The Supreme Court has thrown out a review application seeking to overturn its earlier decision that quashed a $60 million judgment debt a High Court in Accra ordered the National Investment Bank (NIB) to pay to Dominion Corporate Trustees Limited five years ago. According to the Supreme Court Dominion Corporate Trustees Limited (DCTL) review application … The post Supreme
The year-on-year inflation rate as measured by the Consumer Price Index moved up by 0.3 percentage point to 10.6 per cent in February from 10.3 per cent recorded in January. Mr Baah Wadieh, the Acting Government Statistician, on Wednesday said the rise in the inflation rate was due to the rise in the non-food and … The post February 2018 inflation rate up by 0.3% appeared
The final report of the West Africa Growth Ring Corridor Master Plan (WAGRIC) that contains the action plans and strategies aimed at achieving spatial and economic integration of the sub-region has been presented. The plan aims at enhancing infrastructural and transport connectivity between Ghana, Togo, Burkina Faso and Cote d’Ivoire, to stimulate free movement of … The post Master
The Auditor-General, Mr Daniel Yaw Domelevo says the infractions captured in the Auditor-General’s report have remained the same over the years, just that the quantum has been changing. Speaking to students, he advised them not to just aspire to become professionals, but professionals with integrity. He said students must strive for positive change; and that … The post Infractions
Ahead of the opposition National Democratic Congress (NDC) opening nominations for its Presidential primary in November, Mr Alban Kingsford Sumana Bagbin keeps deepening his sway in the party. Consequently, there are plans by many individuals to contribute to the process of getting him elected as leader, and the support system has began falling into place. … The post Bagbin
A building contractor who is accused of human trafficking is being sought for by the Accra Circuit Court after travelling outside the country. Emmanuel Obeng Sintim, who appeared before the court on charges of conspiracy and human trafficking, was granted bail after he had pleaded not guilty. As part of the bail conditions, Sintim was … The post Fresh trouble
Stakeholders are set to hold the Second Edition of the Poultry Value Chain (POVAC) fair next week under the auspices of the Ministry of Food and Agriculture (MoFA) aimed to bring all sector actors under one umbrella. The event, to be held in Sunyani from March 21 to 22, seeks to create sustainable market linkages … The post Ghana to hold second Poultry Value Chain Fair
The German Development Finance Institution (DEG), a member of KfW Group, has provided a €500,000 support to FIDO Money Lending Limited to be able to promote financial inclusion for vulnerable consumers. A statement from FIDO, copied to the Ghana News Agency said the funds were being provided within the framework of DEG’s Up-Scaling Programme. This … The post German
The Head of Civil Service, Nana Kwesi Agyekum-Dwamena, has called on chief directors of Civil Service organisations to develop charters to minimise incidences of corruption in the Service. Nana Agyekum-Dwamena said this at a Macroeconomic Policy Dialogue organised by the Economic Commission for Africa (ECA) of the UN and the Ministry of Foreign Affairs and … The post Develop
Madam Gloria Akuffo, Minister of Justice and Attorney-General, has urged internal auditors to go the extra mile to prevent acts of financial malfeasance and to ensure that there is value for money. Madam Akuffo made the appeal on Tuesday in Accra, when she inaugurated a five-member Internal Audit Committee for the Ministry. The Committee is … The post Justice
The Deputy Western Regional Minister, Mrs Gifty Kusi, has stated that climate change was a contemporary issue which cuts across all sectors of development and has significant implications for developing economies such as Ghana. She noted that Climate Change was caused by human activities that led to increasing emissions of carbon and other greenhouse gases … The post Government
Mr Isaac Kwame Asiamah, the Minister of Youth and Sports, has described as “disturbing”, a 51 million cedis debt, inherited from the old administration. The minister, who disclosed this in a meet the press series in Accra on Tuesday, said the amount includes what departments and agencies under the ministry owed, adding that his administration … The post We inherited GH¢51m
Mr Isaac Kwame Asiamah, the Minister of Youth and Sports, has rubbished claims of unscrupulous activities at the ministry, insisting there is no “mafia” as has been branded with the outfit. The ministry has been described by many as one of the most dangerous ministries, following the frequent reshuffle of ministers. In the last decade, … The post ‘Mafia’
Mr. Isaac K. Asiamah, Minister of Youth and Sports, has disclosed that, the government has approved $8 million to host the 2018 Total African Women’s Championship from November 17 to December 1, 2018. Ghana would host the 13th edition of the competition for the first time, after placing third in the last edition in Cameroon. … The post Government to spend $8m
The female senior national team, the Black Queens would receive a total amount of $32,000 dollars, for winning the West Africa Football Union (WAFU) Zone B Women’s Championship. The Ministry of Youth and Sports (MOYS) announced at the “meet-the- press” series on Tuesday. Mr Isaac Kwame Asiamah, Minister of Youth and Sports said, the gesture … The post Black Queens to receive $32,000 for winning WAFU
Stakeholders on Tuesday engaged in discussions on how the country’s increasing debt stock could be eliminated to strengthen the economy in the near future. The discussion was organised by the Institute of Fiscal Studies (IFS) on the theme: “Ghana’s Growing Public Debt – Implications for the Economy”. Dr Johnson Asiama, a former Second Deputy Governor … The post Stakeholders
Sheikh I.C Quaye, the Chairman of the Hajj Board, has announced that the fare for this year’s 2018 Hajj pilgrimage is GH¢15,000, an equivalent of $3,450 dollars. He said the actual fare Is GH¢19,500 but government has absorbed GH¢4,500 of the cost to enable more pilgrims to perform the Hajj. Sheikh Quaye, who made this … The post 2018 Hajj fare would
An Accra High Court hearing the case involving Gregory Afoko, accused of murdering the former Upper East Regional Chairman of the New Patriotic Party (NPP), on Tuesday adjourned the hearing to March 15. When the case was called the judge was compelled to adjourn because the seven member jury were not set with one juror … The post Afoko’s trial: Case adjourned
A 38-year-old farmer residing at Kwataa in the Assin South District of the Central Region was on Monday, arrested by the police in Assin-Fosu for allegedly attempting to commit suicide. Joseph Acquah, who claimed to have been denied sexual intercourse by his wife for the past three months, decided to end his life to discontinue … The post Police
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