IMF’s $600 million hits Bank of Ghana’s account
Ghana has received an amount of $600 million from the International Monetary Fund (IMF), being the first tranche of the $3 billion bailout package. “Yes that’s the confirmation I have. As we have mentioned, there are supposed to be 7 different disbursements, the first being the $600 million received on the back of conclusion of […]
Bank of Ghana Act to be revised under IMF programme
Ghana’s International Monetary Fund (IMF) programme will among other things revise the Bank of Ghana Act in a bid to strengthen the central bank’s independence and mitigate fiscal dominance. The amendments to the BoG Act will feature a stricter limit for monetary financing, mechanisms to monitor and enforce compliance, and a clear definition of emergency […]
Cases of stillbirths on the rise at Begoro
By Michael Kofi Kenetey The Fanteakwa North District Health Directorate has revealed that stillbirths in the district have increased by 26 percent in the first quarter of 2023. The directorate lamented their worry about the situation. According to the directorate, nine cases of stillbirths have been recorded between January and April this year, with the […]
Journalists to focus on urban health reporting
By Gloria Edinam Afful The Executive Director of Women, Media and Change, WOMEC, Dr. Charity Binka, has urged journalists to take a keen interest in urban health reporting so as to educate the public and bring to their attention health issues of concern for proper redress. In an interview with a GBC News reporter, Dr. […]
Fire Service tests fire outbreak contingency plan on NCA building in Ho
By Elorm Yao Aryee The Volta Regional Command of the Ghana National Fire Service (GNFS) has demonstrated its preparedness to respond to emergency situations pertaining to fire outbreaks on storey buildings in the region. Several high-rise buildings are springing up in Ho the regional capital in particular, which has seen massive transformations in infrastructural development […]
A/R: Finance Ministry defends financial sector clean-up exercise
The Ministry of Finance says the Financial Sector Clean up Exercise by government was necessary to restore confidence in the economy. It was also very important to protect innocent clients from losing their investments. The Head, the Banking and Non-Banking Unit at the Ministry of Finance, Mr. Andy Amerckson was speaking at a forum to […]
Ed Sheeran, Adele and Harry Styles among richest Britons under 35
Ed Sheeran, Adele and Harry Styles are among the UK’s richest people under the age of 35, according to the Sunday Times Rich List. The musicians all have an estimated wealth of more than £150m after successes in the UK and US. But they are not quite moneyed enough to make the main Rich List […]
Tamale: Several people injured in renewed chieftaincy clashes at Yong Dakpenyili
By: Murtala Issah Renewed chieftaincy clashes at Yong Dakpemyili in the Tamale Metropolis of the Northern Region, last night, left several persons injured and heightened insecurity among residents of the community. A source within the Regional Police Command, confirmed the incident to GBC NEWS in Tamale, and revealed that sophisticated weapons were used in the […]
GPRTU appeals to passengers to pay old fares till Monday, May 22
The Ghana Private Road Transport Union, GPRTU, is asking passengers to continue paying the old fare until Monday, May 22, 2023. The Union in a statement earlier in the week, announced a 10% reduction in transports fares effective last Wednesday. Our checks however reveal, that drivers have refused to reduce the fare leading to confrontation […]
John Mahama expected in Kumawu today
The Presidential Candidate of the National Democratic Congress (NDC), John Dramani Mahama, is leading a delegation to the Kumawu Constituency to campaign for the party’s parliamentary candidate in the upcoming by-election. Slated for May 23, 2023, the by-election follows the death of the Member of Parliament (MP) for the constituency who will be buried on […]
