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 …
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Cedi performance against US dollar hits GH¢7.95 as at March 15
On the Interbank forex rates from the Bank of Ghana today, March 15, 2022, the Ghana Cedi is trading against the dollar at a buying price of 7.0265 and a selling price of 7.0335. As compared to yesterday’s trading of a buying price of 7.0215 and a selling price of 7.0285. At …
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 »VIDEO: Mood at UEW after two students were killed in an accident at Asuboi
Students of the University of Education, Winneba (UEW), are in black and red clothes to mourn their colleagues who died in Asuboi accident over the weekend. Some of the students, who spoke to Adom News, expressed their emotions after the news broke. The accident, which occurred on Sunday morning, reportedly claimed the lives …
Read More »6 African foods believed to increase chances of having twins
In many African societies, African foods are respected whilst having large numbers of children tend to be a struggle. Nevertheless, the arrival of twins is often received with so much joy by families who regard it as a blessing. Twins, the birth of two offspring from the same pregnancy, is …
Read More »Accra Psychiatric Hospital not sold – Health Minister
The Health Minister, Kwaku Agyeman-Manu has dismissed a Herald newspaper report that the Accra Psychiatric Hospital has been sold. The newspaper in its reportage on Monday, March 14, indicated that the government has sold the Psychiatric hospital to some private investors. “This follows a durbar held by the Management of the hospital …
Read More »NAGRAT takes on Gov’t for demanding rent from teachers occupying State bungalows
The President of the National Association of Graduate Teachers (NAGRAT), Angel Carbornu has strongly condemned the government’s decision to deduct 10 percent of the salaries of teachers and staff of senior high schools occupying government bungalows. Mr. Carbornu argued that the planned deduction is unfair to teachers, given the meagre …
Read More »Drivers threaten to picket, block Akufo-Addo’s Nima residence
Members of the Concerned Drivers Association of Ghana are calling on the government to reduce the price of petrol in the country. The drivers said the GHS8.44-mark per litre of petrol is highly abnormal and causing unbearable hardship. According to the drivers, the frequent increase should never be justified by …
Read More »Price of gas to further go up by March 16 – LPG marketers caution
The Price of LPG products is expected to go up again by Wednesday, March 16, according to the Vice-Chairman of the LPG Marketers Association of Ghana, Gabriel Kumi. He has, therefore, urged government to reduce taxes on LPG products. According to him, doing so will increase consumption of LPG in …
Read More »Four students died, not nine – UEW SRC
The Student Representative Council (SRC) of the University of Education, Winneba (UEW), has said that four of its students lost their lives in the road accident at Asuboi and not nine as reported early. In a Neat FM interview monitored by GhanaWeb, the Public Relations Officer of the SRC, Shadrach …
Read More »You’ll pay GH¢10, GH¢9 for litre of diesel, petrol from Wed – COPEC
Ghanaians will soon be buying diesel and petrol at GH¢10 and GH¢9 per litre at the pumps from Wednesday, 16 March 2022, the Chamber of Petroleum Consumers Ghana (COPEC) has projected. In a statement, COPEC put the impending spike on soaring crude prices on the international market coupled with the …
Read More »Asuboi accident: Two students confirmed dead, two others unaccounted for – UEW
The University of Education Winneba (UEW) has confirmed two of its students have died from the Asuboi accident that occurred on Sunday dawn contrary to reports that nine students died. According to the university, two other students cannot be accounted for. The university is, however, investigating to find the whereabouts …
Read More »Teachers ordered to pay rent for occupying gov’t bungalows
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 …
Read More »‘I don’t believe in banks’ – Ken Agyapong laments ridiculous interest rates
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 …
Read More »Cost of medicines to go down after removal of VAT on pharmaceutical products – Govt
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 …
Read More »KNUST students to study Kofi Kinaata’s ‘Things Fall Apart’
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 …
Read More »Speculation by Ghanaians cause of Ghana Cedi’s depreciation – Prof Quartey
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 …
Read More »Cedi woes show BoG has no dollar reserves – Isaac Adongo
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 …
Read More »Guinness Nigeria moves headquarters to Ghana amid harsh business environment
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 …
Read More »Government committed to expanding school infrastructure – Bawumia
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 …
Read More »‘I don’t take loans because the interest rates are ridiculous’ – Ken Agyapong
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 …
Read More »March 2022: Ton of iron rods jumps from GHC6,200 to Ghc8,500 in 24 hours
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 …
Read More »GTP workers deny MD entry into factory again
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 …
Read More »VIDEO: Schools in Yilo Krobo lack furniture – GES
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 …
Read More »Fuel prices increase again from GH¢8.29 to GH¢8.49
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 …
Read More »We’ve accounted for $1.3bn cocoa syndicated loan; ignore contrary claims – COCOBOD
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 …
Read More »Only 45 per cent of MASLOC loans paid in five years
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 …
Read More »GIPC denies payment for Ghana flag lighting on Burj Khalifa
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 …
Read More »ECG to increase tariff
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 …
Read More »Downgrade of two Ghanaian banks: GH¢22 billion clean-up exercise was a waste – Adongo
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 …
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