Price of locally manufactured bread will from next week Monday shoot up by one Ghana cedis (GH 1.00), executives of Ashanti Regional Flour Users Association have announced. The soon to be effected increment in prices was sparked by the recent hikes in the market prices of flour and other products …
Read More »Tema Port security interrupts stowaway
The Tema Port Security has in its custody a 21year old Moroccan stowaway, Abdul Hadi, who was hiding on board the vessel MV Lanidie in search of free passage to Europe. According to the Tema Port Security Manager, Joseph Punamane, the Port Security was contacted by the ship’s crew, to …
Read More »Ex-UT, Capital bank staff to meet GCB management over contract termination
Ex-workers of defunct UT and Capital Banks are scheduled to have a meeting with the management of GCB Bank over the termination of their contracts. Overall, 56 ex-staff of the banks were affected after the GCB Bank said they did not possess the minimum qualification required to work with the …
Read More »BREAKING: Planned Demostration Against Gold Fields Ghana Ltd Halted
The residence of Brahabebome and it’s surrounding communities in the Tarkwa-Nsuaem Municipality have put on hold a planned massive Demostration against Gold Fields Ghana Ltd(GFGL), Tarkwa scheduled for Monday March 11 as a result of a successful meeting between the leadership of the residents of Brahabobome and the Tarkwa-Nsuaem Municipal …
Read More »Menzgold’s Dzorwulu HQ burgled; TV sets, ACs, computers stolen
The Head Office of Menzgold Ghana Limited in Dzorwulu, Accra, has been burgled. Sources close to ClassFMonline.com said the thieves entered the office through the back wall and broke the window of the gold-trading firm.The burglars made away with all computers in the trading hall, TV sets, photocopy machines, air …
Read More »Government can do little about ‘Ponzi Scheme’ locked up investments – Ken Ofori Atta
Finance Minister Ken Ofori Atta says government can only do little about investments locked up in financial institutions that promise unrealistic returns over a short period of time. According to him, any organisation that promise a fixed return at the end of the month should be taken a second look …
Read More »Committee calls for port concession agreement review
The Ministerial Committee set up by the Economic Management Team to review the concession agreement between the government of Ghana (GoG) and the Meridian Port Services (MPS) has made a compelling case to the government not to implement the agreement in its current form. The committee in its report, a …
Read More »Akufo-Addo appoints Michael Ansah as CEO of GIADEC
The President, His Excellency Nana Addo Dankwa Akufo Addo, has appointed Mr Michael Ansah, as Chief Executive Officer of the newly established Ghana Integrated Aluminium Development Corporation. The Government has outlined its intent to develop an Integrated Aluminium Industry which will be one of the major pillars to drive the …
Read More »Ghana Commodities Exchange: marketing opportunities to farmers
Ghana’s economy has been predominantly agrarian. Various cash crops have a place in Ghana’s economic history. Tetteh Quarshie, for example, brought cocoa from Fernando Po, having experienced the viability of the beans. Other food crops such as rice, maize, soybeans etc. have been on our production radar. Farming is mostly …
Read More »President swears in GIADC Board
President Nana Addo Dankwa Akufo-Addo has sworn into office the Board of the Ghana Integrated Aluminium Corporation (GIADC) with a call on the body to ensure Ghana harnesses the gains of the aluminium industry timeously. The eleven-member board, chaired by Dr. Tony Oteng Gyasi, and industrialist, includes Mr. Addae Antwi-Bosiako, …
Read More »