The Head of Currency Management at the Bank of Ghana, John Gyamfi, says the Central Bank for the foreseeable future will continue to print Ghana’s currency notes with well-proven and trusted international companies as local firms lack the capacity to execute such jobs. The comment follows the revelation that the …

The Ghana AIDS Commission has revealed that Christians constitute about 80 per cent of Persons Living HIV (PLHIV) in Ghana. Officials attribute the trend to less active social mobilisation and community participation in the campaign on risk behaviours. Speaking at an event in to mark World Aids Day at Kwadaso …

About 70 per cent of cocoa farmers in Ghana believe that the Ghana Cocoa Board (COCOBOD) does not serve their interest, a report by Imani Ghana, has noted. The survey dubbed “Exploring the revenue management and producer pricing mechanism within Ghana’s cocoa sector” also noted that 94 percent of cocoa …

CalBank announces the closure of a USD108million term facility with the Overseas Private Investment Corporation (OPIC) and Citibank (Citi)for on-lending to Small and Medium Enterprises (SMEs) in Ghana. This arrangement will enable CalBank to advance loans at relatively low interest rates to SMEs in Ghana with flexible repayment terms. In …

Seven mining companies, the Attorney General and Minerals Commission have been hauled to court over alleged illegalities. The plaintiff, David Addo has commissioned the actions in his capacity as a Ghanaian. Mr Addo claims AngloGold Gold Ashanti Iduapriem Ltd, Newmont Ghana Ltd, AngloGold Ashanti Ghana Ltd, Newmont Ghana Gold Ltd, …

Record commodity prices and low global interest rates have encouraged African countries to borrow as they did in the 1990s, but now some are struggling to pay up as their revenue slows along with economic growth. The debt of governments as a percentage of gross domestic product in sub-Saharan Africa …

Perhaps, one of the most significant components of the banking sector reforms is the new minimum capital directive issued on 11 September 2017. The directive required universal banks operating in Ghana to increase their minimum stated capital to GHS400 million by the end of 2018. Following the deadline for compliance, …

It has emerged that Crane Currency, a currency and security printing company in the United States of America (USA), printed the newly introduced GH¢200 and GH¢100 banknotes for the country. Information available to the GRAPHIC BUSINESS indicated that Crane Currency, which prides itself as being in the currency business for …

Government has described the ongoing strike by Teacher Unions as sabotage after their meeting with the unions ended inconclusively. Government’s meeting with the teacher unions to resolve the issue of legacy arrears did not end well, the PRO for the Education Ministry, Vincent Ekow Assafuah speaking to Joy FM accused …

A piece of information gathered has it that the Students at Mayani Secondary School in Dedza have been sent home following the temporary closure of the institution due to an outbreak of bedbugs. The school, like many other schools in the country, was supposed to close this term on 21 …

MTN Ghana has expressed deep concern about the recent sanctions by the National Communications Authority, considering what it describes as the efforts put in place to resolve the issues following the receipt of varied complaints on December 2, 2019. The telecom regulator fined the telecommunications giant a total of GHS110, …

The management of GHACEM cement has announced an increase in the prices of its products. The new prices will take effect from Wednesday, 11 December 2019. A statement signed by Commercial Director for GHACEM, Nana Phillip Archer, on Monday, December 9 said the upward adjustment is due to, among other …

Chantan, Nii Okaiman and Israel Districts of the Church of Pentecost in the Kaneshie Area on Thursday, 5th December, 2019, visited and donated 100 bags of cement worth GHC 3, 100.00 to the Abeka Motorway Basic School and Chantan M. A. Experimental Basic School which share a common compound as …

Tullow Oil Plc’s chief executive officer and exploration director quit after the company cut its production outlook and suspended the dividend. The shares tumbled, deepening their loss for the year to more than 60%. CEO Paul McDade and exploration chief Angus McCoss resigned with immediate effect, marking the exit of …

Three teacher unions in the country are currently on strike over delay in payment of legacy arrears due them. The unions: the Ghana National Association of Teachers (GNAT), the National Association of Graduate Teachers (NAGRAT) and the Coalition of Concerned Teachers (CCT) said they will not resume work until they …

