The Securities and Exchange Commission (SEC), has begun drafting a new guideline on third party and related transactions that will prevent misapplication and misappropriation of investment funds by fund management firms. The collapse of some management firms was attributed to a third party and related transactions. The deputy director …
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Italian warship berths in Tema port to collaborate with Navy in tackling piracy surge in Gulf of Guinea
An Italian warship, Luigi Rizzo with a crew of soldiers of about 187, has berthed at the Tema Port to engage the Ghana Navy in a collaborative exercise aimed at curbing the growing activities of pirates off the Gulf of Guinea. According to statistics, piracy off the Gulf of Guinea, …
Read More »Resign over ‘non-Akan’ NPP flag bearer comment – Northern NPP group to Kyei-Mensah-Bonsu
A group calling itself Concerned Northern Grassroots of the governing New Patriotic Party (NPP) has condemned Majority Leader Osei Kyei-Mensah-Bonsu for suggesting that the party go for a non-Akan as its next flag bearer. The Minister of Parliamentary Affairs, recently said in an interview that: “Inwardly, I know I have the competence to lead …
Read More »School children without classrooms left stranded
The projects were completed almost a year ago, but the pupils and students are yet to benefit from them, as they have been denied access to the classrooms. The situation is being blamed on the inability of officials to take over the school blocks from the contractor due to the …
Read More »It’s absurd to get PhD in four months – Ransford Gyampo
Prof Ransford Edward Yaw Gyampo, a Political Science Lecturer at the University of Ghana has said it is an absurdity for any individual to acquire a Doctor of Philosophy (PhD), Master and a Bachelor’s Degree in four months. He said anybody who will make such an assumption is making such …
Read More »Mani Mandela nominated for Ghana Music Icons Awards Afropop Artiste of the Year
Fast rising musician Mani Mandela has been nominated for the “Afro pop Artiste of the Year” for the maiden edition of the Ghana Music Icons Awards. Voting for the award scheme is ongoing and is expected to end on 10th April, 2021. His latest hit single “Gbelemo” is enjoying massive …
Read More »FIFA bans Chad from football activities for life – DETAILS
Global football governing body, FIFA has banned Chad from football until further notice. The decision was taken by the Bureau of the Fifa Council on Wednesday and takes effect immediately. Note that in December 2020, Fifa had rejected a request from the country’s ministry of sports to dissolve the Chadian Football Federation. …
Read More »Bawumia launches NPA’s Digital Retail Outlet Fuel Monitoring System
The Vice-President, Dr. Mahamudu Bawumia has launched an innovative Digital Retail Fuel Monitoring System by the National Petroleum Authority (NPA) in Accra. The Fuel Monitoring System, which allows fuel in OMC tanks across the country to be monitored by NPA, will curb illicit activities in petroleum downstreaming, such as unauthorised third party …
Read More »Koforidua: Class 4 pupil from School crashed to death
A 10-year-old class four (4) pupil Osei Owusu Kuffuor has been knocked down to death by a vehicle at Koforidua -Oyoko in the Eastern Region while returning home from school. The incident occurred at about 2:00pm Tuesday, April 6, 2021. Information gathered indicate that the victim was knocked down by …
Read More »GES apologises over SHS 3 reopening postponement
The Ghana Education Service (GES) has apologised to all stakeholders for the late communication of the postponement of reopening of senior high schools for final year students. The Service announced its decision to postpone reopening on Tuesday, April 6, same day the Form 3 students were supposed to report school. …
Read More »Second Rastafarian student sues Achimota School over admission refusal
Achimota School has been sued again in the matter concerning its decision to deny admission to a Rastafarian student last month. The latest suit is by Oheneba Kwaku Nkrabea, who according to court documents is being a minor, is suing through his next friend, Marvin Palmer. The suit, deposited …
Read More »JUST IN: Fire outbreak at Korlebu Teaching Hospital [ VIDEO]
Video posted by a staff of the Korlebu Teaching Hospital indicates that there is a fire outbreak at the Hospital. According to the narration on the video, the staff of the Hospital are currently trying their best to evacuate the babies from the hospital to safety. The fire at the …
Read More »1D1F: B5 Plus Ltd reveals huge investment in new pre-fabrication and manufacturing plant
Mukesh Thakwani, the Chief Executive Officer of leading steel and iron manufacturing company in West Africa B5 Plus Limited, has commended the Government for the implementation of One District One Factory. According to him, under the leadership of President Nana Addo and the existence of the 1D1F program B5 plus …
Read More »GSE is Africa’s best stock market in 2021 Q1
The first quarter (Q1) of 2021 saw the Ghana Stock Exchange top the African stock market with an annual return of 14.62% in dollar term for investors. The performance of the market translated into an improved market capitalization of GH¢57.16 billion at the end of March this year. The …
Read More »FDA warns against consumption of washed-ashore fishes
LISTEN 6 HOURS AGO 1 The Food and Drugs Authority (FDA) has warned the public against consuming any unwholesome following reports that the fish washed ashore at the Osu Castle beach may have been sent to various markets. According to the Authority, it has also begun laboratory investigations to ascertain whether such …
Read More »Accra Sewerages Systems to expand its operations
