Some pupils in the Northern Regional capital, Tamale have appealed to government and striking teachers in the country to resolve their differences quickly to prevent a catastrophe in the upcoming Basic Education Certificate Examination, BECE. Already, performance in the BECE in the Region has been a major source of worry …

The Electronic Transfer Levy will not be discontinued despite an application to the International Monetary for a financial bailout, the Finance Ministry has said. The Ministry said the IMF bailout is a means to help the country shore up its foreign reserves thus tax measures including the electronic transfer levy …

Learning was paralysed in public schools Tuesday after teachers proceeded with their planned strike across the country to demands for the payment of Cost of Living Allowance (COLA). When the OTEC FM News crew visited public schools in Kumasi metropolis in the Ashanti Region, pupils turned their classrooms into playing grounds as while others were …

A visit to selected basic and second cycle schools in the Ashanti region by GBCNews showed a mixed reaction of the interested parties to the strike action declared by labour unions at the pre-tertiary educational level. While a greater majority of teachers were complying with the industrial action with only …

Nadia Abdul Aziz, a reclusive Ghanaian executive, is arguably one of the richest business leaders in Ghana and West Africa due to her multimillion-dollar stake in Asante Gold, a Canadian Securities Exchange-listed gold exploration, development, and operating company. Aziz, a leading financial professional who took over as a director of …

Tuesday’s rains came and went, leaving behind a trail of damage in most parts of Accra. The University of Ghana was not an exception as the Mensah Sarbah Hall is reported to have flooded. The flood was as a result of the overflowing of the gutters due to the heavy …

The Ghana Education Service (GES) has directed Heads of Senior High Schools to mobilise their management teams to ensure the safety and wellbeing of all students in schools. GES further directed heads of basic schools not to shut down their facilities, despite the ongoing strike by teachers. This comes after …

The prevalence of phony and illegal agrochemicals on the Ghanaian market is a source of worry to stakeholders in the agricultural sector, with the CropLife Ghana warning that between 25 to 35 percent of imports into the country are fake or banned. According to the Organisation for Economic Co-operation and …

The Ghana National Association of Teachers, National Association of Graduate Teachers, Coalition of Concerned Teachers Ghana and the Teachers and Educational Workers Union have effective today, Monday, June 4, 2021, commenced a nationwide strike action. The strike according to the leadership of the Teacher Unions, is a result of the …

The National Petroleum Authority (NPA) has announced that it is restoring the full Unified Petroleum Price Fund (UPPF) margin on petroleum products. It made the announcement to players in the industry on Thursday June 30, 2022, indicating that the decision takes effect from Friday, July 1, 2022. “We hereby wish …

After 14 years of shutdown, Coastal Groves Limited, a wholly owned Ghanaian organic orange juice processing factory in the Central Region of Ghana, was on Tuesday, re-inaugurated by the Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH. The ceremony took on behalf of the German Federal Ministry for Economic Cooperation and …

The governor of the central bank, Dr.Ernest Addison, has said that legal frameworks have been firmed up to commit Ghana into trading in local currencies among countries in the African continent. He said the central bank has embarked on reforms which will enhance financial transaction with Ghana and it’s neihghbouring …

Food prices have risen globally in recent years. It began with the coronavirus pandemic that made farmers and food producing companies unable to cultivate and produce food in sufficient quantities. Many food factories ran out of raw materials for their operations. Farmers have since returned to the fields and factories …

In May, 2022, Finance Minister, Ken Ofori-Atta, reiterated government’s stance on going to the International Monetary Fund (IMF) for financial assistance. According to him, government was committed to not returning to the IMF because interventions and policies had been put in place to ensure sufficient macroeconomic gains for the local economy …

The management of the Kumasi Kejetia Market in the Ashanti region has said it is working with the Electricity Company of Ghana (ECG) to procure separate meters for traders in the market. The traders have declined to pay bills, as a protest to the failure of the management to give …

