Category: News

Accra: Dr. Johnson Asiama, Governor of the Bank of Ghana, has urged members of the Monetary Policy Committee (MPC) to closely consider a potential shift in inflation expectations as they commenced their meeting. He emphasised the importance of maintaining a strong focus on forward-looking risks, policy trade-offs, and providing credible guidance to the market. According to Ghana News Agency, addressing the committee at Bank Square in Accra, Dr. Asiama highlighted the significant progress Ghana had made in achieving economic recovery and stability. These advancements, he noted, included a strengthening disinflation process, with headline inflation declining for six consecutive months to

Kuala lumpur: Following the escalation in the border conflict between Thailand and Cambodia, the prime ministers of both countries are set to travel to Malaysia for talks on Monday. The spokesman for the Thai Foreign Ministry, Nikorndej Balankura, confirmed the talks to journalists, without providing details. According to Ghana News Agency, it was initially unclear whether Cambodian Prime Minister Hun Manet and Thailand’s interim Prime Minister Phumtham Wechayachai would meet in person. The clashes concern a decades-old border dispute between the two neighbours. However, what exactly triggered the escalation remains unclear. Malaysia holds the chair of the Association of South-East

Ashaiman: Nii Annan Adjor II, the Ashaiman regent, has raised concerns about the increasing pollution of the Ashaiman irrigation dam reservoir caused by encroachers on the scheme’s farmlands. He highlighted that individuals have constructed buildings close to the reservoir and discharged waste water into it, posing health risks to the community. According to Ghana News Agency, Nii Adjor addressed these concerns during a groundbreaking ceremony by the Ministry of Food and Agriculture, in collaboration with the Korea International Cooperation Agency (KOICA), for the rehabilitation of the scheme. He questioned the feasibility of Ashaiman feeding the nation when the dam meant

Accra: Vice President Professor Naana Jane Opoku-Agyemang has called on the Social Security and National Insurance Trust (SSNIT) to extend pension coverage to informal sector workers and the self-employed. Speaking at the launch of the 60th Anniversary Celebration of the inception of a national social security scheme in Ghana, the Vice President commended stakeholders for its transformation from a provident fund, in 1965, into a three-tier pension scheme. She urged management and staff to do more to ensure inclusivity. According to Ghana News Agency, the Vice President noted that the real effectiveness of Ghana’s social security system would be measured

Accra: The government, through multiple communications with the Ministry of Trade, Agribusiness and Industry, as well as the National Development Planning Commission, has officially adopted the Global Infrastructure and Trade Finance Initiative Council’s (GITFiC) Agenda 2031. This agenda encompasses the Global Debt Initiative and the African Continental Free Trade Area (AfCFTA) Implementation Support Initiatives. According to Ghana News Agency, a statement issued in Accra revealed plans for establishing a Technical Working Committee. This committee is set to be chaired by Mr. Selasi Koffi Ackom, CEO of GITFIC. The committee will consist of six members from various Ministries, Departments, and Agencies

Jerusalem: Against the backdrop of a looming hunger crisis in the Gaza Strip, large-scale aid deliveries reached the besieged and embattled coastal area for the first time in months on Sunday. A convoy of some 100 lorries carrying goods for the suffering population entered the Gaza Strip via the Kerem Shalom border crossing, according to sources in the Palestinian territory. According to Ghana News Agency, a few hours earlier, the Israeli military announced that it would observe a daily self-declared ‘tactical pause in military activity for humanitarian purposes’ in parts of the Gaza Strip from 10 am to 8 pm

Accra: Members of Parliament (MPs) on Monday paid glowing tributes to Charles Kwadwo Fosu, known by his stage name Daddy Lumba, for his significant contributions to Ghana’s music industry. The legislators appealed to the government to provide the music legend with a befitting state funeral. According to Ghana News Agency, the lawmakers suggested establishing a music museum in his honor to immortalize his musical works. They described him as a trailblazer of Ghanaian highlife music, hailing him as a “beacon of creativity and wisdom.” In a joint statement on the floor of Parliament, Mr. Akwasi Konadu, the Member of Parliament