Three school children have died after a vehicle conveying them home collided head-on with an overtaking car. The three deceased children have been identified as Jerry Quartey, Osten Kwaku, and Albert Odame Sarfo, all 7 years. Kasapa News has gathered that the incident occurred Tuesday, December 7, 2021, at about …

Four NDC MPs are before the courts Two of them with respect to their election and another over a protest he led The fourth is facing corruption charges in his time as Minister Four Members of Parliament of the opposition National Democratic Congress, NDC, are facing legal challenges on a …

Ernest Norgbey has apologised for his action He said, he takes full responsibility for his actions He apologised on Joy FM Ernest Norgbey, MP, Ashaiman, has regretted his actions of seizing the chair of the Speaker of Parliament when chaos erupted in the Chamber on Wednesday, December 1, 2021. He …

A Financial Analyst and Chief Operations Officer at Dalex Finance, Mr Joe Jackson, has said the government needs to increase the tax revenue. Mr Jackson said the introduction of the E-levy is meant to generate revenue for government expenditure as part of the move to widen the tax net. “Ghana …

Anan was awarded $40,000 She donated the scholarship to the less privileged in her class She receives a Kia Niro vehicle from Steve Harvey Verda Annan, a Ghanaian student at Harvard University who generously donated her $40,000 scholarship from her High School to the less privileged in her class, has …

A task force from the Electricity Company of Ghana (ECG) has cut electricity supply to the Tema Oil Refinery (TOR) for its failure to pay its bills. According to the energy distributor, TOR’s current debt is about ¢27 million cedis, hence disconnecting them. ECG says it has been working tirelessly …

Tamale Central Lawmaker, Ibrahim Murtala Muhammed, has said that as far as the Minority is concerned, the 2022 budget statement remains rejected. For the budget to be accepted, he said, the Minister of Finance would have to relay the entire document in Parliament with the changes duly reflected. “As far as we …

The Electricity Company of Ghana, ECG, has closed down its Krobo District office in Somanya following a protest by some residents within the Yilo Krobo and Lower Manya Krobo Municipalities. The closure took effect from December 1, according to a statement from the ECG in response to the protest. The …

Ghana’s leading indigenous oil marketing company, GOIL Company Ltd, has announced a further 15 pesewas reduction in fuel prices at all its retail outlets across the country effective December 7, 2021. This means that a litre of Super XP (Petrol) and Diesel XP will both sell at GHC6.70 from the …

The National Identification Authority on Monday, December 2021 took delivery of 18 Oman Ma pickup vehicles from the Kantanka Automobile Company. The presentation of the 18 vehicles the first batch 85 cars being manufactured by the Ghanaian automobile firm for the NIA. At a brief handing over ceremony, the Corporate …

Coffin Makers at Asafo Labour in the Kumasi Metropolis have threatened to fight officials of KMA with coffin over what they described as “forcibly ejection” by the authority.   The Coffin Makers who marched in their numbers to the premises of OTEC FM on Monday December 6, 2021 to protest …

Ghana has announced some tax incentives to 29 Belgian investors exploring business opportunities in the country. The Deputy Minister of Trade and Industry, Mr Herbert Krapa, in a keynote address at an information session on Business Opportunities in Ghana, said the incentives include renewable corporate tax holiday of five years …

Finance Minister Ken Ofori-Atta has rubbished reports that the proposed 1.75% e-levy has been reduced to 1%. He said government is yet to reach an agreement with the Minority Caucus on the controversial levy that has dominated the discussion in the media. There were claims by Deputy Majority Leader Alexander …

President Nana Akufo-Addo has said Ghana has taken the lead among African countries to ensure that coronavirus vaccines are produced locally. Mr Akufo-Addo said African countries could no longer rely on other countries around the globe for vaccines to inoculate the people.. His comments came on the back of a …

11 million jobs can be created if the E-levy is implemented. The levy has proven divisive among MPs and unpopular to most Ghanaians Government has hinted that it would step down the current 1.75% rate Finance Minister Ken Ofori-Atta has disclosed one of the main uses to which revenue from …

