Asante Gold has begun operations of the processing plant and associated equipment at its Bibiani gold mine in Ghana. The pure gold exploration and development company plans to carry out a 14-day evaluation period during which it will control, calibrate operating systems and align critical equipment “under full load”. Bibiani, …
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Prof. Lydia Aziato is the first nurse to attain the position of Vice Chancellor
There is good news for the nurses and midwifery community in Ghana as one of their own has just walked into the annals of history in the country by her appointment as the new Vice Chancellor of the University of Health and Allied Sciences at Ho. Until this appointment, Professor …
Read More »Strengthen BoG to fight against use of foreign currency – Economist
Dr. Samuel Worlanyo Mensah, an Economist, with the Center for Greater Impact Africa, has called for a strategic policy to strengthen the Bank of Ghana to fight against the use of foreign currencies in the country. He explained that BoG needed to be resilient in stabilising the Ghana Cedi to compete with …
Read More »World Bank Downgrades Ghana…Over GALOP Implementation
The World Bank has downgraded Ghana in the implementation of the Ghana Accountability for Learning Outcomes Project (GALOP). This follows a report released after a technical discussion mission of a World Bank team at their second visit to inspect the implementation of the various educational interventions. Significantly, GALOP is funded …
Read More »Ablakwa questions Akufo-Addo’s anti-corruption credentials
Samuel Okudzeto Ablakwa, North Tongu Member of Parliament, has stated that there is a lack of commitment in fighting corruption on the part of President Nana Addo Dankwa Akufo-Addo. The lawmaker cited the instance of conflict of interest situations involving companies linked to Minister of Finance Ken Ofori-Atta and Minister …
Read More »Pupils abandon school to harvest tomato
Pupils of Nsuta Dahomey D/A Basic School in Fanteakwa South District in Eastern region have abandoned school to harvest tomatoes and assist their parents in selling at the market. Absenteeism is high during tomato harvesting season in June and July every year. The situation is affecting academic performance of the …
Read More »Ghana loses gold production top spot in Africa as output falls
Ghana loses its position as the top gold producer in Africa after output fell nearly 30 percent in 2021. The volume of Gold declined to 2.818 million ounces in 2021 from 4.022 million ounces in 2020, the lowest level of output since 2008. Mr Joshua Mortoti, the President of the …
Read More »Cedi to stabilise as policy rate hikes take effect
EU sanctions on Russian banks are exacerbating Africa’s growing food crisis by making it difficult to pay for wheat exports, according to African Union chair and Senegal President Macky Sall. He told EU leaders that the worst is still ahead if global food supply issues persist. The food crisis has …
Read More »Gov’t earmarks $1.2m World Bank cash for dilapidated structures
Minister for Education, Dr. Yaw Osei Adutwum, has assured Council of Heads of Basic Schools their concerns over poor infrastructure are being addressed. The council in a communique outlined a number of challenges confronting basic education including poor infrastructure. Addressing the media after the World Bank cleared him of any …
Read More »Top 5 wealthy entrepreneurs in Ghana
With every passing year, new millionaires and billionaires emerge in Africa, and Ghana is no exception. With a touted business-friendly environment and poised investment destination in Ghana, there still remains a group of individuals who have earned their net worth through various means such as investment on the stock exchange, …
Read More »Newmont completes acquisition of properties to support land use planning in Tahltan territory
Newmont Corporation is announcing that it has closed a transaction with Skeena Resources Limited to acquire certain properties located in Tahltan Territory in northwestern British Columbia. Newmont will work in collaboration with the Tahltan Nation, the Iskut community and the British Columbia government to make available portions of the acquired …
Read More »30 pupils of Pentecost Preparatory School escape death in Oyoko accident
About 30 pupils, a female teacher, and the driver of the Pentecost Preparatory School in Koforidua have been involved in a near fatal accident Thursday morning. Only a few sustained injuries but all victims have been rushed to the Eastern Regional Hospital in Koforidua. The accident occurred at about 7:00 …
Read More »Bawumia inaugurates $50m bulk power supply point at Kasoa
The Vice-President, Dr Mahamudu Bawumia, has inaugurated a $50 million bulk power supply point at Kasoa in the Central Region on Wednesday, 1 June 2022. The 435 MVA project, funded by the Millennium Development Authority (MiDA) under the Ghana Power Compact Agreement with the Government of the USA, is the …
Read More »VIDEO: Bimbilla hospital cancels scheduled surgeries over water disconnection
The disconnection of water to the Bimbilla Hospital over a GH¢220,000 debt has led to elective surgeries being cancelled, according to the facility’s management. “Yesterday we had to cancel seven elective surgeries because we didn’t have water to operate,” Dr Barihama Adam, the hospital’s medical superintendent, said. He felt there …
Read More »Gold Fields to acquire Yamana Gold for US$6bn
Multi-listed Gold Fields is set to acquire Canadian-based Yamana Gold in a deal worth more than $6 billion. Yamana is a leading precious metals producer with significant gold and silver production, development and exploration stage properties and land positions throughout the Americas, including Canada, Brazil, Chile and Argentina. The all-share …
Read More »Only two sachet water producers certified in Tamale – GSA
