President Akufo-Addo says the AngloGold Ashanti Limited has agreed it will contribute US$2 for every ounce of gold produced into a Community Trust Fund, over the lifespan of its Obuasi Mine to facilitate development projects in the local communities of the area. According to him, a one-off contribution of US$250,000 …
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Government’s initiatives are not slogans but policies – Bawumia
Vice President Alhaji Dr Mahamudu Bawumia has stated that government’s initiatives, were not slogans but policies implemented to benefit Ghanaians. He said the programmes, such as the One District One Factory (1D1F), Planting for Food and Jobs and Free Senior High School, were all policies put in place to protect …
Read More »Neoplan shutdown put on hold after gov’t intervention
Government has intervened to avoid the imminent collapse of Neoplan. According to Starr News sources within the management of the firm, state officials are working with authorities of the now struggling auto company to continue to stay in business. A top official of the company told Starr News they have …
Read More »Financial stocks lead stock market rebound
The signals of recovery from the financial crisis that hit the economy in 2017 have begun to positively to impact on the performance of the Ghana Stock Exchange in the first month of this year. The market’s benchmark index, GSE Composite index (CI) at the end of trading session on …
Read More »Another fire incident at Accra Academy
There is another fire outbreak on the campus of Accra Academy, a few days after a similar incident on the campus. The Alema Hall fire according to GhanaWeb sources started round 8:30 pm. This is the second time since January 15, when the first fire outbreak swept the same Alema …
Read More »GUTA advises members to suspend trip to China
The Ghana Union of Traders Association is advising members of the business community, particularly traders who intend or are preparing to China for business or any other thing to hold on. It rather encourages the possibility of transacting business and other communication via the internet until the coronavirus outbreak is …
Read More »Ghana places 5th in Africa in 2020 Best Countries report
Ghana placed 5th in Africa and number 67 in the world, according to the 2020 Best Countries Report put together by US News & World Report and supported by Wharton Business School of University of Pennsylvania and BAV Group. Egypt was 1st in Africa and number 36 in the world …
Read More »Coronavirus: Ethiopian isolates 4, Kenya, Ivory Coast test suspected cases
The coronavirus was confirmed in the Chinese city on January 7, 2020. Cases have since been confirmed in several other Asian countries, Europe and the United States. The World Health Organisation’s Africa emergency response program manager Michel Yao advised health ministers in the region to activate standard flu screening at …
Read More »New ambulances can locate caller, connect to nearest health centre
The newly-commissioned ambulances are fitted with digitised state-of-the-art dispatch management system, integrated with the national digital property addressing system which will automatically generate the digital address location of the caller, President Akufo-Addo has disclosed. This according to the President, will enable the control centre to determine straightaway the nearest ambulance to dispatch, he …
Read More »Government to intervene to avoid collapse of Neoplan Ghana Limited
The Deputy Minister of Trade and Industry says the government is ready to intervene to avoid the collapse of Neoplan Ghana Limited. Carlos Ahenkorah said “Let me say on authority, it’s not government’s desire to see Neoplan collapse. It has been one of the flagship companies of Ghana.” Speaking to …
Read More »Ultramodern ATMs introduced in Ghana
At the just-concluded ATM roadshow held in Accra with the theme ‘’Innovation with the NextGen ATMs’’, Inlaks introduced into the Ghanaian financial sector, new ultramodern and high-tech ATMs with enhanced features manufactured by the Korean-based Original Equipment Manufacturer, Hyosung Inc, to give customers and banks seamless experience, improved customer experience …
Read More »Workers of Coca-Cola hold demo against appointment of new MD, want old MD back
Workers of Coca-Cola bottling Company Ghana Limited continues to demonstrate on the premises of the company as they seek the reinstatement of the former MD, Seth Adu-Baah. Speaking to Citi FM, Assistant Secretary of the local chapter of the Industrial and Commercial Workers Union of Coco-Cola Company Goerge Sarpong said …
Read More »Midwife calls for security for CHPS compound
Madam Faustina Lami Abatera, the Midwife in charge of the Kolinvai Community-Based Health Planning and Services (CHPS) compound located in the East Mumprusi Municipality of the North East Region has called for security guards to protect the facility and medical equipment. She said the facility which has a nurses’ quarters …
Read More »Takoradi-Tarkwa railway ready for free passenger service
The Ghana Railway Company Limited (GRCL) has successfully completed its reformation exercise on the Takoradi-Tarkwa Railway line and urged the public to patronize its services for free on the stretch beginning today, Tuesday January 28. The GRCL said it was fully prepared to begin passenger services after a concurrent test …
Read More »SHSs risk closure over lack of funds and food
Senior High Schools in the country risk closure over lack of funds and shortage of food. Funds have not been disbursed to the schools since the beginning of the 2019/2020 academic year affecting the smooth running of the schools. Starr News checks in the Eastern region reveal most schools have …
Read More »Neoplan Ghana Ltd shuts down January 31
