The Securities and Exchange Commission (SEC) has told Citi Business News it will by the end of 2017, announce a new minimum capital requirement for capital market operators. According to SEC, the decision is to consolidate operations in the investment market and protect the interest of investors. The move Citi Business News understands also follows concerns of ...

A US Republican senator says he will not seek re-election, delivering a fierce attack on the era of President Donald Trump. Arizona Senator Jeff Flake said “reckless, outrageous and undignified behaviour” at the top of the US government was dangerous to democracy. Mr Trump has previously called Mr Flake “toxic”. The US president is already ...

Some landowners and indigenes of Obeyeyie, a suburb of Gbestsile in the Kpone Katamanso District, are accusing the Gbetsile police of bias in their handling of the maltreatment meted out to them by land guards in the locality. According to them, land guards have over the past years been disturbing them, but several reports made ...

Hundreds of angry caterers formerly under the Ghana School Feeding Programme, stormed the Ministry of Gender, Children and Social Protection on Tuesday morning, to demand monies owed them for the first and second terms of the 2016/2017 academic year. Clad in red, the caterers, who call themselves the ‘Concerned Old Caterers of Ghana’, carried placards with various inscriptions demanding ...

The legality of the Ministry of Food and Agriculture’s decision to purchase GHc9 million worth of chemicals to combat armyworms on a sole-source basis, allegedly without the Public Procurement Authority’s approval, was questioned on the floor of Parliament on Tuesday. Responding to questions on the matter, a Deputy Minister of Agriculture, Dr. Sagre Bambangi, disclosed that the Ministry ...

The Western Regional Minister,Dr. Kwaku Afriyie has rubbished claims by the Minority suggesting that government is short-changing cocoa farmers in the country. At a press conference in the Western Region, the Minority accused the Akufo-Addo government of poorly managing the cocoa sector. It further claimed that government has sidelined suspected NDC sympathizers in the distribution of ...

Members of the Ashanti Regional branch of the Ghana Traders Union Association (GUTA), have given the government a 72-hour ultimatum to address issues concerning the influx of foreigners engaging in retail businesses in the country or face their wrath. The association on Tuesday combed some principal streets in the region to reiterate their concerns. According ...

The National Coordinator of the 1-District 1-Factory program, Gifty Ohene Konadu, has given assurances that her outfit will not rush to commission uncompleted or non-functional factories. Speaking at a press conference in Accra on Monday, Gifty Konadu said her outfit is taking measures to ensure that all 216 factories across the country are fully operational ...

It was an exciting atmosphere at the La Presby Senior High School as CEO of McDan Shipping Company, today [Tuesday], honored his promise by providing hundred desks to assist first year students who had been forced to sit on cement blocks due to the pressure brought on by the Free SHS policy. According to McDan ...

It was an exciting atmosphere at the La Presby Senior High School as CEO of McDan Shipping Company, today [Tuesday], honored his promise by providing hundred desks to assist first year students who had been forced to sit on cement blocks due to the pressure brought on by the Free SHS policy. According to McDan ...

President Nana Addo Dankwa Akufo-Addo has declared plans by the government to roll out some policies which will see to the equipping of the country’s law enforcement agencies, and the training of crime officers to enable them address issues of cyber-crime. The President, speaking at the opening of the National Cyber-Security Week, and the inauguration ...

Tennessee Senator Bob Corker has unleashed a blistering attack on US President Donald Trump, calling the president “utterly untruthful”. In a series of television interviews, Mr Corker accused the president of lying, adding that he debased the US and weakened its global standing. Mr Trump fired back on Twitter, calling the top Senator a “lightweight” ...

The sixth and final brand-new Hyundai Accent saloon car in the Coral Paints ‘Paint Your Dream Into Reality’ promotion, has been handed over to a 36-year old electrical engineer, Francis Karikari Owusu. Coral Paints started the promotion in April 2017, and ended in October, giving away five brand-new cars to different winners after they found the ...

A high-profile plastic surgery clinic has said it is “horrified” after hackers allegedly stole data during a cyber-attack. London Bridge Plastic Surgery (LBPS) said its IT experts and police found evidence of the breach. A group claiming to be behind the breach said it had “terabytes” of data, the Daily Beast news site reported. The Metropolitan Police ...

A record amount of ivory was seized last year, even though elephant poaching in Africa declined for a fifth year in a row, a report says. About 40 tonnes of trafficked ivory was recovered, the Convention on International Trade in Endangered Species (Cites) report says. While poaching killed 111,000 African elephants over the last decade, in most ...

It used to be a tweak in the Google search algorithm that sent a shudder through newsrooms trying to adapt to the online era. Now it is any change in the design of Facebook. So, an experiment under way in a few countries, where the social media giant appears to be making it harder for ...

The 1992 Constitution allows every elected president of the country to appoint as many ministers as necessary to help him in the efficient running of the State. In fulfilment of this constitutional requirement, when the President of the Republic, President Nana Addo Dankwa Akufo-Addo assumed office he appointed 110 persons for various ministerial positions including ...

Minister of Communication, Ursula Owusu-Ekuful has disclosed that her ministry is in talks with the Ghana Education Service (GES) to re-visit its decision on the ban of mobile phone use among second-cycle students across the country. This, she said, has become imperative because the communication ministry, in collaboration with its stakeholders, is in the process ...

Kingston’s heart began to beat fast and he started to feel the sweat build up in his palms and forehead.  Oh, my God, he thought to himself, must I go through this every time I want to eat waakye? He had worked out beautiful plans of how he could get to eat waakye without having ...

The Center for Democratic Development (CDD), has said the “lenient fines” handed to the 13 members of pro-New Patriotic Party (NPP) vigilante group, Delta Force, could foster impunity in the country. According to CDD-Ghana, the verdict is also a setback to efforts put in place to promote decency in Ghana’s politics. “The verdict in the ...