The Impact of the Cedi’s Depreciation on Businesses in Ghana has faced significant challenges over the past few years, one of the most concerning being the sharp decline in the value of the cedi. As of today, the exchange rate stands at 16.55 cedis to 1 US dollar, a stark indication of the cedi’s depreciation….
The 2nd Deputy Governor of the Bank of Ghana, Elsie Addo Awadzi, has called on Rural and Community Banks (RCBs) to leverage technology and digitalisation in their operations to strengthen their position in Ghana’s national financial inclusion agenda. Speaking at the 23rd Annual CEOs Conference of RCBs in Ho, Volta Region, Ms. Awadzi highlighted the…
Physician and political activist, Dr. Arthur Kennedy, has voiced strong criticism against Ghana’s major political parties, accusing them of lacking the commitment to address the country’s illegal mining crisis, commonly known as galamsey. Speaking during an interview on Joy News on Saturday, October 19, 2024, Dr. Kennedy argued that vested political interests are hindering efforts…
The Public Services Workers’ Union (PSWU) of the Trades Union Congress (TUC) has announced an indefinite strike set to commence on Monday, October 21, 2024. This decision follows a series of unresolved negotiations with the Fair Wages and Salaries Commission (FWSC) concerning demands for Institution-Specific Allowances for PSWU member organizations. In a press release dated…
Bishop Salifu Amoako, leader of Alive Chapel International and father of the 16-year-old boy involved in a tragic car accident that claimed the lives of two young girls in East Legon on October 12, 2024, has publicly condemned the actions of some of his church members. These individuals reportedly assaulted a journalist from the EIB…
In a statement dated Saturday, October 19, 2024, the Office of the Kwahumanhene has refuted circulating claims suggesting the destoolment of the paramount chief, Daasebre Akuamoah Agyapong II. Signed by Nana J.K. Boadi, the statement described the video footage claiming to depict a destoolment process as “false” and an affront to both legal standards and…
The kingmakers of Kwawu Abene in the Kwawu East District of the Eastern Region have unanimously destooled Kwahuhene, Daasebre Akuamoah Agyepong II, following allegations of extortion. The destoolment ceremony took place on Saturday, October 19, 2024, at the Kwahu Palace in Abene, where traditional rites were performed to officially remove him from his position. The…
UK Deports 44 Ghanaians and Nigerians in a Single Flight Amid Immigration Crackdown The UK Home Office confirmed on Friday that 44 Ghanaians and Nigerians were deported to their home countries on a single flight, as part of the government’s heightened immigration enforcement efforts. This action is part of a “major surge” in deportations and…
Ghanaian actress Jackie Appiah has taken to Instagram to pay tribute to the late Nollywood actor Junior Pope in a touching post that underscores the importance of cherishing life beyond mere survival. The shocking news of Junior Pope’s passing on Wednesday, April 10, 2024, reverberated throughout the entertainment industry, evoking an outpouring of sorrow from…
Starting today, April 11, 2023, commuters will notice changes in fare prices across various routes. Notably, the fare from Takoradi to Kwei-Kuma has seen an increase from GH₵6.00 to GH₵7.20 pesewas. Likewise, the journey from Takoradi to Accra now stands at GH₵78, up from GH₵65. In a parallel adjustment, the fare from Agona-Nkwanta to Akwaada…
