When businesses fail, people lose their jobs, taxes decrease, the economy goes down, crime rate goes high and the citizens of the country suffer. But what factors that cause business failures in Ghana? As a leading business management software provider to Ghanaian businesses, we at Multisoft Solutions Limited want to …
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5 reasons why AI could be the future of finance
The role of the Chief Financial Officer (CFO) has expanded beyond the traditional gatekeeper to financial resources, chief accounting officer and head recordkeeper. Today, CFOs in the digital enterprise are enablers of growth and strategic advisors to the CEO. Accenture research shows that 80% of CFOs see identifying and targeting …
Read More »NIC makes move to insure imported goods
The National Insurance Commission (NIC) has disclosed that all goods imported into the country will be insured following the signing of the Cargo Insurance Company. The agreement was signed by the National Insurance Commission, Ghana Shippers Authority and the Ghana Revenue Authority. According to the NIC, the contract was necessary …
Read More »‘ERRORtoral’ Commission and Akufo-Addo’s coup d’état
When you are aggrieved and bystanders ask you to seek justice in the court, that certainly isn’t bad advice. But that advice can be bad if your adversary is in the process of taking what belongs to you and bystanders and the police, instead of helping you to take back …
Read More »Concerned student petitions UG management over double track module for 2021 academic year
Reasons why the modular system should be culled by UG management: The lethal Covid-19 pandemic has brought things to a standstill. As such, educational institutions are grappling with how to reopen schools under safe conditions without imperiling the lives of students. Universities in Ghana for instance, KNUST, UCC, and UPSA …
Read More »Coronavirus pandemic to push over 115 million people into extreme poverty – World Bank
A report by the World Bank has noted that over the past 12 months, the COVID-19 pandemic has harmed the poor and vulnerable the most, and it is threatening to push millions more into poverty. This year, the World Bank said, after decades of steady progress in reducing the number of people …
Read More »NDC challenges 2020 polls results at Supreme Court on Dec. 30
The National Democratic Congress(NDC) says it will go to court on Wednesday, December 30, 2020, to start the process to challenge the Presidential and Parliamentary election results. This was disclosed by the Member of Parliament(MP) for South Dayi constituency and a member of the Legal team of the NDC Rockson-Nelson …
Read More »Reduction in UK aid: Implication for ‘Ghana Beyond Aid’ agenda
Ghana has benefited from international aid to promote economic and social development to improve the standard of living and alleviate poverty in the country. Aid funds from international donors have been used to pursue infrastructural and social projects geared toward improving the livelihoods of citizens. In 2018, the country declared …
Read More »We’re upgrading our communication network to address prepaid challenges – ECG
The Electricity Company of Ghana (ECG) has explained that a problem of automated communication between the meters and servers is the cause of the recent challenges with prepaid meters. The ECG, in response to complaints by the Institute of Energy Security (IES) about the metering system, indicated that it has …
Read More »Ignore fake video, Akufo-Addo is the president elect – EC reiterates
The Electoral Commission has reiterated that Nana Addo Dankwa Akufo-Addo is the president-elect in the just-ended polls. This was contained in a statement following the spread of a doctored video on social media in which Jean Mensa declared John Dramani Mahama as the President-elect. The commission has called on Ghanaians to ignore the video as it …
Read More »Family of Krontihene who died in a hotel with lover visit police
The family head, widow and children of 70-year-old Eric Osei Ansere, Krontihene of Akim Chia near Ofoase in the Eastern Region have visited the police. They were taken to St Joseph’s Hospital morgue where the second son identified the deceased body as that of his late father. Sources reveal to MyNewsGh.com that …
Read More »Goldstreet Business Editorial: Chocolaty musings
What’s Christmas without feasting on chocolates and smearing the festivity with generous helpings of chocolate liquor, cocoa solids and cocoa butter! Chocolates, particularly “bitter chocolates” are in vogue across the globe but the prefix therein should cease to be the adjective that defines a cocoa farmer’s life with respect to …
Read More »Parliament approves US$10.24 million tax waivers on Assin Fosu road project
Parliament has approved a request for waiver of taxes and duties totalling US$10.24 million on materials, equipment, and services to be procured for the rehabilitation of the National Trunk Road N8 (phase 2). The duties and tax waivers comprise Import Duty, NHIL/GETfund Levy, Import VAT, EXIM Levy, Special Import Levy, ECOWAS …
Read More »Election 2020: Dumelo returns to farming after conceding defeat
Actor John Dumelo has revealed that he is going back to farming after conceding defeat in the just-ended parliamentary election to the Member of Parliament to Ayawaso West Wuogon(AWW) Lydia Seyram Alhassan. John Dumelo after Lydia Alhassan had been declared the winner of the Ayawaso West Wuogon contest wrote to the …
Read More »Rooney’s son, Kai Rooeny, signs for Man Utd
The pride of every father is to see his son long to become like him, especially when the path the father took was a good one. The same could be said of Wayne Rooney and his son as his son, Kai seeks to step in his father’s shoes by signing …
Read More »Government Resettles Kantamanto Traders Temporarily At Accra Railway Station
