Eight days into the month of October, the Ghana Stock Exchange (GSE) saw 58,219 shares trading at a market value of GHS 68,976.16. Closing with an all losers market; the worth of the exchange declined by 0.37% (GHS 207.22million) to end the day at GHS 56,091.17 million. CAL Bank (CAL) …
Read More »Banking crisis: Oscar Doe blasts Ofori-Atta, BoG boss, says they lack vision and love for Ghana
Oscar Yao Doe, the Chairman of Doscar Group, has yet again brought to questioning the personalities of Finance Minister; Mr. Ken Ofori-Atta, Governor of the Bank of Ghana; Ernest Addison and Nii Amanor Dodoo; a former principal partner at KPMG Ghana, for their roles in the banking crisis in the …
Read More »Opuni, Agongo lawyers cause yet another delay in proceedings
The Accra High Court adjudicating the case of former Ghana Cocoa Board (COCOBOD) CEO, Dr Stephen Kwabena Opuni and businessman, Mr Seidu Agongo, on Monday, October 7, 2019 forced to adjourn the matter for a month to allow the Court of Appeal make a determination on yet another stay of …
Read More »$1m MoF Kroll payment: A-G to surcharge Osafo-Maafo
Auditor-General Daniel Yaw Domelevo has revealed exclusively to Class91.3FM in a yet-to-be-aired interview on ‘State of The Nation’ hosted by Blessed Sogah next week Wednesday that he will surcharge Senior Minister Yaw Osafo-Maafo in the second week of October 2019 if the former Finance Minister fails to provide evidence of …
Read More »Chair of Afro Arab Group of Companies Honoured in Gambia
Miss Khadijatu Iddrisu has received an award on behalf of the affable and astute businessman Alhaji Salamu Amadu, the group Chairman of the Afro Arab in Gambia. The Chairman of the Afro Arab Group of Companies, Alhaji Abdul Salamu Amadu was awarded as one of the most influential leaders across …
Read More »Taxes on fuel have decreased cumulatively under Akufo-Addo – Hasan Tampuli
The Chief Executive Officer of the National Petroleum Authority, Hassan Tampuli says discussions about taxes on petroleum products should be situated in a certain context, since there has been an overall reduction in taxes on petroleum products since the current Akufo-Addo government assumed office in 2017. “The discussion regarding the …
Read More »Tariff hikes: GWCL cannot account for 42% of water produced
The Communications Manager of the Ghana Water Company Limited (GWCL), Stanley Martey has revealed that about 42% of water produced by the company is unaccounted for. This, he said, is birthed by consumers’ refusal to pay bills, unscrupulous persons connecting to the grid illegally and high cost of production; juxtaposed …
Read More »Kantanka to produce electric cars by December – CEO
Indigenous car maker Kantanka says it is poised to manufacture electric cars before the end of this year. Chief Executive Officer Kwadwo Safo Kantanka Junior says the move is to further prove to Ghanaians and the world that they are capable to stand the innovation competition on the global stage. …
Read More »Fanyogo, FanIce prices up
The price of Fanyogo and FanIce have been increased effective 1 October 2019. The price for Fanyogo and Fanchoco which was formerly sold at GHS1.00 will now sell at GHS1.20p while the price of FanIce 250ML goes for GHS5.00. The increase comes at a time the Public Utilities and Regulatory …
Read More »350,000 Ghanaians employed in public sector in two years – Bawumia
Despite complains of high unemployment rate in the country, Vice-President Dr Mahamudu Bawumia has said the New Patriotic Party (NPP) government has employed 350,000 Ghanaians in the public sector in two years. According to Dr Bawumia the government has given clearance for people to be recruited as nurses, teachers, at …
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