On the Interbank forex rates from the Bank of Ghana today, July 1, 2022, the Ghana Cedi is trading against the dollar at a buying price of 7.2269 and a selling price of 7.2341. As compared to yesterday’s trading of a buying price of 7.2209 and a selling price of 7.2281. …

The Ghana Revenue Authority (GRA) will on Friday, July 1, 2022, begin the full roll-out of the implementation of the Electronic Transaction Levy (E-Levy). The levy introduced in 2021 was met with a lot of opposition by the Minority Members of Parliament with backing from the majority of Ghanaians. After …

  A post shared on social media in which a user paid numerous taxes to the tune of GH¢7,400 on an imported MacBook Pro laptop left many users dumbfounded. This came to light after the tax invoice covering the laptop was shared on Twitter. COVID-19 Recovery Levy, Ghana Education Trust …

While in opposition, the New Patriotic Party in the lead up to the 2016 elections consistently lambasted the John Dramani Mahama administration particularly on issues bothering on the economic management of the country. From corruption allegations to inflation issues, the NPP accused NDC of gross incompetence at managing the economy and further saddling Ghanaians …

The New Patriotic Party (NPP) flagbearer hopeful Kennedy Agyapong has indicated that he will use Col. I.K Acheampong’s template to govern Ghana. According to him, Acheampong is the President of Ghana he trusted and believed in his philosophies. “For me the President I trust and believed in his philosophies was …

The Ghana Private Road Transport Union (GPRTU) has said they are looking at increasing transport fares by 15 per cent. The Public Relations Officer of the GPRTU Alhaji Abass Imoro who said this on the Key Points on TV3 Saturday, June 25 said they are waiting to reach an agreement …

The government is currently engaging with Toll and Route Management Limited to develop other employment modules for the re-engagement of toll workers, Mr Bright Wireku-Brobbey, the Deputy Minister of Employment and Labour Relations, has announced. He said as part of plans to restore the workers and cushion them, the government …

Twenty-seven teachers in some basic schools in the North East Region have been dismissed by the Ghana Education Service (GES) for allegedly joining the service with fake appointment letters. The victims are said to have secured postings to the various schools with fake appointment and posting letters bearing the signature …

Ghana Export Promotion Authority (GEPA) has announced that Ghana has become the world’s largest exporter of yam after raking in $48 million last year. According to Asaaseradio.com, Ghana now controls 24% of the $200 million global export market. This has led to the growth of the country’s export value from …

At least seven trader unions at the Kumasi Kejetia market have directed their members to shut down their shops after the Electricity Company of Ghana, ECG, took the trading hub off the national grid due to a GHC5 million debt. Wednesday’s crackdown by the power distributor has affected business at …

The Tema Oil Refinery (TOR) is expected to restart operations in the coming months to help boost the domestic supply of refined oil products in the wake of the ongoing global oil market crisis. The state-owned refinery when fully operational is expected to produce some 45,000 barrels of oil per day. A …

Ghana International Bank PLC (GIB) has been fined 5.8 million pounds by a United Kingdom regulator – Financial Conduct Authority (FCA) for failing to adhere to anti-money laundering and counter-terrorist financial controls. The breach in the anti-money laundering and counter-terrorist control, the FCA said, happened over its correspondent banking activities …

The Electricity Company of Ghana has cut a grid again to the Kumasi Kejetia Market in the Kumasi Metropolis of the Ashanti region over unpaid bills. The power was disconnected from the market by the power distribution company on Wednesday, June 22, 2022. Due to the power cut, the market …

Amid rising interest rates on the money market, Chief Executive Officer of Letshego Ghana, Arnold Parker, has revealed that interest rates on Qwikloans will increase in the coming weeks. Qwikloan, an innovative financial solution by Letshego Ghana and MTN Mobile Money (MoMo), provides short-term, unsecured, quick and convenient loans to …

Persons affected by the viral disease; Monkeypox in Ghana include a 9-month-old baby, the Ghana Health Service (GHS) has disclosed. The country has recorded 72 cases of Monkeypox so far, with 18 positive tests as of Tuesday, June 14 2022. Speaking at a media engagement on Wednesday, June 22, 2022, …