BUSINESS

Bawumia presents Ghana’s new look in London

Vice-President Dr. Mahamudu Bawumia yesterday had an auspicious opportunity to dangle the new face of Ghana when he delivered a keynote address during the Financial Times Africa Summit in London. He lavishly showcased the digitization project of Akufo-Addo’s government novelty which he said had transformed the age-old methods of doing …

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Pick our calls and come for your money – Gold Coast to customers

Gold Coast Fund Management, now Blackshield Fund Management says some of their customers are influencing others from accepting their new payment plan. According to the firm, the aggrieved customers have intentions of destabilizing companies of their founder Papa Kwesi Ndoum hence their insistence on a demonstration. “We have announced and …

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Ronaldo scores 700th career goal in Portugal defeat

Cristiano Ronaldo reached a career landmark on Monday by scoring his 700th career goal in Portugal’s Euro 2020 qualifier at Ukraine. The 34-year-old scored a penalty as Portugal lost 2-1. His 700 goals so far have come from 973 matches – and he has scored at least once in 458 …

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Withdraw CST directive – Ato Forson to Communications Minister

Cassiel Ato Forson, Member of Parliament for Ejumako-Enyan-Esiam constituency wants the government to withdraw a directive to Mobile Network Operators (MNOs) to halt the upfront deduction of the Communication Service Tax (CST). Mr Forson said the directive, issued by the Communications Minister, Mrs Ursula Owusu-Ekuful is unlawful, as she has …

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SHS Gold track set to re-open on November 12

The Management of the Ghana Education Service (GES) has said November 12 is the new date for the re-opening of Senior High School (SHS) Two Gold Track. The decision was made at a joint meeting between the Management and Conference of Heads of Assisted Senior High School (CHASS) Executives. A …

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Sex for grades: Lecturer openly dares female students

The raging controversy about sex for grades scandal that has hit two prominent West African Universities, the University of Lagos and University of Ghana lingers. In a recent development, a senior lecturer in a Nigerian university has dared some of his students. Only identified as liyu Maigado, he sought to …

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Two die from rabies at Somanya

Two persons have been confirmed dead from rabies in Somanya in the Yilo Krobo Municipality of the Eastern Region. The situation has left some residents worried over what they believe is an outbreak of the disease. The Regional Health Director, Dr. Albert Antarah who confirmed the news said one of …

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Auditor-General chases Osafo-Maafo to retrieve US$1miilion

The Auditor-General is pursuing Senior Minister, to provide evidence of actual work done by the private investigative firm; Kroll and Associates, which the government, through the Finance Ministry, paid the company over US$1 million for assets recovery. Interestingly, The Herald’s findings show that they might not be a company called …

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Ghana Consolidated Diamonds will be revived

Nana Addo Dankwa Akufo-Addo, has assured the Chiefs and people of Akwatia that Government will do all within its power to revive the Ghana Consolidated Diamonds Ltd., (formerly Great Consolidated Diamonds Company Limited), which is no longer in operation. According to President Akufo-Addo, the Ghana Consolidated Diamonds Ltd, in times …

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I’ll review Free-SHS within 90 days in office – Mahama

Former President Mahama has insisted that he will review the government’s flagship free-shs policy within his first 90-days in office if elected in the  2020 general elections. He noted that he will engage relevant stakeholders to ensure that the policy is bettered. According to him, the current government did not …

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Free SHS: Over 1,500 kitchen staff to be employed – NAPO

Over 1,500 kitchen staff are expected to be employed into the country’s educational setup in the coming days to support current ones who have been overly burdened by the double-track system, according to Minister of Education Mr Matthew Opoku Prempeh. Last year 8,700 teachers were employed to support the teaching …

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No more expiry of voice, data bundles – Telcos ordered

The Ministry of Communications has directed telcos to roll over all unused data and voice bundles purchased by customers. This will mean unused data and credit will not expire. “All unused data and voice bundles purchased by subscribers do not expire and must be rolled over with the next recharge,” …

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GES releases teacher postings

The Ghana Education Service (GES) has released the postings for teachers who have returned from their study leave. Those teachers who were on leave with pay are supposed to log-on to http://gespromotions.gov.gh, to access their various postings. A release, signed by Mrs Adwoa Van-Vicker the Director for Human Resource and …

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Finance Ministry meets financial institutions over 2020 budget

Officials of the Ministry of Finance have met a number of Financial Institutions as part of the series of engagements with stakeholders to solicit views for consideration into the 2020 Annual budget. The PFM law requires the Ministry to engage with different stakeholders for their inputs before the annual budget …

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Ursula Owusu-Ekuful accuses telcos of milking consumers over CST deduction

Communications Minister, Ursula Owusu-Ekuful has accused the mobile telecommunications companies of milking consumers over the implementation of the recently increased Communication Service Tax (CST). In a letter written to the National Communication Authority (NCA), the Minister said before the increment in the CST from 6 to 9 percent, telcos were …

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Gov’t orders telcos to stop passing on 9% service tax to subscribers

The Communications Ministry has ordered Mobile Network Operators (MNOs) to stop passing on the 9% Communication Service Tax (CST) to subscribers. In a letter addressed to the National Communications Authority (NCA), and published in full below, the Communications Ministry stated that the CST should be treated the same way VAT, NHIL, …

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Kayayei increase charges

Head potters, popularly called ‘kayaayei’, have increased their charges for the services they offer. According to the lady porters, the increase has become necessary due to recent increment in fares and utility tariffs in the country. They explained that though they did not have specific charges, they had agreed not …

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Afro-Arab Boss Wins ’40 Under 40′ Banking and Finance Award

The Chief executive Officer (CEO) of the Afro-Arab Group, Alhaji Salamu Amadu won the award for the Banking and Finance category of the 2019 40 Under 40 Awards. He owns the Afro-Arab Microfinance Company Limited, a Tier-2 microfinance company licensed by Bank of Ghana to operate the business of microfinance. …

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Ghana’s economy in good shape – IMF

The International Monetary Fund (IMF) has given Ghana’s economy a clean bill of health. According to the fund, Ghana’s economy remained stable and projected a seven per cent Gross Domestic Product (GDP) growth for 2019. A team from the Breton Woods institution, led by Mr Carlo A.E. Sdralevich, which is …

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Mampong: Akufo-Addo opens 2nd medical drone delivery base

President Nana Akufo-Addo on Thursday, 10 October 2019 officially launched Ghana’s newest medical drone delivery base at Mampong during a tour of the Ashanti Region. This is the second of four medical drone delivery bases earmarked for construction to help expand access to critical and life-saving medicines for patients across …

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Rafarazzi Pays Courtesy Call On Italian Ambassador To Ghana

In quest to push Made in Ghana products to the world, One of the fastest growing fashion designer in Ghana Rafarazzi presented his Fanny pack/waist bag which has risen to be the passport for Ghanaians living abroad popularly known as #ghanaba?? to the Italian Ambassador to Ghana His Excellency Giovanni …

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