GENERAL NEWS

ACEP cautions ECG over current revenue mobilisation effort

The Executive Director of the Africa Center for Energy Policy (ACEP) Benjamin Baoakye has told the management of the electricity Company of Ghana (ECG) to find the balance in retrieving the debt owed to the company by institutions while at the same time not creating a disincentive for power consumption. …

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ECG’s equipment are obsolete, mgt must work to replace them – Kwabena Donkor

Former Minister of Power, Dr Kwebana Donkor has indicated that the Electricity Company of Ghana (ECG) has been running on old equipment. The Member of Parliament for Pru East said that the company cannot make a profit while running on obsolete equipment.. Speaking on the Ghana Tonight Show on TV3 …

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Fitch upgrades Ghana’s long-term local-currency IDR to ‘CCC’

Fitch Ratings has upgraded Ghana’s Long-Term (LT) Local-Currency (LC) Issuer Default Rating (IDR) to ‘CCC’ from ‘RD’. The issue ratings on local-currency bonds issued domestically that have not matured yet have also been upgraded to ‘CCC’ from ‘D’. Fitch has affirmed Ghana’s Long-Term Foreign-Currency (FC) IDR at ‘RD’. Fitch typically …

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Producer Price Inflation for February 2023 was 50.8% – GSS

The Producer Price Index (PPI) rate for February 2023 was 50.8 percent, the Ghana Statistical Service (GSS) has announced on Wednesday, March 22. This rate indicates that between February 2022 and February 2023 (year-on-year), the PPI increased by 50.8 percent, representing a 1.7 percentage point decrease in producer inflation relative …

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A/R: Kejetia Market reopens for trading after fire outbreak

As announced by Vice President Dr Mahamudu Bawumia, the Kejetia Market has been opened for trading activities today Tuesday, March 21. The gate of the facility opened around 5:45AM, TV3’s Ibrahim Abubakar reported. Ibrahim further reported that the resumption of market activities has come as a relief to traders who …

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YAW KODOM WANTED BY POLICE AND AKUMA TRADITIONAL AUTHORITIES FOR ENGAGING IN HOMOSEXUAL ACTIVITY

Yaw Kodom, a subject and a royal of the Akuma traditional council is on the run after he was caught having sexual intercourse with his fellow man at the chief’s palace in Akuma. The chiefs and opinion leaders in the community held a press conference and explained as follows: PRESS …

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YAW KODOM WANTED BY POLICE AND AKUMA TRADITIONAL AUTHORITIES FOR ENGAGING IN HOMOSEXUAL ACTIVITY

Yaw Kodom, a subject and a royal of the Akuma traditional council is on the run after he was caught having sexual intercourse with his fellow man at the chief’s palace in Akuma. The chiefs and opinion leaders in the community held a press conference and explained as follows: PRESS …

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2024 is for you – Traders hail Bawumia at Kumasi Central Market

Traders occupying the various stalls at the ultra-modern Kejetia market have hailed Vice President Dr. Mahamudu Bawumia. ,declaring him as the next leader of Ghana in 2024. The market queen of yam sellers made this declaration when Vice President Bawumia visited the market on Monday, 20th March to have first …

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Kejetia market to resume operation Tuesday after Bawumia’s intervention March 20, 2023

The Kumasi Kejetia Market Complex will be reopened to traders from Tuesday, March 21 following an intervention by Vice President Dr Mahamudu Bawumia. The Vice President was at the facility to inspect the extent of damage caused by last Wednesday’s fire. The fire led to a decision by the management …

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