The Securities and Exchange Commission (SEC) has asked customers of the collapsed fund management firms to visit CBG branches from Tuesday to validate their documents in order to receive payments. According to the Deputy Director-General for SEC Paul Ababio, customers will receive text messages showing them the processes to receive …

Government has decided to distribute all 275 ambulances in January 2020, Minister for Special Development Initiative, Mavis Hawa Koomson has said. The reason, she explained, is to ensure a fair distribution of the ambulances across all 275 constituencies in the country. The first 48 ambulances, which arrived months ago are …

Listen to the Audio below A distraught customer of First Banc Financial Services at the Airport residential area in Accra has shared his frustrations after the closure of 53 struggling fund management companies by the Securities and Exchange Commission. The aggrieved customer of the now-defunct financial firm told Joy News’ …

Senior Minister Yaw Osafo Marfo is worried about the alarming rate of the country’s importation of goods. He said the country currently importing flowers thrice in a week from South Africa is an absurd situation which is unacceptable. Speaking at a gathering on behalf of President Akufo-Addo at the opening of …

The Ghana Medical Association (GMA) has raised the alarm over the health crisis in Ghana’s prisons and called for urgent and comprehensive healthcare for inmates in various prisons across the country. It has identified overcrowding, drug abuse, poor diet and hygiene, infections and substandard healthcare as the cause of the …

Senior Minister Mr Yaw Osafo Maafo has come to the defense of his two sons, Kofi Bosompem Osafo Maafo and Kwadwo Gyamfi Osafo Maafo for taking over positions in government agencies at a time their father said the system was choked. He argues that the two ‘qualified boys’ aced the …

The new Champions of the prestigious Copa Lagos Beach Soccer Club Tournament have been promised “special packages” by the Ghana Football Association (GFA) and Ministry of Youth & Sports. The assurances were given to Sunset Sports Club when officials and players of the team presented their laurels to the Ghana …

The Ghana Medical Association (GMA), mother body of doctors in Ghana, has indicated that it will soon withdraw its services in the various government hospitals over the failure of government to address issues relating to conditions of service of its members. The health professionals gave the indication in a communiqué …

Two students of St. Mary’s Boys Senior High School at Apowa in the Western Region have sustained serious cutlass wounds after they were attacked by an unknown assailant. The two whose identities have been withheld, are currently on admission at the Cape Coast Teaching Hospital. Reports indicate that they were …

Groupe Nduom Limited has reacted to the Securities and Exchange Commission’s revocation of licenses of 53 fund management companies, which includes Blackshield Capital Management (formerly Gold Coast Fund Management). According to Groupe Nduom, the entity representing the interests of the majority shareholders and founders of Blackshield, the SEC’s assertion that …

The Securities and Exchange Commission (SEC) has revoked the licenses of 53 Fund Management Companies. SEC, in a statement explained that the revocation follows the companies’ failure to “return client funds which remain locked up and in a number of cases, have even folded up their operations.” “Essentially, they have …

The Accra High Court has ordered Menzgold Ghana Limited, a gold dealership firm to refund GH¢2,664,000 owed to some 58 soldiers. The court, presided over by Justice Angelina Mensah-Homiah J. in a November 4, 2019 ruling, however, refused to enforce the contractual interest at the rate contained in the respective …

The Ghana Police Service has arrested four persons suspected to be part of a gang that robbed the private residence of the Vice President, Dr Bawumia in Walewale in the North East region of Ghana. The burglars in an incident which took place over the weekend attacked five other houses …

Deputy Attorney General, Joseph Kpemka has said that the office of the Attorney General will not rush in prosecuting the case involving the former president of the Ghana Football Association (GFA), Kwesi Nyantakyi. He said the office will diligently gather its facts and evidence in the case before proceeding to …

President Nana Akufo-Addo has tasked the Governor of the Bank of Ghana, Dr Ernest Addison, to deal with the issue of high interest rates in the country. Addressing the CEOs Executive Forum in Accra on Wednesday, 6 November 2019, the President said: “I have requested the Governor of the Bank …

