The Ghana Education Service in the Western Region has served notice to teachers in the area to brace up for a 10 per cent deduction from their salaries for occupying government bungalows. In a letter sighted by Starrfm.com.gh, the Director of Education in the Western Region, Mrs. Felicia Agyeibea Okai referred …

Assin Central Member of Parliament, Kennedy Agyapong has revealed that despite being in charge of several businesses, he does not take bank loans. According to him, the sole reason for that posture is because of the ridiculous nature of interest rates charged by the banks. Addressing students of the University of Professional Studies …

The government earlier this week announced the removal of the Value Added Tax (VAT) on pharmaceutical ingredients in Ghana. Similarly, the VAT on selected finished pharmaceutical products have also been removed. This is to ensure that the cost of medicines in Ghana is reduced, the government said. “Government removes VAT …

Management of Kwame Nkrumah University of Science and Technology (KNUST) has authorised Takoradi-based rapper, Kofi Kinaata‘s Things Fall Apart song to be studied in the school. Effective the first semester of the 2021/2022 academic year, level 200 students of the English department will take it up. This was announced on the Twitter page of Voice …

Director of the Institute of Statistical, Social and Economic Research (ISSER), Prof Peter Quartey, has indicated that the main cause of the depreciation of the Ghana Cedi is speculation by Ghanaians. According to him, speculations that the Cedi will further depreciate against the major currencies encourage people to buy more …

MP for Bolgatanga Central Constituency, Isaac Adongo, has clapped back at the Bank of Ghana after over he calls “cooked reserves.” Ghana’s cedi has been on a depreciation spree since the beginning of this year. As of Friday, March 10, 2022, the dollar was selling at GH¢7.65. This according to the business community …

To stay in development and grow business opportunities within the subregion, Guinness Nigeria PLC has moved its corporate headquarters from Lagos, Nigeria to Ghana. The development will place Guinness Nigeria in the league of other businesses like Unilever and Dunlop that have left Nigeria for Ghana. According to a report …

Vice President Mahamudu Bawumia says the Government will continue to motivate teachers and expand school infrastructure to achieve the best outcomes in the education sector. He said interventions like the School Feeding Programme, the Free Senior High School (SHS), the focus on Science, Technology, Engineering and Mathematics (STEM) and Technical, Vocational and …

Assin Central Member of Parliament, Kennedy Agyapong has revealed that despite being in charge of several businesses, he does not take bank loans. According to him, the sole reason for that posture is because of the ridiculous nature of interest rates charged by the banks. Addressing students of the University …

The price of iron rods on the market starting from 1/4 (6mm) to 32mm (40ft) high tensile has jumped by 34% in less than 24 hours, MyNewsGh.com has filed. This is the second time MyNewsGh.com is covering the price of iron rods after our January 2021 report on same. At …

This will be the second time workers of Textiles Ghana Limited, producers of GTP and Woodin fabrics in Tema, have disallowed their Managing Director from entering the factory’s premises. The workers who embarked on a sit-down strike stated that their MD, Fatoumata Doro, was treating them unfairly after she neglected …

Majority of the basic schools in the Yilo Krobo Municipality in the Eastern Region are contending with an acute shortage of furniture in their respective institutions, the Municipal Public Relations Officer of the Ghana Education Service (GES) has said. Mr. Solomon Sakitey in an interview said the situation continues to …

The price of fuel (diesel and petrol) has risen again at least for one of the major Oil Marketing Companies (OMCs) in Ghana, from GH¢8.29 to GH¢8.49 per litre. This would be the fourth time in less than three months that the prices of diesel and petrol have increased. In …

The Ghana Cocoa Board (COCOBOD) has denied claims that it is unable to account for the $1.3 billion cocoa syndicated loan for the 2020/2021 crop season. The Member of Parliament for Juaboso, Kwabena Mintah Akandoh, on Thursday asserted that COCOBOD has failed to give a tangible explanation about the whereabouts …

The Microfinance and Small Loans Centre (MASLOC) has recovered only GH₵90 million of the GH₵204 million disbursed over the last five years, representing 45 per cent payment. Hajia Abibata Shanni Mahama Zakariah, the Chief Executive Officer of the Centre speaking to the Ghana News Agency in Bolgatanga on the sidelines …

