BUSINESS

AG abandons star witness in Opuni case

An application by the Attorney General in defense of a key state witness; Dr. Yaw Adu-Ampomah, who has been cited for perjury in the ongoing COCOBOD case, has been rejected by Justice Clemence Honyenugah, Appeal Court Judge, presiding over the trial of Dr. Stephen K. Opuni and businessman, Seidu Agongo, …

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Government borrowed GH¢4.2bn in December 2019

The Government of Ghana borrowed GH¢4.2 billion in notes and bonds in December 2019. This consists of GH¢3.2 billion 2-Year Notes, GH¢505.4 million of 3-Year bonds and GH¢478.6 million of 4-Year bonds. Some of the securities were to be rolled over while the rest were fresh funds. The yield on …

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Court remands CEO of collapsed Beige Bank, Mike Nyinaku

The Chief Executive Officer (CEO) of defunct Beige Bank, Mike Nyinaku, has been remanded in police custody. He is to be held there for one week. This follows the dismissal of a bail application by his lawyers who assured the court that he will cooperate with the ongoing trial. Although …

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Intensify breast cancer education among youth- BCI

President of Breast Care International (BCI), Dr. Mrs. Beatrice Wiafe Addai, has called on stakeholders to intensify breast cancer education among the youth for a cancer free future. She explained that educating the youth on breast cancer will enable them to identify the specific threats and warning signs of breast cancer, …

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Free SHS: Akuapem North Assembly to end Double-Track System

The Akuapem North Municipal Chief Executive, Dennis Aboagye, has assured that the Municipality is poised to be the first to end Double track system. The assurance by the MCE follows handing over of a 16 unit storey classroom block by a Contractor for academic use in Okuapeman Senior High School. …

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Teachers to undergo aptitude test before promotion – GES

The Ghana Education Service (GES) has announced teachers in the country will now undergo aptitude test before they get promoted. According to a statement by the GES, the move is to ensure efficiency and effectiveness of the promotion process. Other categories of teachers will undergo interviews and the aptitude test …

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Teachers to undergo aptitude test before promotion – GES

The Ghana Education Service (GES) has announced teachers in the country will now undergo aptitude test before they get promoted. According to a statement by the GES, the move is to ensure efficiency and effectiveness of the promotion process. Other categories of teachers will undergo interviews and the aptitude test …

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We’re not recruiting – GRA

The Ghana Revenue Authority (GRA) has called on the public to dismiss reports that it is recruiting. According to the GRA, such reports making rounds on social media are untrue. “The Ghana Revenue Authority (GRA) has sighted notices being circulated on social media platforms to the effect that the Customs …

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Farmer who impregnated daughter commits suicide in police cell

A 42-year-old farmer, Yaw Tawiah who was suspected of impregnating his stepdaughter at Ntonso, a farming community near Sankore in the Asunafo South District of the Ahafo region has died in police custody, MyNewsGh.com reports. Police say he hanged himself in the toilet inside the cells of the Sankore Police …

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Takoradi Port Traffic Increases

The Takoradi Port recorded an increase in port traffic from 8.2 million metric tons (mt) in 2018 to 9.9 million mt in 2019, representing an increase of 21 per cent in total port traffic. It also registered an increase of 43 per cent in exports. The port however, recorded 13 per …

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Mane wins best African Player award

Senegalese and Liverpool mercurial player Sadio Mane has won the 2019 African Player of the Year award. He won the prestigious award for the first time in a ceremony held in Cairo this evening. Mane beat compatriot and club mate Mohammed Salah of Egypt-winner in 2017 and 2018 and Algerian …

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GES to publish performances of second cycle schools – Dr. Adutwum

Deputy Minister of Education, Dr. Yaw Osei Adutwum has revealed that his outfit would soon be publishing the performances of second cycle schools to the public. Speaking at an education forum on the theme, ‘Ghana’s transformation agenda on education, basic and Secondary’, Dr. Osei Adutwum said the objective is for …

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Mahrez, Mane and Salah in contention for 2019 Caf award

The Confederation of African Football (Caf) will crown its 2019 Player of the year at its awards ceremony in the Egyptian coastal resort of Hurghada on Tuesday. Algeria’s Manchester City star Riyad Mahrez is up against the Liverpool duo of Sadio Mane of Senegal and Egypt’s Mohamed Salah for the …

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Govt to introduce new emergency call number for ambulance service

The Special Development Initiatives Ministry headed by Mavis Hawa Koomson, under which the procurement of ambulances for each constituency as promised by President Nana Akufo-Addo falls, says a new emergency number for the ambulance service will be introduced soon. The government procured 307 ambulances in total in line with a …

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TUTAG declares strike

Members of the Technical University Teachers Association of Ghana (TUTAG) have declared a strike effective immediately, following the non-payment of their allowances. The strike by TUTAG follows what they describe as the government’s failure to migrate them onto the public universities’ salary structure. They are also demanding an increase in …

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Confusion over Menzgold cash

There appears to be confusion over disbursement of funds by Menzgold Ghana to its customers. While management of the embattled gold collectables firm says nearly 200 customers of the company have been paid their funds which were locked up for months, some customers have vehemently denied receiving such monies. The …

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Banks deposits growth slows amidst banking reforms

The growth rate in commercial banks’ deposits has slowed down amidst the reforms undertaken by the central bank to strengthen the sector. The Bank of Ghana in its latest banking sector report stated that deposits, as the main source of funding for the banking industry, grew by 17.1 percent in …

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Tema Development Company rakes in GHS44 million as gross earnings

The Tema Development Company (TDC) has raked in more than GHS44 million as actual total revenue (Gross Earnings) from January to September 2019. Addressing an end of year thanksgiving service, Ms. ELzabeth Mansa Banson, Board Chair, said GH¢44,135,431 was raised against the related period end budget of GH¢134,426,955. “Thus, the …

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