Investor confidence faltered as they bid down equities on the Ghana Stock Exchange (GSE) during the second week of May (7-11) transactions on Accra bourse, even though activities was brisk compared to the first week’s numbers. In effect, the benchmark GSE-Composite Index declined by 0.6 per cent to close at 3,456 points. This represents a year-to-date return of 34 per [...] The post Bearish
Ghana economic and political stability has made her the destination of choice for investors and Minister of Roads and Highways Mr Kwese Amoako-Attah has said. According to him “Ghana’s impressive democratic traditions, strength of transitions and clarity of governance has made her the gateway to Africa.” Mr Amoako-Attah said this when he addressed the ministerial round table on high quality [...] The post Ghana’s
The Ministry of Youth and Sports yesterday performed the final sod cutting ceremony for the construction of the multipurpose sports complex at Yendi in the Northern Region. Speaking at the ceremony, Minister for Youth and Sports, Isaac Asiamah said, the end of the sod cutting ceremonies was a signal for real work to commence, adding that the ministry will monitor [...] The post Sports centre for Yendi,
Chief Coach of the national Under-20 team, Jimmy Cobblah, has predicted a tough return leg tie against Algeria in the African Youth Nations Cup penultimate qualifier on Sunday. Ghana’s Black Satellites held the Algerians to a hard-hitting barren game in Algiers last Friday, dominating the harsh afternoon in the process. Though brimming with confidence ahead of the clash which is [...] The post Satellites
Two students of the University of Ghana, Jacqueline Sekyi and Duncan Acorlor have emerged winners in the 17th Chinese Bridge preliminary competition held at the Confucius Institute in Accra. Ms Sekyi won the first prize and received a return ticket to China to witness the finals of the Bridge competition while, Acorlor who emerged winner of the special prize [...] The post Two
The management of Asebuman Senior High School in the Abura-Asebuman-Kwamankese District of the Central Region has appealed for support from government to save the school from eminent collapse. As a matter of urgency, the chiefs and people of the area have appealed to the Ministry of Education through the Ghana Education Service (GES) to take over the school. The school was [...] The post Asebuman
The Upper East Regional Director of the National Commission for Civic Education (NCCE), Pontius Pilate Apaabey Baba has observed that lack of transparency and citizenry vigilance are as a result of corruption in the country. He explained that “the concept of accountability oblige individuals and organisations to account for their activities, accept responsibility for them and disclose results in a [...] The post ‘Lack
The Minority in Parliament is kicking against a new formula announced for the disbursement of the District Assembly Common Fund. The new formula allocates 40 per cent of the fund to the School Feeding Programme, 20 per cent each to the Nation Builders’ Corps (NaBCo), Planting for Food and Jobs and the remaining 20 per cent for the running of [...] The post Minority flays
Air charter service is expected to resume in the country by November, this year as part of plans to promote Ghana’s tourism industry, Chief Executive Officer of the Ghana Tourism Authority, Akwesi Agyemang, has indicated. The first flight under the new air charter service, he said, would arrive at the Kotoka International Airport (KIA) in Accra from the United Kingdom [...] The post Air
Road experts from 12 African countries have began a two-day meeting in Accra to brainstorm research findings of cost effective methods of rural road transport system for the continent. It is aimed at adopting scientific methods of addressing road infrastructure challenges at a moderate cost. The research is to also seek new designs of rural transport system, nature of surfacing [...] The post African
Rangers said on Tuesday they had stopped tourists entering Democratic Republic of Congo’s Virunga National Park during investigations into the kidnapping of two Britons there last week. Gunmen ambushed Robert Jesty, Bethan Davies and their driver in Congo’s volatile eastern borderlands on Friday and released them three days later. Park ranger Rachel Makissa Baraka, 25, was killed trying to defend [...] The post DR
Nigeria’s Chief of Army Staff Tukur Buratai on Monday ordered soldiers to flush out bandits in troubled Birnin-Gwari area in restive Kaduna State within three weeks. Over 100 civilians, including 11 soldiers were killed by bandits at villages under Birnin-Gwari local government area in the last five months. Launching a new military Forward Operation Base (FOB) at Birnin-Gwari area, the military chief [...] The post Nigeria
The Minority in Parliament is urging the government to come clean on Double Taxation Agreements (DTAs) it is seeking to reach with four countries. The government, through the Finance Ministry, yesterday laid the four papers in Parliament for the avoidance of double taxation and the prevention of fiscal evasion with respect to taxes on income and on capital gains. [...] The post Minority
The Attorney General has filed a writ asking the Supreme Court to quash a decision by the High Court in favour of Exton Cubic mining company and the state. The writ filed ex-parte by the Deputy Attorney General Godfred Dame, said the ruling by High Court Judge, Ackaah Boafo, in the Exton Cubic case could undermine efficient administration of justice. [...] The post Quash
A self- styled Disc Jockey (DJ) Samuel Osei who allegedly swindled two woman of GH¢4,000 has been arrested by the Police at Tesano in Accra. Osei, 29, who is reported to be a member of a syndicate and been on the Police wanted list for the past one year, was alleged to have collected the money from his victims (a [...] The post DJ arrested for swindling 2 women appeared first on
A police officer and security personnel facing prosecution for their alleged involvement in a robbery case in the Eastern Region, Corporal Seidu Gasty Yahaya and Kponyo Seth Dodzi broke down in tears after a Koforidua court hearing the case remanded them into police custody. This is the third time the two have been remanded. Corporal Seidu Gasty Yahaya and Kponyo [...] The post Cop,
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