Adisadel College has announced the outright dismissal of a student captured in a viral tape violently assaulting a junior in a dormitory. A statement posted on the school’s Twitter account stated that the culprit, a final year student, will be outrightly dismissed and will only write his final exams with …
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GRA explores deployment of mobile portal to ease Transfer Pricing documentation submissions
Moses Yidana Moses Yidana, Head of the Transfer Pricing Unit at the Ghana Revenue Authority (GRA), has revealed that the Authority is exploring the deployment of a mobile portal to enable taxpayers submit their transfer pricing (TP) documentations via mobile phones. Last year, the GRA introduced an online portal that …
Read More »Avanti Communications Cements Market-Leading Position In Sub-Saharan Africa
Avanti Communications (“Avanti”) has been named the market-leading high-throughput satellite capacity partner in sub-Saharan Africa for the second year running. The results, from the 20th edition of the NSR Satellite Capacity Supply & Demand Analysis reports that Avanti’s market share is now more than two times that …
Read More »Komenda Sugar Factory an albatross – K.T Hammond
Minister for Trade and Industry, Kobina Tahir Hammond, has said the Komenda Sugar Factory has become an “albatross” around the neck of the country. According to him, apart from the factory not being properly set up, the company that originally undertook the construction of the factory has returned with a demand …
Read More »Thieves break into Aflao SHS, dismantle transformer, steal underground cables
Some unknown persons have broken into the premises of the Aflao Senior High School (SHS) and dismantled the electricity transformer that feeds the school with power and stolen some components in it. The hoodlums also dug out, cut off and made away with the underground cables to the transformer, leaving …
Read More »Here are 10 highest-paying jobs in Ghana in 2023
Ghana’s current economic problems have put Ghanaians in a situation where their incomes must match up with the current inflation rate. Inflation for the month of June inched up to 42.5% from an earlier 42.2% in May. This means that the prices of goods have increased by 42.5% in June …
Read More »Government imposes 21% VAT on Facebook advertisements for business and personal use
The business arm of Facebook parent company, Meta Business, will from August 1, 2023, impose a total of 21 percent in added taxes on personal and business-related advertisements made on the platform. An email from Meta Business said the charge is based on an order given by the Government of …
Read More »Some 850,000 Ghanaians pushed into poverty in 2022 – World Bank
The World Bank says some 850,000 Ghanaians were pushed into poverty in 2022 because of rising prices of goods and services. The Bank said this in its latest Ghana Economic Update report titled: “Price Surge: Unravelling Inflation’s Toll on Poverty and Food Security,” launched in Accra on Wednesday. The inflationary …
Read More »Paymentology Partners with PayCard to Drive Financial Inclusion in the Republic of Guinea
Paymentology, the leading global issuer-processor, today announces its partnership with PayCard, a FinTech offering an innovative e-wallet solution linked to a prepaid card in the Republic of Guinea, in West Africa. PayCard, launched this month, enables an electronic wallet accompanied by a payment card, providing convenient and …
Read More »Ngleshie Amanfro and Odupong Senior High Schools Receive African Literature Books from UBA Ghana
UBA Ghana, through the UBA Foundation Read Africa project, continues to make significant impact in the promotion of literacy and reading skills among students in Ghana. As part of their activities to commemorate the International Day of the African Child, UBA Ghana celebrated the day …
Read More »Chartered Institute Of Realtors To Be Launched In Ghana
The Chartered Institute of Realtors (CIR), a body of real estate professionals dedicated to providing high-quality training and learning opportunities for its members within the ever-changing real estate industry worldwide is set to be launched in Ghana. The event will draw a large audience from different facets …
Read More »Low ESG credit impact scores to blame for recent credit downgrades
Kwame Sarpong Barnieh Kwame Sarpong Barnieh, a Governance, Risk and Compliance Services (GRCS) Partner at KPMG Ghana, has attributed Ghana’s recent credit downgrades to low Environmental, Social and Governance (ESG) credit impact scores, with Moody’s citing a CIS-4 and Fitch, a CIS-5+. “Our recent downgrades that caused a …
Read More »Chris Ofikulu Named Banking CEO of The Year
Chris Ofikulu, the Regional CEO of UBA West Africa and Managing Director of UBA Ghana has been named as the “Banking CEO of the Year 2023 ” published by the World Business Outlook Awards. UBA Ghana also received accolades, including the Best Banking Service Provider in Ghana …
Read More »Over 500 business and government leaders expected to gather in Singapore for the 7th Africa Singapore Business Forum
Enterprise Singapore (EnterpriseSG), the government agency championing enterprise development in Singapore, has announced dates for the 7th edition of the Africa Singapore Business Forum (ASBF). The Forum will be held in Singapore from 29 – 31 August 2023 with the theme “Driving Africa’s Growth through Digitalisation, Manufacturing and …
Read More »Togo bird flu outbreak puts Ghana on high alert
Ghana has issued a high alert in response to the recent outbreak of Highly Pathogenic Avian Influenza A (H5N1), commonly known as bird flu, in Lomé, Togo. The Volta Regional Health Directorate confirmed that more than 1,000 birds have already been culled as a result of the outbreak. In a …
Read More »CETAG to stage strike August 1
