Cabinet grants approval for Homebase carrier

President Akufo-Addo has disclosed that Cabinet has granted approval for the establishment of a National Flag Carrier, Home Based Airline with a strategic partner participation. The Kotoka International airport has been renovated and expanded to include a new terminal following its potential for air passenger traffic growth. The country’s location gives it a strategic advantage […]

Bank of Ghana increases Special Drawing Rights holdings with IMF by 300 percent

Bank of Ghana bans 292 individuals & businesses from issuing cheques for three years

The Bank of Ghana’s Special Drawing Rights (SDR), holdings with the International Monetary Fund (IMF) stood at ¢242.39 million at the end of November 2020 and ¢76.18 million in 2019. This represents a 318 percentage points increase on a year-on-year basis. SDRs are supplementary foreign exchange reserve assets defined and maintained by the IMF. SDRs […]

Ghana commences process for $5 billion 2021 ICM funding programme

Government through the Ministry of Finance has commenced processes for the 2021 International Capital Market, ICM Funding Programme. The five billion Dollar funding under the programme, when finalised, will be used to support growth-oriented expenditures in the 2021 budget and to conduct liability management of both domestic bonds and Eurobonds. In a statement, the Ministry […]

Ghana FA revokes licences of two league venues

The Club Licensing Board of the Ghana Football Association (GFA) acting in its capacity as the first instant body of the Club Licensing process has revoked the licences of Berekum Chelsea and Elmina Sharks FC. The two clubs have been barred from using their match venues, the Golden City Park and the Ndoum Sports Stadium. […]

Revolutionary Japanese invention allows men to breastfeed their babies

Japanese invented something very practical. They provided the men with a breastfeeding tool, which will ease mothers’ work significantly. The company Dentsu is the creator of the “Father’s Nursing Assistant.” The latest innovation allows the fathers to carry milk and feed the baby from an artificial nipple when mom cannot do it. They have to […]

Government urged to focus on creating enabling environment for businesses to thrive

A Labour Expert, Austin Gamey, says the pronouncement by President Akufo-Addo in the State of the Nation Address that government ensured job security for Public sector workers against the impact of COVID-19 pandemic is in order. He said government’s focus going forward should be to create an enabling environment for businesses in both the Public […]

President Akufo-Addo’s address does not reflect true state of the nation- CPP

Utility tariff increases: Absorb difference - CPP to government

The Convention Peoples Party, CPP says President Akuffo Addo’s address yesterday on the State of the Nation, does not reflect the true state of affairs in the country. It says the first address by the President in his second term, was a repetition and recycled unfulfilled campaign promises, adding that most Ghanaians are unable to […]

Pass Affirmative Action Bill to engender more women empowerment – TUC

The Trades Union Congress (Ghana), TUC, has congratulated all working women across the world, especially for their immense contributions towards helping to build a more equitable and just society. In a statement, the TUC said International Women’s Day is in recognition of the role women are playing in the fight against the COVID-19 pandemic. It […]

Family of 25 dies after Mozambique ‘wild-plant meal’

Twenty-five people belonging to the same family were among 35 people who died in Mozambique’s northern Muecate district after reportedly eating wild plants and fruits, the authorities say. Local officials say instances of people eating wild fruits, tubers and even wild grass have recently been reported in the region. According to a report on state […]

Libyan parliament approves unity government

The Libyan parliament has approved the government of national unity presented by the new interim prime minister, Abdul Hamid Mohammed Dbeibah. The vote took place at a rare session of the parliament in the city of Sirte. The unity government is the latest stage in a UN-backed plan that is aimed at trying to resolve […]