Puma Energy Ghana has reaffirmed its commitments to Ghanas energy supply and security through its diverse investments and state-of-the-art strategic energy infrastructure; to make energy easily accessible and affordable to Ghanaian households and the business community in the wake of growing consumption of petroleum products. These investments in …
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How foods wrapped in plastic sheets link to prostate, breast cancers, among others
I recently chanced on a video posted on Facebook by the renowned singer, Kofi Kinaata lamenting how fante kenkey is now wrapped with plastic rubbers, then covered with the traditional plantain leaves before cooking on the fire. His concern was that this predispose the consumers to several ailments. Indeed, this …
Read More »Bear with us, ability to pay your bonds a struggle – MoF begs pensioners
The Deputy Finance Minister Abena Osei Asare has said the government’s failure to meet coupon deadlines for pensioner bondholders is not on purpose. “We don’t intentionally stop them [payment], sometimes it’s difficult, it is the ability to pay and, so, when it is not there, it becomes a challenge, but …
Read More »World Bank calls for review of Power Purchase Agreements
The World Bank is calling on the government to review some of the Power Purchase Agreements (PPAs) as part of the International Monetary Fund (IMF) bailout to revive the ailing economy. According to the bank, many of the PPAs that the government signed with Independent Power Producers (IPPs) are expensive. The Country …
Read More »Style Spotlight: How Fashion Enthusiasts Stole the Show at the Gordon’s Pink Berry Spirit Drink Soiree
The Gordon’s Pink Berry Spirit Drink Soiree not only captivated attendees with its delightful cocktails and vibrant atmosphere but also served as a platform for trendsetters, influencers, and media personalities to showcase their impeccable style. As fashion took center stage at this exclusive event, guests embraced their …
Read More »Our African Operations are Profitable, Contribute 50% to Group Earning, Says UBA Africa CEO
Africa’s Global bank, United Bank for Africa (UBA) Plc, has announced that all its African subsidiaries are now on firm footing as they have been contributing maximally to the group’s profit margin. Specifically, the bank’s African operations have contributed close to 50% of the group’s earnings, leveraging on digital …
Read More »Ghana International Mall set to treat patrons to authentic live band music
Renowned FIFA World Cup organizer( Kenpong Travel and Tours), and managers of Ghana International Mall, Accra’s newest shopping mall, has introduced a live music festival at its premises on the Spintex Road. The ultramodern facility, which is yet-to-be opened to the public, would treat music-lovers with soothing liveband …
Read More »Ghana Trade Fair Centre to host US$300m mega data center
Africa Data Centres (ADC) will soon begin the construction of its strategic international data center as part of the Ghana Trade Fair Redevelopment Project. This serves as a major boost for Ghana in the Government’s push to make digitalisation a major economic growth pillar and employment pool for the youth. …
Read More »85 students involved in Koforidua SECTECH, New Juaben SHS clash suspended indefinitely
85 students involved in Koforidua SECTECH, New Juaben SHS clash suspended indefinitely 85 students of the Koforidua Senior High Technical School (SECTECH) have been indefinitely suspended for launching an attack on some students and teachers of the New Juaben Senior High School by the school’s management. All 85 students faced …
Read More »AngloGold Ashanti clarifies media reports on ‘trapped’ illegal miners
The management of AngloGold Ashanti has clarified media reports about some illegal miners who have allegedly been trapped in one of its mining shafts at Anwiam in the Obuasi East district. In a press release issued on Tuesday, 30 May 2023, the mining firm explained that the miners who used …
Read More »Nigeria’s dollar bonds jump after new president scraps fuel subsidy
Nigeria’s dollar bonds rallied after President Bola Tinubu scrapped the nation’s $10 billion fuel subsidy program and announced plans to adopt a uniform exchange rate. Debt due in 2047 jumped 3.3% to 66.750 cents on the dollar by 10:10 a.m. in London. Bonds due in 2049 gained 2.9% and those …
Read More »GBfoods Ghana celebrated for Exceptional Product Offerings and Leadership, Securing Seven Awards
GBfoods Ghana, a leading food manufacturing company and producers of Ghana’s favourite Gino and Pomo range of products is basking in the glory of its recent victories at not just one, but three prestigious award ceremonies solidifying their position as an industry powerhouse. The first set of …
Read More »Cedi faces pressure amid US debt ceiling negotiations
The local currency has experienced a reversal of its recent gains, losing 1.48 percent. It traded at GH¢10.98 to the United States (US) dollar at the end of last week. Initially, positive market sentiments prevailed and were attributed to approval of the US$3billion International Monetary Fund (IMF) bailout programme. However, an increase …
Read More »Former finance minister Dr Joe Abbey is dead
Renowned Economist and former Minister of Finance and Economic Planning, Dr Joe Abbey has passed away after a short illness. According to a Joy Business report, the former Government Statistician and Diplomat passed away over the weekend. Until his demise, Dr. Joe Abbey was serving as the Executive Director of …
Read More »Global Chamber of Business Leaders Calls For More Sensitivity With Women’s Health Issues At Workplace
It is not exactly a secret that women’s healthcare and reproductive issues aren’t always met with compassion in the workplace. As the world recognises International Day of Action for Women’s Health today, the Global Chamber of Business Leaders (GCBL) throws their support behind womenfolk, citing that in these …
Read More »PURC explains 18.36% electricity tariff increment after public uproar
