BUSINESS

Contractors going bankrupt; pay them – Nduom

The Chairman of Groupe Nduom, Dr Papa Kwesi Nduom, has said the delay by the government in paying local contractors, some of whom, he said, are customers or investors, has led to the lock-up of GHS2.2 billion from the Groupe’s Gold Coast Fund Management, alone.“When we keep fighting for Ghanaian …

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Akufo-Addo to rename Sunyani Uni. after Busia

The University of Energy and Natural Resources (UENR), Sunyani, Bono Region, is to be named after the late Prime Minister of the Second Republic, Professor Kofi Abrefa Busia, President Nana Addo Dankwa Akufo-Addo has announced.He made the announcement at the 4th Congregation of the University in Sunyani on Saturday, 10 …

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Article: The “Garden City” turning into a “Garbage City”

There is a saying that cleanliness is next to Godliness thus the significance of cleanliness and hygiene cannot be overlooked by any society. Every faith and civilisation stresses the importance of cleanliness. Historically, cleanliness has been considered one of the important factors by which to judge a civilisation or society’s …

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Unpaid contractors run to Otumfuo for intervention

Contractors who are owed by the government in various sectors have taken their demand for payment a notch further by petitioning the Asantehene, Otumfuo Osei Tutu II to intervene, MyNewsGh.com reports. Consequently, a meeting has been scheduled on Wednesday, August 14 at the Manhyia Palace where the contractors would meet …

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Let’s engage in issue-based politics – Reverend Asante

Professor Emmanuel Asante, the Chairman of National Peace Council, has urged Ghanaians to desist from engaging in politics that have the potential of causing harm to others and derailing the peace of the country. Rather, he called for political discourse with a focus on issue-based discussions and exchange of ideas …

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Mouse causes ‘dumsor’ in Kumasi

A big mouse, which certainly is stubborn, recently caused power cuts in some areas in Kumasi, the capital of Ashanti Region, it has been revealed. Power supply to affected areas suddenly got cut and attempts by the Electricity Company of Ghana (ECG) to detect the fault and repair it always …

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Cocoa farmers’ price to be increased to GHC8,000 per tonne

Ghana will raise cocoa farmgate prices by 5.2% for the 2019/20 season, the first increase in four years, following strong sales of export contracts to chocolate makers and cocoa houses, industry sources have told Reuters. The farmgate price will rise to GH¢8,000 (US$1,523.81) per tonne for the season starting in …

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COCOBOD to sign $1.5b loan syndication agreement next month

COCOBOD is set to sign its annual cocoa loan syndication deal with some 20 French banks in September 2019. This was after it secured Parliament’s approval to borrow up to $1.5 billion to aid cocoa purchases for the 2019/2020 crop season. Details of the deal Joy Business understands that COCOBOD …

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We’ll clear all 2018 arrears by end of August – NHIA assures

The National Health Insurance Authority (NHIA), says it has commenced payment of all arrears of claims of healthcare providers for the year 2018. According to the NHIA, it expects to complete the payment by the end of August this year. Earlier, the Responsive Healthcare Service Providers Association of Ghana and …

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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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