For the First Time in Weeks, 45.9% of the T-bills Auction is Under Subscription
Ghana’s short-term debt auction has recorded an under subscription, with bids falling short by 45.9% equivalent to GH¢2.82 billion for the first time in several weeks
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The Finance Ministry Warns of GH₵88 Million in Banking Sector Fraud
Reported cases of banking sector fraud reached GH₵88 million in 2023—marking a concerning 7% increase from GH₵82 million in 2022.
Google Consents to Pay $28 Million in a Complaint Alleging Racial Bias
Google has agreed to pay $28m (£21.5m) to settle a lawsuit that claimed white and Asian employees were given better pay and career opportunities than workers from other ethnic backgrounds, a law firm representing claimants says.
IMF to Ghana: You Can’t Borrow More Than $250 Million in 2025
Ghana cannot borrow more than $250 million in external loans—including commercial loans—in 2025, under a borrowing cap as part of a Memorandum of Understanding (MOU) with its Official Creditor Committee (OCC)
Musk’s DOGE Cuts $900 Million from US Education Department’s Research Office
After announcing $101m would be slashed from 29 DEI training grants on Monday, the Doge account on Twitter/X said that Musk’s team terminated 89 contracts worth a total of $881m on Tuesday.
To Save Money, the 2025 Independence Day Event Will Only Be Conducted at Jubilee House
Addressing the media, Minister of State for Government Communications Felix Kwakye Ofosu stated that the regional rotational celebration has been paused, as the 2023 event cost the country GH¢15 million
Home Sales in America Dropped to their Lowest Level since 1995 in 2024
Sales of previously owned homes, which make up the vast majority of the market, totaled 4.06 million in 2024, the National Association of Realtors said Friday. That’s the lowest level since 1995 and slightly below 2023’s similarly anemic levels
Rwandan-backed M23 Rebels Announce A Truce In DRC
The AFC/M23 rebel coalition announced late on Monday that it would implement a unilateral ceasefire starting on Tuesday.
The UK Warns Rwanda That Aid Could Be Jeopardized By Its Involvement In The DRC Crisis.
Rwanda-backed M23 rebels captured Goma, a city of two million people in the DRC, on Monday, ignoring widespread calls for them to halt their offensive and enact a ceasefire
Ghana Cedi Decreases To GH¢15.90 To 1 Dollar At Forex Bureaus
The Central Bank, in its daily update, noted that the cedi is trading at a buying price of GH₵15.24 and selling at GH₵15.25.