The Vice President Dr Mahamudu Bawumia has disclosed that in January 2020, passengers will be able to check which bus or commercial vehicle ( trotro) is properly insured or registered using their phones before they board them. Speaking at a reception on Wednesday December 11, 2019 organised by the National …

The Head of Tax Compliance at the Ghana Revenue Authority, Mr. Henry Sam has served notice that the authority will prosecute tax defaulters. In line with this, the Legal Department of the Authority had been directed to compile reports on all such offenders. He said the authority has already initiated …

On August 14th, 2017 the Bank of Ghana (BoG) revoked the licenses of UT Bank and Capital Bank. GCB took over the two under a Purchase and Assumption transaction. Less than a month later on 11th September, 2017, the BoG announced an increase in the minimum capital requirement for banks …

The National Labour Commission (NLC) has explained its decision to secure a court order against three teacher unions whose members are currently striking. The Commission’s Executive Secretary, Ofosu Asamoah, has explained that the decision was made because of the teachers’ failure to follow due process. The NLC, on Wednesday, filed …

The striking teacher unions have said that the National Labor Commission (NLC) can compel them to return to the classrooms but cannot force them to teach. The NLC secured a court order to stop the teachers from continuing its strike action. This was after the teachers defied a ruling by …

Billionaire Michael V. Roberts who has been turning the business world on its head is now the economic king of Ada;eastern part of the Greater Accra Region in Ghana. This information was shared on Instagram by American author Dr Boyce Watkins who together with his son are now part of …

The Korle Bu Teaching Hospital (KBTH), in collaboration with Transplant Links UK, has performed successful kidney transplant for four patients with kidney conditions in a major breakthrough in local medical practice. The transplant team at the KBTH was led by surgeons Dr Bernard Morton and Dr James Edward Mensah, and …

The video of some suspected secondary school students who were passionately making out in a classroom has hit the internet. According to the video, the two male students was seen with female fellow students around the four corners of the classroom as they engaged in a passionate job As at …

Private Health Facilities in Ghana (PHFAoG) has threatened to withdraw their services if the National Health Insurance Authority (NHIA) does not pay their ten (10) months claims in arrears by 16th of December, 2019 to alleviate the intensity of their woes and distress The association said the delay in payments …

Some customers of the collapsed savings and loans companies and other microfinance institutions (MFIs) have threatened to vote against the governing New Patriotic Party (NPP) if their locked-up deposits are not paid before the 7 December 2020 general elections. The affected customers say life has become unbearable for them after …

The Year-on-year inflation rate for November rose to 8.2 per cent, up by 0.5 percentage point from the 7.7 per cent recorded in October 2019. The month-on-month inflation between October and November stood at 0.7 per cent. Professor Samuel Kobina Annim, the Government Statistician, who announced this on Wednesday, said …

Cement manufacturers in the country have attributed the recent increase in cement prices to the depreciation of the cedi to the dollar, high port taxes and duties amongs others. Major cement manufacturers in the country have announced a 5% increment which takes effect today, warning that prices could increase further …

The National Labour Commission (NLC) has secured an injunction to compel the striking teacher unions to immediately resume work. The court order also barred the teachers from continuing with the strike which has been in effect since Monday. Meanwhile, the teachers say forcing them to the classroom in spite of …

The Ghana Education Service (GES) has instructed heads of public Junior High Schools in the country who do not have enough funds to organise their end of term examination to borrow from the Capitation grant meant for kindergarten or primary schools. The notice to school heads sighted by Starr News …

Newmont Goldcorp has affirmed its readiness to divert the Afrisipakrom -Techire road, as the company finalises processes to commence actual mining on its Ahafo North concessional area. The Company’s Ahafo North concession is expected to cover 4,000 hectares of land around five major towns – Yamfo, Adrobaa, Susuanso, Terchire and …

The Head of Currency Management at the Bank of Ghana, John Gyamfi, says the Central Bank for the foreseeable future will continue to print Ghana’s currency notes with well-proven and trusted international companies as local firms lack the capacity to execute such jobs. The comment follows the revelation that the …

