The Food and Drugs Authority (FDA), has destroyed 4,500 cartons of unwholesome canned fish that were said to be on transit to Togo, but were diverted onto the Ghanaian market. The unregistered consignment labeled ‘Asahi’ was imported into the country by Dotsico Ventures. The exercise was supervised by the police and officials of the FDA ...
Renewed high winds are fanning “catastrophic” wildfires that have killed at least 23 people in northern California, the state fire chief says. Thousands of people have been left homeless by the 22 huge blazes, which are spreading fast and unpredictably. Nearly 300 people are missing, but police say that may be due to the chaotic ...
The Metro Mass Transit (MMT), cannot go ahead with the planned layoff of 1,200 workers because of the high cost involved in the retrenchment process. The lay off was deemed necessary because it has 3,600 workers operating a fleet of 430 buses currently on the road. But the cost of laying off those workers will ...
Ghana’s decision to repay its 2007 Eurobond on the maturity date will further deepen its reputation among external investors and increase patronage of future bonds to be issued. That is the assertion of Economist, Daniel Amarteye Anim. According to him, the positive signal offered investors is also critical considering the need to devise strategies to ...
A former Deputy Governor of the Bank of Ghana (BoG), Mr. Emmanuel Asiedu-Mante has urged banks to consider the viability of businesses when advancing loans as against demanding houses and cars as collateral. According to him, the over reliance on collateral such as cars and houses, when granting loans is a high risk venture that ...
Commercial banks are pleading with government to speed up processes to settle the energy sector debt. The banks had earlier bewailed that the debt is affecting their base rates. Government’s economic team is currently in a discussion with the International Monetary Fund (IMF) to come out with an appropriate mode to issue the 2.5 billion ...
I chanced on an online item on a Public Lecture being organized by the Christian Service University College (CSUC), slated for the 13th of October 2017 on the theme “Institutional corruption in Ghana, causes and effect”. I checked the speakers of the program and reached contact with the organizers to make input into the discussion. ...
A former Minister for Environment, Science Technology and Innovation, Mahama Ayariga, believes that it is wrong for the government to use state funds to compensate victims of gas explosions and similar accidents largely caused by the negligence of private companies. According to him, such practice does not encourage fuel station owners to be responsible in ...
The Ministry of Food and Agriculture has announced that it will employ over 4, 000 graduates from agricultural colleges in the country in 2018. The Ministry also announced that it had tabled the requests from the students for the restoration of their allowances before Cabinet. The announcement was made following agitations from students of five of ...
The latest cost of the Multilateral Mining Integrated Project (MMIP), has been pegged at $200 million, up by $50 million in the initial estimate put forth in a policy document. “The programme, Mr. Speaker, will be implemented for five years at a total cost of $200 million aimed at sanitizing the small-scale mining landscape” the Lands and Natural Resources ...
US President Donald Trump has raised the prospect of challenging media licences for NBC News and other news networks after unfavourable reports. He took aim at NBC, which made him a star on The Apprentice, after it reported he wanted to boost America’s nuclear arsenal almost tenfold. Mr Trump labelled the report “fake news” and ...
On the dawn of Wednesday, fire gutted a household at Mankessim in the Central Region. Earlier reports had suggested that there was a gas explosion at a nearby filling station, but checks by Citi News’ Joseph Ackon-Mensah at the fire service revealed that, the fire outbreak was due to the negligence of a resident in ...
On the dawn of Wednesday, fire gutted a household at Mankessim in the Central Region. Earlier reports had suggested that there was a gas explosion at a nearby filling station, but checks by Citi News’ Joseph Ackon-Mensah at the fire service revealed that, the fire outbreak was due to the negligence of a resident in ...
In its continued effort to take virtual reality mainstream, Facebook has announced Oculus Go – a standalone headset that will be released in 2018. Mark Zuckerberg said the device, priced at $199, would be the “most accessible VR experience ever”. Sales of the company’s VR hardware have been slow since launching the first Oculus Rift ...
Chelsea boss, Antonio Conte, is rumoured to be interested in signing Ghanaian international and Red Star Belgrade striker Richmond Boakye. According to GhanaSoccernet, the news has been confirmed by a “credible Stamford Bridge source.” Boakye, 24, has enjoyed an impressive start this season, scoring 10 goals and providing three assists in 16 appearances with Red Star ...
Tutors of Bolgatanga Nursing Training College in the Upper East Region who locked the office of the school’s principal, have backed down on their demands temporarily following an assurance from the Upper East Regional Minister, Rockson Bukari, that the matter will soon be investigated. The tutors, numbering about 18, took a unilateral decision to lock up ...
Following assurances from the President, Ghanaians are expecting decisive and comprehensive measures to curb the incidents of gas and petrol explosions in the country. Fuel explosions are again in the spotlight following the multiple explosions at a Liquefied Petroleum Gas filling point at Atomic Junction in Accra, which has so far claimed seven lives and injured ...
The body of the late Nakpaa-Naa Salifu Dawuni, has finally been buried at his private residence in Bimbilla, nearly three years after his demise. The burial was done in accordance with the traditions and customs of Nanung at 7:00pm Wednesday, October 11, 2017. He was buried amidst heavy security at the burial site, the Bimbilla ...
Government has disclosed it is considering to issue its energy bond in batches of two or three. Citi Business News understands this may be the case as it will attract relatively lower yields and reduce the debt repayment burden. The decision to avoid a wholesale issuing of the estimated 10 billion cedis or 2.5 billion dollar ...
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