President Putin watched the nuclear drills via video link Vladimir Putin has overseen annual nuclear exercises by Russia’s strategic nuclear forces at a time of heightened tensions with the West over his eight-month-long war in Ukraine. Ballistic and cruise missiles were launched in the Far East and Arctic, the …
Read More »Experts react: UK Prime Minister Liz Truss resigns. What’s next for Britain and its standing in the world?
The revolving door keeps spinning. UK Prime Minister Liz Truss resigned on Thursday after just forty-four days in office—and 105 days after her predecessor, Boris Johnson, similarly bowed out. Truss’s decision comes after she abandoned her plans for tax cuts that had sent financial markets tumbling and exacerbated Britain’s fiscal …
Read More »Lawyers are the best candidates for heaven – GBA President
File photo President of the Ghana Bar Association (GBA), Yaw Acheampong Boafo, has dismissed some myths associated with the legal profession. For several years, there has been a myth that lawyers are buried upside down and that of all professions, they are the most likely candidates for hell because …
Read More »COPEC predicts 10% increase in fuel prices
File photo Fuel prices are expected to go up by 10%, beginning this Sunday, October 16, 2022. According to the Chamber for Petroleum Consumers (COPEC), this is due to a 3.66% increase in the price of crude oil and 4.08% depreciation in the value of the cedi to the …
Read More »Sudan: Roads Minister apologises for bad roads
By;brightwebtv Road Minister sorry for ‘worst’ roads in region South Sudan’s roads minister has apologised to the public for the bad condition of roads in the country as a study found that they were the worst in the region. Roads worsened following recent torrential rains that made them impassable …
Read More »Cocoa price goes up by 21%; now GH¢800 per bag
Government has pegged the producer price for cocoa at GH¢800 per bag of 64kg. The new price takes effect from Friday, October 14, 2022, for the 2022-2023 crop season. This depicts a 21 percent increase from GH¢10,560 per tonne to GH¢12,800 per tonne. Minister for Food and Agriculture, Dr. …
Read More »I sold my mansion for me not to get broke – Kofi Amoabeng
Co-founder of defunct UT Bank, Prince Kofi Amoabeng, has opened up on adjustments he made to survive the collapse of his bank. The businessman says he, among other things, had to sell his mansion for an apartment in order not to get broke. “I have one watch and one …
Read More »UTAG, 3 other university labour unions declare strike
Four labour unions in the Public Universities in Ghana have announced a strike action effective Thursday, October 14, 2022, if issues regarding their conditions of service are not resolved. The unions are the University Teachers Association of Ghana (UTAG), Ghana Association of University Administrators, Tertiary Education Workers Union of …
Read More »Cedi ranked second worst-performing currency in the world – Bloomberg
By;brightwebtv/nana asare The Ghana cedi lost 40.05% in value to the US dollar in nine months of 2022, ranking it as the second worst performing currency in the world in the 147th position, according to Bloomberg. This decline in the local currency against the American currency is the worst …
Read More »Kumasi Central Market Flood victims appeal to Nana Addo for support
Flood victims at the Kumasi Central Market have called on President Akuffo Addo for support to enable them live normal lives. About 400 lockable shops at the Kumasi Central Market suffered massive losses due to the devastating rains that flooded the area on three occasions in just one week. …
Read More »