The General Transport, Petroleum and Chemical Workers Union (GTPCWU), has called for a reduction in the price of fuel to help ease the cost of living of Ghanaian workers. According to the national secretariat of the union in a statement issued recently, the frequent unannounced fuel price hikes were dealing …
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Banking sector gets GH¢1.5 billion fresh capital injection– PwC survey
The banking sector received about GH¢1.5 billion in fresh capital last year as banks moved to meet the Bank of Ghana’s December 31, 2018 deadline to meet the minimum capital requirement, a PwC survey has shown. The BoG’s directive to the banks provided three sources of meeting the GH¢400 million …
Read More »Government exposed over GH¢800m GAT cash
Contrary to earlier claims by the government that is not providing some GH¢800 million to the Ghana Amalgamated Trust (GAT) to support NIB and ADB, it is emerging that such a move has actually been initiated. The minority in parliament through its spokesperson on Finance Isaac Adongo last Tuesday accused …
Read More »Comrade Godwin Ako Gunn writes; Ghana Beyond Corruption, The Confession Of A Diplomat
When the level of corruption in a nation becomes gargantuan and leadership is exhibiting irresponsibility, a foreigner will tell you to shut up and ask of aid to rather deal with your personal corruption and that of your appointees. In medical care, diagnosis will determine what drug the Doctor will …
Read More »Chairman of Afro Arab Group Grabs Another International Award
The astute and affable business mogul Alhaji Salamu Amadu has been honored by the Pan African Leadership and Entrepreneurship and Development Centre (PELEDEC) at the 3rd edition of the child summit held at the British Council in Accra. This award is in recognition of his philanthropic work in supporting the …
Read More »Africa’s Premiere Agriculture Forum Secures $500 Million for Young Agripreneurs
Leaders from across Africa and around the world pledge new action to address the impacts of climate change on food production while revealing the hidden power of African agribusiness (Accra, Ghana, September 6, 2018)– A $500 million commitment to developing agriculture opportunities for young Africans, a “Deal Room” that delivered …
Read More »2019 Farmers Day to focus on agribusiness – Gov’t
The government says it intends to gradually shift the focus of agriculture in Ghana from a subsistence farming approach to an agri-business approach using the 2019 national Farmers Day as a starting point. Agriculture has for centuries been operated in Ghana as a subsistence activity with few practitioners focusing on …
Read More »Cholera looms as contractors abandon toilet projects over nonpayment
There is a looming cholera outbreak in parts of the Country as contractors have, en bloc, abandoned ongoing construction of automated modern toilet facility projects under a Public Private Partnership between Ghana First Company and the Government of Ghana. Over 200 existing public toilet facilities in communities across the country …
Read More »51-year-old trader takes advantage of Free SHS
Comfort Nutsugah, a 51-year old trader, has taken advantage of government’s Free Senior High School Policy to further her education. Ms. Nutsugah, a mother of six, who sells used clothing after school hours, is a first-year General Arts Student of the Keta Senior High Technical School in the Volta Region. She is …
Read More »Ghana secures US$20m Saudi funds
The Government of Ghana has secured a US$20m concessional funding for the construction of additional facilities, supply and installation of medical equipment to the adjunct clinical block at the Bolgatanga Regional hospital in the Upper East Region. At a signing ceremony between the Government of Ghana and the Saudi Fund …
Read More »SSNIT pays GHC1.7 billion to pensioners as at July 2019
The Social Security and National Insurance Trust (SSNIT) has paid over GH¢1.7 billion to more than 200,000 pensioners on the pension payroll as at July 2019. It has also reduced its average benefits processing time from 21 days in 2018 to 17 days and registered 106 per cent of its …
Read More »Katanga Hall conversion: Government eats humble pie
Government has succumbed to pressure from various bodies in protest against the conversion of the University Hall otherwise known as Katanga Hall of the Kwame Nkrumah University of Science and Technology (KNUST) into a mixed hall. The decision by the Governing Council of the University last year was met with …
Read More »Keep Katanga as all-male hall – Govt to KNUST Council
The government has urged the authorities of the Kwame Nkrumah University of Science and Technology (KNUST) to maintain University (Katanga) Hall as an all-male hall of residence. Education Minister Dr Mathew Opoku Prempeh said while the running of the university is the sole preserve of the university’s council, it is …
Read More »Court puts on hold plans by BoG to collapse GN Savings
The Bank of Ghana has been ordered by an Accra High Court to hold on with any plans to hand over GN Savings and Loans Company Limited to a receiver. Justice George Koomson has directed that until the outcome of an application for interlocutory injunction is established the regulator and …
Read More »The PDS puzzle! Consultant ‘clears’ firm – But govt, MiDA reject report
FTI Consulting, a United States-based consulting firm commissioned by the Millennium Development Authority (MiDA) to investigate whether or not Power Distribution Services (PDS) Ltd duly won the contract to manage the assets of the Electricity Company of Ghana (ECG), has confirmed that insurance guarantees were, indeed, paid to back the …
