The Private Enterprise Federation has lauded the move by the Bank of Ghana to reduce the MPC rate by 100 basis points although they admit that a further reduction would have had a greater impact on their businesses. The new figure (22.5%), was announced by the Governor, Dr. Ernest Addison after supervising his maiden Monetary ...
The constant refusal by government to pay debts owed the poultry industry is fast sending the industry to its knees. This is the ‘cry’ of some poultry farmers in the country. The latest brawl to hit the industry is government’s refusal to pay poultry farmers after destroying their birds three years ago due to bird ...
The Gambia’s former ruler Yahya Jammeh stole at least $50m from the state, the country’s justice minister said on Monday, in the first major anti-corruption move by the country’s new president. It’s the first time the new government of the west African country has put a figure on the amount it believes Jammeh plundered from ...
A group of heavily-armed militants from a group linked to Isis have reportedly stormed a city in the Philippines and engaged in firefights with the national army. Residents of Marawi City, in the south of the country, were urged to remain indoors as at least 15 gunmen from a Muslim rebel group called Maute stormed ...
Salman Abedi has been named by police as the suspected suicide bomber who killed 22 people and injured 59 at Manchester Arena on Monday night. The 22-year-old was Manchester born and from a family of Libyan origin, the BBC understands. So far three victims have been named – Saffie Rose Roussos, eight, Georgina Callander and ...
The Ghana Association of LPG distributors has donated a cash sum of Gh40, 000 to be distributed among the hospitals across the country caring for the victims of May 9 gas explosions in Takoradi. The donation which was made to the Western Regional Coordinating Council and received by the Western Regional Minister Dr. Kwaku Afriyie ...
The Minister for Energy, Boakye Agyarko has underscored the need for sustainable management of the state power company to forestall a total collapse. He was speaking at the first Bidders’ Conference on the concession for the Private Sector Participation (PSP) in the electricity distribution business of the Electricity Company of Ghana (ECG). The Bidders’ Conference ...
The 2017 Ghana CEO summit saw the Akufo-Addo administration urged to formulate and implement the right policies to usher in a new era of enlightenment for the country. The dialogue at the summit centred on how business and government could cooperate to foster innovation and expand opportunities with a focus on digitisation. In the keynote address ...
The first Bidders’ Conference on the concession for the Private Sector Participation (PSP) in the electricity distribution business of the Electricity Company of Ghana (ECG) has been held in Accra. The ECG PSP transaction is one of five activities under the ECG Financial and Operational Turnaround Project funded through the Ghana Power Compact. The event, ...
The Registrar General’s Department (RGD) has served notice it will from next month restrict the generation of Tax Identification Numbers (TIN) at its head office in Accra. This the Department says is aimed at reducing both human and vehicular congestion at its premises in Accra. The move is also targeted at achieving the President’s commitment ...
The Cape Coast High Court has ordered the University of Cape Coast to halt its decision of rusticating some 22 students indicted for their involvement in some clashes between Atlantic (ATL) and Oguaa Halls during a hall week celebration at the school months ago. The court also directed the school to allow the students write ...
Convicted fraudster and former Nigerian state governor James Ibori has been awarded £1 ($1.30) for being unlawfully detained for 42 hours in the UK. Ibori was jailed in the UK for fraud totalling nearly £50m in 2012. He was due to be released on 20 December but instead was held in immigration detention. After he ...
The Indian government has announced plans to roll out ‘Swachh Bharat Toilet Locator’ in 85 cities by 2 October 2017. The app is available for download on the Google Play Store to help people locate public toilets near their location. The app was published by the Ministry of Urban Development and it uses Google Maps ...
The Deputy Defence Minister, Derrick Oduro has emphatically told Citi News that the Ghana Armed Forces has not deployed any military personnel to the mine where the foreigners were arrested on Monday. According to him, military personnel are only deployed to big mining companies upon request but this has not happened under the current circumstance. ...
“I am very anxious that we should always remember that the school is not confined to the over ninety acres that comprise her grounds her grounds. She lives wherever they live who once lived here. Their influence on the life of the country is her influence’’. – Rev. A.S. Fenby (adow bir, 1937). The formation ...
The Ghana Shippers Awards, a few months after its launch, has received tremendous participation of key stakeholders, companies and respected individuals within the shipping industry. Notable and most recent to this endorsement is the partnership with the Ghana Shippers’ Authority, an agency of the Ministry of Transport mandated by the laws of Ghana to effectively ...
President Akufo-Addo’s nominee for Municipal Chief Executive (MCE) for Berekum, has been confirmed by the assembly. In a second confirmation process conducted by the Municipal Electoral Commission (EC) and all 64 members present and voted, the nominee Kofi Adjei obtained 61 votes, two dissented and one ballot was rejected. In his first attempt last week, ...
An Accra Circuit Court, on Monday, sentenced Samuel Kwadwo Bekoe, a Shop Assistant, to three years imprisonment in hard labour for stealing. Bekoe pleaded not guilty to stealing GHc 180,000.00, belonging to one Mama Tanaz, but he was found guilty by the Court, presided over by Mrs Jane Akweley Quaye after the trial. He is ...
The Defence Minister, Dominic Nitiwul has instructed the Chief of Defence Staff, Major General Obed Akwa to immediately begin investigations into allegations of some military men protecting illegal gold mining concessions, especially in the Ashanti Region. He said his outfit will ensure that any military personnel caught to be engaged in the illegal act will ...
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