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Ghana economy contracts for the first time in nearly four decades

Ghana’s economy contracted for the first time in almost four decades in the second quarter, by an annual 3.2%, hit by the fallout of the coronavirus pandemic, the statistics office said on Wednesday.

The gold-, oil-, and cocoa-producing West African nation imposed a three-week lockdown at the start of the pandemic in March, leading to the shutdown of numerous businesses, government statistician Samuel Kobina Annim told a news conference.


Ghana 'welcomes' independent presidential aspirant eyeing 2020 polls

APRNEWS - At a time a section of Ghanaians are expressing concerns about the two-horse domination of national politics, an independent candidate has put himself up as a viable third force.

Marricke Kofi Gane, a UK-trained certified accountant has thrown his hat into a keenly awaited presidential race scheduled for December 2020.


Monetary Policy: Angola and Ghana contradict market forecasts by decreasing their benchmark rates

APRNEWS - Angola and contradicted analysts forecasts about the results of the first meetings, this year, of their respective monetary policy committee.

Early January 2019, analysts unanimously forecasted that major Sub Saharan economies would keep their benchmark interest rates but, this was not the case for these two economies.


Ghana to lose $300 million as a consequence of bearing price drop of cocoa on the international market

APRNEWS - In Ghana, keeping the price of cocoa for the 2018/2019 cocoa season launched today at 7,600 cedis per ton ( the price set since October 2016) will make the country lose 1.5 billion cedis ($300 million), Ghanaweb reports, quoting the agriculture ministry.


Outrage in Ghana over viral video of police assault on woman

APRNEWS- Ghana’s social media space – Facebook and Twitter – has been buzzing with a call for the arrest of a police officer for assaulting a nursing mother.

A viral video shows the said officer in what starts like a tussle with the woman in a banking hall. Subsequently, he is seen hitting the woman with an umbrella and slapping her on the face.


GES inaugurates ER Girls Educ. Network executives

GHANAIANTIMES - The Eastern Regional Office of the Ghana Education Service (GES) has appointed a six member Executive Committee to spearhead the Girls Education Network (GEN), a body aimed at enhancing girl-child education in the region.

Among other objectives, the Committee has the task of mobilising resources and facilitating the development and progress of girls’ education in the region.



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