The Accra Sewerages Systems Ghana Ltd is set to expand and upgrade its liquid waste treatment plant and technologies to treat more liquid waste within Accra and its environs. The expansion project which is going to be undertaken by EMO, an environmental technology company based in France will help increase …
Read More »VIDEO: “I Have Finished All The Topics In SHS Mathematics” – Brilliant Rasta, Tyrone Marhguy Reveals
The dreadlocked Junior High School graduate, Tyrone Marhguy, who has been denied admission to Achimota School, due to his hairstyle has made an astonishing revelation regarding his love for Mathematics. In an interview with famous blogger Ameyaw Debrah, Tyrone, who is part of a triplet set recounted how he ended up selecting Achimota …
Read More »Police bust eight fans who jumped stadium wall to watch Hearts – Aduana clash
Some passionate fans have been picked by the police for jumping a wall to watch the Ghana Premier League clash between Accra Hearts of Oak and Aduana Stars. The fans, believed to be Hearts of Oak sympathizers climbed over the wall at the Accra Sports Stadium and jumped inside to watch the …
Read More »Cedi rated best currency in Africa for 2021 Q1
Ghana’s local currency has ended the first quarter of 2021 on a high note with a year-to-date appreciation of 0.6 percent to the US dollar. This means the Ghanaian cedi has outperformed some other prevalent 15 currencies in Africa making it the best performing currency. These include the Egyptian pound, …
Read More »Licensed chemical sellers advised to refer rabies victims to appropriate health facilities
Dr. Geoffrey Akabua, Deputy Director of Veterinary Services in Charge of Veterinary Public Health and Food Safety, on Tuesday, appealed to licensed chemical sellers to direct people who report to them with dog bite complaints or cases suspected to be rabies, to the nearest hospital and appropriate health facilities. He …
Read More »Finance Ministry is the biggest problem for the energy sector – Energy Expert
Energy Expert Mr Kojo Poku has blamed the problems in the energy sector in Ghana on the Ministry of Finance. He has therefore asked the general public not to question the Energy Ministry for the issues in the power sector. His comments come after the Ghana Grid Company Limited …
Read More »How weak accountability system costing Ghana billions
Co-founder of the Center for Democratic Development, Professor Baffour Agyeman-Duah has indicated that Ghana’s history of poor accountability and incessant borrowing is responsible for its current and future economic woes. Recounting what he called a “very progressive movement” in debt accumulation, Prof Agyeman-Duah, traced a steady increase in Ghana’s national …
Read More »VIDEO: Ghana’s economy will bounce back – Akufo-Addo reassures
President Nana Addo Dankwa Akufo-Addo has reassured Ghanaians the economy will bounce back despite the ravaging effects of the coronavirus pandemic. According to him, government is determined to outline a series of measures to revive and revitalise the economy. ”I know that, as a result of the pandemic and its impact …
Read More »Man murdered, body dumped in Juaboso stream
murdered A man, believed to be in his forties, has been allegedly murdered and his body dumped into a stream in the Juaboso township. The known car decorator was discovered naked while laying in the Benzi-Mata stream. According to witnesses, the victim is likely to have been murdered as he …
Read More »GRIDCo fails to collect GH¢234m from customers – A-G’s report
GRIDCo sub station Contrary to Section 91(1) of the new Public Financial Management Act (PFMA) 2016, and Clause 16.1 of the Ghana Grid Company Limited (GRIDCo) transmission agreement with customers, the management of the state transmitter “did not collect from 10 customers a total of GH¢234,338,331, which has been outstanding …
Read More »‘April Fool’s Day’ pranks can cause cardiac arrest – Psychologist
The Vice President of Ghana Psychology Association, Reverend Albright Banibensu, has cautioned against negative pranks as they can cause cardiac arrests. “Persons with underlying anxiety disorders can have cardiac arrest out of pranks so we have to be careful with this April fool’s pranks,” he told the Ghana News Agency …
Read More »Christopher Mbii wins MTN Invitational Golf tourney at Achimota
Banker and amateur golfer, Chris Mbii from the Tafo Golf Club emerged winner of the first 2021 MTN Invitational Golf tourney held at the Achimota Golf Club. Mbii played handicap two to record 40 points to win this year’s first MTN Invitational Golf tourney ahead of Church Ansah who …
Read More »TOR rejects Woodfield’s allegations of fuel shortfall
The Tema Oil Refinery (TOR) on Thursday rejected allegations from one of its clients; Woodfields Energy Resources Limited of a shortfall on its product volumes being held in the Refinery’s tanks. This was contained in a statement signed by the Corporate and Public Affairs Manager of TOR and copied to …
Read More »Ghana’s Central Bank releases list of approved e-money issuers, payment service providers
A list from the Bank of Ghana of all approved regulated companies to operate as electronic money issuers and payment service providers for business transactions in the country has been released. Five of them are dedicated electronic money issuers while the rest are 21 payment service providers, a report on …
Read More »Online Lottery Portals Will Render Over 2 million Indigenous Operators Jobless – CLAAG
The executive secretary of the Concerned Lotto Agents Association of Ghana (CLAAG), Mr Kwaku Duah Tawiah has hinted that over two million people in the private lotto business will go jobless with the introduction of the online lottery, managed by KGL Technology, under the National Lottery Authority(NLA). According to …
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