Some students of the Takoradi Technical University (TTU) have rejected the Bachelor of Technology in Mechanical Engineering certificates issued to them by the university upon completion of the programme in 2020. They argued that before they enrolled for the course in August 2018, the authorities of TTU told them …
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BOST clears GH¢237m debt to banks – Denies claims of underperformance
Transportation Company Limited (BOST) has cleared all of its GH¢237 million debt owed to some domestic banks in the country. The money, which was owed GCB Bank, Fidelity Bank, UMB Bank and UBA Bank, was paid through government’s intervention, internally generated funds and the upward adjustment of the BOST margin. …
Read More »IMF backs tax increments to save Africa from debt distress
The International Monetary Fund (IMF) has backed African governments to use tax increments as a means of raising more revenue in order to reduce borrowing as they continue to fight the deadly pandemic. This comes on the back of the Regional Economic Outlook report – April 2021 (published by IMF), …
Read More »Student whipped 25 times at St. Stephens SHS despite law against it
A teacher at St. Stephens Senior High and Technical School (STEPSS) in Akyem Asiakwa near Kyebi in the Eastern Region has given a male student 25 strokes of cane for assaulting another student. A leaked video captured the teacher identified only as Sir Amable whipping the student who was only …
Read More »Why Rural Banks must consider listing on the alternative stock market
Rural and Community Banks (RCBs) were established with untraded shares issued and purchased mostly by the people and businesses in the catchment areas within which they operate. People residing in the communities were encouraged to own shares in these rural banks. The shares issued by these rural banks were …
Read More »Combined Pineapple Glory: Protecting the legacy and keeping Ghana in business
Early Days For many years, Ghana’s export sector focused on cocoa, gold, timber, bauxite, rubber and oil. However, during the 1980s and 1990s pineapple exports became an important area of activity. This was largely due to the vision of a few people, but it is also a sector that has …
Read More »SEC pays GH¢1.7 billion of investors locked up cash
The Securities and Exchange Commission (SEC) has paid a total of GH¢1.76 billion (GH¢1,762,767,250.32) to investors who applied for both full and partial bailout programmes as of March 31, 2021. A total of 59,180 investors received the amount. It comprises GH¢994.5 million (GH¢994,502,710.52) paid to 52,264 investors under the …
Read More »SA records more than 2,000 new Covid-19 cases in 24 hours
A driver wearing a face mask is reflected in a mirror as he is stuck in a traffic jam near a checkpoint, on the first day of a national travel ban as Indonesia halts sea, land, air, and rail travel for the Eid al-Fitr celebrations in an effort to prevent …
Read More »We stand with the school – GeyHey PTA sets records straight on why Muslim student was refused fasting
The Parent Teacher Association of the Wesley Girls’ Senior High School has expressed shock at what it says is the misinterpretation of the issues surrounding the school’s refusal to allow a Muslim student to fast during the Ramadan. According to a statement, the school PTA stated that it is quite …
Read More »Does Zinedine Zidane get the credit his Champions League wins deserve?
Zidane is the only manager in history to win three successive European Cup/Champions League titles “You don’t win three Champions Leagues, two La Liga titles and 13 out of 14 European knockout ties if you are not a good manager, this is crazy.” When French football journalist Julien Laurens frames …
Read More »Methodist Church’s response to Ramadan saga unfortunate – Fmr. GES boss
A former Director-General of the Ghana Education Service (GES) Michael Nsowah has expressed disappointment over the Methodist Church’s response to the ongoing impasse over fasting by Muslim students at Wesley Girls’ SHS. The Methodist Church of Ghana has rejected a directive by the GES to allow Muslim students at the …
Read More »Fuel margins reduced to 9 pesewas
The 17 pesewas per litre increase in fuel margins as announced weeks ago by the National Petroleum Authority (NPA) has been reduced. Effective Wednesday, May 5, 2021 prices of petroleum products at various pumps will witness a decrease of 9 pesewas per litre. A communique sighted by GhanaWeb said, this decision …
Read More »Mourinho: Why Roma job will be like no other for former Chelsea, Man United & Tottenham boss
Jose Mourinho has had one previous spell in Italy – where he managed Inter Milan to Champions League success, two Serie A titles and a Coppa Italia triumph Among the different activities of his business empire, the American owner of AS Roma Dan Friedkin is also a Hollywood movie producer …
Read More »Methodist Church rejects GES directive to allow Muslims fast
The Methodist Church of Ghana has rejected a directive by the Ghana Education Service to allow Muslim students at the Wesley Girls’ Senior High School to fast during Ramadan. The GES directive followed a decision by the Headmistress of Wesley Girls’ High School not to allow Muslim students at the …
Read More »Expect 40% increment in transport fares – True Drivers Union
transport fares True Drivers Union has served notice of a 40 percent increment in transport fares soon. This according to the Union is in response to the impact of the upward review of Petroleum prices by government. Petroleum consumers are expected to pay more for fuel at the pumps, following …
