While a significant majority of Ghana’s wealthiest individuals continue to shun its local bourse – preferring to build their fortunes through privately-owned companies – a tiny handful of high net-worth individuals keep a portion of their investment portfolios in listed equities on Ghana’s largely illiquid stock market. Based on figures …
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GROHE Relaunches Eurosmart Faucet With Latest Technology For Convenience
August 24, 2021- GROHE has reinvented its first Eurosmart faucet for the bathroom to meet modern day needs. The product which was introduced more than 20 years ago has become a legendary number as it has quickly developed into the undisputed bestseller in the brand’s faucet portfolio and establishing itself …
Read More »BoG wins arbitration against Sibton switch limited
A Tribunal constituted under the auspices of the London International Court of Arbitration (LCIA) has issued an award in favour of the Bank of Ghana dismissing all claims brought by Sibton Switch Systems Limited (“Sibton Switch”) in relation to the termination by the Bank of the Master Agreement for the …
Read More »IMF transfers US$1 billion into Bank of Ghana’s account
The International Monetary Fund (IMF) has transferred a little over US$1 billion into the Bank of Ghana‘s account as part of a Special Drawing Right (SDR) allocation to support economic recovery. This came to light when the Fund issued a circular showing Ghana was the 4th country to receive the …
Read More »IMF provides US$1 billion in SDR to shore up foreign exchange reserves
The International Monetary Fund (IMF) will on Monday August 23 2021, make resources equivalent to US$1 billion available to Ghana, in the form of a Special Drawing Rights (SDR) allocation. Launched for all countries to respond to the worst peacetime global recession since the great depression, the SDR allocation follows …
Read More »Burnt laptop is not that of yet-to-be distributed ‘teachers laptops’
Claim: A ‘teachers’ laptop” exploded after a teacher tried installing windows 10, according to a social media user. Verdict: The Ghana Education Service has not started distributing the “teachers laptops.” Full Text A social media user claims that one of the laptops given to teachers in Ghana caught fire after …
Read More »How GES official tried to torpedo my 2018 Singapore trip – Blackboard ICT teacher
• A teacher who went viral in 2018 for innovative teaching technique says he was hounded by education officers • Owura Kwadwo Hottish recounts how GES officials nearly thwarted his visit to Singapore • He is backing calls by a fellow teacher calling for reforms in GES Owura Kwadwo Hottish, …
Read More »These are 5 reasons women find it hard to experience Orgasm
Most women find sex unfulfilling because they find it hard to climax or reach orgasm. After stimulation and excitement, the feeling ought to peek to the point of orgasm, that is a release of pleasure from head to toe. However, most women do not get to experience this. If a …
Read More »Fraud is not the best option to raise my WASSCE registration arrears – Candidate jabs critics
A 19-year-old student could miss out on the 2021 West Africa Secondary School Certificate Exams (WASSCE) if he could not raise GHC1900 withein 10days working days. Douglas Boti was billed GH₵3000 as registration fees for the 2021 WASSCE which starts on August 23, but he could only make part payment. …
Read More »Old Agbogbloshie Market Set To House Ultra Modern District Hospital Under Agenda 111
Cousin of the President, Mr Gabby Otchere Darko has just announced that the government has decided to use the old Agbogbloshie market land as a district hospital under the Agenda 111 project. In a Facebook post sighted by MyNewsGhana.net, a very delighted Mr Otchere Darko said the construction of the …
Read More »Government abandons student nurses allawance
Student nurses at the Bolgatanga Nursing Training College (BNTC) in the Upper East Region, say their allowances are in four months’ arrears. The students acknowledged that allowances for January, February, and March were paid, however, they are yet to receive allowances for April, May, June and July. Mr Benjamin Asaana …
Read More »VIDEO&PHOTOS: The abandoned Komenda Sugar Factory
JoyNews has released a documentary produced by Joojo Cobinah focusing on the abandoned Komenda sugar factory which has been rusting away since operations halted. The old factory, built-in 1964, became defunct about 30 years ago due to technical difficulties and mismanagement. “He (President Nana Akufo-Addo) promised that he will fix …
Read More »Start planning for retirement at the age of 18 – Group CEO of Old Mutual Ghana, Tavona Biza
Tavona Biza, the Group CEO of Old Mutual Ghana, has in an interview after the ɔbra Pa Retirement Salary stakeholder engagement program held in Accra, advised Ghanaian youth to start thinking of retirement and life after retirement. Speaking after the event which was themed ‘Retiring with Confidence; how to live …
Read More »Scam Alert: EOCO cautions salaried workers
The Economic and Organised Crime Office (EOCO) has cautioned salaried workers on the current scams targeting them. EOCO said it had in recent times received a number of complaints from salaried workers, who had fallen victims to these individuals. A statement issued in Accra, and signed by Madam Faustina Lartey, …
Read More »COCOBOD expects record production of over 1 million tonnes for 2020/21 season
Ghana Cocoa Board expects production to reach 1.06 million tonnes for the 2020/21 season, the Chief Executive Mr Joseph Boahen Aidoo, said on Thursday. He said with six weeks to the end of the season, the Board had recorded 1.033 million tonnes, beating the previous record of 1.024 million metric …
