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Basic school heads lament non-payment of capitation grant arrears 2yrs on

The Conference of Heads of Basic Schools is lamenting the non-payment of the capitation grant meant for the operationalization of basic schools for the past two years. The association explains that the situation is crippling the progress of teaching and learning in schools. Speaking to Citi News, the General Secretary of the Conference of Heads of Basic Schools, Justice Adu Darko, ...

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Transforming African Economies through Pan-Africanization

How to strengthen intra-African trade, which only accounts for 17% of trade on the continent? The AU advocates a pan-Africanization of the economic system. The 5th UN Conference on Least Developed Countries in Doha, Qatar, emphasized the key role of financing for SMEs. In sub-Saharan Africa, women produce up to 70% of food for consumption and sale. However, agriculture remains ...

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Kamala Harris urges Ghana’s creditors to help meet debt obligation amid IMF talks

US Vice President, Kamala Harris has entreated Ghana’s foreign creditors to help the country meet its debt servicing obligation. Madam Harris believes this will enable Ghana successfully negotiate the bailout it is seeking from the International Monetary Fund (IMF). Ghana’s economy is currently in turmoil as the government knocks on the IMF’s doors for a financial facility amid a painful ...

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The roots of hunger in Africa go deeper than Russia’s war in Ukraine

High-ranking U.S. officials have been trooping to Africa recently, with Secretary of State Antony Blinken next up with a visit to Ethiopia and Niger this week. A core part of their mission is to chip away at some African governments’ reluctance to condemn Russia’s invasion of Ukraine by persuading them that the conflict is deepening the continent’s severe hunger problem. ...

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Central banks to boost flow of US dollars amid market unease

Central banks have moved globally to keep credit flowing after an unsettled period in the US banking sector and the Credit Suisse merger. Six central banks, including the Bank of England, announced they would boost the flow of US dollars through the global financial system. On Sunday the struggling Credit Suisse was taken over by UBS in a Swiss government-backed deal. ...

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Top South African corruption investigator shot dead

A South African accountant who was investigating high-level corruption cases has been shot dead along with his son. Cloete Murray, 50, was the liquidator for Bosasa, a company implicated in numerous government contract scandals. He also worked as a liquidator for firms linked to the wealthy Gupta brothers, who deny bribery accusations. Police will see if there is a link ...

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Pensioner bondholders lament govt’s failure to pay matured coupons

The Pensioner Bondholders Forum has expressed disappointment over government’s failure to pay out matured coupons to investors who did not tender their bonds under the Domestic Debt Exchange Programme. This is the second time the government has failed to pay coupons that matured between February 6 and 20. In an interview with Citi News, Dr. Adu Anane Antwi, Convenor of Pensioner ...

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ECOWAS cautions govts in Sub-Saharan Africa against influx of terrorists from Burkina Faso

The Economic Community of West African States (ECOWAS) Commission is cautioning of an influx of terrorists from Burkina Faso if governments in the sub-region of Africa do not show political will in tackling cross-border terrorism. Speaking exclusively to TV3’s Komla Klutse in Abuja Nigeria, Commissioner for Political, Peace and Security, Abdel Fatau-Musah said although governments are putting in place measures to fight ...

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UN expert calls for ‘new philosophy’ to better serve persons with disabilities

A “new philosophy” and broader approaches can transform services for persons with disabilities, a UN-appointed independent expert told the Human Rights Council on Monday. In his latest report to the Council, the UN Special Rapporteur on the rights of persons with disabilities, Gerard Quinn, outlined how more inclusive policy approaches and innovative private sector involvement can spur progress. “States and societies at large ...

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Lowest paid teacher takes home GH¢434 every month

Teachers and staff at the Ghana Education Service have witnessed an increment in their basic pay, after the 30 percent increase in the Single Spine Salary Structure for public sector workers. This increment took effect from January 1, 2023, and also includes a 15 percent market premium which the government has also agreed to for all teachers and other public ...

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