The Minister of Transport, Kwaku Ofori Asiamah has assured Ghanaians that the Ghana National Airlines will be back in operation by June or July of this year, 2023. The announcement was made at a press briefing at the Ministry of Information’s press center in Accra on Wednesday, March 29. The …
Read More »FULL LIST: ECG releases 9-day ‘dumsor’ timetable
The Electricity Company of Ghana (ECG) has released a power outage timetable today Friday, March 31, 2023. The development has come about due to the maintenance work scheduled to be carried out by the Ghana National Gas Company on the Atuabo gas processing plant. Gas supply for power generation would …
Read More »ECG disconnects power to McDan’s salt company over GH¢300,000 debt
A salt mining company belonging to businessman, Dr Daniel McKorley, has seen its electricity power supply cut off from the national grid due to a GH¢300,000 debt owed to the Electricity Company of Ghana, a myjoyonline.com report has said. The development follows an exercise carried out by the ECG Revenue …
Read More »Police arrest 3 men for brandishing weapons in viral video
icle WhatsApp Facebook Twitter Email This One of the suspects arrested The Ghana Police Service have announced the arrest of three men who were captured in a viral video wielding guns at Japa, a community in the Western Region. According to the police, the suspects: Godfred Appiah, alias Nana Kobina …
Read More »UBA Ghana Holds First Quarter Jogging to Bond
UBA Ghana has held its first quarter staff bonding event named Jogging To Bond at the Burma Camp Sports Complex. The event aimed at fostering unity and instilling a healthy lifestyle among staff was themed “The Athletic Adventure’. The fun-filled event brought together staff from various business offices. …
Read More »Banks with less than 10% CAR asked to recapitalise
Banks with a capital adequacy ratio (CAR) of less than 10 percent of their assets have been asked to submit plans for recapitalisation, Bank of Ghana Governor Dr. Ernest Addison has disclosed. The ratio – a principal financial soundness indicator – demonstrates banks ‘ ability to finance their long-term capital expenditures and ventures, and …
Read More »Banks cash reserve ratio back to 14%
The Bank of Ghana (BoG) Governor, Dr. Ernest Addsion, has announced a reversal of the cash reserve ratio on local currency deposits for banks, raising it from 12 percent to 14 percent effective April 13 as part of measures aimed at addressing the mopping-up of excess liquidity in the market, The banking …
Read More »‘We support Ghana’s IMF move, will keep pushing creditors for debt cuts’ – US Vice President
US Vice President Kamala Harris has said the American government is in full support of Ghana’s talks with the International Monetary Fund for a bailout. She also announced during a joint press conference with Ghanaian leader Nana Akufo-Addo at the Jubilee House on Monday, 27 March 2023, as part of …
Read More »Otumfuo Gold Coin project: Asanteman to institute taskforce to combat galamsey
The Otumfuo Commemorative Gold Coin project is instituting measures for the formation of a task force to combat illegal gold mining (galamsey) in the Ashanti Region. The task force, to be known as Asanteman Task Force Against Illegal Mining, will be a corporate social responsibility initiative of the Otumfuo Commemorative …
Read More »These three Ashanti men are said to own some of Ghana’s biggest malls
The Ashanti people of Ghana are noted for their industrious nature and rich culture. A number of Ashantis have made great strides in the field of business and commerce, both locally and even on the international stages. A post shared by The Asante Nation on Facebook highlights the achievements of …
Read More »