BUSINESS

Abandoning E-blocks disgraceful – Mahama to Akufo-Addo

Former President John Dramani Mahama has described the current state of the E-blocks his government was constructing nationwide under a community day school project before he lost power in 2016 as “a disgrace” to Ghana’s reputation. He told eminent traditional chiefs in a meeting held on Tuesday in the Upper …

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Golden Star Resources hints at exports from oil palm plantation

The Chief Executive Officer of mining firm Golden Star Resources (GSR), Andrew Wray, has hinted at plans of certifying produce from its plantation – Golden Star Oil Palm Plantation (GSOPP) to allow for increased export prospects and consequently more income for host communities. Established in 2006 under the Alternative Livelihood …

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NPA sanctions recalcitrant bulk oil distributing companies

The National Petroleum Authority (NPA) has sanctioned some Bulk Oil distributing companies (BDCs). The licenses of these companies have been withdrawn. This is due to their inability to meet the license requirement for them to continue to operate in the industry. The NPA however did not on the names and …

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GHS issues alert on deadly Marburg virus

The Ghana Health Service (GHS) has issued an alert on the deadly Marburg virus disease to its regional directors following the death of a patient of the virus in Guinea. The GHS is asking health facilities in the country to initiate preparedness and response plans for the virus. Marburg virus …

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Six ex-staff of FDA earned GH¢32,000 as salaries – A-G report

Ad The 2020 report of the Auditor-General has revealed that some six former staff of the Food and Drugs Authority (FDA) still continued to earn salaries even after resigning and retiring. Regulation 92 of the Public Financial Management Regulations 2019 (LI 2378) stipulates that the Principal Spending Officer of a …

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COVID-19: Six die at Suntreso hospital in one month

Six persons have died of the coronavirus within a month at the Suntreso Government Hospital in the Kumasi Metropolis of the Ashanti Region. The Medical Superintendent at the hospital, Dr Agyarko Poku, who spoke to class news’ Elisha Adarkwah said several critical cases are being recorded. He expressed happiness that …

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Guinness Launches Black Shines Brightest Campaign In Ghana

Accra, Ghana; 13th August – Guinness has a long and rich history in Africa and following organic sales growth of Guinness trademark of 32% across the continent, Guinness is launching a new campaign in Ghana and across key markets in Africa – ‘Black Shines Brightest’. ‘Black Shines Brightest’ is a …

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Stanbic to shutdown ATM service Saturday

Stanbic Bank will be shutting down its ATMs across the country on Saturday August 14, a message to customers has said. The ATMs will be unavailable from 12 midnight on Saturday August 14 to 8:00 am on Sunday August 15 to allow for a scheduled systems upgrade, the bank said. …

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Two ex-staff of SEC owe GH¢15,788.16 – AG’s report

The Auditor General has revealed in his report that two former staff of the Securities and Exchange Commission who resigned in 2015 and 2016 financial years respectively had an outstanding loan of GH¢15,788.16 as at the end of the year 2019. To that end, the report said “We recommended to …

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I haven’t been sacked – GNPC Boss

The Chief Executive Officer(CEO) of the Ghana National Petroleum Corporation (GNPC), Dr. K.K Sarpong, has debunked speculations that President Nana Akufo-Addo has dismissed him from office. Peace FM’s ‘Kokrokoo’ programme host, Kwami Sefa Kayi, in an interview with the GNPC Boss on Thursday, August 12, 2021, asked him about some …

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Singapore to increase investment in Ghana through Africa-Singapore Summit

Through its agency, Enterprise Singapore, the government of Singapore has announced plans to widen its scope of investment in Ghana to help accelerate development and boost trade. Speaking to Ghanaian journalists about the upcoming 2021 edition of the Singapore-Africa Summit, the Director for West and Central Africa at Enterprise Singapore, …

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Ghana signs deal with German firm to rollout digital currency

The Bank of Ghana has partnered Giesecke+Devrient (G+D) to pilot a general-purpose Central Bank Digital Currency (retail CBDC) in Ghana. G+D is providing the technology and developing the solution adapted to Ghana’s requirements, which will be tested in a trial phase with banks, payment service providers, merchants, consumers and other …

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Dangote is Africa’s richest for 8th consecutive year – Bloomberg

Africa’s richest man saw his fortune grow by 3 billion dollars over the last year, according to American business news portal, Bloomberg. Nigeria’s Alhaji Aliko Dangote, whiles consolidating his place as the continent’s undisputed money man has also risen up the global rankings to the 117th most richest. This is …

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Ghanaian students smashing academic numbers in the UK

• The buzz has not stopped with the twins who made headlines for their sterling performances in the UK A Level examinations • The Brampton Manor school has shared the news of some of these students of Ghanaian descent • They are heading to Cambridge University and the University of …

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