Government aims to establish the Development Bank of Ghana (DBG) with an initial Government equity contribution of $250 million of which $200 million has already been paid. It aims to increase DBG’s lending capacity by raising additional funds from domestic and international private and institutional investors. Mr Ken Ofori-Atta, Minister of Finance, speaking at a … The post Government’s
The Bank of Ghana (BoG) has encouraged exporters to remain committed to the national regulation that required the repatriation of export proceeds for the development of the country. Mr Eric Kwaku Hammond, the Assistant Director of the Banking Department, BoG, who was speaking at an Exporter’s forum in Accra on Thursday, said despite the existence … The post Bank
Gas production in Ghana experienced a significant rise in the year 2020 with a total production of 237,962.82 Million Standard Cubic Feet (MMSCF) of Associated Gas (AG) and Non-Associated Gas (NAG) according to the 2020 Public Interest and Accountability Committee (PIAC) Annual Report. The increase in production was about 40 per cent over the 2019 … The post Gas
Former President John Dramani Mahama, has in a letter to the Chairperson of the African Union (AU) Commission withdrawn his acceptance of the continental body’s appointment as its High Representative for Somalia. A statement issued by Madam Joyce Bawah Mogtari, Special Aide to the former President, and copied to the Ghana News Agency, said while … The post John
The Ghana Navy and Air Force have started a search operation for the arrest of eight pirates, who have kidnapped five expatriate crew members of a Ghanaian Tuna-Fishing Vessel; Atlantic Princess. The pirates, suspected to be Nigerians, abducted the Captain, a Korean, three Chinese – the Chief Officer, Second Chief officer, and Chief Engineer – … The post Ghana naval
The National Media Commission (NMC) has begun investigation into the alleged manhandling of two Citi FM journalists, Caleb Kudah and Zoe Abu-Baidoo. This was announced by the Executive Secretary of the Commission, Mr George Sarpong, in an interview with the media in Accra, on Thursday. He said the Commission had received a petition from the … The post NMC
The Effutu Municipal Divisional Police Command is looking for a gang of five, led by one Asafoatse, for allegedly opening fire on officials of Effutu Municipal Assembly while on duty at Gomoa Mpota. Chief Superintendent Samuel Asiedu Okanta, the Divisional Commander, in a report available to Ghanabusinessnews.com said that the Command received information about a … The post Five
Mr Nelson Boateng, the Chief Executive Officer of Nelplast Eco Ghana Limited, has built a house, using disposed of plastic waste. The glamorous building, which has a bedroom, hall and a kitchen, was constructed with 70 per cent plastic and 30 per cent sand with concrete and iron rods in the pillars. Mr Boateng said … The post Ghanaian builds house with plastic waste
Defence Counsel for the teenagers allegedly involved in the murder of the 10- year-old boy at Kasoa says he will file a bail application for his clients at the High Court by next week. Speaking to journalists, Defence Counsel Samuel Atuah said all was set for him to file the application because prosecution contended they … The post Alleged Kasoa teen killers
The ECOWAS Bank for Investment and Development (EBID) has granted a $50-million facility to the Consolidated Bank Ghana Limited (CBG) to support Ghana’s road infrastructure development. Dr George Agyekum Donkor, the President and Chairman of the Board of Directors of EBID, and the Managing Director of CBG, Mr Daniel Wilson ADDO, signed the deal in … The post ECOWAS
Police is waiting for the Attorney General’s advice on the murdered Mfantsiman Member of Parliament (MP) Ekow Quansah Hayford, Assistant Superintendent of Police (ASP) Fuseini Yakubu, told an Accra Circuit Court when sitting resumed on Wednesday. Eight persons have so far been arrested for their alleged involvement in the murder and robbery of the deceased … The post Police
Dubawa, the West African verification and fact-checking platform has commenced an exercise to train twenty-six people drawn from five countries in the Subregion, to combat misinformation in the sub-region. The participants of the 2021 cohort of fact-checkers, christened Kwame Karikari Fact-Checking and Research Fellowship, in honour of Ghanaian Professor, Kwame Karikari, were selected from The … The post Dubawa
The Ghana Revenue Authority (GRA) Taskforce has locked up the offices of Grid Petroleum Ghana Limited and Sonnidom Petroleum Limited for defaulting in petroleum taxes and levies. Grid Petroleum Ghana Limited owed the GRA to the tune of GH¢1.25million, while Sonnidom Petroleum Limited is indebted to the Authority an amount of GH¢862,702.13. Mr Nathaniel Okai … The post GRA
The current approach to COVID-19 vaccination – using limited vaccine supplies to protect low-risk populations in a handful of countries while low- and middle-income economies wait indefinitely for doses – doesn’t make sense for anyone. A successful global vaccination effort must be equitable, and it must stand on three pillars. The COVID-19 pandemic will not … The post How to
Road accidents have killed more than 1,000 people in the country from January to April this year, Mrs May Obiri Yeboah, the Director-General of the National Road Safety Authority (NRSA), said on Thursday. She said last year 2,500 people died from road crashes and said the figure was the highest since 1991. Mrs Yeboah said this when … The post Road
Human rights Organisation, Commonwealth Human Rights Initiative (CHRI) Africa Office, has facilitated the release of five prisoners from the Ankaful Maximum Security and the Awutu Camp prisons in the Central Region. The five were serving jail terms for failing to pay fines imposed on them by some courts for various petty or minor offences, including … The post CHRI
Management of the Komfo Anokye Teaching Hospital (KATH), Ghana’s second-largest health referral facility, has appealed to the Hospital’s medical laboratory scientists to call off the strike action. “Management appreciates your invaluable role in the healthcare team as we strive to achieve the best for our clients and this Hospital as a Center of Excellence,” Dr … The post KATH
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