The Police have reportedly arrested An Emergency Nursing student of the Kwame Nkrumah University of Science and Technology, Simon Awini Ayamga. Simon Awini’s arrest comes after he reportedly threatened to burn down the Supreme Court of Ghana. According to a report by GhanaXtra, Simon while commenting on WhatsApp group warned …
Read More »BUSINESS
Top American universities chase 2020 best WASSCE candidate from Mfantsipim School
Cecil Tetteh Kumah, a 16-year-old student of Mfantsipim School, Cape Coast, who emerged overall best candidate in the West African Secondary School Certificate Examination (WASSCE) 2020 has made history as one of the few people in the world to have the luxury of ‘bouncing’ offers from IVY League institutions. The …
Read More »Delay in post Brexit Ghana-UK Agreement threatens jobs and livelihoods
More than 15,000 direct and indirect jobs are currently being affected negatively due to the failure of Ghana and UK to sign a post-Brexit trade agreement that allows Ghanaian fruit producers’ tariff-free access to the UK market as exists under the Economic Partnership Agreement (EPA). Ghana and UK failed to …
Read More »Menzgold saga: Forget about your locked-up cash – Ken Thompson to customers
The Chief Executive Officer of Dalex Finance, Ken Thompson, has said there is no way customers of the defunct gold dealership firm, Menzgold, will recoup their lost investments. Unless out of sympathy the government decides to pay them their locked-up funds, they should not think of being able to recover their …
Read More »T-Bills oversubscribed 96%; interest rates fall
Rates of Treasury securities have fallen as government recorded 96% oversubscription of its latest Treasury bills sale, figures from the Bank of Ghana have revealed. The figures further indicated that investor interest in the government’s short term securities continues to soar, particularly the three-month T-Bills. However, the government’s decision to …
Read More »Universities’ Senior Staff suspend strike
The Senior Staff Association of Universities of Ghana (SSA-UOG) has suspended its industrial action. Members of the association have been on strike for close to three weeks in protest of delay by the government to pay outstanding Tier-2 contributions of their retired members. The suspension follows an interlocutory injunction secured …
Read More »Kumasi traders to embark on strike
Traders at the Kumasi Central Market are threatening to boycott activities in protest of what they claim to be their relocation with no adequate accommodation arrangement. The city authority has accused the traders of failing to move to designated areas to pave way for the second phase of the market …
Read More »2020 FRANCOPHONIE French Quiz Competition Held In Accra
The final results of the 2020 edition of the Francophonie French Quiz Competition have been released. The quiz is organized annually to enrich and revive the spirit of the study of the French language among Ghanaians. Announcing the results during the last program for the Primary School category, which …
Read More »Eat cocoa products to boost immune system to fight coronavirus – COCOBOD CEO
The Chief Executive Officer (CEO) of Ghana Cocoa Board (COCOBOD), Mr Joseph Boahen Aidoo has entreated Ghanaians to consume more chocolate and other cocoa products daily since they contained antioxidants to fight the coronavirus disease. According to him, this will boost their immune system to withstand the infectious disease. …
Read More »International tourism to Ghana declines by almost 70 percent – GTA
Figures related to international tourism to Ghana showed a 69 percent decline in 2020, the Ghana Tourism Authority (GTA) has revealed. The authority explains the shortfall can been attributed to the adverse impact of the Coronavirus pandemic amid travel restrictions and lockdowns. Nelson Jones, the Acting Director of Public Affairs at the …
Read More »Those who say our cars are substandard don’t own a single car – Kantanka CEO
The Chief Executive Officer of Kantanka Automobile, a Ghanaian-owned automobile manufacturing and assembling company, Kwadwo Safo Kantanka Jr, has debunked claims that their cars are not built to meet international standards. He believes that people consider their cars to be substandard “just because it’s a black man who made it.” …
Read More »COVID-19: Close schools now – GMA to gov’t
The Ghana Medical Association (GMA) says schools in the country must be shut down in order to control the rising spread of Coronavirus in the country. The call comes in the wake of increasing fatalities among COVID patients in the country. The death rate of the virus has reached 464 …
Read More »Bank lending rates falling – Report
Even though the Bank of Ghana has announced that it is maintaining its benchmark Monetary Policy Rate at 14.5 percent for the next two months, borrowers are benefitting from the fact that interest rates continue to fall in Ghana despite government’s unprecedented demand for fiscal deficit financing. Ultimately monetary easing by the …
Read More »Ghanaians express displeasure at venue for COCOBOD’s launch of Chocolate Day
A cross section of the Ghanaians on social media have expressed strong disapproval over the venue selected by the Ghana Cocoa Board (COCOBOD) to mark the National Chocolate Week celebration in Accra. Commentators on the incident on Thursday, February 4, 2021 seem to question the rationale of the organisers, COCOBOD, …
Read More »Recruitment of doctors, dentists to begin 9 Feb
Recruitment of medical doctors and dentists who have completed their house jobs into the Ministry of Health, will commence on Tuesday, 9 February 2021. This was announced by the Ministry in a statement issued by its Acting Chief Director, Kwabena Boadu Oku-Afari on behalf of the Minister. The statement informed …
Read More »Tomato traders assoc. to embark on strike from 7 Feb.
