News

Inflation slowed to 15.8% in October from 17.2% in September

Ghanaians scheduled to vote in general elections on Dec. 7

Ghana’s central bank cut its benchmark interest rate for the first time in more than five years after inflation slowed to the lowest rate since 2014.

The Bank of Ghana cut the rate by 50 basis points to 25.5 percent, Governor Abdul Nashiru Issahaku told reporters Monday in the capital, Accra.

Five of the six economists in a Bloomberg survey forecast the rate would be reduced and one said it would be kept unchanged at 26 percent.

President John Dramani Mahama has urged the electorate not to fall for the "one this, one that" promises of the New Patriotic Party (NPP ) because those promises are only meant to win votes.
Speaking during a courtesy call on the Wa Naa, Fuseini Seidu Pelpuo, at his palace on Friday, the President said: “The one this, one that promises are empty promises."

Earlier on Thursday night, President Mahama made a similar statement at a rally at Dafiama as he campaigned in the Upper West Region.

The Prime Minister hints at a possible interim Brexit deal to make sure there is no cliff-edge departure from the European Union.

Brexit means Brexit, and that means leaving the European Union - well eventually, it seems.

Appearing before business leaders, the Prime Minister today suggested that the UK may have a transitional period, an interim agreement before full-blown Brexit.

Acknowledging business fears about a sudden "cliff-edge" change after the UK leaves the European Union, Theresa May said avoiding it would be part of talks with Brussels.

ACCRA, GHANA —
Violent clashes between supporters of rival political parties have raised concern about security as Ghanaians prepares for presidential and parliamentary elections on December 7.

Ghana's Center for Democratic Governance released a survey this week that said 54 percent of Ghanaians thought political parties or candidates were "very likely" to use violence in the upcoming elections.

Almost 15,000 people have signed a petition calling for the royal family to pay for the £369 million repairs to Buckingham Palace.

Yesterday it was announced that the royal residence is to undergo a major 10-year refurbishment.

The hefty bill will come from a 66% increase in the Sovereign Grant – the funding for the monarchy’s official duties – for the 10-year period, with the total works estimated to cost £369 million.

But thousands of people are livid at the thought of their tax money paying for Her Maj’s luxury pad.

LONDON (AP) — Foreign Secretary Boris Johnson is Britain's top diplomat, tasked with winning international friends as the country prepares its exit from the European Union.

So far, that's turning into mission impossible, as EU leaders accuse him of offering insubstantial and unrealistic visions of the U.K.'s future outside the 28-nation bloc.

The latest critic is Dutch Finance Minister Jeroen Dijsselbloem, who told the BBC on Tuesday that Johnson "is offering to the British people options that are really not available."

During a 90-minute private meeting, President Obama said the two discussed foreign and domestic policy and how to ensure a smooth handover of power

Donald Trump was accorded a chilly but deferential welcome at the White House on Thursday as the president-elect met with Barack Obama for a 90-minute private meeting in the Oval Office.

The election the world thought would never end at least began predictably – an hour and 50 minutes after the last one was over.

This was how long it took one presidential hopeful, Kentucky senator Rand Paul, to first start campaigning against Hillary Clinton when polling closed two years ago in the midterm elections. It was to prove almost the only thing that went to script. What happened next would change the certainties of American politics forever.

Upon reading the affidavits and statement of cases by the applicant and interested party respectively;

Upon hearing Thaddeus Sory with him Sean Opoku, Sanya Anita Morrison and Reindof Twumasi Ankrah counsel for the applicant and Ayikoi Otoo with him Gary Nimako Marfo, Felix Ograh, Ofosu Appiah, Naa Djama Ayikoi Otoo and Barbara Brown Counsel for the interested party;

It is hereby ordered that: –

The applicant extends the nomination period from today Monday, 7th November to the close of working day of Tuesday 8th November .