The Monetary Policy rate of Bank of Ghana (BoG) has accelerated by 150 basis to 29.5 percent according to the governor of the Central Bank, Dr Ernest Addison.[ads2] The increment was done by the Monetary Policy Committee of the Central Bank and it signals the rate at which it will lend to commercial banks. This will also influence the average rate on loans to individuals and businesses.[ads3] “This will be critical in resetting the economy on the path of recovery and sustaining growth. Headline inflation has declined marginally for two consecutive times but continues to remain relatively high compared to…
Author: Wilhelmina Antonniette Bartels
After four years of court injunctions, the Musician Union of Ghana (MUSIGA) has finally announced date for its elections.[ads2] A press release from the National Executive Committee of the Union indicate that the elections will be held on August 8, 2023. According to the acting President of the Union, Bessa Simons, the NEC of the union had met in a crunch emergency meeting to review and approve the proposed blueprint by the election committee.[ads3] “According to the roadmap, the voters register has been opened from March 20 to April 3, 2023. This is to allow members to check their status…
Samuel Okudzeto Ablakwa, the Member of Parliament for North Tongu has slammed some of his colleagues at the National Democratic Congress (NDC) caucus who voted in support of President Akufo-ministerial Addo’s candidates despite the party’s position.[ads2] Taking to his Facebook page to express his disappointment, Ablakwa said, “The NDC Caucus in Parliament certainly owe the Ghanaian people an unqualified apology. We are deeply sorry. The traitors should have mustered courage and exhibited a modicum of sincerity during our numerous strategy sessions by informing us that they disagreed with our fundamental objection to President Akufo-Addo’s misguided penchant for an obscenely bloated…
Ghanaian champions, Asante Kotoko have mutually terminated the contract of head coach Seydou Zerbo.[ads2] Kotoko have parted ways with the Burkinabe trainer after barely seven months of his appointment. A statement from the club reads, “Asante Kotoko SC and Coach Seydou Zerbo have this morning mutually agreed to part ways. “[ads3] Assistant coach, Abdul Gazale has been tasked to take over the club on the interim until a substantive coach is appointed. https://twitter.com/AsanteKotoko_SC/status/1640304397572792322?t=j9Noe5y4X2CHWmxZ7IeaFg&s=19 Seydou Zerbo joined Asante Kotoko in August, 2022 to replace Prosper Narteh Ogum who guided the club to the Ghana Premier League trophy a year before his…
Following the absence of Alexander Djiku and Mohammed Salisu, the head coach of the Black Stars, Chris Hughton has handed a late call-up to Nicholas Opoku.[ads2] The Amiens SC defender has received an emergency call-up to the Black Stars to face Angola in the 2023 AFCON qualifiers at the Estadio 11 de Novembro in Luanda on Monday, March 27, 2023. Ghana leads the group E table with seven points after beating Angola by 1:0 in Kumasi last Thursday with AFC Bournemouth striker Antoine Semenyo scoring the only goal.[ads3] And Opoku who has played 25 matches for Amiens in all competitions,…
It took Ghana the dying embers of the game to manage a slim victory over Angola at the Baba Yara Sports Stadium in Kumasi on Thursday evening kind courtesy a strike from Antoine Semenyo.[ads2] It was a really tough test for Ghana despite being touted the favorite prior to the start of the game. Ghana went into the game without her most experienced player in the current squad, Andre Ayew who picked a knock before the game. Southampton defender Salisu Mohammed who has been outstanding at the heart of defence for Ghana also sustained an injury a day before the…
Ghana coach, Chris Hughton has named a formidable lineup to face Angola at the Baba Yara Sports Stadium in Kumasi on Thursday evening.[ads2] Ghana is hosting Angola in the first leg of the 2023 AFCON qualifiers in Kumasi this evening before traveling to Luanda for the reverse fixture on March 27, 2023. Coach Chris Hughton who is playing his first game as the Black Stars gaffer this evening has named goalkeeper Lawrence Ati Zigi in between the sticks.[ads3] Southampton defender Mohammed Salisu will not be available for today’s fixture after sustaining an injury same as Andre Ayew. Club Brugge defender…
Ghanaian dancehall gem, Shatta Wale has denied reports of him being the reason why his bosom friend Medikal parted ways with his manager Flow Delly.[ads2] As reported by Kyfilla.com, Medikal announced in a radio interview last week that he is no longer working with his longtime manager Flow Delly who has been with him since the start of his music career. Many where shocked as to what could be the reason for the break-up with some pointing figures at Shatta Wale as the cause. But the “Melissa” hit-maker has reacted to the reports murmuring in the media, stressing that Medikal…
Ghana coach, Chris Hughton has said Angola can cause a problem for the Black Stars in today’s encounter.[ads2] Ghana will host Angola in first leg of the 2023 AFCON qualifiers at the Baba Yara Sports Stadium in Kumasi on Thursday evening before the reverse fixture in Luanda on March 27, 2023. Even though Ghana has been touted favorite to win the crucial encounter this evening, Chris Hughton believes Angola have a strong squad capable of causing a mayhem at the Baba Yara Sports Stadium in Kumasi. “I look at my involvement in the team, the squad and association was before…
Tamale City FC striker, Sampson Eduku has rebuffed reports of him talking to Asante Kotoko and Hearts of Oak for a move.[ads2] There were reports in the media space that Eduku has been approached by management of the two aforementioned clubs following his stupendous form for Tamale City this season. But speaking to Stephen Kwame Yeboah of Connect FM in Takoradi, Sampson Eduku who is currently in a stupendous form has denied the reportage, stressing that his focus is to help Tamale City escape relegation.[ads3] “There’s no contact from Hearts of Oak and Kotoko yet, but my focus now is…