The Government of Ghana has provided a temporary resettlement for members of the Kantamanto Traders Association. Following the recent fire outbreak at the Kantamanto market in Accra, the Government has in consultation with the Ministry of Railways Development, has agreed to allow the traders use the car park of …
Read More »Graduating with a first-class after 14 attempts – The story of Emmanuel Sam
Emmanuel Nana Appiah Sam was denied a certificate at the Kwame Nkrumah University of Science and Technology (KNUST) after 14 attempts at graduation. He revealed on his LinkedIn page that he had pursued BSc. Agriculture and was given a maximum of four semesters (two years) to rewrite all the referred …
Read More »Ghana’s economy on a steady rebound – BoG Governor
Dr Ernest Addison, the Governor of the Bank of Ghana (BoG), has given an indication that Ghana’s economy is on a steady rebound with indicators pointing towards pre-pandemic levels. According to the BoG, their survey on consumer confidence suggests that the economic activity in the country has started picking up in some dormant …
Read More »Cocoa Processing Company Limited to increase its production
Kwaku Owusu Baah, Board Chairman of the Cocoa Processing Company Limited, says the Company is now better placed to retool and rehabilitate its obsolete plant and machinery to fully increase its production and consumption base. This he said would enable them to have full access to its processing lines and …
Read More »Officers supplying ‘weed’ to prisoners will be ‘weeded’ out – Prisons boss
The Ghana Prisons Service says it is augmenting its fight against the infiltration of contraband items into its prisons across the country, Director General Patrick Darko Missah has indicated. Prohibited items including mobile phones, cigarettes and Indian hemp have been a menace in prisons across the country, with several prisons …
Read More »Shatta Wale meets up with Hajia Bintu for an upcoming project
Popular Ghanaian musician, Shatta Wale and Ghana’s most sought after social media sensation, Hajia Bintu, have met for the first time at the former’s mansion in Accra for an upcoming feature. From what zionfelix.net has picked up, this meeting between Shatta Wale and Hajia Bintu was not for pleasure but strictly business. According to …
Read More »3 killed and 5 children injured in taxi truck crash
Three people have been killed and seven injured, mostly children, after a taxi and a truck collided near Vereeniging in the early hours of Friday. Paramedics were called out to the scene on the R59 between Sasolburg and Vereeniging where they found a taxi rolled over on its side and …
Read More »VIDEO: NPP’s Joe Anokye contradicts Electoral Commission on Techiman South votes
Joseph Anokye, the Director-General of the National Communications Authority (NCA) cum NPP election collation IT guru has contradicted the Electoral Commission of Ghana (EC) over votes cast in the Techiman South Constituency in the parliamentary election. According to him, while the party’s internal collation of the Techiman South presidential results goes to …
Read More »2020 polls: Ignore NDC’s claims; data on BVDs are intact – EC
The Electoral Commission has dismissed claims by the National Democratic Congress that it is scheming to deactivate data on the 2020 polls on the Biometric Verification Devices in order to cover-up alleged fraud in the elections. The NDC at a press conference in Accra Thursday said the EC had sent …
Read More »Hundreds of Nigerian schoolboys freed after six-day kidnap ordeal
Exhausted and dishevelled, several hundred Nigerian schoolboys seized in a mass abduction claimed by Boko Haram experienced their first full day of freedom on Friday after a nearly week-long ordeal. But relief at their survival mingled with concern that many others could still be captive, and the circumstances of their …
Read More »Beef-up personal security — Kyei-Mensah-Bonsu to MPs
Majority Leader, Osei Kyei-Mensah-Bonsu, has admonished Members of Parliament (MPs) to beef-up their personal security from now till the swearing-in of the new Parliament on January 7, 2021. He said it was important for members to make the necessary security arrangement via the security outfit of the House for their …
Read More »Eight lives lost after 2020 elections
A total of eight lives, including three minors were lost during the 2020 Presidential and Parliamentary elections. They are Zakaria Samira, 12, Musah Fuseini, 14 Botwe Tackie, 16, Abdallah Ayarek, 18; Tajudeen Mohammed, 41, Dompreh Emmanuel, 36, and Abass Ibrahim whose age was not stated. About 15 other electorate also …
Read More »Decomposing body of a pregnant woman found near Kumasi parks and gardens
The decomposed body of a pregnant woman has been found in a bush near Kumasi Parks and Gardens office at the Nhyiaeso within the Kumasi Metropolis of the Ashanti Region. City authorities reportedly discovered the body on Thursday morning when a man who went to the scene to ease himself …
Read More »Smock Weavers in Bolgatanga bemoan low patronage ahead of Christmas
Smock Weavers in the Bolgatanga Central market are complaining of poor patronage of smocks ahead of this year’s Christmas festivities. Speaking in an interview with the Ghana News Agency in Bolgatanga, Upper East Region, the Weavers attributed the situation to the outbreak of the Coronavirus disease. Mr Michael Agurayine, a …
Read More »German funded hybrid waste to energy project underway in Ghana
As nations worldwide continue to embrace the concept of waste as a resource to cherish and not to discard, Ghana is also coming up with initiatives that will not only improve the sanitation situation, but also contribute to sustainable industrial development. One such initiative is the Hybrid Waste to Energy …
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