The Tomato Traders and Transporters Association of Ghana will embark on a strike action effective Sunday, 7 February, 2020. The strike action by the association is in protest against the spate of armed robbery attacks on its members on the Kumasi-Bolga-Burkina Faso road. According to the group, seven of its …
Read More »Government gives Ave SHS a new bus
Ave Senior High School (AVESCO) in the Akatsi North District has received a donation of a new bus from the government. The 5×23-seater bus with registration number, GV 2196-20 was one of the 100 buses donated to second cycle institutions across the country. Until the donation, the School had just …
Read More »Consumer, business confidence in economy high – BoG
Consumer and business confidence in the Ghanaian economy continues to soar in spite of the difficult macroeconomic challenges facing the country, the Bank of Ghana (BoG) has said. Governor of the BoG, Dr Ernest Addison who disclosed this in a press statement on the 98th meeting of the Monetary Policy Committee (MPC) …
Read More »Ghana and UK finalise deal to provide duty free access to the UK market
Ghana and the United Kingdom (UK) on Thursday February 4 finalised an agreement that will provide duty-free and quota-free access for Ghana to the UK market and preferential tariff reductions for UK exporters. Ghana’s Trade Minister Alan Kyerematen in a tweet said “I am pleased that we have finalised a new Interim …
Read More »Rolls-Royce eyes Africa as new energy market with deals push
Rolls-Royce Holdings Plc is betting on expanding in Africa to grow the power-systems division after its main business building and maintaining wide-body jet engines was derailed by the coronavirus. The continent’s abundant natural resources, fast-growing economies and increasing urbanization make it a promising market for the unit, Rolls-Royce Strategic Marketing …
Read More »KNUST to hold virtual matriculation ceremony for 2020/2021 fresh students
Students admitted into the Kwame Nkrumah University of Science and Technology this year will be matriculated via an online ceremony. The decision to hold a virtual ceremony is a result of the increasing cases of COVID-19 in the country. The ceremony has been scheduled for Tuesday, February 9, 2021. KNUST is not …
Read More »Good News For Tenants As Rent Control Department Initiate Pricing Policy
Well, it appears the long overdue cry of most tenants in Ghana is yielding result as the department in charge has made a stride. According to reports, the Rent Control Department says Landlords do not have the right to increase their rent charges without permission from the department. According to …
Read More »Finance Ministry releases GH¢1.2billion part payment to ECG, GWCL
The Ministry of Finance has released an amount of GH¢1.2 billion as part payment to the Electricity Company of Ghana (ECG) and the Ghana Water Company (GWCL) for the freebies they gave out last year as part of the government’s measures to curb the spread of the coronavirus pandemic. According …
Read More »Economic recovery will be prolonged – Bank of Ghana cautions
The Bank of Ghana (BoG) has expressed fears that economic recovery from the havoc wreaked by the COVID-19 pandemic will take longer than initially anticipated. It said although economic activities had picked up quite well following a contraction in the second and the third quarter of last year, the resurgence in the pandemic earlier …
Read More »AfricaWorks joins forces with Seedstars and enters the Innovation market in Africa
AfricaWorks is welcoming the vibrant Seedstar spaces across its continental network to strengthen support to its entrepreneur’s panafrican community. 2 February 2021 – AfricaWorks, the first uniquely pan-African flexible workspace provider, today announced an agreement to partner with Seedstars’ African locations in Abidjan, Cairo and Dar es Salaam. …
Read More »FULL TEXT: Bank of Ghana’s 98th Monetary Policy Committee conference
Good morning, Ladies and Gentlemen of the Media. Welcome to the 98th Monetary Policy Committee (MPC) press briefing, and the first in the year 2021. The MPC met last week and reviewed recent global and domestic developments including the outlook for the economy. Permit me to share with you highlights …
Read More »CHY Century operating a ponzi scheme through CHY Mall – EOCO warns public
The Economic and Organised Crime Office (EOCO) has advised the general public to desist from doing business with CHY Century Heng Yue Group Limited/Sairui E-Commerce Ghana Limited. According to EOCO, upon monitoring the activities of the Chinese company for some time, it has realized that the CHY Century Heng Yue …
Read More »Gov’t to provide laptops for all teachers
The Ghana Education Service (GES) has announced plans to secure laptops for all teachers in the country. The GES Director General, Prof. Kwasi Opoku-Amankwa who announced this in a letter to teacher groups said the development is in consultation with all the teacher unions and each teacher must compulsorily have …
Read More »Why schools have not been closed despite coronavirus restrictions
Despite the surge in the cases of COVID-19 in the country, and government’s subsequent reintroduction of restrictions on funerals, weddings, concerts, theatrical performances and parties until further notice, schools have still not been closed. According to President Nana Alufo-Addo, the situation in the various schools is being monitored for an …
Read More »COVID-19: Seven doctors dead so far – GMA
The Ghana Medical Association (GMA) has said seven doctors have so far died of COVID-19 since it emerged in the country. Five of the doctors died last year with two passed this year, President of the Association Dr. Frank Ankobea told Morning Starr Monday. “The number of doctors who are …
Read More »