The policy rate will remain at 14.5 per cent, Governor of the Bank of Ghana (BoG), Dr Ernest Addison, has revealed. Also, estimated growth in 2020 will be between 2 and 25 per cent. This follows a decision taken to that effect by the Monetary Policy Committee. Dr Addison made …
Read More »BUSINESS
Secessionists group planned to kidnap ministers, ‘blow-up’ dams – Oppong-Nkrumah
Secessionist group calling itself Western Togoland Restoration Front (WTRF) didn’t only intend to block roads or burn tyres. They also had plans of kidnapping and blowing up of dams. Government has been accused of failing to gather intelligence on the recent secessionist resurgence. However, Information Minister said it was due …
Read More »Nine new model schools to be completed by end of 2020 – Education Minister
The Minister for Education, Dr. Matthew Opoku Prempeh, has assured President Nana Addo Dankwa Akufo-Addo that the nine model schools being constructed by government will be completed by the end of the year. According to Matthew Opoku Prempeh, the establishment of these new senior high schools comprises the construction of …
Read More »Stray animals invade ‘abandoned’ schools, defecate on desks
Weeds and domestic animals have taken over a number of basic and second cycle institutions in the Northern and North East regions where Zoomlion Ghana Limited is currently disinfecting against the deadly Coronavirus. The compound of the schools that have since March this year been closed due to the outbreak of …
Read More »Accounts of customers of defunct financial institutions credited – CBG
The accounts of all customers of defunct microfinance, savings and loans and finance houses have been fully credited with the cash value of their estimated bonds, Mr Daniel Wilson Addo, the Managing Director of Consolidated Bank Ghana (CBG) hs said. In a statement copied to the Ghana News Agency, Mr …
Read More »Conor McGregor To Fight Manny Pacquiao In 2021
Conor McGregor will step back into the boxing ring against Manny Pacquiao after it was confirmed a deal is close to being finalised for the two to stage a fight in the Middle East next year. The UFC superstar posted a series of tweets on Friday night explaining his inactivity …
Read More »Government secures amended power purchase agreement with CENIT Energy
Government and CENIT Energy Limited (CEL), a Ghanaian independent power producer, have successfully secured terms for an amended Power Purchase Agreement (PPA). Per the agreement, CEL has decided to convert its power plant into a tolling structure and transfer all resulting cost savings to ECG. A statement issued by the …
Read More »Finance Minister briefs House of Chiefs on Agyapa Royalties deal
Mr Ken Ofori- Atta, the Minister for Finance has appeared before the National House of Chiefs to brief members on the concept and benefits that Ghana would derive from the Agyapa Royalties deal. The move formed part of a broader stakeholder consultation being undertaken by the Ministry to explain the …
Read More »Local goods without ‘Made in Ghana’ logo will soon not qualify for export – Trade Ministry
The Ministry of Trade and Industry has indicated that all products that are locally produced but do not have the Made-in-Ghana logo embossed on them will soon not qualify for export. The move, according to the Ministry, forms part of efforts to ensure that quality products are made in Ghana …
Read More »VIDEO: Parents warned over SHS school placement
Officials of the Computerised School Selection and Placement System (CSSPS) have advised parents not to leave their wards’ school placements in the hands of teachers. Rodney Nkrumah Boateng, an official of CSSPS from the Education Ministry, speaking in an interview on Adom FM’s morning show Dwaso Nsem on Thursday, revealed …
Read More »SHSs in Volta region disinfection ongoing
Secondary schools in the Volta region totaling 129 are currently undergoing the third phase of disinfection. Some of the schools disinfected on the first day in the Volta Region were Ola Girls SHS, Wallahs Academy SHS, Prosper College, Mawuko Girls’ High school, Mawuli SHS, Adaklu SHS among others. …
Read More »South Africa about to reopen, but not to everyone
South Africa plans to begin a gradual and cautious resumption to opening its borders to international travel on October 1. President Cyril Ramaphosa warned, however, that travel may be limited to countries that do not have high infection and transmission rates. The list of permitted and prohibited countries has yet …
Read More »KGL, NLA and Association of Lotto Marketing Companies Partner to Set Up Welfare Fund
There is tension on the Kpong-Akosombo road as members of the Western Togoland have mounted roadblocks at Akrade preventing vehicular movement. The group said to be wielding guns and sticks amid chanting of war songs mounted the roadblock around 3:00am Friday. Members of the group attacked two police stations in …
Read More »5 types of women that men don’t want to marry
For many men, these categories of women are quite unappealing: 1. Bossy babe Women like this just can’t help it. They order your steps, want to be in involved in making every decision with you and that would have been cool if it stopped there. But most times they extend the …
Read More »GNAT Pushes For ‘One Laptop, One Internet Modem’ For Teachers
The Ghana National Association of Teachers (GNAT) is advocating for a “one laptop and one modem per teacher” policy to support teachers in enhancing the learning experience of students within the COVID-19 period. Interacting with teachers at it 2020 stakeholders forum, President of GNAT, Mrs Philippa Larson noted that teachers …
Read More »Akufo-Addo increases Cocoa price from GHS514 to GHS660
