BUSINESS

Tema Oil Refinery MD, deputy fired

The Managing Director (MD) of Tema Oil Refinery (TOR), Francis Boateng, has been sacked from his post, together with his deputy, Ato Morrison. The duo, who had been at the helm of the troubled state-owned refinery since May 2020, were reportedly served with their dismissal letters last Friday June 11, …

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Proposed new gold mine to reverse production slump

After several years of lull with regards to new gold mines, Ghana is finally about to get one, as Canadian junior, Newcore Gold has announced a preliminary economic assessment (PEA) for its Enchi gold project. It outlines plans for an open pit and heap leach operation processing 6.6 million tonnes …

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Ghana Inflation falls to unexpected record low

  Ghana’s inflation rate dropped its lowest level since the start of 2013, at 7.5 percent in May, which is less than the median of the Bank of Ghana’s target band of between 6 percent and 10 percent. The fall in headline consumer price inflation from April’s level of 8.5 …

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See this 1958 graduation photo from the KNUST

  In 1958, the setting for a university graduation was obviously not as flamboyant as we have them today but the essence of those events cannot be said to have been any less. In this photo of a graduation ceremony from the Kumasi College of Technology, now the Kwame Nkrumah …

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GRA introduces rent tax – Commissioner-General

• Implementation of rent tax will kick off by end of this year • Rent tax must be paid within 30 days after the rent income is received by landlords or property owners • Payment of the rent tax can be made at the nearest Domestic Tax Revenue Division Office …

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EPA issues conflicting permits to Yenyeya mining company

Starr News has uncovered two conflicting permits said to have been issued from the headquarters of Ghana’s Environmental Protection Agency (EPA) to favour a Chinese mining company against a Ghanaian mining firm. Some staff at the EPA headquarters confirm that the Ghanaian company— Yenyeya Mining Enterprise— had received from the …

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2,143 test positive for HIV

The USAID Strengthening the Care Continuum Project in collaboration with the Ghana Health Service (GHS) has, between October 2020 and March 2021 tested almost 30,000 people for Human Immune Virus (HIV) with 2,143 individuals testing positive. The USAID Strengthening the Care Continuum Project is designed to improve the capacity of …

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New system launched to curb Mobile Money fraud

  In response to the growing menace of mistrust and scams within the online commerce space, a new Mobile Money escrow service called Move Secure by Nsano has been launched to facilitate safe and secure transactions on Mobile Money. The service operates by “holding money in trust till both vendor …

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Government to renovate all dilapidated public basic schools

Dr Yaw Osei Adutwum, the Minister of Education, has announced plans by the Ministry to begin rehabilitating all old and dilapidated basic schools across the country. This is to make sure that the schools were safe, attractive and conducive for effective teaching and learning. Dr Adutwum said this when he …

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Fire destroys part of Elmina fish market, two injured

Two persons were Monday injured in an inferno, which burnt fresh fish and property worth thousands of cedis the Elmina Fish Market, leaving fishmongers and fishermen devastated. The fire engulfed a wooden shed where several drums of premixed fuel are kept with fishing inputs. One of the victims, whose injuries …

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8 Bites for Your Bits: Your Vagina’s Favorite Foods

Balancing health below the belt Unbalanced pH. Sounds like chemistry class, right? Add the word vaginal, and then it’s enough to make us squirm. Literally — because when you feel different down there, like with a new odor or more-than-usual discharge, it could be a sign that your vaginal pH is off. …

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Check out 5 important health benefits of coconut water

Coconut water has become a very trendy beverage in recent years. It’s tasty, refreshing, and has loads of benefits to your health. Coconut has a lot of vital nutrients, including minerals that most people don’t get enough of. Here are some health benefits of consuming coconut water. 1. Serves as …

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VIP Jeoun Transport announces 22% increase in fares to all destinations

 viptransportservicesviptransportservices Managament of bus terminal VIP JEoun have announced new prices for the various routes they ply with an average of 22% increase across all routes based on MyNewsGh.com computations. Without stating the reason for the increment, it comes on the back of similar increments by the True Drivers, the …

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5 natural foods to help boost your s3x life

Such is the significance of the foods we eat that they can also affect our sex life, either positively or negatively. Every Dick and Harry knows that the importance of food to the human body cannot be overemphasized. But what is unknown to most people is that the food we …

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Takoradi Gold sues Minerals Commission for unlawful assignment

Ghanaian owned licensed large-scale mining operator Takoradi Gold Ghana Limited is suing the regulator of the country’s mining industry, the Minerals Commission, for what it claims are attempts to divert two of its mining concessions to another company. Takoradi Gold contends that the moves by the Commission to hand over …

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Ghana records biggest fall in gold production in 16 years

Ghana’s gold production dropped 12.1 per cent to 4.02 million ounces in 2020 Sat, 5 Jun 2021Source: GNA Ghana’s gold production dropped 12.1 per cent to 4.02 million ounces in 2020 compared with 4.57 million ounces in 2019, representing the biggest fall in 16 years, the Ghana Chamber of Mines said …

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