Ghana is to establish a Diasporan Savings and Investment Account to attract people of African American descent to invest in the various sectors of the country. The plan, which is at its infant stage, will explore how to target retail other than institutional investors. According to the Minister for Finance, …
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New JHS uniforms not compulsory – GES
The Ghana Education Service (GES) has dismissed reports that it has contracted a foreign firm to design the new school uniforms to be used in junior high schools from the 2019/2020 academic year. It said, “it has not imported, neither, has it contracted any individual, locally or internationally to bring …
Read More »Anger as single-track SHSs teachers, students are to spend 5 months in school
Teachers and students of Senior High Schools running the single-track system are demanding an explanation from the Ghana Education Service over the new time table for 2019/2020 academic year describing it as unfair. Teachers and Students of the single track SHSs have been in school since September 15, 2019, and …
Read More »MTN exits towers businesses in Ghana and Uganda
MTN Group has agreed to sell its towers businesses in Ghana and Uganda as Africa’s biggest mobile phone operator refocuses on high-growth markets on the continent and in the Middle East. Clashes with regulators in Nigeria, Uganda and elsewhere have crimped growth, prompting the company to announce a $1 billion …
Read More »How to survive the Harmattan if you’re asthmatic
If you are asthmatic, here are some tips to deal with the Harmattan. 1. Carry your inhalers everywhere you go. Having an inhaler doesn’t make you weak or show you’re going to die. 2. Know your triggers. Stay away from them. 3. Carry a sweater, pullover, coat with you, where …
Read More »History as SHS re-open on Sunday
The Management of the Ghana Education Service (GES) has announced that Senior High School (SHS) Form Three students would re-open on Sunday, January 5, to continue academic work for the 2019/2020 academic year. This is to enable the final year students prepare adequately towards the 2020 West African Senior School …
Read More »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 …
Read More »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 …
Read More »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, …
Read More »‘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 …
Read More »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 …
Read More »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 …
Read More »Why my father built ‘aeroplane’ vehicle – Kantanka CEO reveals
Chief Executive Officer (CEO) of Kantanka Automobile Company, Kwadwo Safo Jnr, has explained why his father, Apostle Dr Ing. Kwadwo Safo, built the aeroplane-like vehicle. According to him, his father had always been the type that would always want to be the first to invent something unique into the world. …
Read More »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, …
Read More »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 …
Read More »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 …
Read More »Xmas Bonanza: MTN Ghana Surprise Christmas Babies With Packaged Humpers In Upper West Region
Ghana’s largest telecommunications network MTN Ghana has donated Christmas Humpers for Babies born on Xmas day at the upper west regional hospital. The breif ceremony, led by Seth Owusu Nyamekye on behalf of the CEO and MTNers, saw lucky children and their mother’s receiving sizeable packages from the country’s largest …
Read More »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 …
Read More »All You Need To Know About The 2019/2020 SHS Academic Calendar
The Ghana Education Service (GES) has released the new academic calendar of 2019/2020 for double-track and single track Second Cycle (Senior High School) Institutions. Academic calendar attached Source: Peacefmonline.com
Read More »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 …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Meet the 14-year-old boy who is revolutionizing education in Ghana
Normally in the festive season in Ghana, what you see most teenagers do is work on their own toy guns but this is not the case for 14-year-old Kelvin Amaniampong. While other teens are craving to make their holidays more fun, Kelvin is busily fixing problems with the Free Education …
Read More »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 …
Read More »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 …
Read More »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 …
Read More »Ghana’s national airline relaunch may be just a political gesture
Ghana, without a state airline since the failure of Ghana International Airways in 2010, is planning a new national carrier. In November, Ghana and Boeing signed a memorandum of understanding for three Boeing 787-9s with a list price of $877.5m. The real price paid will be lower, but the relaunched …
Read More »‘Corrupt’ World Bank, IMF want Akufo-Addo to fail – Ken Agyapong
Member of Parliament for Assin Central Constituency, Kennedy Ohene Agyapong, has said the World Bank, IMF and western nations have ganged up to make President Akufo-Addo unpopular, following the latter’s resolve to make Ghana self-sufficient to wean the country off from foreign aid. “This is what Akufo-Addo wants to do …
Read More »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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