Read More »Akufo-Addo finally sends promised Ghc3M donation to Help save Conjoined Twins – Video
The President of Ghana, H.E Nana Addo Dankwa Akufo-Addo has finally paid the Ghc 3 million he promised as cost for surgery for the conjoined twins who went viral months ago. Nana Aba Anamoah, the forerunner for this charity project, posted a video on her Instagram account showing the Minister …
Read More »Why plenty sex is a good weapon to fight prostate cancer
Whether or not sex is good for prostate problems is a question many men wonder about, and it’s an important one that needs answering. The prostate plays an active role during sexual activity. Along with other structures, the prostate is responsible for making fluid in semen, which helps transport your …
Read More »Silenced, not gone: How CSM continues to linger behind COVID-19
Every year, tens of people die from the deadly Cerebrospinal Meningitis (CSM) disease in Northern Ghana especially the Upper West Region. The annual havoc wrecked by the disease in Northern Ghana, often dominated both local and national media space and attracting attention from the government, development partners, civil society, the …
Read More »UTAG to suspend strike; demands withdrawal of court action
The University Teachers Association of Ghana (UTAG) is expected to suspend its strike following an agreement with government to return to the negotiating table. The lecturers, according to a memorandum of understanding between them and government, will suspend their industrial action if the National Labour Commission withdraws all legal action …
Read More »Abandoning E-blocks disgraceful – Mahama to Akufo-Addo
Former President John Dramani Mahama has described the current state of the E-blocks his government was constructing nationwide under a community day school project before he lost power in 2016 as “a disgrace” to Ghana’s reputation. He told eminent traditional chiefs in a meeting held on Tuesday in the Upper …
Read More »Golden Star Resources hints at exports from oil palm plantation
The Chief Executive Officer of mining firm Golden Star Resources (GSR), Andrew Wray, has hinted at plans of certifying produce from its plantation – Golden Star Oil Palm Plantation (GSOPP) to allow for increased export prospects and consequently more income for host communities. Established in 2006 under the Alternative Livelihood …
Read More »Brewing tensions arise as strategic investor for Ghana Bauxite Company exits
• A strategic investor at the Ghana Bauxite Company has announced its exit from a mine in Ghana • The Bosai Mineral Group has made a decision to also sell 80% of its stake in the Ghana Bauxite Company Limited • The firm’s exit is due to the non-renewal of …
Read More »KUMASI: Video of priest giving St. Monica’s female students ‘holy kiss’ on pulpit goes viral
• A video of a priest kissing female students on a pulpit has attracted massive engagement on Twitter • According to the original source of the video, it was shot at a training college in Kumasi • It has received massive backlash from tweeps A video showing a priest giving …
Read More »GH¢34.8m Worth PASCO: Few schools received their books; where is the money? – IEA Jabs GES and MoE
“Education is not the filling of a pail, but the lighting of a fire”. My dear compatriots, I deem that the delays in the arrival of past questions for final year students will not impair the students.[tps_title][/tps_title] The past questions which cost the nation over GHC34.8 million cedis and are …
Read More »NPA sanctions recalcitrant bulk oil distributing companies
The National Petroleum Authority (NPA) has sanctioned some Bulk Oil distributing companies (BDCs). The licenses of these companies have been withdrawn. This is due to their inability to meet the license requirement for them to continue to operate in the industry. The NPA however did not on the names and …
Read More »TUC demands meeting with Airport MD over his alleged assault of staff
The Public Service Workers Union of the TUC has written to the Managing Director of the Ghana Airport Company requesting a meeting over the alleged assault of a union member of the Ghana Airport company by the MD. The Managing Director of the Ghana Airport Company Yaw Kwakwa is alleged …
Read More »AUDIO: Drunkards Association sends strong message to GHS over COVID-19 vaccine
The Ghana Drunkards Association has said its members cannot comply with the one week ban on alcohol intake before and after taking a COVID-19 vaccine jab. This, according to President of the Association, Moses Onyah, popularly known as Moses Drybone, will affect the health of members. The Ghana Health Service …
Read More »Girls easily develop feelings for guys who do these 3 things to impress them
You must share something in common with a girl in order for her to consider you on a deeper level. Any of the following guidelines will be incredibly helpful in getting a girl to develop feelings for you. (1) Take her out: Ask her about her favourite dinners, and then …
Read More »GHS issues alert on deadly Marburg virus
The Ghana Health Service (GHS) has issued an alert on the deadly Marburg virus disease to its regional directors following the death of a patient of the virus in Guinea. The GHS is asking health facilities in the country to initiate preparedness and response plans for the virus. Marburg virus …
Read More »Six ex-staff of FDA earned GH¢32,000 as salaries – A-G report
Ad The 2020 report of the Auditor-General has revealed that some six former staff of the Food and Drugs Authority (FDA) still continued to earn salaries even after resigning and retiring. Regulation 92 of the Public Financial Management Regulations 2019 (LI 2378) stipulates that the Principal Spending Officer of a …
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