The Bank of Ghana on Friday November 29, 2019, introduced two new high denominations. They are the GH¢ 100 and GH¢ 200 Banknotes. The Central Bank also introduced a new GH¢ 2 coin. Why The New Notes? According to the Central Bank, high levels of inflation currency depreciation in the …
Read More »What you need to know about new GH¢100, GH¢200 banknotes, GH¢2 coin
The Bank of Ghana on Friday November 29, 2019, introduced two new high denominations. They are the GH¢ 100 and GH¢ 200 Banknotes. The Central Bank also introduced a new GH¢ 2 coin. Why The New Notes? According to the Central Bank, high levels of inflation currency depreciation in the …
Read More »GUTA refuses engagement with Nigerian traders in Ghana
The Ghana Union of Traders Association (GUTA) has expressed its unpreparedness to engage with Nigerian traders in Ghana following the name-calling it has been subjected to by the latter. GUTA said members of the Nigerian Traders Association, Ghana (NUTAG) have at every opportunity hurled insults at them over their insistence …
Read More »Bank of Ghana introduces GH¢100, GH¢200 notes and GH¢2 coin
The Bank of Ghana (BoG) has introduced new higher denominations. They include a GH¢ 100 and GH¢ 200 banknotes. It has also introduced a GH¢ 2 coin. Governor of the Central Bank, Dr. Ernest Addison, launched the new notes and coin on Friday, November 29, 2019. BY Melvin Tarlue
Read More »No 1 Oxford Street Hotel and Suites celebrates opening with 25 Days of Christmas
No 1 Oxford Street Hotel and Suites is a 5 star luxury hotel and suites, offering a hospitality experience unlike any other found in the city of Accra. To celebrate the upcoming soft opening, they will be giving away a gift every day from the 1st to the 25th December …
Read More »300 Companies bid for 43 cocoa roads
Three hundred construction companies have submitted bids to the Ghana Cocoa Board (COCOBOD) for the construction and rehabilitation of roads in cocoa growing communities nationwide. The firms are competing to be selected as contractors for the first phase of the cocoa road projects, which resumed this year after it was …
Read More »GRIDCo to disconnect power to VALCo in December
The Ghana Grid Company Limited (GRIDCo) on Thursday announced that it will disconnect power to the Volta Aluminum Company Limited (VALCO) on December 30 because of a $30million debt owed it. The management of the power transmission company said VALCO’s debt and that of Electricity Company of Ghana, and Northern …
Read More »Ghana Water Company resumes supply to Sekondi-Takoradi after 10 days
The Western Region Office of the Ghana Water Company Limited (GWCL) has resumed water supply to the Sekondi-Takoradi Metropolis from its Daboase Headworks in the Wassa East District after ten days of cut in supply. The cut in water supply was as a result of a cable blast, which affected …
Read More »Afrobarometer report on economic performance is good feedback – Government
The government says it is encouraged by the new Afrobarometer report which says more Ghanaians believe that the country is “moving in the wrong direction” than two years ago. Speaking on Eyewitness News, a Deputy Information Minister, Pius Hadzide said the report points “to the fact that the people do …
Read More »ECOWAS is dead – GUTA fumes
The Ghana Union Traders Association (GUTA) has expressed disappointment in the failure of the Economic Community of West African States (ECOWAS) to enforce trade protocols “ECOWAS is dead, we don’t have ECOWAS,” GUTA National Organizer Clement Boateng declared as a retail trade feud between Ghanaian traders and other West African …
Read More »