The government has reached an interim deal with international bondholders to restructure $13 billion of international bonds, the Ministry of Finance has said. In a post on X, the Ministry stated that the deal must still be “tweaked” to meet the International Monetary Fund debt sustainability target. The Ministry said it would regroup to continue […]
The Minister of Foreign Affairs and Regional Integration, Shirley Ayorkor Botchwey has initimated that staff of Ghana’s foreign missions must be recognised for the invaluable roles they play in the nation’s development. She said whiles officials from various ministries enter into bilateral agreements on behalf of the government, most of the work abroad are facilitated […]
French President Emmanuel Macron said Monday that world donors have pledged $2.1 billion to help relieve the humanitarian crisis in war-ravaged Sudan. Macron spoke in Paris at the end of an international conference designed to drum up financial support for a severely underfunded aid effort. U.N. Secretary-General Antonio Guterres urged the world not to forget […]
The long-standing diplomatic and bilateral ties between Ghana and Ukraine have been bolstered with the opening of the Embassy of Ukraine in Accra. Ghana and Ukraine have a rich history dating back to August 1992, shortly after Ukraine gained independence. The first president of Ghana, Dr Kwame Nkrumah visited Ukraine twice when it was part […]
Donald Trump will set foot in a New York courthouse on Monday and become the first former US president to stand trial in a criminal case. He is accused of falsifying his business records to disguise a hush-money payment made to Stormy Daniels, a former adult film star, shortly before the 2016 election. Mr Trump, […]
The United Kingdom (UK) has returned dozens of artefacts looted from the Asantehene’s Kumasi Palace in Ghana, more than 150 years after they were taken. Some 32 gold and silver items have arrived in Ghana on a long-term loan to the Asantehene by the Victoria & Albert Museum (V&A) and the British Museum. They were […]
Germany will provide a further 244 million euros ($260 million) in humanitarian aid to war-torn Sudan, Foreign Minister Annalena Baerbock said on Monday as European diplomts met in Paris to mark the first anniversary of the devastating conflict. “We can manage together to avoid a terrible famine catastrophe, but only if we get active together […]
Ghana’s inflation of 25.8% is the 6th highest in Sub-Saharan Africa, according to the April 2024 World Bank Africa Pulse report. Zimbabwe, Sierra Leone, Malawi, Nigeria and Ethiopia came 1st, 2nd, 3rd, 4th and 5th respectively in Sub-Saharan Africa. The report revealed that food inflation (29.6%) was higher than headline inflation (25.8%). Inflation is an […]
Qatar Charity, a non-governmental organisation, has inaugurated the newly constructed Hayaat Senior High School (SHS) in the Oyibi Saasabi Akuapem Obosomase area in the Eastern Region. The inauguration was done in collaboration with education stakeholders, chiefs, an envoy from Qatar, and members of the organisation. The Hayaat SHS boasts of 10 classrooms, a library, three offices, […]
Former President Jacob Zuma appeared at Johannesburg’s High Court on Thursday (Apr. 11), as a part of his private prosecution bid against President Cyril Ramaphosa Zuma accuses his successor of failing to act against a prosecutor and a journalist whom, Zuma alleges, disclosed his medical records in violation of prosecution rules. “Having heard council from […]
