The astute and affable business mogul Alhaji Salamu Amadu has been honored by the Pan African Leadership and Entrepreneurship and Development Centre (PELEDEC) at the 3rd edition of the child summit held at the British Council in Accra. This award is in recognition of his philanthropic work in supporting the …
Read More »Africa’s Premiere Agriculture Forum Secures $500 Million for Young Agripreneurs
Leaders from across Africa and around the world pledge new action to address the impacts of climate change on food production while revealing the hidden power of African agribusiness (Accra, Ghana, September 6, 2018)– A $500 million commitment to developing agriculture opportunities for young Africans, a “Deal Room” that delivered …
Read More »2019 Farmers Day to focus on agribusiness – Gov’t
The government says it intends to gradually shift the focus of agriculture in Ghana from a subsistence farming approach to an agri-business approach using the 2019 national Farmers Day as a starting point. Agriculture has for centuries been operated in Ghana as a subsistence activity with few practitioners focusing on …
Read More »Ghana secures US$20m Saudi funds
The Government of Ghana has secured a US$20m concessional funding for the construction of additional facilities, supply and installation of medical equipment to the adjunct clinical block at the Bolgatanga Regional hospital in the Upper East Region. At a signing ceremony between the Government of Ghana and the Saudi Fund …
Read More »SSNIT pays GHC1.7 billion to pensioners as at July 2019
The Social Security and National Insurance Trust (SSNIT) has paid over GH¢1.7 billion to more than 200,000 pensioners on the pension payroll as at July 2019. It has also reduced its average benefits processing time from 21 days in 2018 to 17 days and registered 106 per cent of its …
Read More »Court puts on hold plans by BoG to collapse GN Savings
The Bank of Ghana has been ordered by an Accra High Court to hold on with any plans to hand over GN Savings and Loans Company Limited to a receiver. Justice George Koomson has directed that until the outcome of an application for interlocutory injunction is established the regulator and …
Read More »The PDS puzzle! Consultant ‘clears’ firm – But govt, MiDA reject report
FTI Consulting, a United States-based consulting firm commissioned by the Millennium Development Authority (MiDA) to investigate whether or not Power Distribution Services (PDS) Ltd duly won the contract to manage the assets of the Electricity Company of Ghana (ECG), has confirmed that insurance guarantees were, indeed, paid to back the …
Read More »Good news for Menzgold clients as NAM1 reveals when monies would be paid
The embattled CEO of Menzgold Company Limited, Nana Appiah Mensah, has revealed that the company is getting ready to pay customers soon. According to him, Menzgold is “preparing actively” to settle all customers. In the post sighted by YEN.com.gh, NAM1 warned some people he described as “Demagogues” not to muddy …
Read More »Don’t undermine injunction – Court warns BoG in GN Savings & loans’ case
An Accra High Court has advised lawyers for the Bank of Ghana not to undermine the current injunction suit against the revocation of the license of GN Savings and Loans. The judge, Justice Koomson who gave the caution said due to a pending application, all action or processes being undertaken …
Read More »Cocoa price: Rainy days ahead – Cocobod CEO to farmers
The Ghana Cocoa Board (COCOBOD) has given hints that the country’s cocoa farmers would soon have something to smile about in the coming days as far as the pricing of cocoa beans for the 2020/2021 season is concerned. According to Cocobod CEO Joseph Boahen Aidoo, cocoa farmers would have nothing …
Read More »