BUSINESS

Only 4 MRI machines active – Health Minister

The Minister of Health has confirmed that Ghana has only four active Magnetic Resonance Imaging (MRI) machines stationed in selected Government Hospitals. According to the Minister, Kwaku Agyeman-Manu four (4) out of the seven (7) Magnetic Resonance Imaging (MRI) Machines in major hospitals across the country are functional. The Minister in his …

Read More »

What Ken Ofori-Atta is expected to tell Parliament

Finance Minister Ken Ofori-Atta is expected to brief Parliament on various steps the government is taking to address challenges facing the economy. Currently, President Nana Addo Dankwa Akufo-Addo is chairing a crunch meeting with his ministers, MPs, as well as members of the governing NPP to find solutions to the challenges facing the country at the …

Read More »

Cabinet retreat: IMF bailout is not on agenda – Presidency

The Presidency has debunked media reportage that the government will be considering an IMF bailout as President Nana Addo Dankwa Akufo-Addo chairs a cabinet retreat that started on Thursday, March 17 and is expected to end on Sunday, March 20, 2022. Ghana is currently faced with economic difficulties that have necessitated a …

Read More »

Squatters on Tema General Hospital premises endanger staff, patients

Squatters have invaded the premises of the Tema General Hospital, posing danger to residing medical staff and patients at the facility. There have been several reports of robbery attacks on the hospital premises, which the Tema Metropolitan Assembly (TMA) believed were linked to the squatters; Mr Yohane Amarh Ashitey, the …

Read More »

Torrential rain rips off roof of Bekwai SHS

Torrential rains in Bekwai in the Ashanti Region have ripped off the roof of some schools in the area. The rains, which lasted for hours on Thursday, 17 March 2022, caused an interruption in power supply, leaving the town in darkness. The roof of some classrooms at the Bekwai Senior …

Read More »

AU to set up Africa-owned credit rating agency

The Africa Union’s (AU) quest to establish an African Credit Rating Agency for the continent through the African Peer Review Mechanism (APRM) is likely to be instituted this year, CEO of the organisation Professor Eddy Maloka has said. Prof. Maloka was addressing participants at a sensitisation meeting on APRM support …

Read More »

Transport fares to go up again on Monday

Barely three weeks after transport fares were increased by 15 percent, road transport operators have warned of yet another increment from Monday, March 21 if fuel prices are not reduced. The recent transport fares took effect from Saturday, February 26 and due to the escalating fuel prices in Ghana, transport …

Read More »

Akua Donkor outlines how she would ‘arrest’ Cedi depreciation

Founder and leader of the Ghana Freedom Party (GFP), Akua Donkor, has blamed the current economic hardships in Ghana on the exportation of raw materials and mineral resources from the country. She argues the exportation and sale of these resources at a cheaper price and then importing their finished products …

Read More »

Review free SHS – Prof. Adei tells government

Prof Stephen Adei has urged the government to review its flagship Free Senior High School policy. Speaking on Joy News, the economist and Chairman of the National Development Planning Commission stated that the flagship programme has stretched the already impacted economy seeing that government allocates about GH¢7.5 billion every year to the …

Read More »

Armed robbers attack KsTU student’s hostel at Asafo

Fear has gripped students of Kumasi Technical University (KsTU) in the Ashanti region following attacks on male student’s hostel by armed robbers at Asafo. The students fear that if adequate measures are not put in place, they might be forced to quit school to protect their lives. Their concerns follow a …

Read More »

Teachers paying rent for gov’t bungalows valid – GES

The Ghana Education Service (GES) has justified the decision for teachers to pay 10 per cent of their salaries to occupy government bungalows. According to the GES, the letter from Western Regional Education Director was purely based on the Ministry of Finance’s circular which the GES fully endorse. “Management of …

Read More »

Fuel prices shoot up by 18.2%, cumulative rise in 2022 at 53.9%

The ex-pump price of petrol and diesel has shot up by a record 18.2 per cent Wednesday afternoon, March, 16, 2022. The Ghana News Agency has observed that some Oil Marketing Companies (OMCs) adjusted their rates upwards from GHS8.2 per litre to GHS9.7 per litre, representing an increment of GHS1.50 …

Read More »

NPA awaits directives from Finance Ministry on fuel prices

The National Petroleum Authority (NPA) says it has made a request through the Energy Ministry to the Finance Ministry to “review or reduce or remove” some taxes and levies on petroleum products in the country. The NPA says it is waiting for the Finance Ministry to do its analysis on …

Read More »

Trotro mate runs away with daily sales

An Accra-based Trotro driver identified only as Ato last Tuesday night cursed his stars after the conductor popularly known in Ghana as mate absconded with the daily sales when the day activities came to an end. The incident was said to have occurred at about 7:45 p.m. at Odorkor in …

Read More »

Cedi to fall by 20% over next 12 months – RMB Markets

The cedi’s woes are set to worsen if current conditions persist, as it is likely to depreciate by more than 20 percent against its major trading counterpart, the dollar, in the next 12 months, RMB – the corporate and investment division of FirstRand Bank – is projecting. This comes as …

Read More »

Drivers issue one week ultimatum for Gov’t to reduce fuel prices

Concerned Drivers Association of Ghana(C-DAG) has given government a one-week ultimatum to have the price of petrol reduced. The drivers contend the GHC 8.44 mark per litre of petrol is highly abnormal and causing an unbearable hardship on them, hence the call. They have threatened failure to heed to this …

Read More »

10% rent payment cost-effective for teachers – GES

The Spokesperson of the Ghana Education Service, Cassandra Twum Ampofo, has described the 10 percent rent payment required of staff of Senior High School as cost-effective. According to her, the expenses involved in using the government or school bungalows is far less compared to what the teachers and or staff …

Read More »

Meet the 38-year-old man in the same class with his children

A 38-year-old man’s ambitions of being a refined gentleman has got him studying in the same class with his three children. Jean Pierre from Rwanda said he is not ashamed to be a primary three pupil, studying in a government school just like his children. Disclosing what inspired him, Jean …

Read More »

Phase 2 of UG Medical Centre complete, fully operational

The Management University of Ghana Medical Centre has today announced the completion of phase II of its Centre. The CEO of the facility Dr. Darius Osei said the UGMC housed three main focal areas; a 1000 bed clinical services section, a Medical Training and Simulation Centre and a Medical and …

Read More »

Cedi breaks the 8, selling at GH¢8.12

Ghana’s cedi has passed the GH¢8 mark to sell at GH¢8.12. This is according to AfriSwap. The Cedi is however trading against the dollar at a buying price of GH¢7.94 whiles the British pound is selling at GH¢10.17 and buying at GH¢10.17. The Euro is also selling at GH¢8.33 and …

Read More »

COPEC threatens to stage demo over fuel price hikes

The Chamber of Petroleum Consumers, Ghana (COPEC), says it will embark on a demonstration, if nothing is done, about the current hike in fuel prices by the close of the week. This comes on the back of predictions that petroleum prices at the pumps could increase from GH¢8.22 to GH¢10.00 …

Read More »

Prices of eggs increase by 10%

The Poultry Farmers Association of Ghana has announced an increment in the prices of eggs by 10% effective Monday 14 March 2022. Per the new prices, a crate of eggs is now selling between GHC27 and GHC35 depending on the size and place of purchase. Napoleon Agyemang, the national president of the …

Read More »