The Coalition of Commercial Transport Operators has directed all commercial transport operators to embark on a sit-down strike from Monday, December 6th to back home their demand for government to remove five taxes contained in the 2022 budget. The five taxes and levies are- the Price Stabilization and Recovery Levy, …

Buying a car is a big decision especially for first time buyers because of the huge financial input it requires to get even a moderately priced vehicle in Ghana. Therefore, such a decision should be taken with the best awareness of what to look out for in order to get …

Energy experts are asking the Public Utilities Regulatory Commission (PURC) to factor the cost of excess capacity accrued to the energy sector into the computation of power tariffs. This, according to them, would help ease the burden of government in off-setting the about US$7.5 billion energy sector debt. Based on …

Statistics South Africa has published its latest data on government spending, and the key sectors where taxpayer money is used. The data shows that government spending flirted with the R2 trillion mark in the 2019/20 financial year, representing a 10% rise from the R1.79 trillion recorded in 2018/19. ‘General government’ …

Some updated good news coming in is that the three contestants of the Keta Senior High Technical School who won bronze for their school in the just-ended National Science and Maths Quiz (NSMQ) will all get the chance to travel to Dubai. This is coming after the girl of the …

Keta SHS finishes third in 2021 NSMQ Fransisca Lamini celebrated for being first girl to make final in 8 years Fransica Lamini rejects Dubai trip Former Deputy Communications Minister, Victoria Hammah, has described as a betrayal, a decision by Francisca Lamini, the female member of the Keta Senior High School’s …

Decrease in stock prices due to low demand Value of listed companies on GSE declined in 2020, BoG Investors offload their assets in haste over COVID-19 fears The Financial Stability Review of the Bank of Ghana has revealed that the value of listed companies on the Ghana Stock Exchange (GSE) recorded a decline in …

Cocoa farmers say they have been treated unfairly by COCOBOD Address issues regarding our pensions immediately, farmers to COCOBOD 60% of cocoa farmers in Ghana are poor, Research Members of the Ghana National Cocoa Farmers Association (GNACOFA) boycotted this year’s farmers’ day celebration following what they described as the Ghana …

The first cases of the new Omicron variant of coronavirus have now been detected in the United Kingdom (UK). It was highlighted by scientists in South Africa as a potentially worrying new strain. What tests are used to detect Omicron? Swabs from polymerase chain reaction (PCR) tests, which are sent …

Otumfuo to launch gold coins Gold Coins not for legal transactions Commemorative gold coins to be auctioned, sold, Report The Asantehene, Otumfuo Osei Tutu II, is set to officially launch his Commemorative Gold Coins on December 12, 2021. According to reports, the Commemorative Gold Coins is a fitting memorial in honour …

The online betting industry in Ghana has been growing at a rate of knots in recent years, with Ghana quickly becoming one of the hotbeds of sports betting in sub-Saharan Africa. The Ghanaian gambling market still lags behind regional superpowers South Africa, Nigeria and Kenya; but the West African nation …

Minority Leader in Parliament, Haruna Iddrisu, says his side will readily accept a reduction of the proposed electronic transaction levy (e-levy) to 1% from 1.75%.a “A week ago, it was no no no, we won’t accept e-levy but having listened to officials in government, including the Minister of Finance. “I am …

Energy experts are asking the Public Utilities Regulatory Commission (PURC) to factor the cost of excess capacity accrued to the energy sector into the computation of power tariffs. This, according to them, would help ease the burden of government in off-setting the about US$7.5 billion energy sector debt. Based on …

Mr John-Peter Amewu, the Minister of Railways Development, on Wednesday, announced that government has paid 68 million euros to Amandi Holdings Limited to begin construction works on the Manso-Huni Valley rail line in the Western Region. Mr Amewu said this, in Accra, Wednesday at a media briefing on the Government’s …

Total reduces its prices by 2% International crude oil prices have seen some reduction Fuel prices decrease marginally Checks at various pumps have revealed that some Oil Marketing Companies (OMCs) have started revising their prices this morning. The Institute of Energy Security (IES) has stated that prices on the market …