Hot!
Government used over $4 Billion to stabilise the Cedi – Oppong Nkrumah reveals
Former Minister for Information, Kojo Oppong Nkrumah, has revealed that the government has used more than four billion dollars from the country’s reserves to help stabilise the Ghanaian cedi.
He explained that the government released the money onto the market to control the exchange rate and reduce pressure on the local currency.
According to him, this move helped the cedi to appreciate for some time and contributed to slowing down inflation.
Mr. Oppong Nkrumah said the decision formed part of broader measures by the government and the Bank of Ghana to bring down inflation, which now stands at 9.4 percent.
He added that when the cedi becomes stable, the prices of imported goods also stop rising quickly, which helps to reduce the cost of living.
However, the minister admitted that prices are still high, especially for food items, due to challenges in local production and transportation.
He explained that while imported inflation has been controlled, domestic inflation remains a concern because farmers continue to face problems such as access to fertilizers, fuel, and storage facilities.
By: Jacob Aggrey
The Ghana National Fire Service (GNFS), Hohoe Municipality Command, has conducted fire safety inspections and public education at selected fuel filling stations within the municipality.
The exercise, held from July 3, 2026 to July 5, 2025 was led by the Municipal Commander, DO III Bismark Hosu-Porbley.
During the inspection, the team assessed the fire safety preparedness of the facilities. Staff were also educated on fire prevention, emergency response procedures, and the proper use of firefighting equipment.
Management of the affected fuel stations expressed appreciation for the exercise and pledged to comply with the recommended safety measures.
The GNFS said the exercise reaffirms its commitment to continuous fire safety awareness and risk reduction to safeguard lives and property.
By Edem Mensah-Tsotorme
Massive celebrations were recorded countrywide as the Black Stars opened their 2026 World Cup campaign with a 1-0 victory over Panama in Toronto on Wednesday.
Midfielder Caleb Yirenkyi scored the only goal of the match late in the game as he shot in a decent cross from substitute Brandon Asante.
The win gave Ghana a positive start in the competition, placing them in second position behind England, also with three points but with a superior goal aggregate.
After the final whistle, the streets and other viewing centres were turned into partying grounds as fans, mostly clad in the team’s paraphernalia, danced to several World Cup-themed music.
Others blew the vuvuzelas in joyous mood with others putting up a spirited ‘jama’ session.
