Category: News

Ashanti Peace Council Condemns Asawase Killings, Urges Calm and Cooperation

Accra: The Ashanti Regional Peace Council has condemned the targeted killings in Asawase that claimed the lives of Abdul Malik Azenbe and three others. According to Ghana News Agency, the Ashanti Regional Peace Council has strongly condemned the recent targeted killings in Asawase which claimed the lives of Abdul Malik Azenbe, chief linguist of the Kumasi Kusasi headman and a sub-chief of the Kusaasi Traditional Council, along with three others. In a press statement issued on Monday and signed by its Regional Chairperson, Dr. Harriet Takyi, the Council extended heartfelt condolences to the bereaved families and lauded the Ghana Police

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Reduce the MPC Rate to Ease Cost of Borrowing, Stimulate Business Growth

Accra: The Ghana National Chamber of Commerce and Industry (GNCCI) is urging the Bank of Ghana (BoG) to consider a downward revision of the Monetary Policy Rate in its upcoming 125th Monetary Policy Committee meeting. The recommendation was informed by recent conducive macroeconomic developments that signal easing the tight monetary conditions to support private sector growth. According to Ghana News Agency, a statement issued in Accra and signed by Mr. Stephane Miezan, President of GNCCI, said the Chamber has taken note of the favorable macroeconomic trajectory. This includes a consistent decline in headline inflation from 23.8 percent in December 2024

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Bank of Ghana Governor Urges MPC to Consider Shift in Inflation

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

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Talks Planned in Malaysia to Defuse Thailand-Cambodia Conflict

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

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Encroachers Polluting Ashaiman Irrigation Dam Reservoir: Nii Adjor

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

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Ghana’s Social Security @ 60: Vice President Urges Broader Coverage for Informal Sector

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

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Government Embraces GITFiC’s Agenda 2031 Policy

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

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