The Ghana AIDS Commission has revealed that Christians constitute about 80 per cent of Persons Living HIV (PLHIV) in Ghana. Officials attribute the trend to less active social mobilisation and community participation in the campaign on risk behaviours. Speaking at an event in to mark World Aids Day at Kwadaso …

About 70 per cent of cocoa farmers in Ghana believe that the Ghana Cocoa Board (COCOBOD) does not serve their interest, a report by Imani Ghana, has noted. The survey dubbed “Exploring the revenue management and producer pricing mechanism within Ghana’s cocoa sector” also noted that 94 percent of cocoa …

CalBank announces the closure of a USD108million term facility with the Overseas Private Investment Corporation (OPIC) and Citibank (Citi)for on-lending to Small and Medium Enterprises (SMEs) in Ghana. This arrangement will enable CalBank to advance loans at relatively low interest rates to SMEs in Ghana with flexible repayment terms. In …

Seven mining companies, the Attorney General and Minerals Commission have been hauled to court over alleged illegalities. The plaintiff, David Addo has commissioned the actions in his capacity as a Ghanaian. Mr Addo claims AngloGold Gold Ashanti Iduapriem Ltd, Newmont Ghana Ltd, AngloGold Ashanti Ghana Ltd, Newmont Ghana Gold Ltd, …

Record commodity prices and low global interest rates have encouraged African countries to borrow as they did in the 1990s, but now some are struggling to pay up as their revenue slows along with economic growth. The debt of governments as a percentage of gross domestic product in sub-Saharan Africa …

Perhaps, one of the most significant components of the banking sector reforms is the new minimum capital directive issued on 11 September 2017. The directive required universal banks operating in Ghana to increase their minimum stated capital to GHS400 million by the end of 2018. Following the deadline for compliance, …

It has emerged that Crane Currency, a currency and security printing company in the United States of America (USA), printed the newly introduced GH¢200 and GH¢100 banknotes for the country. Information available to the GRAPHIC BUSINESS indicated that Crane Currency, which prides itself as being in the currency business for …

Government has described the ongoing strike by Teacher Unions as sabotage after their meeting with the unions ended inconclusively. Government’s meeting with the teacher unions to resolve the issue of legacy arrears did not end well, the PRO for the Education Ministry, Vincent Ekow Assafuah speaking to Joy FM accused …

A piece of information gathered has it that the Students at Mayani Secondary School in Dedza have been sent home following the temporary closure of the institution due to an outbreak of bedbugs. The school, like many other schools in the country, was supposed to close this term on 21 …

MTN Ghana has expressed deep concern about the recent sanctions by the National Communications Authority, considering what it describes as the efforts put in place to resolve the issues following the receipt of varied complaints on December 2, 2019. The telecom regulator fined the telecommunications giant a total of GHS110, …

The management of GHACEM cement has announced an increase in the prices of its products. The new prices will take effect from Wednesday, 11 December 2019. A statement signed by Commercial Director for GHACEM, Nana Phillip Archer, on Monday, December 9 said the upward adjustment is due to, among other …

Chantan, Nii Okaiman and Israel Districts of the Church of Pentecost in the Kaneshie Area on Thursday, 5th December, 2019, visited and donated 100 bags of cement worth GHC 3, 100.00 to the Abeka Motorway Basic School and Chantan M. A. Experimental Basic School which share a common compound as …

Tullow Oil Plc’s chief executive officer and exploration director quit after the company cut its production outlook and suspended the dividend. The shares tumbled, deepening their loss for the year to more than 60%. CEO Paul McDade and exploration chief Angus McCoss resigned with immediate effect, marking the exit of …

Three teacher unions in the country are currently on strike over delay in payment of legacy arrears due them. The unions: the Ghana National Association of Teachers (GNAT), the National Association of Graduate Teachers (NAGRAT) and the Coalition of Concerned Teachers (CCT) said they will not resume work until they …