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Yvonne Opare appointed MD of Ghana Airports Company

Yvonne Nana Afriyie Opare has been appointed the new managing director of the Ghana Airports Company Limited (GACL), an official statement has said. It follows the retirement of Pamela Djamson-Tettey from the position after attaining the mandatory retirement age of 60. Below is the full statement from the board: Yvonne Nana Afriyie …

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We can’t accept the blame for Thursday’s power cut – ECG MD replies GNPC

The Electricity Company of Ghana (ECG) says it can also not accept blame for Thursday’s power cut experienced in some parts of the country. On October 26, the Ghana Grid Company Limited (GRIDCo) in a statement explained that the cause of the power cuts was due to limited gas supply …

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TOR MD resigns

Managing Director of the Tema Oil Refinery (TOR) has resigned. In a statement to the president, dated Friday, August 11, 2023, Jerry Kofi Hinson indicated that the move has become necessary because of unforeseen health circumstances. Highlighting some of his achievements in his role as head of the Refinery, Mr. …

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Renaizance Oil MD found guilty of over ₵27.9M sum of defrauding by false pretense

The Managing Director of Renaizance Oil Limited, an unlicensed Oil Marketing Company, David Aseye Tay, has been found guilty and convicted of 23 charges of defrauding by false pretense amounting to over GHc27.9 million. Tay, was convicted after two years of full trial by the Criminal Division of High Court …

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John Mahama pays his own electricity bills – ECG MD confirms

Samuel Dubik Mahama, the Managing Director of the Electricity Company of Ghana (ECG), has confirmed that former President John Dramani Mahama has been paying his own electricity bills. Mahama in an exclusive interview with TV3 in 2022 said that all he receives from the government is his monthly pension and that all …

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Genevieve Sackey named as new MD of Ghana Cylinder Manufacturing Company

President Nana Addo Dankwa Akufo-Addo has nominated a new Managing Director for the Ghana Cylinder Manufacturing Company Limited. In a letter sighted by GhanaWeb, President Akufo-Addo submitted that madam Genevieve Sackey be made the new MD of the GCML. “The president has nominated Madam Genevieve Sackey for appointment as the Managing …

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Hearts needs a new CEO to take over from demonic board members – Former MD

A former Managing Director, MD, of Accra Hearts of Oak, has in a post on his Facebook page, the chartered accountant who left the Phobians a few years ago describes some unnamed members of the board of the club as demons. According to Frederick Moore, Hearts of Oak will continue …

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BOST workers declare strike as MD blows Ghc14million on 2-week Harvard Course & brand new PRADOs

Workers of the Bulk Oil Storage and Transportation Company Limited (BOST) have declared a sit-down strike over poor, incompetent management decisions they say is affecting the general performance of the company. The aggrieved workers manning various depots and facilities of the company resolved not to work starting this week after …

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EFCC storms NOVA Bank to arrest its chairman, MD over alleged fraud

Operatives of the Economic and Financial Crimes Commission (EFCC) are currently at the head office of NOVA Merchant Bank Limited to arrest the Chairman of the institution, Phillips Oduoza and its Managing Director/Chief Executive Officer, Nath Ude. NOVA Bank is an investment-grade merchant bank in Nigeria which offers an integrated …

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Textiles Ghana MD dismisses workers with Police escort

The Managing Director of Textiles Ghana Limited, Fatoumata Doro, appears to be on sacking spree of workers in the company. This is after the workers and management had met with the National Labour Commission (NLC) and there was a directive that the manager should resume work. The workers demonstrated against …

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