The Ghana Maritime Authority is to go ahead with the planned increment in safety charge at the ports. Citi Business News can confirm shipping lines will pay 50 cents up from the current figure of 15 cents. A notice to shipping lines from the Authority sighted by Citi Business News stated that with effect from 1st October, safety charges ...
Ghana’s fish stock will continue to see a further decline in the coming months. The disturbing development was revealed by the University of Cape Coast’s Department of Fisheries and Aquatic Sciences, which says not much can be done to save the situation. According to the research conducted by the department, the decline is due to ...
Ghana’s fishing stock will continue to see a further decline in the coming months. The disturbing development was revealed by the University of Cape Coast’s Department of Fisheries and Aquatic Sciences who say not much can be done to save the situation. According to research conducted by the department the decline is due to climate ...
Ghana would have had a much lower yield on its 2015 and 2016 Eurobonds, if its case with Ivory Coast over the maritime boundary was not in existence. This was revealed by a former Finance Minister Mr Seth Terkper, who told host of Citi Breakfast Show Bernard Avle, that the dispute between the two countries ...
A special unit of the National Security at the Castle, Monitoring and Surveillance, has picked up the Volta Regional Coordinator of National Security, Appiah Fenteng, for his alleged involvement in smuggling. Mr. Appiah Fenteng, who is currently in cells at the Regional Police Headquarters, was arrested in the early hours of today [Monday], at Tsito ...
Following Ghana’s historic victory over the weekend in the maritime boundary dispute with neighboring Cote d’Ivoire, Adansi Asokwa Member of Parliament, Kobina Tahir Hammond, has been speaking exclusively to Citi FM about the behind-the-scenes-roles he played in the eventual Executive decision that took the stand-off with the Ivoirians to the International Tribunal on The Law ...
Founder of Junior Shapers Africa, Ethel Adjorlolo Marfo, was on Saturday honoured at the 28th edition of the Chartered Institute of Marketing Ghana (CIMG) Awards ceremony. She received the CIMG President’s Special Award. A citation presented to Ethel Adjorlolo Marfo stated, “You are a multi- passionate social entrepreneur who is proudly Africa’s First Male Child ...
President Akufo-Addo would later this week meet with some diplomats from Côte d’Ivoire over Saturday’s landmark judgment by the International Tribunal for the Law of the Sea (ITLOS) on the two countries’ maritime dispute. The meeting will see the two parties come up with a plan on how to actualize the judgment of the court. The ...
The Ghana Rugby Football Union (GRFU), has inaugurated a new Board and Officers in Accra. This follows the adoption of a new Constitution on July 2017, at its Annual General Meeting held in Accra-Ghana. The new Constitution was adopted to bring the governance structures of the GRFU in line with best practice governance, whereby the ...
The Governor of the Bank of Ghana (BoG), Dr. Ernest Addison has disclosed that the central bank has received some proposals from banks pushing for mergers and takeovers, following the announcement of the new capital requirement. The Bank of Ghana increased the capital requirement of banks from 120 million cedis to 400 million cedis in ...
Patients and staff of the Worawora General Hospital, can now heave a sigh of relief following an intervention by a philanthropist to renovate their dilapidated medical theatre facility. The hospital is the only major health facility in the northern enclaves of the Volta Region, serving at least the three districts of Biakoye, Jasikan and Krachi East ...
The Ghana Institution of Surveyors wants Ghana to immediately begin processes to demarcate its boundary with Togo, to prevent a future litigation that might arise over its maritime boundary. Ghana just came out of a three-year legal battle with her western neighbor, Ivory Coast, over the ownership of some oil reserves situated around the West ...
The Bank of Ghana (BoG) has for the first time this year maintained the Policy Rate at 21 percent. This follows three consecutive reductions from 25.5 percent in January to 21 percent July. Speaking at a press conference in Accra, the Governor of the Bank of Ghana, Dr. Ernest Addison attributed the decision to maintain ...
Management of Delhi Public School International (DPSI), a private school at Tema in the Greater Accra Region, has organized a fancy day in the school which saw the pupils in the primary division of the school adorned in beautiful and carefully selected fancy dresses in a relaxed atmosphere showcasing boldness and style, a breathtaking sight ...
Most Reverend Charles Gabriel Palmer-Buckle, the Accra Metropolitan Archbishop of the Catholic Church, on Sunday cautioned the youth over their addiction to cell phones, which he said could distract them from their self-development. He said parents must control how their children use such gadgets to avoid abuse and exposure to unworthy material. He advised the ...
Japanese Prime Minister Shinzo Abe has called an election a year early and will dissolve parliament on Thursday. Mr Abe said he was seeking a fresh mandate to overcome “a national crisis” amid rising threats from North Korea. His decision comes amid rebounding approval ratings after a record low over the summer and with the ...
Jose Mourinho will face no further action over his dismissal at Southampton on Saturday. The Manchester United manager was sent off by referee Craig Pawson for stepping onto the pitch in stoppage time during their 1-0 win at St Mary’s. After receiving the referee’s report, the FA decided no additional action was necessary. Mourinho received two ...
An Accra Circuit Court has granted bail to Lawerence Abrokwa, the embattled husband of Ghanaian actress, broadcaster and comedienne, Afia Schwarzenegger. Mr. Abrokwa, who appeared in court for the first time today [Monday], is facing five charges including domestic violence with emotional, verbal and psychological abuse, publication of obscene material, assault and threat of harm. The ...
Senior Minister, Yaw Osafo Maafo, has bemoaned what he calls corrupt practices within the country’s road sector. According to him, some road contractors intentionally inflate the cost of roads, adding that, such practices have had adverse effect on the country’s funding sources. Speaking at an event to officially commence the upgrade of the Accra-Tema Motorway ...
In the background of the issuance of the 2015 and 2016 bonds, Ghana’s financing of the $750 million 2007 bond, was at stake because of the maritime dispute with Côte d’Ivoire at the International Tribunal of the Law of the Sea. A former Finance Minister, Seth Terkper, revealed on the Citi Breakfast Show that the litigation at ITLOS ...
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