Gh News

In its 2023 Country Report on Ghana, the UK-based Economist Intelligence Unit (EIU) has predicted a 30% depreciation of the cedi to the dollar, which is lower than the estimated 44% depreciation of the local currency in 2022 but still a significant decline from current levels. “We now expect the currency …

The Police have arrested two suspects in connection with some alleged stolen rail tracks and steel sleepers believed to belong to the Ghana Railway Development Authority which has gone viral on social media. The suspects, Ibrahim John and Bashiru Ibrahim, were apprehended while transporting the items to the yard of …

President Akufo-Addo has assured organised labour that its members’ pension funds are safe as the government continues its Domestic Debt Exchange Programme (DDEP) in order to secure an IMF deal. Speaking at the 2023 International Labour Day parade, he stated that the government is aware of the Program’s impact on …

Speaker of Parliament, Alban Sumana Kingsford Bagbin has stated that the veiled threats of withdrawing investments and international aid have not deterred Africa’s efforts to safeguard its culture, values, and societal norms, as well as the future of its youth. According to a statement issued by the Public Affairs Directorate …

Speaking at the 2023 May Day celebration parade in Bolgatanga, Dr. Anthony Yaw Baah, General Secretary of the Trades Union Congress, has called on the government to cut all non-essential government spending such as the National Cathedral. The current economic downturn, according to the TUC, can be improved if the …

Lemonade Finance presents Dr Likee in “Wo bεka nukrε”   Lemonade Finance is a cross-border payment solution that enables Africans in the Diaspora to send money to Ghana and other African countries. The App is available on the iOS and Google Play Store.   On October 14th, 2022, Lemonade Finance …

Food and Drugs Authority (FDA)’s Director of Legal says they cannot demand compensation for victims of the alleged food poisoning at Marwako’s East Legon branch. Joseph Bennie said the Authority has no mandate to pressure for amends in cash from the eatery to the affected persons. In an interview with …

The Institute of Statistical Social and Economic Research (ISSER) wants the government to reduce the rate of the controversial electronic transfer levy. According to ISSER, the government must consider a downward adjustment between 0.5% and 0.75% adding that the 1.5% on all electronic transfers is punitive. The Director of the …

Some parts of Accra got flooded Saturday morning following a brief downpour. Areas such as Kaneshie First Light, Abbosey Okai and Adabraka Sahara, Dansoman, and Odorkor were affected by the floods. The situation resulted in heavy vehicular traffic in different parts of Accra. Motorists were left with no choice but …

Transport unions in the country have vowed to increase transport fares. This follows President Akufo-Addo’s outright rejection of suggestions to scrap taxes on petroleum products explaining that it will cost the nation ¢4 billion for that to happen. The Ghana Private Road Transport Union (GPRTU) and the Concerned Drivers Association …