Author: Constance Awunor
Constance Awunor specializes in business, finance and economic developments across Ghana and beyond. She focuses on market trends, entrepreneurship and policies affecting young professionals and emerging industries. Her writing simplifies complex financial topics, empowering readers to stay informed and make smarter decisions. Constance graduated from University of Cape Coast with a degree in Communication Studies. Connect with her at constance@yocharley.com
Irish President Catherine Connolly is expected to meet King Charles during a three-day official visit to Britain. The visit began on Monday with engagements in London, including a stop at the Irish Cultural Centre in Hammersmith. Speaking at the centre, President Connolly said some Irish citizens are leaving Ireland due to housing challenges. She said migration from Ireland has long been shaped by economic pressures. “Historically, modern-day immigration was driven by economic factors,” she said. She noted that many Irish people have settled in cities such as London, Manchester, Liverpool, and Birmingham over time. The President highlighted the long-standing impact…
Ghanaian music executive Richie Mensah has announced that Lynx Entertainment is exiting artiste management after nearly 20 years in the industry. He says the company will now focus on music distribution and consumer electronics under its expanding business portfolio. The announcement was made in a video shared on his social media pages on his 40th birthday, May 17, 2026. Richie Mensah said the decision forms part of a long-term personal goal to step back from active music production at age 40. “I promised myself that when I turned 40, I was going to retire from music,” he said. He added…
The Bank of Ghana (BoG) has published new exchange rate figures showing relative stability of the Ghana Cedi against major international currencies on Monday, May 18. The Cedi is trading at 11.4068 to the US dollar on the buying side and 11.4182 on the selling side. This means the local currency continues to show limited movement compared to recent sessions. The Bank of Ghana data also shows the Cedi trading against other major currencies. The British Pound Sterling is buying at 15.1973 and selling at 15.2136. The Euro is also trading at 13.2635 on the buying side and 13.2754 on…
Lawyer and energy expert Lom-Nuku Ahlijah says Members of Parliament in Ghana do not enjoy immunity from criminal prosecution. According to him, MPs only receive limited protections linked to their parliamentary duties. He stressed that these protections do not prevent criminal investigations, arrests, or prosecutions. Mr Ahlijah made the remarks on JoyNews’ AM Show on Monday, May 18, during discussions on the detention of the Asante Akyem North MP. “There is no immunity from crime, even in Ghana, when you are an MP. We have had many cases where MPs have been prosecuted before,” he said. Mr. Ahlijah explained that…
President John Dramani Mahama has warned that cuts in United States aid to Africa could push millions of people into poverty by 2026. Speaking at the 79th World Health Assembly in Geneva, Mr. Mahama said the suspension of USAID support could have serious social and economic effects across the continent. “It is estimated that the direct consequences of these aid suspensions could push about 5.7 million Africans into poverty by the end of 2026,” he said. Mr. Mahama also warned that the long-term impact could be worse if African countries fail to strengthen their healthcare systems. According to him, projections…
President John Dramani Mahama has outlined several measures introduced by his administration to reduce financial barriers in healthcare delivery across Ghana. Speaking at the 79th World Health Assembly in Geneva on Monday, May 18, President Mahama said his government has moved beyond rhetoric to implement policies that place citizens at the centre of healthcare delivery. He said Ghana’s National Health Insurance Scheme remains one of Africa’s more successful health insurance systems, with coverage estimated at 66 percent by the end of 2025. However, he noted that about 34 percent of the population still lacks insurance coverage. President Mahama also said…
President John Dramani Mahama has announced that Ghana is on course to stop relying on funding support from Gavi, the Vaccine Alliance by 2030. He said Ghana also hopes to become a donor country in the near future. Speaking at the 79th World Health Assembly in Geneva on Monday, May 18, President Mahama said Ghana continues to make progress in strengthening its healthcare system. He noted that the country has taken steps to tackle the growing burden of non-communicable diseases (NCDs) through the launch of the Ghana Medical Trust Fund, also known as MahamaCares. According to him, the fund supports…
US President Donald Trump has cautioned Taiwan against formally declaring independence from China following high-level talks with Chinese President Xi Jinping in Beijing. Speaking to Fox News at the end of his two-day summit with Xi on Friday, Trump said the United States was not seeking to encourage any move toward Taiwanese independence. “I’m not looking to have somebody go independent,” he said. Trump stressed that Washington’s long-standing policy on Taiwan had not changed, despite growing tensions between China and the self-governing island. Taiwan’s President Lai Ching-te has previously argued that Taiwan does not need to declare formal independence because…
The Trades Union Congress (TUC) has declared its strong opposition to any attempt to privatise the Electricity Company of Ghana (ECG). Deputy Secretary General of the TUC, Dr Kwabena Nyarko Otoo, said organised labour is prepared to resist any policy aimed at handing over the state power distributor to private operators. Speaking on JoyNews’ Newsfile programme on Saturday, May 16, Dr Otoo said labour unions are worried about ongoing discussions on restructuring state-owned enterprises under Ghana’s economic reform agenda. “The TUC and its affiliates will also be ready to ensure that we use every legitimate means to stop this privatisation,”…
The Ghana Airports Company Limited (GACL) has warned the public to avoid all land transactions involving a disputed parcel of land on the Spintex Road in Accra. In a public notice issued by management, GACL said the land, located adjacent to and opposite Action Chapel International, is currently the subject of an ongoing court case. According to the company, the approximately 16-acre land is allegedly being offered for sale by Airport Logistics Limited and McDan Shipping Company Limited, both linked to the McDan Group of Companies. GACL stated that the High Court (Land Division) delivered judgment in its favour on…