BUSINESS

Wa UDS campus renamed after Dombo

The government has renamed the University of Development Studies (UDS) Wa campus, S.D. Dombo University of Business and Integrated Development Studies following the passage of the University for Business and Integrated Development Studies Bill 2018.The Minority MPs who were against the name changed refused to vote allowing the Majority to …

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Transport fares to go up as fuel price increment takes effect

Transport operators in the country are scheduled to meet on Friday, August 2 to deliberate on whether to increase transport fares following the announced increment in the Energy Sector Levy effective today. Finance Minister Ken Ofori-Atta while presenting the 2019 mid-year budget review to parliament on Monday announced increment in …

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Pupils demonstrate over classroom defecation

Pupils of Pakro Roman Catholic Primary and Junior High School near Nsawam in the Akuapim South District of the Eastern Region before vacating on Friday embarked on a demonstration against incessant defecation in their classrooms by unscrupulous persons in the Community. The pupils backed by their teachers marched through the …

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Supreme Court cancels Ibrahim’s bauxite contract

The Supreme Court yesterday ruled that the grant of three mining leases in favour of Exton Cubic, the company belonging to Ibrahim Mahama, younger brother of former President John Mahama, is null, void and of no effect. It has, therefore, cancelled the mining lease granted Ibrahim to mine bauxite in …

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Kwame Nkrumah: why, every now and then, his legacy is questioned

Kwame Nkrumah led Ghana to independence in 1957 – the first country in sub-Saharan Africa to achieve this feat. He’s still remembered for his unrepentant anti-colonial stance and strident Pan-Africanism. Above all, he is regarded as one of Africa’s ablest statesmen of the 20th century. Nkrumah has been ranked among leaders such as Vladimir …

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Don’t scrap social studies from curricula – NaSSA

Members of the National Social Studies Association (NaSSA) have called on the government to reconsider its decision to scrap social studies from the school curriculum.The group have threatened to demonstrate and picket the Jubilee House, if the subject is tampered with.Addressing a press conference in Kumasi on Wednesday, 31 July …

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Cabinet approves proposals for academic user fees

Dr Mathew Opoku Prempeh, the Minister of Education, has announced that Cabinet has approved proposals for a review of academic user fees of students. He said this was done last month and have been forwarded to Parliament for ratification. Dr Prempeh said this in a speech read on his behalf …

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South African develops app to help farmers sell beef

A pioneering app in South Africa lets investors, eager to benefit from rising global beef demand, buy shares in a cow from their mobile phone for as little as 576 rand ($41). Self-styled “crowd-farming” company Livestock Wealth connects investors with small-scale farmers via its “MyFarmbook” app, where they can buy …

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Ghana likely to lose $190m over PDS fiasco

The Minister of Energy, Peter Amewu fears cancellation of the concession agreement with Power Distribution Services Ghana (PDS) could come with some consequential loss. In an exclusive interview with TV3 on Wednesday, the minister said Ghana may not be able to access part of the second Millennium Challenge Corporation Compact …

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Kidnapped girls: Angry mother slaps suspect in court

There was drama at the Sekondi High Court 2 in the Western Region Wednesday, when a mother of one of the kidnapped girls slapped the suspect, Samuel Udoterk after he pleaded not guilty to the crime. Comfort Arhin, mother of Ruthlove Quayson, distressed by the suspect’s refusal to disclose where …

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We acted in good faith – PDS

The management of Power Distribution Services (PDS) has stated that the company has always acted in good faith with the contract it signed with the Government of Ghana.The government on Tuesday suspended the power deal it signed with PDS.The decision was communicated via a press release by Information Minister Kojo …

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Exton Cubic’s mining license invalid – Supreme Court

The Supreme Court has ruled that mining leases granted to Exton Cubic owned by Ibrahim Mahama is invalid, void and of no effect. The Court also held that the lease granted Exton Cubic did not comply with mandatory statutory provisions of the Minerals and Mining Act and article 268 of …

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Kumasi City Mall wins Gold Award for Commerce and Retail Business

