BUSINESS

Free SHS students to re-open January 5

The Ghana Education Service (GES) has announced that Free Senior High School (SHS) students will re-open on Sunday, January 5, 2020. A statement issued by the GES and signed by its Head of Public Relations Unit Ms Cassandra Twum Ampofo explained that the move will enable the final year students …

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EIU predicts reduction in policy rate this year

Individuals and businesses seeking credit from commercial banks this year should be offered some respite as the Economist Intelligence Unit is predicting that the Bank of Ghana will lower its lending rate. The business intelligence advisory firm in its latest country report stated that the Bank of Ghana’s policy rate …

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CBG to resume full operations Thursday

The management of the Consolidated Bank Ghana (CBG) has said the bank will resume full operations on Thursday January 2. On Tuesday December 31, all CBG branches closed to the public at 2PM. A message to all customers from the management on Monday December 30 said : “Dear Valued Customer, …

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‘Doggy style’ is dangerous; it can kill – Minister warns

“No two ways that Doggy style is the most practiced sexual position during intercourse, the act is dangerous and can send one to his grave than you could ever imagine”, South Africa’s Minister of Health, Aaron Motsoaledi told The Insider. According to the minister in the interview sighted on The …

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It is unrealistic to abstain from sex – Dr. Tapang

The former Chief Executive Officer of the Tamale Teaching Hospital, Dr. Daniel Tapang in 2006 questioned the campaign strategy of HIV/AIDS educators who were advising the youth to stay away from sex. Dr. Daniel Tapang argued that “sex is biologically driven” and, therefore, it was impossible to ask the youth …

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GRIDco cuts power to Valco over $30m debt

The Ghana Grid Company Limited (GRIDCo) says it has disconnected power supply to the Volta Aluminum Company Limited (VALCO), following the failure of the company to settle over US$30million outstanding debt to it. GRIDco says the decision was made by management after several attempts to get VALCO to honour its …

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BoG to auction US$715m in 2020

The Bank of Ghana will auction US$715 million in Forward Foreign Exchange Auctions in the whole of 2020. The months with the expected highest auctions of US$80 million each are January, February and March 2020. In accordance with the Foreign Exchange Forward Auction guidelines issued on the 23 September 2019, …

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Nigeria’s high infant HIV infection rate

Despite new claims of a significant reduction in national Human Immunodeficiency Virus/Acquired Immune Deficiency Syndrome prevalence rate in Nigeria, it is quite mortifying that the country still tops the mother-to-child transmission rate in the world. This is evidence that a lot needs to be done before the epidemic can be …

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Momoni, the special one or the ‘stinking’ ingredient?

One could be misled by the nose and miss out on a delicious culinary journey in a Ghanaian environment because of the smell of a verritable food ingredient called momoni. The mighty momoni is Ghana’s answer to Swedish surstromming, Korean hongeohoe or and the Japanese Kusaya, although not as putrid …

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Free SHS Has Increased Enrolment By 69 Percent

The Free Senior High School Policy has increased enrolment in secondary schools by 69 percent within the last three years, Vice President Alhaji Dr Mahamudu Bawumia said. “There was a lot of skepticism about whether we could actually implement the free senior high school education, but with conviction and determination …

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Ghana to drop the cedi for ECO – Government

Ghana will soon swap the cedi for the new single ECOWAS common currency, the eco when trading within the ECOWAS region. “We, in Ghana, are determined to do whatever we can to enable us join the Member States of UEMOA, soon, in the use of the ECO, a statement from …

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WHO statistics show that Accra’s air is highly contaminated

Latest statistics from the World Health Organisation shows that Ghana’s capital, Accra, is less congenial for human habitation due to unacceptable levels of contaminants in the air. The data, which is based on perceptions of persons surveyed over a period of three years, is presented below.  It indicates a very low perception if the value is …

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Ghana backs eight African States on new currency

Ghana has backed eight African states on the decision to abandon the CFA Franc, in favour of the proposed, new common currency of ECOWAS, the ECO, beginning in 2020. A statement by the government of Ghana stated that “We, in Ghana, are determined to do whatever we can to enable …

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TUTAG strikes again

The Technical University Teachers’ Association of Ghana (TUTAG) has declared an indefinite strike again over the non-payment of their December allowance after they called off a similar strike in October. In a letter notifying the authorities of their strike, TUTAG accused the government of reneging on the agreement they had …

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GNAT opposes Mahama’s plan to cancel licensure exams

Deputy General Secretary of the Ghana National Association of Teachers has kicked against plans by the opposition National Democratic Congress, to cancel the licensure exams if it is voted into power. According to Mr Awotwe Nkansah, they need this accreditation to differentiate themselves from the “fake” teachers that have flooded the …

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Korle-Bu detains children over bills

The Head of the Children’s Ward at Korle-Bu Teaching Hospital, Madam Joyce Oppon Ayisi has expressed worrying concern at the rate with which challenges facing the health facility has to force children to be detained because their mothers could not afford bills. According to Madam Ayisi, it sometimes takes the …

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First batch of verified Menzgold customers successfully paid – Nam 1

Chief Executive Officer of embattled gold dealership firm, Nana Appiah Mensah has announced that the first batch of customers who recently went through a verification process have received payments of their investment. Nam 1 who is currently battling charges of fraud amongst others made the announcement on his Instagram page …

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IMF says Ghana’s inflation rate too high

The International Monetary Fund (IMF) says Ghana’s current inflation target range of 8±2% is relatively high compared to its peers in sub-Saharan Africa (SSA). This is clearly attributed to its high-interest rates on the continent. Ghana’s yield of about 14 and 15% on Treasury Bills and 24% average lending rate …

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FDA bans 16 tomato paste products

The Food and Drugs Authority has directed the withdrawal of all batches of certain brands of tomato paste from the market which were found to contain the ingredients starch and colour, that were not indicated on the labels. According to the FDA, these ingredients are not permitted in tomato paste …

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Korle Bu reveals top ten diseases killing Ghanaians

Dr Daniel Asare, the Chief Executive Officer (CEO) of the Korle Bu Teaching Hospital (KBTH) has advised Ghanaians to be wary of their lifestyles as there has been an upsurge in chronic kidney disease as well as other diseases. Chronic kidney disease, also known as chronic kidney failure, is the …

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