Read More »Government to establish Mental Health Fund – Health Minister
Government is working towards the establishment of a mental health fund to be financed from the mental health levy, Kwaku Agyemang Manu, the Minister of Health, has said. According to him, the fund when established, would help in the successful implementation of the new mental health policy. Mr Agyemang …
Read More »High cost of production killing manufacturing industry – GUTA
The Public Relations Officer (PRO) of the Ghana Union of Traders’ Association (GUTA), Joseph Paddy has shared that it is quite expensive to run a manufacturing business in Ghana. According to him, this high cost of doing business makes it unattractive for Ghanaians to operate manufacturing industries and create …
Read More »Ghana overtaking South Africa in gold production good news but could be disastrous
Chief Executive Officer (CEO) of Songhai Group, Mr Hene Aku Kwarpong, has noted that although it is good news that Ghana has overtaken South African as the leading producer of gold making it number one, this development has the propensity of rather creating problems for the West African nation. He …
Read More »U/W: St. Mary Immaculate JHS in dire need of infrastructure
Saint Mary Immaculate Junior High School at Duotang in the Nandom Municipality of the Upper West Region is in a dire need of infrastructure to enhance teaching and learning. The school currently has no staff common room and an office to keep the certificate of past students as well as …
Read More »Stock market capitalisation jumps by GH¢3.64 billion in April 2021
The value of the Ghana Stock Exchange grew by GH¢3.64 billion in April to GH¢60.8 billion, as the market’s bull run since the last quarter of 2020 continues. At the end of trading in April, the GSE Composite Index achieved a year-to-date return of 31.93 percent compared with 13.99 percent …
Read More »70% of 2020 WASSCE candidates are Nigerians but Ghana clinched 411 ‘8As’ to their 54 – Bawumia
Ghana’s Vice-President, Dr Mahamudu Bawumia, has said even though 70 percent of the students that sat the 2020 West African Senior School Certificate Examination (WASSCE) were Nigerians, Ghanaians students got more 8As than their Nigerian counterparts. In his view, contrary to pessimistic views that the introduction of the Free Senior High …
Read More »Ghana’s economy ranked 8th biggest in Africa
Ghana’s economy has ranked 73rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8th largest economy in Africa. The 2020 figures are not expected for another year. According to the World Bank, Ghana’s economy stood at about US$67 billion in size …
Read More »Ghana’s economy ranked 8th biggest in Africa
Ghana’s economy has ranked 73rd in the world in terms of Gross Domestic Product (GDP) for the year 2019 making it the 8th largest economy in Africa. The 2020 figures are not expected for another year. According to the World Bank, Ghana’s economy stood at about US$67 billion in …
Read More »Alleged ‘wee smokers’ invade Tabre JHS, assault teacher and students
A teacher and some students in the Tabre Methodist JHS in the Atwima Nwabiagya North District of the Ashanti region have reportedly been assaulted by an alleged group of “wee smokers”. According to reports, some teachers and students of the school had earlier called on the police to arrest …
Read More »Allow Muslim students to fast – GES to Wesley Girls
The Ghana Education Service (GES) has directed management of Wesley Girls’ High School to allow Muslim students at the school to fast in the ongoing Ramadan. It comes after reports that the headmistress of the school has denied a Muslim student her right to fast during the ongoing Ramadan. The development …
Read More »No plans to relocate to Ghana yet – Twitter Co-Founder reacts to Minister’s claim
Co-Founder and Chief Executive Officer of Twitter Inc. Jack Dorsey has debunked assertions that he was relocating to Ghana soon. His reaction comes after Ghana’s Communications and Digitalisation Minister, Ursula Owusu-Ekuful, had indicated that Jack Dorsey was expected to move to Ghana in June as part of plans to establish Twitter’s …
Read More »VIDEO: Agradaa Returns 3 gods To Togbe Akakpo
Self-acclaimed evangelist Patricia Oduro aka Nana Agradaa has finally returned 3 deities she borrowed from other fetish priests when she was a fetish priestess. In a recall, some of Nana Agradaa’s deities were burned down in her shrine with the help of her spiritual father Pastor Joseph Kwadwo Kyere of …
Read More »Court grants injunction stopping Stanbic Bank from holding Annual General Meeting
Management of Stanbic Bank Ghana have, by an Accra High Court injunction, been restrained from holding their 22nd Annual General Meeting. Scheduled for May 5, 2021, the court barred management of the Bank from holding the meeting “on the 4th floor, Stanbic Heights, Airport, Accra or any venue in Ghana …
Read More »Ghana loses US$6 billion yearly in mining sector – Dr. Ali-Nakyea
Curbing illicit financial flows will be one of the surest ways for the government to raise money to fund the budget and other development projects, Dr Abdallah Ali-Nakyea, Senior Lecturer of University of Ghana Law School, has said. He alleged that in the mining sector alone, the government lost $6 …
Read More »Workers of Kumasi abattoir want MD sacked
A meeting between management and workers of the Kumasi Abattoir Company Limited is expected to be held later today, Friday, after a protest nearly halted operations at the slaughter house. The aggrieved workers are demanding the immediate removal of their Managing Director Joseph Owusu Boadi, who has been accused of …
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