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Demand pressures for dollar to weigh on cedi this week; one dollar equals GH¢12.80

Demand pressures for dollar to weigh on cedi this week; one dollar equals GH¢12.80

Ghana News, News In Brief
The persistent demand pressures for the dollar would continue to weigh negatively on the cedi's performance this week. This follows a marginal depreciation of the local currency last week, taking its year-to-date loss to about 3.0%. The elevated demand continued to inhibit the cedi's performance last week, causing it to weaken across the major trading currencies. The Central Bank supported the market with $3 million but this was not substantial enough to keep the local currency afloat as it shed 0.60% week-on-week against the American greenback to close the week at GH¢12.80 in the retail market. The local unit also depreciated 0.16% versus the pound but gained 0.19% against the euro. Global creditors and rating agencies convened a meeting last week to discuss the impact of ...
2 dead, others injured in road accident at Asankare Barrier

2 dead, others injured in road accident at Asankare Barrier

Ghana News, Health & Wellbeing, News In Brief
Two people reportedly died on the spot in an accident involving a VIP yutong bus and trailer at Asankare barrier in the Asante Akyem South district of the Ashanti region. The accident which occurred Saturday night also left several others injured. According reports, the VIP bus with registration number GE 6167-19, travelling from Accra-Kumasi collided with the trailer heading to Accra. It is unclear how the driver of the VIP bus veered off its lane and collided head-on with the trailer. Many passengers also were left with fractured limbs. Personnel from the Motor, Traffic and Transport Department (MTTD) and Fire Service at Juaso rushed to the scene. They helped in conveying the injured to the Juaso Government hospital for medical attention. Meanwhile, bodies of the de...
God Rewards Faithful Service – Chairman Tells Officers

God Rewards Faithful Service – Chairman Tells Officers

Ghana News, News In Brief, Pentecost News
Unpaid Officers of The Church of Pentecost, who are the custodians of the church at the local level, have been advised to continue with their services to God and church since their efforts in the Lord would not be in vain. Apostle Eric Nyamekye, Chairman of The Church of Pentecost, gave the assurance when addressing Officers in the Teshie-Nungua Area on Wednesday evening [January 12, 2022]. The meeting, which was attended by Elders, Deacons and Deaconesses in their numbers as well as ministers and their wives in the Area, took place at the Fred Stephen Safo Memorial Temple at Nungua-Nshorna in Accra. The Chairman revealed that God always rewards faithful service and that anyone who does something good for God and His church receives the appropriate blessings from Him in due course. ...
SIM Card Registration: Telcos Beef Up Logistics

SIM Card Registration: Telcos Beef Up Logistics

Ghana News, News In Brief
The mobile telecommunications companies have ramped up technical logistics to improve their services towards the ongoing SIM card registration exercise. As part of the improved logistics, the mobile network operators (MNOs) will, from today, use an updated version of the app being used for the registration, increase the number of smart phones being used for the exercise and increase the number of registration centres to include distributors, all retail outlets, as well as some selected agents. The Chief Executive Officer of the Ghana Telecommunications Chamber, Dr. Ken Ashigbey, said those interventions were part of efforts to make the exercise more efficient and convenient for subscribers. In an interview with the Daily Graphic, Dr. Ashigbey said: “Last Thursday, an updated vers...
COMMITTEE TASKED TO MAKE RECOMMENDATIONS ON SCHOOL REOPENING SUBMITS REPORT

COMMITTEE TASKED TO MAKE RECOMMENDATIONS ON SCHOOL REOPENING SUBMITS REPORT

News In Brief, Pent TV
Members of the committee set up to advise the government on the reopening of schools have submitted their report to the Minister of Education. Chaired by a former Minister of Education and chairman of the GETFund Board of Trustees. Prof. Dominic Fobih, the committee was tasked to come up with modalities for the reopening of schools after their closure in March 2020 due to the COVID-19 pandemic. Details of the report have not been made public yet. A statement from the Education Ministry said the report will be forwarded to the President ahead of extensive stakeholder engagement. “At a short ceremony at the Ministry, Dr. Prempeh received the report and thanked the members of the committee for their hard work and diligence. The report will be forwarded to the President ahead of e...
66% OF ACCIDENTAL DEATHS EMANATE FROM ROAD CRASHES – BUREAU OF PUBLIC SAFETY

66% OF ACCIDENTAL DEATHS EMANATE FROM ROAD CRASHES – BUREAU OF PUBLIC SAFETY

News In Brief, Pent TV
Road crashes are the major contributor of accident-related deaths in Ghana. The Executive Secretary of the Bureau of Public Safety, Nana Yaw Akwada made this known on Citi TV’s Point of View. “Our findings indicate that 66% of accidental deaths in the country come from road crashes. This is something that people have suggested that it is a national security matter.” His revelation comes on the back of a series of road crashes recorded over the past few weeks. On Saturday, September 19, 2020, some six members of a football academy at Offinso in the Ashanti Region died on the spot after a KIA Pregio vehicle they were travelling in, veered off the road and fell into the River Offin. Four other persons were also confirmed dead following a head-on collision at Somanya in the Yil...

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