Neoplan Ghana Limited, one of the country’s surviving coach manufacturing businesses in the 1970s, has announced a total shutdown on Friday, January 31, 2020 because it is no longer viable. A memo to all staff of the company in Accra and Kumasi announcing the closure of the company, which was …
Read More »Ghana Health Service calls for forensic probe into conduct of Internal Audit Director
The Ghana Health Service (GHS) has called for a forensic probe into the conduct of the Director, Internal Audit Division of the GHS, Mr Kwabena Hemeng-Ntiamoah, who is alleged to have misappropriated millions of cedis meant for audit assignments. A document sighted by the Ghanaian Times suggested that the forensic …
Read More »Ghana tightens surveillance as Cote d’Ivoire deal with suspected coronavirus case
Health officials in Ghana have tightened surveillance at Ghana’s border with Cote d’Ivoire after a suspected case of coronavirus was reported. Ever since the disease surfaced in China, many countries are on the alert to ensure it does not find its way to their setting. The Director-General of the Ghana …
Read More »Gov’t to distribute over 300 ambulances Tuesday
Emergency healthcare services in Ghana are to receive a major boost from this week, following the dispatch of over 300 Ambulances, over 300 EMT Drivers and support staff and 30 Dispatchers to 275 constituencies nationwide from Tuesday. The ambulances were procured under the government Infrastructure for Poverty Eradication Programme (IPEP) …
Read More »BoG can’t print money to pay depositors of collapsed banks – Bawumia’s spokesperson
Dr Gideon Boako, spokesperson the Vice President, has said the government cannot ask the Bank of Ghana (BoG) print money to pay depositors of the collapsed financial institutions in the country. He said if that is done, it will amount to the central bank financing government expenditure, an action he …
Read More »Ghana Chamber of Mines chief calls for tax incentives
Exploration for minerals in Ghana remains hampered by tax burdens, Sulemanu Koney, CEO of the Ghana Chamber of Mines, told The Africa Report. “We are not happy with the level of investment we see in exploration,” Koney said. Better incentives for exploration are “a major issue”, he said. “That is …
Read More »No more fake motor insurance in Ghana as motor insurance goes digital
Government’s digitization agenda which, is being spearheaded by the Vice President, Dr. Mahamudu Bawumia has achieved another milestone with the addition of motor insurance to the growing list of digitized government agencies. The Vice President announced in July last year at the US-Ghana Business Forum that after holding a series …
Read More »Akufo-Addo gov’t borrows GHS86bn in 3 years
Ghana’s debt stock has increased by about GS86.6 billion since the Nana Akufo-Addo government came into office three years ago. Some economists and market watchers have described the rate and quantum of borrowing by the government as alarming and warned that it could plunge the nation into an economic crisis …
Read More »Ghana’s debt-to-GDP to hit 65% 2023 – Moody’s
Ghana’s debt-to-GDP ratio is projected to hit 65% by the year 2023. According to international rating agency Moody’s, Ghana’s debt will rise primarily due to an annual assumption of 2% of GDP in the form of contingent liabilities. Moody’s’ forecast also includes disbursements under the $2 billion financing deal with …
Read More »Gambaga Girls SHS abolishes double track system
The Gambaga Girls Senior High School (SHS) in the East Mumprusi Municipality of the North East Region has reverted from the ‘Double Track System’ to Single Track owing to massive infrastructural development in the school. The ‘Double Track System,’ under the Free SHS policy was in two sessions; the Green …
Read More »Interest in investing in Ghana continues to rise – Oppong Nkrumah
Information Minister, Kojo Oppong Nkrumah, has noted that interest in making investment in Ghana especially by foreigners continues to rise. The Information Minister who doubles as the Member of Parliament for Ofoase-Ayirebi constituency in the Eastern Region, made this known after participating in the Ghana Investment Summit in the United …
Read More »COCOBOD introduces slashers to improve cocoa quality
The Ghana Cocoa Board (COCOBOD) has taken delivery of 100,000 pieces of motorised slashers to be distributed to cocoa farmers throughout the country. The slashers are to prevent the farmers from resorting to the use of weedicides on their farms and, thus, reduce the risk of having the beans contaminated …
Read More »Ghana’s economy at all-time best in a decade – Moodys Ratings
International credit rating agency, Moody has reaffirmed Ghana’s credit rating at B3 with an upgraded outlook to positive from stable. This credit rating position is the best Ghana has received from Moody’s in the last decade. A statement issued by Moody on Friday, 24th January 2020 stated that “Moody’s investors …
Read More »Number plate manufacturers plot uncovered
Credible reports and intelligence gathered by ghananewspage.com points to a deliberate ploy by a cartel to tarnish the image of the Chief Executive Officer of DVLA, Mr. Kwasi Agyemang Busia. The cartel, which is a plate manufacturing gang, is angered because the CEO is tirelessly working to seal the loopholes, …
Read More »Pupils abandon school as cult clashes claim 13 lives
Thirteen suspected cultists have been killed in the ongoing clash between members of the Eiye and Aiye confraternities in the Ijede Local Council Development Area of Lagos State. Residents lamented that they were unsafe as the cultists freely use sophisticated weapons in the Luwasa, Igbe and Ijede areas of Ikorodu. …
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