Only two out of the many sachet water producers in the Tamale Metropolis are registered and certified with the Ghana Standard Authority (GSA) – a situation authorities say pose health risks to consumers. According to the GSA, most producers use filters and other machines that are not approved, hence, the …
Read More »Tolon SHS Classrooms converted into dormitories
Authorities of the Tolon Senior High School in the Northern region have been forced to convert some classrooms into dormitories to accommodate students due to the recent fire outbreak incident. The girls’ dormitory was gutted by fire on Thursday, May 19, 2022. The fire outbreak burnt the top floor of …
Read More »Nurses, midwives paying between GHS15K and GHS20K for postings – RNMAG president
The president of the Rotational Nurses and Midwives Association of Ghana, Mr Jerry Martins Aziamati, has called on the government to eradicate the corruption that has plagued the posting of nurses and midwives at the ministry of health. According to him, the ministry is engrossed in corruption as far as …
Read More »Finance Ministry ranked most fiscally reckless institution in Ghana – IMANI Index
A report by IMANI Africa has ranked the Finance Ministry as Ghana’s most financially reckless ministry. According to the report dubbed the ‘2022 Fiscal Recklessness Index,’ the Ministry has recorded over 11 billion cedis in losses to the state due to acts of omission and commission by its officials. The …
Read More »‘We are doomed’ – Adongo on cabinet’s price control consideration
Deputy Ranking Member of Parliament’s Finance Committee, Isaac Adongo, has bemoaned a decision considered by Cabinet to implement a price control mechanism to help stem soaring inflation. This comes after a leading member of the governing New Patriotic Party, Gabby Asare Otchere-Darko disclosed that President Akufo-Addo and his cabinet opted not to introduce …
Read More »Petrol, diesel prices to hit GHC10.949 pesewas – COPEC predicts
The Chamber of Petroleum Consumers (COPEC) is forecasting an upward adjustment in the price of petrol and Liquefied Petroleum Gas (LPG) in the first pricing window of June 2022. According to COPEC, The ex-pump estimations based on the Petroleum Price Indicators and elimination of taxes amounting to 15 pesewas per liter …
Read More »Majority have made Ken Ofori-Atta a ‘tin god’ – Muntaka
Alhaji Mohammed-Mubarak Muntaka, Member of Parliament for Asawase and Minority Chief Whip, has accused the Majority in Parliament of making Ken Ofori-Atta, the Finance Minister a tin god. Speaking on JoyNews’ PM Express show, the one-time Sports Minister bemoaned that several attempts to get the Finance Minister to the floor of Parliament …
Read More »Cedi has depreciated by 15.8% – BoG Governor
Bank of Ghana Governor Ernest Addison has said developments in global capital markets, combined with internal challenges that resulted in the rating downgrade of Ghana’s economy, have played out to exacerbate price and exchange rate pressures in the domestic economy. The Ghana cedi, he noted, came “under severe pressure in the first …
Read More »Legal practitioner petitions A-G to prosecute BoG officials for cedi depreciation
A private Legal Practitioner and Law Lecturer, Dr. John Baiden has petitioned the office of the Attorney-General to prosecute officials of the Bank of Ghana over the rapid depreciation of the Ghana Cedi. In his petition, he said, “The Bank of Ghana has compromised the Ghana cedi. It is out of line and …
Read More »Re-channel part of your SDR portions for Africa – Akufo-Addo to developed economies
President Nana Addo Dankwa Akufo-Addo has, through a declaration, called on wealthy economies to channel a portion of their Special Drawing Rights (SDRs) for Africa through the African Development Bank (AfDB). “Call on wealthy economies to channel a portion of their Special Drawing Rights (SDRs) for Africa through the African Development …
Read More »GH¢50m released to NHIS – Annoh-Dompreh
The government has released an amount of GH¢50 million to the National Health Insurance Scheme, according to the Majority Chief Whip, Frank Annoh-Dompreh. The amount is part of the budgetary allocation of the scheme for the year. Earlier in the month, the Minority Caucus in Parliament bemoaned the effects of …
Read More »What a typical Accra market scene looked like in 1961
Accra is indeed one of the beautiful places many visit in Ghana. After exploring tourist sites in the regional capital, most people visit some known markets and public places including the Arts Centre to buy goods. As the popular saying goes, ‘some things never change’ and this is reflective in …
Read More »Twitter investor sues Elon Musk and platform over takeover bid
A Twitter investor is suing Elon Musk and the social media platform over the handling of the billionaire’s $44bn (£34.9bn) bid for the company. The case alleges he violated California corporate laws in a number of ways. It accuses the Tesla boss of “wrongful conduct” as his “false statements and …
Read More »You were touted as an economic messiah but you’ve failed’ – Economist to Bawumia
Economist and international relations expert, Dr. Julius Kattah has described Vice President Dr. Mahamudu Bawumia as a failure. He argued that although Dr. Bawumia has consistently been touted as an economic messiah, he has failed to live up to expectations. Dr. Kattah was of the view that the Vice President as leader …
Read More »Fufuo Methodist primary school pupils study in church building
Pupils at Fufuo Methodist Primary School in the Atwima Nwabiagya North District of the Ashanti Region , are now using a church building in the community as their classroom for academic activities. The students from both primary five and six and numbering about 100 have been struggling with their daily school works …
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