Read More »Another Headmaster sacked for ‘sabotaging’ Free SHS
The Headmaster of Donkokrom Senior High School, John Mensah Dzokoto, has been sacked by the Ministry of Education through the Ghana Education Service. The Headmaster was transferred from Klo Agogo Senior High School in the Yilo Krobo Municipality to Donkokrom in the Afram Plains North District of the Eastern Region …
Read More »Outrage as government snubs ‘Conti’ in Katanga reversal letter
There’s anger from former residents of Unity Hall (Conti) at the Kwame Nkrumah University of Science and Technology (KNUST) after a government letter “prevailing” on the authorities of the University to reverse University Hall back to an exclusive male residence conspicuously left them out. Former residents of the hall took …
Read More »Sekondi-Takoradi, Effia Kwesiminstim hit by Africa Swine Fever outbreak
The Sekondi-Takoradi Metropolis and the Effia Kwesiminstim Municipality have been hit with an outbreak of the Africa Swine Fever. The fever is suspected to have affected the government allocated pigs under the Rearing for Food and Jobs programme. This was captured in a letter addressed to the Minister of Agriculture …
Read More »We’ll fight Otumfuo if he endorses Hall conversion – Katanga alumni
The alumni of the University Hall of the KNUST has vowed to challenge the Ottumfuo Asantehene Osei Tutu the second should he endorse the conversion of Katanga Hall into a mixed hall. The alumnus is angered the management of the University has gone ahead to admit female students into the …
Read More »Good news for Menzgold clients as NAM1 reveals when monies would be paid
The embattled CEO of Menzgold Company Limited, Nana Appiah Mensah, has revealed that the company is getting ready to pay customers soon. According to him, Menzgold is “preparing actively” to settle all customers. In the post sighted by YEN.com.gh, NAM1 warned some people he described as “Demagogues” not to muddy …
Read More »Don’t undermine injunction – Court warns BoG in GN Savings & loans’ case
An Accra High Court has advised lawyers for the Bank of Ghana not to undermine the current injunction suit against the revocation of the license of GN Savings and Loans. The judge, Justice Koomson who gave the caution said due to a pending application, all action or processes being undertaken …
Read More »Cocoa price: Rainy days ahead – Cocobod CEO to farmers
The Ghana Cocoa Board (COCOBOD) has given hints that the country’s cocoa farmers would soon have something to smile about in the coming days as far as the pricing of cocoa beans for the 2020/2021 season is concerned. According to Cocobod CEO Joseph Boahen Aidoo, cocoa farmers would have nothing …
Read More »CEDEP Holds Town Hall Meeting At Asante Akim Municipality
Officials of Centre for the Development of People (CEDEP) have organized a town hall meeting for the people of Asante Akim South Municipality of Ashanti region. The holding of the event formed part of the execution of a year project dubbed; “PROMOTING CITIZENS’S PARTICIPATION, INCLUSION AND ACCOUNTABLE GOVERNANCE AT THE …
Read More »Korlebu Teaching Hospital CEO Commended For His Vigorous Transformation Agenda
The korle bu senior staff Association (KOSSA) has lauded the chief executive officer of the Korle Bu Teaching Hospital for his efforts in transforming the hospital. Mr. Charles Ofei-Palm, president of the Association thanked the board chairman Dr. Bernard Okoe Boye who also doubles as the Member of Parliament for Ledzokuku, Heads …
Read More »Pregnant women dying due to lack of ambulances – Dr Ofosu
The Upper East Regional Director of the Ghana Health Service (GHS), Dr Winfred Ofosu has attributed the high maternal mortality ratio in the Region to lack of ambulances to readily transport expectant mothers to major referral health facilities for management. He said a total of 19 maternal deaths were recorded …
Read More »Work begins on replacement of Accra Mall ceiling
The Centre Management of Ghana’s first large-scale mall, Accra Mall, has announced the commencement of work to replace the entire ceiling at the mall. The project, which has been approved by the Board of Accra Mall Limited will start on Friday, September 6, 2019 and be completed by March 2020. …
Read More »SSNIT pays GHC1.7 billion to pensioners as at July 2019
The Social Security and National Insurance Trust (SSNIT) has paid over GH¢1.7 billion to more than 200,000 pensioners on the pension payroll as at July 2019. It has also reduced its average benefits processing time from 21 days in 2018 to 17 days and registered 106 percent of its target …
Read More »Kwabena Duffuor, others sued over GHC5.7bn uniBank cash
Defunct uniBank Ghana Limited under the receivership of Nii Amanor Duodoo has sued Dr. Kwabena Duffour, HODA Holdings Ltd, Star life Assurance and 7 others at the High Court. The plaintiff, uniBank, among other reliefs is praying the court for an order for the recovery of some 5.7 billion cedis …
Read More »5 Katanga hall boys arrested
The Police in Kumasi have arrested five members of the University Hall, popularly known as Katanga. The students and some alumni had gathered at Maxima, few meters from KNUST campus, holding placards such as “We want our hall back’ and ‘Kum y3n pr3ko”. A team of police deployed to disperse …
Read More »Govt inaugurates 17-member new UEW Governing Council
A 17-member Governing Council on Thursday was inaugurated for the running of the University of Education, Winneba (UEW) following the expiration of the old council’s tenure. The 17-member Governing Council, chaired by Prof Obeng Mireku, consists of four government appointees, the Vice Chancellor of UEW, Rev Prof Afful-Broni and two …
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