IDR) for Long-Term Foreign-Currency (LTFC) from “B-” to “CCC.” According to the statement, the downgrade reflects the state of Ghana’s public finances, which have made it difficult for the country to access the Eurobond markets for an extended period of …

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