Central banks have moved globally to keep credit flowing after an unsettled period in the US banking sector and the Credit Suisse merger. Six central banks, including the Bank of England, announced they would boost the flow of US dollars through the global financial system. On Sunday the struggling Credit Suisse was taken over by UBS in a Swiss government-backed deal. ...
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Top South African corruption investigator shot dead
A South African accountant who was investigating high-level corruption cases has been shot dead along with his son. Cloete Murray, 50, was the liquidator for Bosasa, a company implicated in numerous government contract scandals. He also worked as a liquidator for firms linked to the wealthy Gupta brothers, who deny bribery accusations. Police will see if there is a link ...
Read More »Pensioner bondholders lament govt’s failure to pay matured coupons
The Pensioner Bondholders Forum has expressed disappointment over government’s failure to pay out matured coupons to investors who did not tender their bonds under the Domestic Debt Exchange Programme. This is the second time the government has failed to pay coupons that matured between February 6 and 20. In an interview with Citi News, Dr. Adu Anane Antwi, Convenor of Pensioner ...
Read More »ECOWAS cautions govts in Sub-Saharan Africa against influx of terrorists from Burkina Faso
The Economic Community of West African States (ECOWAS) Commission is cautioning of an influx of terrorists from Burkina Faso if governments in the sub-region of Africa do not show political will in tackling cross-border terrorism. Speaking exclusively to TV3’s Komla Klutse in Abuja Nigeria, Commissioner for Political, Peace and Security, Abdel Fatau-Musah said although governments are putting in place measures to fight ...
Read More »UN expert calls for ‘new philosophy’ to better serve persons with disabilities
A “new philosophy” and broader approaches can transform services for persons with disabilities, a UN-appointed independent expert told the Human Rights Council on Monday. In his latest report to the Council, the UN Special Rapporteur on the rights of persons with disabilities, Gerard Quinn, outlined how more inclusive policy approaches and innovative private sector involvement can spur progress. “States and societies at large ...
Read More »Lowest paid teacher takes home GH¢434 every month
Teachers and staff at the Ghana Education Service have witnessed an increment in their basic pay, after the 30 percent increase in the Single Spine Salary Structure for public sector workers. This increment took effect from January 1, 2023, and also includes a 15 percent market premium which the government has also agreed to for all teachers and other public ...
Read More »Don’t vote for a hung Parliament again – Osei-Owusu tells Ghanaians
The First Deputy Speaker of Parliament, Joseph Osei-Owusu, has urged Ghanaians never to vote for another hung Parliament in the future. The Bekwai MP believes the situation has made the current legislature less efficient as compared to the seventh Parliament. He wants Ghanaians to vote massively for either the NPP or NDC in the 2024 general elections to give one ...
Read More »Less consumption of salt can save lives, WHO says in new report
Implementing sodium reduction policies could save an estimated seven million lives globally by 2030, WHO said in a new report launched on Thursday. “Unhealthy diets are a leading cause of death and disease globally, and excessive sodium intake is one of the main culprits,” the World Health Organization’s (WHO) Director-General Tedros Adhanom Ghebreyesus declared. A first-of-its-kind WHO global report on sodium intake reduction shows that the ...
Read More »Full text: President Akufo-Addo’s 2023 SONA speech delivered to Parliament
Mr Speaker, I am glad to be here in this august House to perform, once again, one of the most pleasant duties on the calendar of the President of the Republic, that is, to give Honourable Members and the Ghanaian people a Message on the State of the Nation, in fulfilment of article 67 of the Constitution. In accordance with ...
Read More »CSOs save Ghana millions of dollars as AGM relinquishes oil project – ACEP
The African Center for Energy Policy (ACEP) says Aker’s AGM decision to relinquish 80% interest in the South Deepwater Tano (SDWT) project shows how Ghanaian Civil Society Organisations (CSOs) fought to protect the country’s interest in the oil industry. AGM Petroleum announced that it has relinquished work on the project after what it described as careful consideration of all options. ...
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