Ghana Investment Promotion Centre (GIPC) has denied paying for the lighting of Ghana flag on the Burj Khalifa on March 8, 2022. This is in reaction to reports on social media platforms that the centre paid for the lighting of the Ghana flag on the tallest building in the world …

The Electricity Company of Ghana wants to increase tariffs and has, accordingly, tabled a proposal before the Public Utilities and Regulatory Commission (PUC), the Director at the office of the Managing Director of ECG, Mr Noble Dorwume, has said. He announced the intention in Tamale, the capital of the Northern …

A deputy Ranking Member of Parliament‘s Finance Committee, Isaac Adongo has questioned the motive behind government’s decision to spend GH¢22 billion on the banking sector cleanup. His comments come following a downgrade of two of Ghana’s biggest banks; GCB Plc and Ecobank Ghana Limited by rating agencies Moody’s and Fitch. Fitch Ratings assigned …

The impact of COVID-19 on Ghana’s economy cannot be discounted especially because even the global economy was so impacted that multilateral lenders like the World Bank and International Monetary Fund, IMF, were also broke at a point. This is the view advanced by Thomas Kusi-Boafo, the Chief Executive Officer (CEO) …

Ghana’s Kotoka International Airport (KIA) has been adjudged the Best Airport by Size and Region in Africa by the Airports Council International’s (ACI) at the Airport Service Quality (ASQ) Award 2021. This would be the third consecutive time the KIA is receiving the award recognition. A statement issued by the …

The Ministry of Health(MoH) has announced that it will commence the recruitment of medical doctors and dentists on Monday, 14 March 2022. The recruitment exercise is for medical doctors and dentists who have completed their House Job and have been verified by the Medical and Dental Council. “Qualified applicants are …

Online drivers in Kumasi, the Ashanti regional capital, have declared a sit-down strike to protest against the ride-hailing apps’ stagnant fares despite the persistent rise in fuel prices. The drivers of Uber, Bolt and other ride-hailing apps, said although the fares have not been increased, the Apps have increased the …

Following some publicity promotions made ahead of a yet-to-be-launched cryptocurrency named “Freedom Coin,” the Bank of Ghana in a release, cautioned the public against trading in the new cryptocurrency. According to the BoG, persons hoping to trade in Freedom Coin will be doing so at their own risk as the …

Member of Parliament for North Tongu, Samuel Okudzeto Ablakwa, has sarcastically made a case for a solution to Ghana’s economic woes. According to him, Finance Minister Ken Ofori-Atta must be encouraged to seek financial bailout from the Ashanti Regional Chairman of the New Patriotic Party, Bernard Antwi Boasiako, also known as Chairman Wontumi. The …

The Member of Parliament for Juaboso, Kwabena Mintah Akandoh has accused the government and the Ghana Cocoa Board (COCOBOD) of not being able to account for the $1.3billion cocoa syndicated loan. He said no tangible explanation has been given when asked about the whereabouts of the funds. In 2019, a consortium of …

The Minority in Parliament is demanding the immediate removal of three taxes on petroleum products to mitigate the impact of rising prices of crude oil on the international market. The demand by the minority comes as consumers are currently buying Petrol and Diesel above 8 cedis from the pumps. The …

The Bank of Ghana (BoG) has warned Ghanaians against trading in the yet to be launched   cryptocurrency named “Freedom Coin”. “The public is hereby cautioned that neither this cryptocurrency nor the promoting company has approval from Bank of Ghana to operate in the banking and payment sector. “In line with …

Subsidy on inputs under government’s flagship ‘Planting for Food and Jobs’ (PFJ) programme has been cut further for the upcoming 2022 crop season, a document available to the B&FT from the Agriculture Ministry has indicated. The decline in subsidies by government will expectedly impose an extra financial burden on smallholder …

The West African Examination Council (WAEC) has released provisional results of 52,974 candidates who sat for the 2021 West African Senior School Certificate Examination(WASSCE) for private candidates. The results of 696 candidates alleged to be involved in various examination malpractice have been withheld pending the conclusion of investigations. “These malpractices …

The Municipal Director of GES in Bawku, Azeriya Ayeriga, has indicated that his office has granted releases to over 100 basic school teachers. According to Ayeriga, the teachers sort to leave Bawku because of the current insecurity caused by the constant fight between factions in the municipality, graphic online.com reports. …