The Medical Director of Komfo Anokye Teaching Hospital, Dr. Baffour Awuah, has been appointed Director-General of the Ghana Health Service. According to a letter dated November 5, 2019, and signed by Executive Secretary to the President, Nana Bedietuo Asante, Dr. Awuah will head the GHS in an acting capacity “…pending …

COCOBOD says every schoolchild in Ghana will now receive a cocoa drink a day following the passage of the $600-million loan agreement for the Cocoa Productivity Enhancement Project. According to Fiifi Boafo, the executive secretary at the office of the COCOBOD CEO, the move is to develop taste of Cocoa …

The Head of Local Government Service, Nana Ato Arthur has debunked claims that electing Metropolitan Municipal and District Chief Executives (MMDCEs) will divide the country. He said such a move will rather strengthen local governance and hasten development in the country. Nana Ato Arthur who was speaking in a Citi …

The Ghana Educational Service (GES)  has rejected claims that it has approved a new syllabus for Senior High Schools in the country. Images of a purported Social Studies text book have gone viral on social media following inscriptions on it which suggests that it was from a new SHS syllabus …

The Director General of the Ghana Health Service Dr Nsiah Asare has been reassigned to the Presidency as advisor on health matters to the president. His reassignment took effect on November 1,2019. He is to be replaced by the deputy director general of the Ghana Health Service Dr. Anthony Ofosu, …

The Board of Directors of CalBank have nominated Mr. Philip Owiredu as the new Chief Executive Officer of the Bank, subject to Bank of Ghana’s approval. Mr. Owiredu has been the Bank’s Executive Director/Chief Financial Officer (CFO) since 2011. Upon approval, Mr. Owiredu will assume the Chief Executive Officer position …

Dear Mr Reviewer General, For the past three years, you have been singing dirges about hardships having scourged the Ghanaian people due to what you describe as the Akufo-Addo administration’s failure to provide a better leadership for the country. You go about labelling yourself as the Messiah to save the …

Senior Housemaster of the Presbyterian Boys Senior High School at Legon in Accra (Presec-Legon) has denied reports of a flu attack at the school. He has urged the public to remain calm. Mr Kofi Yesu said there was no cause for alarm because although school authorities have received reports from …

Rev Prof. Afful-Broni, the Vice-Chancellor of the University of Education, Winneba has found himself in fresh trouble as pressure has begun to mount on the University Council to remove him. This because the Member of Parliament for the Effutu constituency in the Central Region, Alexander Kwamena Afenyo-Markin, has written to …

Ghana’s parliament on Wednesday, 6 November 2019 approved the $600-million loan agreement for the Cocoa Productivity Enhancement Project. Several initiatives such as mass cocoa-spraying exercises, agronomic support and input subsidies are expected to be undertaken under the project. The loan is sourced from AfDB. The House approved the loan through …

Some 30 students of the Presbyterian Boy’s Secondary School (PRESEC) at Legon in Accra have been quarantined by health officials. This is after some students reported to the school’s clinic complaining of headaches and general weakness. There are claims that the development is another case of a Flu outbreak but …

The Minority in Parliament has alleged that the double-track system being implemented by the Education Ministry has caused a lot of teenage pregnancies among female students nationwide. According to the Minority, over 1400 female students have been impregnated since the double-track system was implemented in September 2018. The NDC MPs …

The Ghana National Petroleum Commission (GNPC) will continue to be afflicted with political interests and interference until non-partisan managers are appointed to lead it, the Chief Executive Officer of GASSOP Oil Kojo Poku has observed. According to him, GNPC will not be able to operate and function like other global …

Parliament is today expected to approve the US$600 million credit facility meant for the Cocobod cocoa sector stimulus programme despite concerns raised by the minority over certain aspects of the facility. The stimulus package which is being financed with a loan facility from the African Development Bank will, among other …

Parliament has deferred the approval of a 600 million dollar loan facility for the Ghana Cocoa Board’s (COCOBOD) cocoa productivity enhancement programme. This was after the Minority Leader, Haruna Iddrisu questioned the utilization of 68 million dollars for hand pollination, 5 million dollars as part of the school feeding programme …