The world faces a recession in 2023 higher borrowing costs aimed at tackling inflation cause a number of economies to contract, according to the Centre for Economics and Business Research. The global economy surpassed $100 trillion for the first time in 2022 but will stall in 2023 as policy makers continue their fight against soaring prices, the British consultancy said ...
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Ahwerease- Darmang gets New Central Mosque
The Muslim Communities of Ahwerease –Darmang, Noka, Annoff, Kwesi Tenteng, Mason Lane, Yaw Krow, Duayeden, and its surrounding areas in the Nsawam -Adoagyiri Municipality of the Eastern Region have been handed a new Central Mosque for their congregational prayer and other Islam-related activities. The modern-day Mosque, dubbed, Masjid Sa’ad Bin Muaz was constructed under the auspices of Rahma International Society ...
Read More »Fitch to downgrade Ghana to very deep junk status; Country’s Issuer Default Rating now ‘C’
Rating agency, Fitch, has given an indication of a further downgrade of Ghana’s credit rating to very deeper junk status. This is coming after it downgraded Ghana’s Long-Term Foreign-Currency (LTFC) Issuer Default Rating (IDR) to ‘C’ on December 21, 2022 from ‘CC’ as well as the issue ratings on outstanding foreign-currency debt. It has also downgraded the issue rating on ...
Read More »GFD, Sightsavers urge Ghana to ratify Africa Disability Protocol
A clarion call has been made to the government of Ghana to as a matter of importance ratify the African Disability Protocol (ADP) to concretize the rights of Persons with Disability in Ghana and the continent as a whole. The proponents, Ghana Federation of Disability Organizations (GFD) and Sightsavers believe that the ratification of the ADP has the potential ...
Read More »Guterres announces ‘no nonsense’ climate action summit; calls for practical solutions
The UN chief said on Monday he was determined to make 2023 “a year for peace” and a “year for action”, highlighting the need for practical solutions to a raft of pressing problems facing all regions of the world. “We owe it to people to find solutions, to fight back, and to act”, said Secretary-General António Guterres. “At times, discreetly but always with ...
Read More »Organised Labour declares strike over Debt Exchange Programme
Organised Labour has declared an indefinite strike from Tuesday, December 27. This follows what leaders say is the government’s refusal to listen to their “advice” on the Domestic Debt Exchange Programme. According to Labour’s spokesperson Dr Anthony Yaw Baah, who is also the Secretary General of the Ghana Trades Union Congress (TUC), the government seems to have turned a deaf ear to ...
Read More »GRA recovers $93m from ‘tax evading’ companies
The Ghana Revenue Authority has recovered in excess of $93 million and an additional GH¢421 million from multinational and local companies operating in the country through its informants’ reward scheme. These were hitherto taxes that the State could have lost as a result of the firms’ unwillingness to pay until the intervention of these informants who used the Informant Application ...
Read More »MindFreedom Ghana inaugurates Community Support Network at Nsawam
MindFreedom Ghana, a Mental Health Advocacy organization has set in motion a Community Support Network for persons with mental health conditions and their caregivers at Nsawam in the East Region The network, which comprises persons with mental health disorders and their caregivers, mental health nurses, Assembly members, social welfare officers, and some community members is meant to bring together to ...
Read More »Newmont Ahafo Mine Recognised for Spearheading Agricultural Development in Ahafo
The Ahafo Regional Coordinating Council and Asutifi North District Assembly have commended Newmont Africa’s Ahafo Mine for their immeasurable contribution to the stability, growth and progress of Agriculture in Ghana, especially in the Asutifi North District, even in the face of challenges. This was captured in a citation presented to Newmont Ahafo during the 38th Farmers’ Day Celebration at Gyedu, ...
Read More »First Batch Of Zoom Riders Pass Out
The first batch of Zoom Riders who will assist in the efficient collection of waste across the country have passed out. The passing out ceremony, held at Burma Camp, Accra on Friday, December 9, 2022, attracted the management of Zoomlion and senior officers of the Ghana Armed Forces. The riders were taken through various drills. The training, which took place ...
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