President Akufo Addo has announced a new cocoa producer price for the 2020/2021 cocoa season from Ghc514 per bag to GHS660. He made the announcement at Sefwi Wiawso in the Regional Capital Western North Regional during the launching of the National Cocoa Rehabilitation Programme on Thursday. “Cocoa producer price as …
Read More »Okada riders detail how they ensure the safety of passengers
Executives of the Okada Riders Association in Ghana have said that granted that the Okada business is illegal and as such no insurance covers passengers, they still put measures in place to ensure the safety of their passengers. In a discussion about Okada legalization on the Happy Morning Show, representatives …
Read More »You’ll face our anger if GIPC law is amended to favour Nigerians – GUTA
The Ashanti regional branch of the Ghana Union of Traders (GUTA) has called on the government not to review the Ghana Investment Promotion Centre law against retail trade, to favour foreign traders as requested by the Nigerian government. The Ghanaian traders say the government will incur their wrath if it …
Read More »Internal audit reveals 20,000 ‘ghost names’ on YEA payroll
An internal audit conducted by Youth Employment Agency (YEA) has revealed there are 20,000 ‘ghost names’ have been on the payroll of the agency for the past three years. The ‘ghost names’, according to the audit, cost the taxpayer about GH¢82.5 million every year. Information Minister, Kojo Oppong Nkrumah, revealed this …
Read More »Mitsubishi, Suzuki to set up local assembly plants
Following in the footsteps of its competitors, carmakers Mitsubishi and Suzuki are planning to establish assembly plants in the country, CFAO Motors Ghana, local distributor of the two vehicle brands, has said. “Our group is working on that; obviously by the start of 2021 we will be present as an …
Read More »Striking Nurses to resume work Thursday after receiving court injunction
Striking nurses and midwives are to resume work tomorrow Thursday, September 24 after their leadership was served with a court injunction against their industrial action. This was announced by the National President of the Ghana Registered Nurses and Midwives Association Perpetual Ofori-Ampofo at a press briefing Wednesday. The injunction was …
Read More »TUTAG threatens strike over poor conditions of service
The Technical University Teachers Association of Ghana, TUTAG, has warned that, government would face their wrath in the coming days if it refuses to address their concern on the subject of conditions of service. The last time TUTAG’s conditions of service was reviewed was in 2006, according to the union. …
Read More »No bed syndrome: Government begins distribution of 10,000 beds to public health facilities
A total of 10,000 hospital beds are to be distributed to all public health facilities across the country beginning this week under the Infrastructure for Poverty Eradication Programme (IPEP). This according to President Akufo-Addo is aimed at reducing the “no bed syndrome” in the country’s public health space. Speaking at …
Read More »Journalists urged to intensify reportage on cocoa sector
Journalists have been urged to intensify reportage on issues affecting the cocoa sector, Ghana’s largest foreign exchange earner, to ensure prompt action by stakeholders. Mr Joseph Opoku Gakpo, the Deputy General Secretary of the Ghana Agricultural and Rural Development Journalists Association (GARDJA), said cocoa was a major contributor to Ghana’s …
Read More »CalBank Implements Ecofridges Green On-Wage Financial Mechanism
Environmentally-friendly refrigerators and ACs will soon become widely accessible in Ghana through the Green On-wage (GO) financial mechanism under the ECOFRIDGES program with CalBank PLC. The ECOWAS Refrigerators and Air Conditioners Initiative (ECOFRIDGES) is a joint program by the United Nations Environment Programme’s United for Efficiency (U4E) initiative and …
Read More »Court places another injunction on striking health workers
An Accra High Court has for the second time in four days, ordered the Ghana Registered Nurses and Midwives’ Association (GRNMA) through a substituted service to halt its ongoing strike action. This comes on the back of an initial interlocutory injunction secured by the National Labour Commission on Friday to …
Read More »GES recruits 16,500 trained teachers
The Ghana Education Service (GES) has begun the process to recruit 16,500 trained teachers who completed the colleges of education last year. Earlier this year, the GES recruited 1,500 teachers in a special mop-up exercise for trained teachers who completed their studies in the 2017/2018 academic year but could not …
Read More »CalBank PLC holds maiden Webinar for SMEs on Value Creation within the Digital space
CalBank PLC has hosted a maiden webinar for clients in line with efforts to provide sustainable solutions for the growth of business in the digital ecosystem. The first in the series of webinars was targeted at Small and Medium Scale Enterprises on how they can create value using digital channels. …
Read More »‘No Payment, No entry’ comes into effect today at KIA
The “No Payment, No entry” policy for inbound airline passengers, which was deferred last week at the instance of international airlines operating in the country, comes into effect on September 21. By this new policy, incoming airline passengers must pay online for the mandatory COVID-19 test upon arrival at Kotoka …
Read More »Driver of mini-bus transporting young footballers killed in accident to be charged for overloading- Ghana Police
Edmund Nyamekye, the District Commander for Offinso Divisional Motor Transport Traffic Department (MTTD), has disclosed that the driver of the mini-bus transporting the young footballers who were involved in the bus accident that claimed the lives of eight players will be charged for overloading. According to the Edmund Nyamekye investigations …
Read More »