By Wilhelmina Oddoye Ghana’s efforts to reach a deal with two bondholder groups (one “international” group of Western asset managers and hedge funds, and another including regional African banks) to restructure $13 billion of international bonds has proven futile. The regional African bondholder group had rejected part of the proposed rework, including an option to retain the original value of …

The Ministry of Transport has instructed the Ghana Police Service and other security agencies to arrest any commercial driver found charging new transport fares beyond the established rates, which places undue financial strain on commuters. In a statement signed by its Public Relations Unit in Accra on Sunday, April 14, 2024, the Ministry clarified that, negotiations for updated public transport …

The founder and leader of the Glorious Word Power Ministries, Rev. Isaac Owusu-Bempah, asserts that the country is being run by people such as Ken Ofori-Atta and Gabby Asare Otchere-Darko instead of President Akufo-Addo. In a message directed at the president, a well-known and controversial pastor expressed his disappointment with the president’s handling of the country during his two terms in office. Rev. Owusu-Bempah, …