Teachers across the country’s public schools are this morning beginning a strike to demand payment of their salary arrears. Three unions, the Ghana National Association of Teachers(GNAT), the National Association of Graduate Teachers(NAGRAT) and the Coalition of Concerned Teachers(CCT) had earlier given Education officials a December 5, 2019 deadline to …

Menzgold has said it will announce a payment schedule and formula for its customers on December 18. It comes after the company asked customers whose funds have been locked up to visits centres across the country to validate their documents. The latest notification is silent on when payment, which is …

Accessing Menstrual Management Products in rural parts of Ghana is still a challenge forcing many teenage girls to sometimes exchange sex for Sanitary pads. The high prevalence of poverty in rural parts of Ghana continues to worsen the plight of young girls who in desperate attempts to have menstrual hygiene …

An obstetrician-gynaecologist Dr Gabriel Akilo has advised that since late pregnancies cause fibroids, women should endeavour to get married earlier so as to conceive early, noting that getting pregnant earlier or in one’s 20s helps to avoid fibroids. He explained that fibroids are common in women who are between 35 …

The Kokofu D/A Junior High School near Goaso in the Ahafo region has been closed down temporarily following an assault on the headteacher a week ago. A group of young men and women stormed the school premises and assaulted the headteacher for canning a pupil of the school. According to …

Mankessim, a commercial town in the Central Region, is noted for foodstuff, fish and meat. But for some time now, people from all walks of life have been trooping to the town not to shop for these items but to seek healing for various eye challenges, including blindness. This follows …

The Ghana Education Service (GES) says it has detected anomalies in the payment of the legacy arrears of teachers which will lead to the payment of GH¢11.3 million in excess. Consequently, it says there was the need to do further auditing before the funds were paid. The amount relates to …

The Ministry of Education has described the strike declared by the three teacher unions as baseless. The unions; namely the Ghana National Association of Teachers (GNAT), the National Association of Graduate Teachers (NAGRAT) and the Coalition of Concerned Teachers (CCT), declared the nationwide strike to take effect from Monday, December …

Perhaps you started out as friends. You were seeing someone else; he was seeing someone else. You were in the same circles — the same boxing class, the same local wine bar, maybe the same workplace. You never entertained him as a lover — you were not available; he was …

The Ghana Education Service (GES) is shocked at the decision by three teacher unions to embark on a strike on Monday over supposed delays in the payment of their arrears. According to GES, the industrial action declared by the teachers is illegal and ‘grossly an abuse of principle of good …

Chief Executive Officer(CEO) of the Ghana Integrated Aluminium Development Corporation (GIADEC), Michael Ansah, has said that the corporation will have a 30 per cent minimum stake in business entities selected to mine Ghana’s bauxite. “The Act through which GIADEC was created stipulates that, the corporation must own 30 per cent …

The Social Security and National Insurance Trust (SSNIT) says it will from February 2020 cease payment of monthly benefits to all pensioners who fail to biometrically register with the scheme. All names pensioners on SSNIT who have not done the biometric registration the scheme will automatically have their names deleted …

The Ghana Education Service is shocked by the decision of three Teacher Unions to embark on a strike over the non-payment of salary arrears. The three Unions – Ghana National Association of Teachers (GNAT), National Association of Graduate Teachers (NAGRAT) and the Coalition of Concerned Teachers Ghana (CCT-GH) – declared the …

Black Stars B coach Maxwell Konadu is on the brink of returning to former club Asante Kotoko. The 47-year-old is in advanced talks and is expected to sign a three-year with the Kumasi-based club before the start of the Ghana Premier League on December 28. Both parties are satisfied with the …

Messi-less lightning strikes Chiengi team, ECL mourns FIVE players, two of them brothers, from a local amateur football club with a famous name in Chiengi, Luapula, have been killed by lightning. The local community was plunged into mourning on Sunday when lightning struck a field the players were cultivating as …