The leadership of the Colleges of Education Teachers Association (CETAG) has issued a notice to withdraw their services across the 46 public colleges of education, effective Tuesday, August 1. CETAG has stated that the government has until July 31, 2023, to implement the negotiated allowances agreed upon. This includes the …
Read More »ECG needs private investment to settle its debts – ACEP
Executive Director of the African Centre for Energy Policy (ACEP), Benjamin Boakye, has stated that the Electricity Company of Ghana (ECG) needs private investment. According to him, government also needs to divide the financing requirements into manageable portions for Ghanaian businesses to take over. This, he said, would help the …
Read More »AFDB FUNDING EXPECTED TO CREATE THOUSANDS OF JOBS FOR YOUTH AND WOMEN
The Post COVID-19 Development and Productivity Enhancement Project (PSDPEP), with a funding of $31.34, will create a total of 4,800 direct employment and 20,000 indirect jobs after its successful execution. The Government of Ghana (GoG) five-year agreement with the African Development Bank (AfDB) is expected to contribute …
Read More »Ghana and Zambia sign MOU to foster relations
Zambia’s President, Hakainde Hichilema, and his wife Mutinta Hakainde, are in Ghana for a three-day official visit on request by President Akufo-Addo. The purpose of the visit is for the President of Zambia to grace the 2023 graduation ceremony of the Valley View University where both Presidents will be honored. …
Read More »Swapped at birth – The bizarre story of McDan
This story may sound familiar to a lot of people who were, especially, born in some rural parts of Ghana, and even elsewhere in the world, because it is not new. But in his book, ‘The Path of An Eagle; Despair, Hope & Glory,’ Dr Daniel McKorley, the Chief Executive …
Read More »Food suppliers to receive payments from July 17 – Minister
The Minister for Food and Agriculture, Bryan Acheampong, has revealed that the government will start payments of debts owed to Food Suppliers by July 17, 2023. The Food Suppliers have been picketing the National Food Buffer Stock Company (NAFCO) since July 7, 2023, to demand payment of GH¢278 million owed …
Read More »Government to build 1,000 electric charging stations by 2028 – Amin Adam
Minister of State at the Finance Ministry, Mohammed Amin Adam has disclosed that government plans to develop and build some 1,000 electric charging stations across the country by 2028. According him, the move is aimed at scaling-up Ghana’s electric vehicle position and falls in line with the implementation of an …
Read More »ECG to embark on ‘Operation Zero’ from July 11
The Electricity Company of Ghana (ECG) has announced the launch of a new nationwide revenue mobilisation initiative known as “Operation Zero.” The exercise will begin on July 11 and end on September 11, 2023, according to the company. According to an ECG statement, the two-month campaign aims to recover every …
Read More »Capital Bank case: Court orders Ato Essien to pay outstanding GH¢12 million by July 27
Convicted William Ato Essien, the founder of the defunct Capital Bank has been given at least up to July 27 to redeem his first installment of GH¢20 million to the State. It has emerged in Court on Tuesday, July 4, that Mr Ato Essien has so far paid GH¢8 million of …
Read More »Promising 2021 KETASCO NSMQ finalist dies after reportedly being poisoned
One of the 2021 National Science and Maths Quiz (NSMQ) finalists from the Keta Senior High School (KETASCO), James Lutterodt, has been reported dead after falling victim to suspected food poisoning. The sad news of the passing of James Lutterodt was contained in a report by graphiconline.com. The talented and …
Read More »3 nursing students involved in leaked sex tape suspended for one year
Management of the Kwadaso SDA Nursing and Midwifery Training College in the Ashanti Region has handed a one-year suspension to three students for leaking their sex tape online. The three, all first-year students were asked to go home for a year as punishment after admitting the offence during a meeting …
Read More »GES AND MINISTRY OF EDUCATION URGED TO INTRODUCE NATIONAL AGRICULTURAL WEEK IN THE BASIC SCHOOLS AS IT IS FOR SPORTS, CULTURE, READING AND SCIENCE & MATHS
The headteacher of Afedzi D/A primary school and doubles as the CEO of Showboyz Farms in the Twifo Atti-morkwa district of central region Mr. Isaac Agyiri (Showboy) has made a passionate appeal to the Ghana education service and the ministry of education to consider the introduction of national agricultural …
Read More »Ghana cedi classified among ‘worst spot returns’ in Africa – Bloomberg
Ghana’s local currency is still been classified among African currencies with the ‘Worst Spot Returns’, according to a Bloomberg report. On the World Currency Ranker, the cedi’s performance placed 17th, depreciating by -11.21 percent while the Zambian Kwacha was ranked first among the ‘Best Spot Returns’ for African currencies. The …
Read More »Nutritional And Health Benefits You Can Get From Eating Snails
Snails, often considered a delicacy in many cuisines around the world, are not only tasty but also offer numerous nutritional and health benefits. These small mollusks are packed with essential nutrients and have been consumed for centuries in various cultures. In this article, we will explore the nutritional and health …
Read More »Blame teachers for Ghana’s economic woes, not economists – Deputy Minister of Education
The Deputy Minister of Education in charge of Technician and Vocational Education Training (TVET), Gifty Twum-Ampofo has made a paradoxical statement that teachers must be blamed for the current economic challenges facing the country and not the Finance Minister, Ken Ofori Atta. Gifty Twum-Ampofo explained that for any country’s economy …
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