Dr. Ismael Ackah, the executive secretary of the Public Utility Regulatory Commission (PURC), has provided details on how the Commission settled on an 18.6% tariff increment for the next quarter. He empathized and acknowledged the “current economic challenges”, but cited that although consumer satisfaction is the PURC’s top priority, it …
Read More »MASLOC SUPPORTS COMPLEMENTARY EDUCATION AGENCY IN YENDI WITH LOGISTICS
The Chief Executive Officer (CEO) of the Microfinance and Small Loans Centre (MASLOC). Hajia Abibata Shanni Mahama Zakariah has led the institution in donating logistics in the form of learning materials to the Complementary Education Agency in Yendi. The event which took place on Saturday, 27th May 2023 at …
Read More »UBA Ghana Celebrates Africa Day
United Bank for Africa Ghana (UBA Ghana) has marked this year’s Africa Union (AU) Day on May 25 with an array of initiatives. The day which is set across the African continent is set aside to celebrate Africa’s unity in diversity and also highlights the cultural and …
Read More »Prove that Keta Port is still a priority for you – KIPC CEO charges Akufo-Addo
The Keta Investment Promotion Center (KIPC) has sent a plea to President Nana Addo Dankwa Akufo-Addo to speed up the construction of the Keta Port, due to its geographical location and strategic importance to Ghana. In a statement signed by the CEO, Enyonam Adzo Apetorgbor, she said the people will …
Read More »We’ll use laptops to replace textbooks in Senior High Schools this year – Bawumia assures
The Ministry of Education, under the guidance of the government, is making preparations to introduce laptops as replacements for textbooks in Senior High Schools (SHS) nationwide. During the 60th Anniversary celebration of the Hohoe Evangelical Presbyterian Senior High School, Vice President Dr. Mahamudu Bawumia made the announcement, stating that the laptops would …
Read More »Over 500 students of Kumasi Technical Institute sent home for misconduct
Authorities at the Kumasi Technical Institute have sent more than 500 students home due to misconduct and violation of school rules. The students involved according to a citinewsroom.com were all residing in the boarding house and allegedly caused damage to school properties during a rampage on May 17. While school …
Read More »Gordon’s Pink Berry Spirit Drink Soiree Unites Trendsetters, Influencers, and Media in an Unforgettable Night of Music, Cocktails, and Good Vibes
The Gordon’s Pink Berry Spirit Drink Soiree transcended the boundaries of an ordinary gathering, becoming a night of opulence, sophistication, and delightful pleasures. This exclusive event served as a magnet for trendsetters, influencers, and members of the media, bringing them together to revel in an unforgettable fusion of …
Read More »U-Lionesses Gather for Brunch Time Connection
U-Lionesses, ladies’ association of UBA Ghana gathered for a unique event dubbed “Brunch Time with U-Lionesses.” The event created the platform for the women to enjoy conversations, food, and exciting games. Welcoming the women to the brunch, Josephine Amo-Asare, President of U-Lionesses Ghana said the activity was aimed at …
Read More »Benkum SHS Headmaster interdicted for allegedly having sex with 15 students
The Headteacher of Benkum Senior High School (SHS) in the Eastern Region has been interdicted after he was accused of engaging in sexual misconduct with students of his school, graphiconline.com reports. The Ghana Education Service (GES) took action against Emmanuel Nyarko pending investigations into his reported involvement with approximately 15 …
Read More »Africa Day 2023: Annual UBA Africa Conversations held on innovative ways for growth of continent
The United Bank for Africa (UBA) Plc, celebrated this year’s Africa Day in commemoration of African unity with the fourth edition of its annual UBA Africa Conversations which was held virtually. This year’s topic was on “Innovating the continent for growth” as five guest speakers shared some insightful tips …
Read More »Dilapidated structure collapses on pupils in Sehwi Wiawso
50 pupils have been affected following the collapse of a dilapidated Kramokrom D/A Primary school structure in the Sehwi Wiawso municipality of the Western North Region. The school authorities assisted pupils who were trapped in the building during the incident. 10 pupils were injured and rushed to the hospital for …
Read More »UBA Ghana Wins Two Major Awards
Chris Ofikulu UBA Ghana has recently been recognised for its outstanding achievements by the International Business Magazine Awards, winning two awards. The bank was named winner for Preferred Banking Platform Ghana 2023 and Preferred Bank for Business Ghana 2023. International Business Magazine is a well-established platform that recognised exceptional achievements …
Read More »Ghana’s public debt reduces to GH¢434.6 billion, 71% of GDP
Ghana’s public debt stood at GH¢434.6 billion as of December 2022 according to the Bank of Ghana’s Summary of Economic and Financial Data for April 2023. This is a reduction of GH¢141.1 billion in the country’s public debt. This represents 71.6% of the country’s Gross Domestic Product. This is a reduction …
Read More »Free SHS policy is poorly targeted, only increased enrolment – IMF
International Monetary Fund (IMF) has criticised Ghana’s free Senior High School policy saying, although it has increased enrolment, it is poorly targeted. “Ghana spends close to 4 percent of GDP on education with good results in terms of enrolment but poor learning outcomes. The flagship programme Free Senior High School …
Read More »Two babies die in hospital due to power outage in Damongo
Two babies have died as a result of a power outage at the St Anne’s Hospital which operates under the Catholic Health Directorate in Damango in the Savanna Region. The hospital had its power cut due to a debt amounting to GH¢4 million power debt owed to the Northern Electricity …
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