BUSINESS

110 Headteachers to be transferred for charging unapproved fees

The Ghana Education Service is set to transfer about 110 headteachers in the Ga West Municipality in the Greater Accra Region for taking unapproved fees. The headteachers reportedly did not obey the GES’ directive not to take monies from pupils as printing fees for their third term examination. All the …

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U.S. not ready to remove Sudan from terrorism list

The United States still needs to resolve longstanding issues with Sudan before it can consider removing it from its list of state sponsors of terrorism, a senior State Department official said on Wednesday. Earlier this week, Sudan’s military rulers and the main opposition coalition initialled a constitutional declaration paving the …

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PDS ‘takes over’ ECG operations again

The Electricity Company of Ghana (ECG) has handed over almost all its operations back to the Power Distribution Services days after the government suspended the concession agreement with the latter. It is unclear the reasons for the sudden u-turn. ECG was recently put back in charge of power distribution in …

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Provide jobs before you sack us – Prostitutes bare teeth

Commercial sex workers in Kumasi in the Ashanti Region have bared their teeth at the Ashanti Regional Security Council over attempts to get rid of them from the streets. Their reaction is a response to Ashanti Regional Security Council embarking on an exercise to clamp down on prostitutes and their …

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New tax measures in supplementary budget to rake in GH¢513m

New tax measures outlined in the supplementary budget is expected to rake in a significant amount of revenue to the state. A breakdown of revised estimates as captured in the appendix shows that the state could rake in additional GH¢513 million in additional to what has already been projected in …

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NAM 1 receiving medical attention

The embattled CEO of Menzgold Company Limited Nana Appiah Mensah (NAM 1) is receiving medical attention and will address the public soon on matters relating to his business and the refund of locked-up funds to his customers, Head of Communications for Menzgold Nii Armah Amarteifio has said.NAM 1 was released …

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Takoradi Flour Mill shutdown; workers asked to go home

All activities at the Takoradi Flour Mill have been brought to a halt after the Executive Director, Serge Bakalian, asked all workers to go home with immediate effect. A memo to all departments intercepted by Starrfm.com.gh revealed that the decision was taken due to a “perceived hostile and antagonistic stance …

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Ada Kasseh market in deplorable state; traders cry for help

Information reaching YEN.com.gh indicates that the Ada Kasseh Market located in the Ada East District( Ada Constituency) is in a very deplorable state. The market which since time immemorial served not only towns and villages in the two sister Districts but others of the Ewe land, has been left in …

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Zimbabwe hikes fuel prices by 26%

Zimbabwe has increased the price of petrol and diesel by up to 26 percent after the finance minister raised import tax on fuel last week, adding more pressure on citizens grappling with triple-digit inflation. Prices of basic goods and services have more than doubled since June, when the government renamed the RTGS currency …

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‘Chop Bar’ operators unhappy with ban on wildlife hunting

Operators of eateries in Accra popularly known as Chop Bars have expressed mixed feelings amidst the ban on wildlife hunting announced by the Forestry Commission. The ban took effect on August 1, 2019, and expected to be lifted on December 1, 2019. Per the ban, during the period, only grasscutters …

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Deadly fungal infection hits SA private hospitals

A deadly, drug-resistant fungus called candida auris is spreading around the world at an alarming rate, reported Business Insider. Hundreds of thousands of people die annually from antibiotic-resistant superbugs – bacteria that evolve so quickly that existing treatments are useless against them. But it’s not just bacterial infections that are spreading, drug-resistant …

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Woman drinks her own urine to make her skin glow

A woman who has been drinking her own urine and rubbing it on her face for over a decade claims it improves her skin and overall health, the Daily Mail has reported. Ruby Karyo, 30, from Glen Burnie, Maryland, has been gulping down urine and spritzing it on her face …

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Gov’t Shuts Down Ghana Manganese Company

The Ministry of Lands and Resources has indefinitely closed down the Ghana Manganese Company Limited (GMCL) citing huge loses to the state for the period of 2010 – 2017. The decision, according to the sector Minister, Kwaku Asomah-Cheremeh, follows the apparent lack of transparency in the operations of some mining …

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N/R: NASPA Donates 26,000 Books To Students

The 2018/2019 Northern region chapter of the National Service Personnel Association (NASPA) has donated a total of twenty six thousand (26,000) branded exercise books to 26 Districts in the region. The donation forms part of activities marking the Northern region NASPA week celebration. The books according to the association will …

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Amantia JHS Wins Asante-Akyim Quiz Competition

The Amantia Junior High School (JHS) has won the maiden edition of the Asante-Akyim South Municipality’s inter-schools quiz competition held at Juaso, the district capital. The school emerged winner with a total of 115 points to beat competitors from Asankare JHS which took the second position with 93 points in …

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Be wary of beard growth products – FDA

The Food and Drugs Authority (FDA) has stated that it has not approved the sale of any product purported to enhance or help with beard growth as being advertised on certain products. According to the Head of Medical Devices, Cosmetics and Household Chemical Substance Inspectorate Division at the FDA, Mr …

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Ghana to be fastest growing economy in 2020 — IFC predicts

Sérgio Pimenta, IFC Vice President for the Middle East and Africa, says Ghana can be one of the fastest-growing economies in the world if the government maintains its prudent economic management system. He noted that looking at the financial performance of Ghana – the numbers, the macro framework and the …

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Police rescue one of five kidnapped RCCG Pastors

The Ogun State Police Command on Saturday said it rescued one of the five Pastors abducted by suspected Fulani herdsmen. The Command, in a statement by the Police Public Relations Officer, DSP Abimbola Oyeyemi, said one of the victims, Deaconess Ibelegbo Chidinma, was rescued unhurt. He assured that the remaining …

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The names behind PDS revealed

There have been some speculations on the composition and credibility of the Ghanaian local consortium holding 51 per cent of the shares in the Power Distribution Services (PDS) Ghana Limited with some suggesting that a group of barbers at Osu in Accra are the ones behind it.The government on Tuesday …

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How murdered policewoman escaped death at Shatta Wale’s show

The killing of a policewoman, Corporal Agatha Nana Nabin, at a checkpoint on Tuesday, has set the rumour mill agog in the Northern Regional capital of Tamale, with various theories being propounded. An investigation The Chronicle is conducting has landed on two divergent speculations, and wonders if the policewoman was …

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Parliament approves $1.5 billion cocoa syndicated loan today

Government is seeking an amount of $1.5 billion for the purchase of Cocoa beans for the 2019/2020 crop season. In a motion tabled before parliament, Cocobod wants receivables backed trade finance facility from a consortium of banks and financial institutions. It’s expected that the motion would be approved later today …

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Planned shutdown of some ‘troubled’ Savings and Loans companies eminent

The Bank of Ghana (BoG) would in coming weeks move in to “close down” some “troubled” Savings and loans companies that are facing “serious” financial challenges. This is based on some engagements that central bank have had with the these institutions over their “worsening” financial position; which has necessitated the regulator taking action. Bank …

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