BUSINESS

Govt explains why it introduced Ghc100, Ghc200 Cedi notes

The Governor of the Central Bank of Ghana, Dr Ernest Addison has explained the rationale behind government’s policy decision to introduce new Bank notes of Ghc100, Ghc200 and 2Ghc coin. Addressing a presser covered by MyNewsGH.com, the Governor said “twelve years after the redenomination exercise, sustained periods of high inflation …

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GUTA refuses engagement with Nigerian traders in Ghana

The Ghana Union of Traders Association (GUTA) has expressed its unpreparedness to engage with Nigerian traders in Ghana following the name-calling it has been subjected to by the latter. GUTA said members of the Nigerian Traders Association, Ghana (NUTAG) have at every opportunity hurled insults at them over their insistence …

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300 Companies bid for 43 cocoa roads

Three hundred construction companies have submitted bids to the Ghana Cocoa Board (COCOBOD) for the construction and rehabilitation of roads in cocoa growing communities nationwide. The firms are competing to be selected as contractors for the first phase of the cocoa road projects, which resumed this year after it was …

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About 7000 Caterers Under School Feeding Paid

Close to 7,000 caterers who cocked under the Ghana School Feeding Programme for the third term of the 2018/19 academic year have been paid, Gender, Children and Social Protection Minister, Mrs. Cynthia Morrison has confirmed. “So everyone is expected to receive payment today, [Thursday November 28] as has been confirmed …

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GRIDCo to disconnect power to VALCo in December

The Ghana Grid Company Limited (GRIDCo) on Thursday announced that it will disconnect power to the Volta Aluminum Company Limited (VALCO) on December 30 because of a $30million debt owed it. The management of the power transmission company said VALCO’s debt and that of Electricity Company of Ghana, and Northern …

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Grant Us Our Freedom- UEW SRC of Kumasi and Mampong Campuses to Government

The Students’ Representative Council of University of Education Winneba, Kumasi and Mampong Campuses whose core mandate is to promote the general welfare and interest of students, coordinating the social, cultural, intellectual and recreational activities of the students in the University have appealed to the government of the day to give …

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Ghanaian nurses are very ungrateful – Fmr Health Ministry PRO

Robert Cudjoe, the immediate past Public Relations Officer for the Ministry of Health, has thrown a jab at Ghanaian unemployed nurses and midwives, labelling them as ungrateful beings. Responding to calls made by the Ghana Registered Nurses and Midwives Association, urging government to recruit 40,000 nurses and midwives within the …

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ECOWAS is dead – GUTA fumes

The Ghana Union Traders Association (GUTA) has expressed disappointment in the failure of the Economic Community of West African States (ECOWAS) to enforce trade protocols “ECOWAS is dead, we don’t have ECOWAS,” GUTA National Organizer Clement Boateng declared as a retail trade feud between Ghanaian traders and other West African …

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Over 400 trained teachers cry for jobs

About 400 unemployed graduate teachers have appealed to the government and the Education Ministry to have them immediately posted. According to them, despite graduating from the various Colleges of Education, they are yet to be posted to the various senior high schools in the country. President of the coalition of …

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GES procures 400k ‘pasco’ for first batch of free SHS students

The Ghana Education Service (GES) has procured four hundred thousand (400,000) sets of questions and answer booklets from the West Africa Examination Council (WAEC) for distribution to the first batch of beneficiaries of the Free Senior High School policy preparing to write their final examination April next year. The exams …

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Transporter urges gov’t to fix deplorable cocoa roads

Some stakeholders in the cocoa value chain have asked government to pay critical attention to the deplorable roads in many cocoa roads as they impact negatively on the full benefits the country derives from the cash crop. They are thus asking government to urgently fix such roads to prevent the …

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Ghana’s total debt stock hits GHC208.6bn

Ghana’s total debt stock has hit GHS208.6 billion, according to new data from the Bank of Ghana. The stock rose by GHS3.1 billion between July and September. Per the central bank’s Summary of Economic and Financial Data, the current debt stock represents 60.3 per cent of Ghana’s GDP. A total …

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Poultry farmers call on gov’t to subsidise cost of feed

Vice President of the Greater Accra Poultry Farmers Association, Michael Ampem has appealed to government to subsidise the cost of feed to enable them increase production of birds for the market. Experts in the poultry industry claim there is a shortfall in the number of birds required to meet local …

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Confusion over which ministry issues visas

The issue of which Ministry has the responsibility to issue visas in the country came up for discussion during yesterday’s sitting of Parliament, with some members expressing divergent views. The discussion revealed what was described as confusion amongst the members on the issuance of visas. Speaking on the matter, the …

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