BUSINESS

LET ME GO

I was to drown in the sea, but you saved me only to be killed by you Oh! The sea tossed me from one wave of misery to the other But I liked that torture than being in your arms For the first time ever I felt something that was …

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UPSA introduces ‘dual qualification’ for students

The University of Professional Studies, Accra (UPSA), as part of its new academic policy has introduced what the University termed, as the “dual qualification scheme” for all its students. Under the dual qualification scheme which will begin this (2019/2020) academic year, students who enroll in a degree programme will compulsorily …

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GES releases GHC 7.6m for curriculum training participants

The Ghana Education Service (GES) has disbursed a further transportation allowance of GHC50 per person to participants of the just ended curriculum training programme. The money has been released to the districts through GES’ regional offices. A total of 152,000 KG to class 6 teachers across the country participated in …

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Pay your clients – SEC to Asset, Fund managers

The Securities and Exchange Commission (SEC) has assured the investing public that there is no need for “panic withdrawals” as it is committed to ensuring a sound, efficient and robust market where investors’ funds are protected.The SEC’s assurance follows the revocation of licences of 23 insolvent savings and loans companies …

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Investigate NLA Boss Over Unlawful Fees Collection- GLOA To Government

The Ghana lotto operators Association, GLOA has appealed to government to launch an investigation into the conduct of  Kofi Osei Ameyaw, Director- General of the National Lotteries Authority, NLA and some top management members for their alleged plans to collapse private lotto operation in the country. The Association in a …

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Journalist arrested over ‘fake news’

A journalist has been arrested in Tanzania accused of publishing fake news about alleged police abuse of suspects in custody. Joseph Gandye works for Watetezi TV, a station established last year by the Tanzania Human Rights Defenders Coalition (THRDC). THRDC issued a statement condemning Gandye’s arrest, saying he was being …

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We’re angry over Senyo Hosi’s attack – UTAG Legon

Members of the University of Ghana branch of the University Teachers Association of Ghana (UTAG) say they are angry over the comments of the  the Chief Executive Officer of the Chamber of Bulk Oil Distribution Senyo Hosi against the university and its management. The lecturers say they believe Mr. Hosi …

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unCredit sues BoG

The management of uniCredit has sued the Bank of Ghana (BoG) for revoking the licence of the company.uniCredit is praying the Human Rights Division of the High Court to dismiss the action of the central bank.In a writ filed on Monday, 19 August 2019, Hoda Holdings Limited, the mother company …

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$39m Dubai JD: Write for help – AG to NAM1

The Attorney-General’s Office has advised the Chief Executive Officer (CEO) of Menzgold, Nana Appiah Mensah, to officially write to seek assistance to claim a $39 million judgment allegedly awarded his company in Dubai.Similarly, lawyer for some of the affected customers of Menzgold, Amanda Clinton, has also said the businessman would …

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PPI for petroleum sub-sector records 42.2 %

‘The Producer Price Inflation (PPI) in the petroleum subsector was 42.2 percent in July 2018. The rate decreased to 31.1 percent in September 2018, the Ghana Statistical Service (GSS), has said. However, the GSS said, the sector increased again to 36.1 percent in October 2018 but resumed a downward trend …

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Small scale miners welcome new mining law

The Ghana National Association of Small Scale Miners (GNASSM) has welcomed the amended mining law, but with some reservations that it says must have been addressed before the president would assent to the bill. The amended Minerals and Mining Act, 2015 (Act 900) and the Minerals Commission Act, 1993 (Act …

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Police block PDS demo against govt

A planned demonstration against government by Civil Service Organisations (CSO’s) over the botched Power Distribution Services (PDS) deal has been foiled by the police. The protest, dubbed: ‘Drop PDS Demonstration’ is to express their displeasure against government’s inaction leading to suspension of the deal. But, the Ghana Police Service has …

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Locked-up investment: I can’t marry – Menzgold customer

A customer of the defunct gold-trading firm, Menzgold Ghana Limited, Mr Christian Tsifoakah, has said he is unable to marry because hundreds of thousands of Ghana cedis of his investment has been locked up with the company.The Chief Executive Officer (CEO) of Menzgod, Nana Appiah Mensah on Monday, appealed to …

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Effiduase-Asokore MP Supports 60 Women Expand Their Businesses

The Member of Parliament for Effiduase-Asokore Constituency in the Ashanti Region Hon. Dr. Nana Ayew Afriye has supported 60 women in his constituency with a soft loan facility from Kwadaso Citizen Credit Union for them to expand their businesses. The legislator after engaging the Board Members and the Management of …

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Mahama didn’t pay for E-Block schools – Akufo-Addo

President Akufo-Addo has told the chiefs and people of Wechianu in the West District of the Upper West Region that the Mahama government did not pay for the majority of the E-Block schools it constructed. The Mahama government had told Ghanaians that it constructed and completed some of the schools …

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Saudi Arabia deports 12 Ghanaian women

Immigration officers in Ghana have revealed that twelve Ghanaian women have been deported from the Kingdom of Saudi Arabia. They have been handed over to Ghana’s Bureau of National Investigations (BNI) for further investigation, the Ghana Immigration Service (GIS) announced in a statement. “Twelve Ghanaian females have also been deported …

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‘My customers not greedy; Menzgold not Ponzi’ – NAM1

The customers of Menzgold Ghana Limited are not greedy people, the CEO of the now-defunct gold-trading firm has said. “I do not subscribe to the assertion that Menzgold customers were greedy”, Nana Appiah Mensah told journalists on Monday, 19 August 2019 at a press conference. He also denied claims that …

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Two PDS impostors caged

Two individuals who acted as staff of the Power Distribution Services (PDS) have been put in remand by the Kyebi Magistrate Court. The two, Okai Samuel, 26, a student at Coaltar Senior High School and Prince Owusu Ansah, 27, also a student of the Accra Technical University, were arrested by …

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NAGRAT unhappy with teachers’ early recall from vacation

The National Association of Graduate Teachers (NAGRAT) is unhappy with the Ghana Education Service’s (GES) directive to third-year students in Senior High Schools to return to school earlier than the planned reopening date for extra classes. The students, the first batch of government’s Free SHS program who were supposed to …

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BoG closes down Ideal, Midland, GN and others

Bank of Ghana has closed down 23 Savings and Loans companies, Starrfm.com.gh can reveal. Documents available to Starrfm.com.gh contain some heavy weights in the savings and loans sector such as Midland, Ideal, uniCredit and Global Access whose licenses have been revoked after a review exercise in the past months. According …

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No pupil will be sacked for not wearing new uniforms – GES

The Ghana Education Service (GES) says no pupil will be sacked for not wearing the new school uniforms for Junior High School students when the academic year starts in September. Commenting on its implementation, the Director-General of GES, Professor Kwasi Opoku Amankwa said the old uniform will be phased out …

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