BUSINESS

Masawudu Mubarak; The Sacrificial Lamb For Muntaka Mubarak?

The so-called democratic political party has bared its undemocratic teeth to one of its own. Walking majestically to the Asawase Constituency office of the NDC, Masawudu Mubarak, clothed in innocence, asked to be sold the nomination forms of the party to enable him to contest in the parliamentary primaries of …

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1D1F: Ekumfi pineapple company almost done

The Ekumfi Pineapple and Fruit Juices Company which is part of the government’s One District-One Factory programme is near completion, the Secretariat has said in a statement.On Friday, 19 July 2019, the National Coordinator for the One District-One Factory Programme, Gifty Ohene-Konadu, inspected the project, which is located at Ekumfi …

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New cocoa minimum price could jeopardise market share – Haruna Iddrisu

The Minority Leader in Parliament, Haruna Iddrisu, says the Akufo-Addo Administration is gambling with the country’s share in the global cocoa market following the agreement of a new minimum price with Cote D’Ivoire. Though the Ghana-Cote D’Ivoire relationship in cocoa marketing may be strategic, the Minority Leader argued that the …

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DOWNLOAD MP3: Beyonce ft Shatta Wale

The much awaited song – Already – by Beyonce featuring Ghana’s dancehall king Shatta Wale on the Lion King: The Gift album has been released. The album also features big names such as Childish Gambino, Jay-Z, Kendrick Lamar, Pharrell. Other Africa music big weights such as Tekno, Yemi Alade, Mr. …

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Ghana’s public debt hits GhC200bn

Ghana’s total Public debt has hit GhC 200 billion as at May, the Central Bank announced in its latest Summary of Economic Data. This means government borrowed about GhC 2 billion alone last month. The minority in parliament had earlier warned the debt stock has reached 200 billion cedis last …

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Ghana, Ivory Coast lift ban on cocoa sales

Ghana and Cote D’Ivoire have lifted the suspension of cocoa sales for the 2020/2021 season, effective July 16. The decision was contained in a joint communiqué issued and signed by Mr. Joseph Boahen Aidoo, the Chief Executive of the Ghana Cocoa Board, and the Chief of Cote d’Ivoire’s Coffee and …

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Kwesi Manni Releases New Single – Sleepless Nights 

Kwasi Manni is a rising independent versatile multi genre reggae artist also known as Jahemblem A creative songwriter who is capable of incorporating reggae vibe in any genre of music he does. His unique soothing and romantic vocals makes him sound more like the “cool Ruler” Mr Gregory Isaacs, the …

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Foreigners in retail: Blame yourselves – Murtala to GUTA

Leadership of the Ghana Union Traders Association (GUTA) is to blame for the influx of foreigners in Ghana’s retail sector, a situation that contravenes the Ghana Investment Promotion Centre (GIPC) Act, Mr Murtala Mohammed, a former Deputy Minister of Trade and Industry, has said. Mr Murtala explained that when he …

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Rawlings congratulates Mamfe Girls robotics team

Former President Jerry John Rawlings has congratulated students of the Methodist Girls High School at Mamfe, Akwapim for winning the 2019 edition of the World Robofest competition held in Michigan, United States. Team ACRO-BOT from the Mamfe High School came first beating opposition from the United States, Mexico, China, Hong …

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Nigerian gov’t mulls revamping of primary, secondary healthcare

Nigeria will soon begin the implementation of a guideline to have all states registered for the basic healthcare provision fund, according to the minister of health Isaac Adewole. Adewole told the Nigerian Senate on Tuesday that the implementation would be sooner than expected when he appeared to speak on the …

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Gold Coast customers stage “Nduom kum yen preko” demo

Customers of Gold Coast Fund Management in the Ashanti Region have called on President Nana Addo Dankwa Akufo-Addo and the government to intervene and help them retrieve their locked-up investment from the owner of the company, Dr Papa Kwesi Nduom.The aggrieved customers say all attempts to get their locked-up investments …

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ACEP demands immediate review of 13 petroleum agreements

The Africa Center for Energy Policy (ACEP) has urged government to, as a matter of urgency, review all existing Petroleum Contracts and their deliverables to ensure that companies who are not complying with their contracts are sanctioned appropriately. According to ACEP, out of the 15 active Petroleum Agreements, beyond the …

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Selling $60m Komenda Sugar Factory for $12m is fraud – Haruna Iddrisu

The Minority Leader Haruna Iddrisu has described the Trade and Industry Ministry’s planned sale of the Komenda Sugar Factory as a rip-off. The Tamale South legislator said the decision to sell the Indian government-financed entity defies logic and has the potential to damage the existing relationship between the two governments. …

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Bonzali Rural bank strives in its operations

Despite the daunting challenges in the financial sector in 2018, Bonzali Rural Bank Limited (BRB) managed to carry out its strategies extremely well to uphold its financial performance and stay afloat. As at 31st December 2018, the bank recorded a total deposit of GH26,138,762.00 as against a figure of GH26,001,724.00 …

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€127m for NVTI projects

Parliament has approved a loan of €127million to overhaul NVTI programmes, Deputy Minister of Education in-charge of Technical & Vocational Education & Training, Gifty Twum-Ampofo, has disclosed. Speaking to DAILY GUIDE after touring some technical and vocational institutions in Koforidua, she said part of the loan would be used to …

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AUDIO: Teachers declare strike over murder of headmaster

  Teachers at East Akyem in the Eastern region are have declared indefinite strike following the gruesome murder of the 55-year-old headmaster of Asiakwa Salvation Army Junior High School. The deceased, George Somuah Bosompem died at the St Joseph’s hospital in Koforidua where he was receiving treatment after he had …

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ESLA PLC accrues GH¢5.9 billion in assets

The total assets accruing to the Energy Sector Levy Act (ESLA PLC) increased by 2.5% for the first quarter of 2019 compared to the same period in 2018. According to the unaudited financial statement of ESLA PLC, the figure increased from 5.76 to 5.9 billion cedis for the period spanning …

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BoG to begin circulation of upgraded cedi notes today

The Bank of Ghana (BoG) will today begin the circulation of its enhanced GHc10, GHc20 and GHc50 notes. According to the Bank of Ghana, both the old and the new notes will be used concurrently until the old ones are phased out. New features on the new notes include a …

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NabCo trainees settle on Friday to hit the streets

Beneficiaries of government’s Nation Builders Corps program have decided on Friday October 10 to ‘go red’ on government over the seeming nonchalance about their prolonged grievances over unpaid salaries. This was contained in a communiqué issued by the coalition on Monday May 6, 2019. The decision comes after several failed …

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Deputy GCB-Bank MD caught in age-cheating

As President Akufo-Addo sacks over 60-year Olds from government, the Deputy Managing Director (MD) of GCB-Bank in-charge of operations, Samuel Amankwah, has been caught in an age-cheating scandal, affording him extra years to remain at post, at a time he is supposed to have retired. Documents available to The Herald, …

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Akufo-Addo launches first drone to supply drugs

President Nana Addo Dankwa Akufo-Addo will later Wednesday, April 24, witness the first medical supply via drone at the New Tafo Government Hospital in the Eastern Region. This will follow the first official launch of a drug-carrying drone from a launch site at Omenako, near Suhum, in the Eastern Region. …

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