Kumasi City Mall (KCM), the Ashanti Region’s pride in modern, one-stop retail shopping, picked up the Gold Award for Commerce and Retail business at the 16th edition of the Ashanti Business Excellence Awards held in Kumasi over the weekend. Some 25 companies, organisations and agencies operating in the Ashanti Region …

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US Speaker addresses parliament today

Speaker of the United States Congress, Nancy Pelosi is expected to deliver a historic address to Ghana’s Parliament today, Wednesday, 31 July 2019.The address is expected to touch on policy issues and bilateral agreements between the two countries.Also expected in the chamber will be members of the Congressional delegation who …

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FULL DETAILS: Why government suspended PDS

Government of Ghana in the late hours of Tuesday, July 30 announced the abrogation of the contract with Power Distribution Services barely six months after the company took over from the Electricity Company of Ghana. In a statement signed by Information Minister Kojo Oppong Nkrumah, it disclosed that “the decision …

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GHC2m NHIS debt cripples Kwesimintsim hospital

The Kwesimintsim hospital in the Western Region is in dire need of financial support as government is unable to pay its nine months national health insurance payments amounting in excess of 2 million Ghana Cedis. The Administrator of the facility, Felix Kesse told Empire News’ Emmanuel Ohene-Gyan that the last …

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Ghana ‘exports rosewood timber illegally to China’

About six million rosewood trees have been cut down in Ghana for illegal export to China since 2012, an environmental group says. The rare species, which takes 100 years to grow, is mostly used to make imperial-style furniture in China. The report blames corrupt officials in Ghana for forging documents …

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Ghana Cocoa Board to raise $1.3 billion in syndicated loans

Ghana Cocoa Board will raise $1.3 billion in syndicated loans for its operations in the 2019/2020 season, the Minister of Finance Mr Ken Ofori-Atta announced in Parliament on Monday. In addition to the annual syndicated loan of US$ 1.3 billion, COCOBOD has initiated processes with the African Development Bank (AfDB) …

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GHS begins mass drug administration

The Ghana Health Service (GHS) through the Neglected Tropical Diseases (NTDs) programme will from today begin the mass administration of anti-lymphatic filariasis (elephantiasis) and river blindness (onchocerciasis) drugs across 126 endemic districts in the country. In all, 15 districts have been targeted for elephantiasis, 120 districts for river blindness and …

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2019 WASSCE results released, 48,855 results withheld

The West African Examinations Council (WAEC) has released provisional results of candidates who wrote the 2019 West African Senior School Certificate Examination (WASSCE). The examination body however withheld results of 48,855 (14.12%) candidates pending conclusion of investigations into various cases of examination malpractice detected during and after the conduct of …

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Gov’t withdraws luxury vehicle tax

Government has withdrawn the luxury vehicle tax which was introduced last year. The Finance Minister, Ken Ofori – Atta, in his mid-year budget review in Parliament, said while the tax was introduced to raise revenue, “we have noted suggestions from the general public on the implementation of this tax.” The Luxury Vehicle …

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Gov’t reviews 2019 budget to GHS 85.1 billion

The government of Ghana is seeking approval for extra expenditure of some GHS 6.4billion in its Mid-Year Review and Supplementary Estimates. This was contained in the Order of Business of Parliament on Monday, 29 July 2019 ahead of the Mid-Year Review Budget presentation to parliament by Finance Minister, Ken Ofori-Atta. …

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Gold Coast customers storm Parliament over locked up cash

Hundreds of protesters claiming to be customers of Gold Coast Securities on Monday besieged the premises of Parliament and the Accra International Conference Centre (AICC) appealing to President Nana Addo Dankwa Akufo-Addo and legislators to help them retrieve their locked up cash with the Non-banking financial institution. Customers of the …

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10 things to expect from the 2019 mid-year budget review

The Minister of Finance, Ken Ofori-Atta is expected to be in Parliament on Monday, July 29, 2019 to present to the House, a review of Ghana’s 2019 budget. The presentation of the mid-year budget review is in accordance with Section 28 of the Public Financial Management Act, 2016 (Act 921). …

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