BUSINESS

ECG, NEDCo & VALCO debt to GRIDCo hit ¢814 million

The Ghana Grid Company Limited (GRIDCo) has for three years running recorded losses, with a net loss of 114.3 million cedis last year. According to GRIDCo, the Volta Aluminum Company Limited (VALCO) owes it 30-million dollars while ECG and NEDCo also owed about 607 million cedis and 177 million cedis …

Read More »

Market women were consulted on new GH¢200 notes – BoG

A number of agencies and market women were consulted by officials of the Bank of Ghana (BoG) for their inputs into the decision that went into the introduction of the GH¢200 and GH¢100 notes, Mr Phillip Ottoo, Director of Research at the BoG, has revealed. Speaking at a training workshop …

Read More »

Ghana Health Service prepares to fight CSM

The Public Health Unit of the Ghana Health Service (GHS) in the Upper East Region has engaged its counterparts from Togo and Burkina Faso in a cross-border meeting to share information on diseases of epidemic potential among the three countries. Dr Josephat Nyuzaghl, the Upper East Regional Deputy Director in …

Read More »

Phase 1 and 2 of VW car assembling plant commences in 2020

German Ambassador to Ghana, Christoph Retzlaff has confirmed that the German car manufacturer, Volkswagen (VW) will from early 2020 commence the first phase for the establishment of an assembling car plant in Ghana. According to him, the second phase of the assembling plant will also be established at new premises …

Read More »

Black Friday shopping experience hugely patronised in Ghana

Shoppers in Ghana and across the world have yet again participated in one of the world’s exciting shopping experiences. The Black Friday usually offers shoppers outrageous reduction in prices on all kinds of items. Although not a very common experience in Ghana, the day is gradually gaining recognition. Citi Business …

Read More »

COCOBOD trial: Key State witness rejects A-G’s fertilizer exhibit

The ongoing trial of former COCOBOD Chief Executive, Dr. Stephen Kwabena Opuni and businessman, Seidu Agongo, on Wednesday recorded another shocking moment with the Attorney General’s third prosecution witness rejecting the state’s most vital exhibit; the powdered lithovit foliar fertilizer entered into evidence last year. The exhibit is at the …

Read More »

PDS weighs legal options against GoG over deal termination

Power Distribution Services Limited (PDS) has said it is “carefully weighing its options” as far as its response to the Government of Ghana’s termination of its power distribution deal with the private firm, adding that it “continues to reserve all its rights under the transaction agreements and applicable laws to …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »

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 …

Read More »