EU, Member States inject over €800m into Ghana’s infrastructure development

The European Union (EU) and its member states, under the Global Gateway initiative, have committed more than €800 million, approximately GH¢13 billion, to major infrastructure projects across Ghana’s energy, health, and transport sectors, the EU Ambassador to Ghana, Mr. Irchad Razaaly, has announced. The investment includes €55 million to support local vaccine production, €62 million […]

‘Prices will only fall if gains are sustained’ – GUTA boss defends market response

The president of the Ghana Union of Traders’ Associations (GUTA) says the reason prices of goods remain high despite the cedi’s recent gains is that the traders don’t trust that the gains will last. Dr. Joseph Obeng, speaking on JoyNews’ PM Express on Monday, May 12, said traders have been cautious because of what they’ve experienced in […]

Hearts warn supporters against unruly conduct

Accra Hearts of Oak have issued a stern warning to their supporters, urging them to follow proper procedures in addressing concerns about the club’s management, rather than resorting to unlawful actions and intimidation. This comes in the wake of a recent incident in which a group of agitated supporters stormed the club’s office complex, attempting […]

Ras Mubarak warns Sammy Gyamfi’s dollar gift to Agradaa could harm cedi’s stability

Former Kumbungu MP Ras Mubarak has criticised GoldBod CEO Sammy Gyamfi for gifting dollars to evangelist Patricia Asiedua, popularly known as Agradaa, warning that such actions could destabilise the local currency and undermine economic confidence. In a Facebook post, Mubarak argued that Gyamfi’s gesture—captured in a viral video—sends a negative signal about the cedi’s strength, […]

NPP delivers damning verdict on President Mahama’s 120-day social contract

The opposition New Patriotic Party (NPP) has criticised President John Mahama’s 120-day social contract, calling it a failed promise marked by persistent power cuts and worsening economic hardship for ordinary Ghanaians. This comes after President Mahama delivered a national address highlighting what he described as fulfilled commitments under his social contract, a document of 25 […]