The Bank of Ghana (BoG) began preserving gold reserves in 1961 during the administration of President Kwame Nkrumah. However, this practice was discontinued in 1962 due to a decline in gold prices and a strategic shift towards holding foreign currency and securities as reserve assets. President Jerry John Rawlings (1993–2001) […]
Syrian Foreign Minister Asaad al-Shaibani conveyed his country’s thanks and gratitude on Saturday for His Majesty King Mohammed VI’s decision to reopen the Moroccan embassy in Damascus. In a press statement following his talks with his Moroccan counterpart Nasser Bourita, Syria’s top diplomat hailed the relations between both countries as […]
The recent appreciation of the Cedi against the US dollar and other trading currencies has led to many arguments and credit-taking competitions. For political expediency and partisan interest, some have credited the Cedi recovery to: 1. Gold for Oil Policy spearheaded by Dr. Mahamudu Bawumia. 2. GoldBod Initiative spearheaded by […]
Fan Milk PLC, a Danone company and beloved household name in Ghana, has launched the celebration of its 65th anniversary marking over six decades of spreading joy through its market leading dairy and beverage products. The milestone serves as a tribute to the countless memories the brand has helped create […]
Background The Ghanaian cedi has experienced a significant appreciation against the US dollar in recent months. According to Bloomberg, the cedi has appreciated nearly 16% against the US dollar since the start of April 2025. This marks a remarkable turnaround from its previous status as one of the worst-performing currencies […]
The European Union spokesperson for Foreign Affairs and Security Policy reaffirmed Friday that “neither the EU nor any of its Member States recognize the “SADR.”” This statement came in response to a question about the upcoming European Union–African Union ministerial meeting, scheduled for next Wednesday in Brussels. Recalling that EU-AU […]
“The Member of Parliament for Akyem Oda constituency, Hon. Alexander Akwasi Acquah, has described the NDC’s promise to strengthen Ghana’s education system as mere rhetoric. Speaking to the media after overseeing mock exams he organized for JHS students, the MP criticized the NDC for failing to fulfill promises made during […]
The Municipal Chief Executive (MCE) for Kwahu West, Hon. Tamimu Aliedu, has embarked on a thank you tour across the municipality, visiting several traditional palaces to express gratitude for the support of local leaders and to call for peace, unity, development, and discipline within the district. The tour, themed “Peace, […]
Popular Ghanaian preacher, Founder and Leader of Parliament Chapel International (PCI), Apostle Francis Amoako Attah, has made a striking claim that the ongoing Russia-Ukraine conflict, which has entered its third year, aligns with a 2,500-year-old prophecy recorded in the Bible. Speaking on the Onua FM’s Maakye program, Apostle Amoako Attah […]
Her Royal Highness Princess Lalla Hasnaa, President of the Royal Theater of Rabat Foundation, accompanied by Brigitte Macron, chaired, on Thursday at the Royal Theater in Rabat, the Foundation’s first Board of Directors. The fruit of HM the King’s enlightened vision, the Royal Theater of Rabat stands as a concrete […]
