Professor peter Quartey , Director of Institute of statistical, social and Economic Research (ISSER) of Ghana (BoG) is likely to increase the policy rate of 19% at it’s emergency meeting today Wednesday, August 17. He said, both Foreign and local investors will be attracted to do business in the local economy if that should happen. Speaking with Alfred Ocansey on TV3 on Ghana Tonight show, Tuesday August 16, Prof Quartey said ” certainly, they will look at the economic temperature , they will look at exchange rate depreciation , they will look at inflation expectation and may likely increase the...
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BOG to increase policy rate at emergency MPC MEETING to attract investors – Prof Quartey predicts.
Maamobi residents to protest against planned demolition exercise.
Residents of the Senya electoral district in Accra who live close to the Maamobi market are protesting the Ayawaso North Municipality’s proposed demolition project. The inhabitants claimed that, If the exercise is carried out without sufficient interaction 6,000 people will become homeless. Before they consent to any eviction, they are requesting that the government or the assembly assess their possessions, compensate them, or find another place for them to live. The locals claim that they have lived there for many years and that they will fight any forced eviction. According the locals they have lived there for many years and...
Chiefs perform rituals for father who slept with his 3 daughters in Assin South.
A 60-year-old father who engaged in sexual activity with his three biological daughters underwent a purification rite in Assin Andoe in the Central Region. Opanin Kwame Atta, also known as Showboy, was fined $12,000 and ordered to provide materials for cleansing ceremonies, including 5 fully grown sheep, crates of different drinks, and bottles of exotic schnapps. Kwame Atta was able to raise 8,000 cedis out of these demands and begged for money to buy four lambs because of financial difficulties. After the ritual at the palace, the local chief, Nana Atta Banafo III, told the reporters that they will conduct...
Man kills wife after forcefully enganging her to have sex
A man named Gideon Tetteh , is suspected of murdering his wife by forcefully engaging her in a sexual act in Awutu Mankomeda on the 17th August, 2022. The Awutu Ofankor District Police Commander has detained Gideon Tetteh aged 57, on suspicion of killing his wife after engaging in sexual activity with her. The terrible event took place in the Central Region’s Awutu Senya West District at Awutu Mankomeda. The dead, known as Sabina Bonney reportedly advised her husband to use a condom to prevent conception because they already have five children. The man reportedly claimed that he wanted to...
Heavy police presence at UG as Commonwealth Hall students protest
There is a heavy police presence at Commonwealth Hall on the University of Ghana campus after a protest by residents. The protesting residents of Commonwealth Hall converged at their forecourt to demand the reinstatement of their Hall Master and Senior Tutor. Police Officers have currently been stationed at the entrance of the Commonwealth Hall. Citi News understands there’s some engagement with the leadership of Commonwealth and Mensah Sabbah Hall to find an amicable solution to the conflict between both halls. The protest came after the University of Ghana Council recommended the removal of the Hall Master and Senior Tutor of Commonwealth...
Adwoa Safo officially hands over
The Member of Parliament for Dome-Kwabenya,Sarah Adwoa Safo has officially handed over her duties at the Ministry of Gender, Children and Social Protection after her appointment was rescinded on Thursday, July 28. The Member of Parliament for Dome Kwabenya, expressed her gratitude to President Nana Addo Dankwa Akufo-Addo for his support during her “difficult time.” She has written to President Nana Addo Dankwa Akufo-Addo to inform him about her action and thank him for allowing her to serve in both his governments. In a letter dated 5th August 2022 she expressed her gratitude for the opportunity given her to serve as...
La Nkwantanang Madina MCE confers with resident of Teiman.
The Chief Executive (MCE) of the La Nkwantanang Madina Municipal Assembly (LANMA), Hon. Jennifer Dede Adjabeng has engaged residents of Teiman Electoral Area on how to accelerate development in the area. The occasion which had a massive turn-out of Chiefs, opinion leaders, faith-based organizations, Religious leaders and Residential Associations afforded the MCE the opportunity to interact with the people and at firsthand abreast herself with the concerns of the residents as she took turn to address some of the issues raised by the residence during an open forum session. “I am happy about the turn out and I will be...
Utility tariffs increment normal – Alhassan Umar
A communication member of the ruling new patriotic party (NPP)says the 27.15% and 22% utility tariff increment for electricity and water respectively is a standard practice. Alhassan Ibrahin umar said this during the political segment on Baina TV’s Morning show Tsarin Safiya. However Nazir, Idriss, Director of Research for the NDC- Ayawaso East disagrees with Alhassan Ibrahim Umar’s assertion, saying the NPP do not think about the citizens because, there is already a high inflation in the country therefore, the increment in tariffs will worsen the plight of Ghanaians who are already battling an unprecedented economic hardship. “The president has...
Kenya election result: William Ruto wins presidential poll
Deputy President William Ruto has won Kenya’s presidential election, the electoral commission chairman has said, amid dramatic scenes. He narrowly beat his rival, Raila Odinga, taking 50.4% of the vote. The announcement was delayed amid scuffles and allegations of vote-rigging by Mr Odinga’s campaign. Four of the seven members of the electoral commission refused to endorse the announcement, saying the results were “opaque”. “We cannot take ownership of the result that is going to be announced because of the opaque nature of this last phase of the general election,” said Juliana Cherera, the vice-chairperson of Independent Electoral and Boundaries...
Suu Kyi gets another 6 years on corruption charges
Former leader of Myanmar Aung San Suu Kyi received an additional 6 year jail sentence by a junta court on Monday. She has been charged with a total of 19 charges, which includes incitement against the military, breaking Covid-19 rules, and illegally importing walkie-talkies. She has, however, denied these charges, which are widely attributed to a political witch-hunt. The ousted leader was deposed in a military coup by Myanmar’s military generals on February 2021. Now 77, the 6 year sentence in addition to the previous sentences she had received could very well mean a long way from freedom. Once hailed...










