All commercial omnibuses which do not provide emergency exit doors in compliance with the directive by the Driver and Vehicle Licensing Authority (DVLA) would not be registered for operations in the country. The DVLA has asked drivers and owners of these buses to create exit routes for their vehicles for …
Read More »PDS deal canceled
The contract between Power Distribution Services (PDS) and the government of Ghana has been terminated, government sources have disclosed. The decision was at the instance of the government of Ghana, a source noted. Sources in government say US government officials supervising the arrangement between PDS and Ghana wanted the deal …
Read More »Producer Price Index drops to 9.7%
The Producer Price Index (PPI) has dropped to 9.7% for September from that of August which was 10.2%. Producer Price Index (PPI) for September 2019 dropped to 9.7% from the August figure of 10.2%. The PPI is the system that measures the average change over time in the prices received …
Read More »Against the tide, cocoa growers plan to suspend ethical programmes
In a world that’s growing increasingly concerned about corporate commitments to environmental and social responsibility, top cocoa producers Ivory Coast and Ghana are planning to make a move that goes against the tide. The West African nations, which produce more than 60% of the world’s cocoa, are preparing to suspend …
Read More »Ronaldo makes more money from Instagram than Juventus
Cristiano Ronaldo apparently earns more from being an Instagram influencer than he does from playing soccer for Juventus. Ronaldo has taken home $47.8 million from paid Instagram posts alone over the past year, according to a Hopper HQ study published on Buzz Bingo, which lists the 34-year-old as the platform’s highest earner. …
Read More »National Insurance Commission Warns Against Fake Insurance Brokers
The national Insurance Commission is warning the general public against dealing with fake insurance brokers. The warning follows a swoop operation by Officials of the special Investigation Unit (SIU) of the NIC in collaboration with the Ghana police service to arrest operators of Zeta Insurance Broking Services when it discovered …
Read More »ZETA Insurance Brokers Shut Down For Operating Illegally
The National Insurance Commission (NIC) has completely shut down ZETA Insurance Brokers for operating illegally. According to the commission, the said company has been operating for the past five years in Accra. Addressing the media on Thursday, the Commissioner of Insurance, Justice Yaw Ofori says the Police are currently investigating …
Read More »Gov’t scheming to plunder ECG assets through PDS share restructure – NDC alleges
The opposition National Democratic Congress (NDC) claims it has intercepted a document that allegedly exposes a clandestine plan by the government to loot the assets of the Electricity Company of Ghana (ECG). The intercepted document, a letter addressed to the Chairperson of Millennium Development Authority (MiDA), Professor Yaa Ntiamoa-Baidu, …
Read More »“Vindictive” Akufo-Addo gov’t deliberately killed “solvent” Heritage Bank – Adongo
The Member of Parliament (MP) for Bolgatanga Central, Mr Isaac Adongo, has condemned President Nana Akufo-Addo and the governing New Patriotic Party (NPP) for stripping businessman and philanthropist Seidu Agongo of his Heritage Bank on frivolous grounds. According to the Member of the Finance Committee of Parliament, the Bank of …
Read More »Ghana, Mauritius commit to the implementation of Smart City Project
The Ghanaian delegation at the on-going 2019 IMF/World Bank Meeting on Wednesday, 16 October 2019, met with Mauritian government officials to review progress towards the establishment of Smart City Project in the country. They discussed the progress of work and came out with timelines towards the implementation of the project …
Read More »