Ghana receives $367 million from IMF after successful programme review

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The International Monetary Fund (IMF) has disbursed $367 million to the Bank of Ghana following the successful completion of the country’s fourth review under the $3 billion Extended Credit Facility (ECF) programme. The funds, received on July 9, are expected to support Ghana’s foreign reserves, stabilise the cedi, and meet urgent balance-of-payment needs. This is the fifth tranche since the programme...

PSG thrash Real Madrid 4-0 to reach Club World Cup final

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Paris Saint-Germain produced a stunning first-half blitz to thrash Real Madrid 4-0 in the FIFA Club World Cup semi-final and book a showdown with Chelsea. PSG scored three goals in the first 24 minutes at MetLife Stadium in New Jersey, overwhelming a Madrid side that never recovered. Fabián Ruiz netted twice, while Ousmane Dembélé added a goal and an assist...

Kudus to Tottenham: Spurs agree £55m deal with West Ham

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Tottenham Hotspur are closing in on the signing of Mohammed Kudus from West Ham in a deal worth around £55million, with the Ghana international set to undergo a medical on Thursday ahead of a six-year contract. After weeks of talks, Spurs have finally struck a deal for Kudus, who had been a top target this summer. The 24-year-old is expected...

Lyon relegation reversed, Palace’s Europa place at risk

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Lyon have won their appeal to stay in Ligue 1 after being initially relegated over financial issues, dealing a major blow to Crystal Palace’s hopes of European football next season. The French Football Federation overturned Lyon’s drop to Ligue 2 on Wednesday. The decision follows an urgent appeal and a revised financial plan presented by the club. Palace are now...

Is Real Estate the Smartest Way to Build Financial Freedom?

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On the AM Club, Kojo Daasebre and Miriam Uduack sat down with industry expert Adu Poku Emmanuel, a marketing manager at Nationwide Affordable Housing Scheme (NAHS), to discuss whether real estate is truly the smartest way to build wealth and if the risks are as high as they seem. When asked why real estate has become such a popular investment...

President Mahama orders crackdown on buildings without sanitation facilities

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President John Dramani Mahama has directed all district assemblies across the country to withhold building permits for any construction that fails to include proper sanitation facilities, as part of intensified efforts to eliminate open defecation in Ghana. The President issued the directive during the launch of Ghana’s Voluntary National Report on the Sustainable Development Goals (SDGs), stressing that enforcement of...

Christian Horner sacked by Red Bull after 20 years at the helm

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Red Bull has officially parted ways with Christian Horner, ending his two-decade reign as team principal during one of the most successful eras in Formula 1 history. Horner’s dismissal was confirmed on Wednesday after weeks of speculation and internal tensions within the Red Bull camp. His exit marks a dramatic shift in leadership during a season already riddled with uncertainty...

U.S. tightens visa reulations for Ghanaian travelers, reduces validity and entry limits

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The United States government has revised its visa reciprocity policy for Ghana, significantly limiting the duration and number of entries allowed under most non-immigrant visa categories. Under the updated guidelines published by the U.S. Department of State – Bureau of Consular Affairs, most Ghanaian travelers, including those applying for business (B1) and tourism (B2) visas, will now receive single-entry visas...

Ghana bags $30M Chinese grant to construct modern market in Aflao

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Ghana has received a $30 million grant from the Chinese government to construct a modern market in Aflao, a major commercial town in the Volta Region. The project is expected to serve as a key trade hub, enhancing cross-border commerce between Ghana and Togo. The agreement was signed on July 7, 2025, at Ghana’s Ministry of Foreign Affairs. Foreign Affairs Minister...

Ghanaian CEOs confident in economic recovery but cautious about business growth – PwC survey

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A majority of Chief Executive Officers in Ghana are optimistic about the country's economic prospects in 2025, according to PwC’s 28th Annual Global CEO Survey. The report points to renewed confidence in the macroeconomic outlook, but reveals a more cautious sentiment when it comes to business performance at the firm level. Over 70 percent of CEOs surveyed believe Ghana’s economy...