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Ghana obtains $500m debt repayment freeze from World Bank
President Nana Addo Dankwa Akufo-Addo has announced that Ghana has obtained a $500-million dollar freeze in debt and interest repayment for the rest of this year from the World Bank.
The move is part of a broader pan-african effort for…
Ghana partial lockdown lifted as country records over 1000 confirmed COVID-19 cases
The President of Ghana has announced the lifting of partial lockdown of the Greater Accra Metropolitan Area and Kasoa, and the Greater Kumasi Metropolitan Area and its contiguous districts. In a televised address to the nation Sunday…
German infection rate stays low as states prepare to ease lockdown
Germany's death toll from the coronavirus crept up towards 4,300 on Sunday, as states prepared to loosen some of their anti-coronavirus measures.
dpa's tally showed that there were now over 4,289 deaths and 140,000 people confirmed to…
Ghana Parliament approves $1b IMF COVID-19 loan
Parliament on Friday evening approved $1 billion credit facility to mitigate the impact of the COVID-19 pandemic.
The facility, titled “Rapid Credit Facility (RCF) Agreement” is between the Government of Ghana, represented by the…
Ghana confirmed COVID-19 cases shoot up to 834
This afternoon, Saturday April 18, 2020 when the Ghana Health Service released latest figures of confirmed COVID-19 cases in the country, it went from 641 since the last update to 834.
The Service however say, the jump in the numbers is…
Coronavirus hits VW sales, affects Ghana plant launch
The dwindling demand for cars and the massive production bottlenecks caused by the coronavirus crisis has hit German automotive giant Volkswagen hard in the first quarter.
VW which has announced a car assembly plant in Ghana, was…
Ghana inflation rate for March closes flat at 7.8%
The year-on year inflation was unchanged at 7.8 percent in March, the Ghana Statistical Service said on Wednesday.
Announcing the rate via Facebook, Government Statistician, Professor Samuel Kobina Annim said March’s rate continued the…
Research centres in Ghana prepare to join global efforts for COVID-19 solutions
As the global search for answers to the COVID-19 pandemic intensifies, research centres under the Ghana Health Service (GHS) are in the process of responding to some international calls for scientific research and projects.
Dr. Kwaku…
TOR MD, Asante Berko charged with violation of US anti-corruption law
The Managing Director of the Tema Oil Refinery (TOR), Asante K. Berko has been charged under the United States Foreign Corrupt Practices Act (FCPA).
In a press release issued Monday April 13, 2020, the Securities and Exchange…
IMF Board approves $1b COVID-19 loan for Ghana as GDP projected to fall to 1.5%
As the COVID-19 pandemic severely impacts Ghana’s economy, among others, slowing growth to projected 1.5 per cent, and putting the exchange rate under pressure, the Executive Board of the International Monetary Fund (IMF) has on April 13,…