The banking system of a country is even more important than its Government. For Governments come and go, whereas the banks stay and serve both supporters and enemies of the changing governments. Because of their “permanent” status, and the never-ending need of humanity for economic support, banks assume a role in society that is almost “sacred”. Everyone expects them to [...] The post Is
The Tema Awudum Chief Fisherman, Nii Odametey II, yesterday urged the government to adequately resource the Fisheries Enforcement Unit (FEU) to enable it to deal with illegal, unreported and unregulated (IUU) fishing in Ghana’s sea. Ghana loses millions of cedis annually through IUU, the menace has also resulted in dwindling catches for over two decades. Speaking in an interview here [...] The post Resource
THE Ghana Union of Traders Association (GUTA), has expressed concern about what it described as the high import duty and other cost of doing business in the country particularly to the trading community and importers. The association says it appreciates, laud and welcomes the debate on the import duty within government circle, as mentioned in the speech of President Nana [...] The post GUTA
The government under its flagship programme, One district, One factory, is assisting Kasapreko Company Limited, producer of alcoholic and non-alcoholic drinks, to access a US$20 million Eximbank loan to build a subsidiary state-of-the-art factory in the Ashanti Region. Construction of the factory, which is underway, is expected to be completed by June this year, and would create about 3,000 direct [...] The post Kasapreko
Tourist facility operators in the Eastern Region have been called upon to strategically position themselves to experience a significant traffic of tourists to the region this year. The Eastern Regional Manager of the Ghana Tourist Authority, Frederick Adjei-Rudolph, urged them to be very professional and innovative in their service delivery to attract the millions of tourists billed to visit Ghana this year. He was addressing an appreciation luncheon for the 2017 major sponsors of
Head Coach of Kumasi Asante Kotoko, C.K. Akonnor has cautioned that there is still work to do ahead of the Coton Sport Garoua reverse fixture despite the 3-2 triumph against the Cameroonian side in their CAF Confederations Cup clash honoured in Younde on Sunday. The ‘Oseikrom’ lads took a giant step towards the league stage of the CAF organised competition’s [...] The post Akonnor cautions
The national boxing team, the Black Bombers has commenced preparation for two major upcoming events – The 2020 Olympic Games and All Africa Games (AAG) 2023. Although they are over a year away, the Ghana Boxing Federation (GBF) believes that is the right way to go if they are to present a very solid and formidable squad to win medals [...] The post GBF plans towards Olympics 2020, AAG 2023
Mr Bawah Fuseini, General Secretary of the Ghana Athletics Association (GAA), has been appointed as the new General Secretary of the Economic Community of West African States (ECOWAS) Athletics Region II. He was nominated by Shehu Ibrahim Gusau, new President of the ECOWAS Athletics Region II, who also doubles as the Athletics President of Nigeria. Bawah gained the appointment at [...] The post GAA scribe
Professionals from all fields of endeavours have converged on the University of Ghana, Legon to participate in this year’s Annual New Year School and Conference to discuss relevant national issues and make recommendations for consideration by policy makers. This year’s NYS is the 70th edition of the programme which has always been organised by the Institute of Adult Education, now [...] The post Let’s
The Ghana Rugby Football Union (Ghana Rugby) has announced the fixtures for its 2019 Ghana Rugby Club Championship (GRCC) that is scheduled to kick off on January 19 and January 20, in Cape Coast and Accra respectively. The ten-team Club Championship is annually played in two Pools in Accra and Cape Coast. The Accra Pool, would feature Accra Rugby Club, [...] The post Ghana 2019 rugby fixtures
Frontclear, Fidelity Bank Ghana and Societe Generale have completed a USD40 million cross-currency total return swap transaction. A statement issued in Accra yesterday said the trade marks a first-of-its-kind cross-border deal in Ghana and follows on Frontclear’s two-year technical assistance to the country’s money market development. Cross-border transactions in Ghana typically face operational and legal challenges, such as constraints to [...] The post Fidelity
The Ghana Police had confirmed that the Chief Executive Officer of Menzgold, Nana Appiah Mensah (NAM 1) has been arrested by Emirati officials in Dubai. His arrest in Dubai is to facilitate investigations into suspicion that he had been involved in bad gold trading deals within the Emirati jurisdiction. The Director-General of the Police Public Affairs, Assistant Commissioner of Police [...] The post Police
Newmont Mining Corp says it will buy smaller rival Goldcorp Inc in a deal valued at $10 billion, creating the world’s biggest gold producer by output. The deal is the second high-profile merger in the mining industry since Barrick Gold Corp agreed to buy Randgold Resources Ltd in September last year to cut costs. The gold mining industry [...] The post Newmont to buy Goldcorp in
The penchant for creating multiple institutions to address Ghana’s perennial problems has been identified as a bane to consolidating the country’s democracy. Political Scientist, Professor Joseph Atsu Ayee who described the current state of institutions in the country as “weak and in crisis” said the fragmentation of institutions weakened their capacity to perform their mandates “resulting in overlaps, turf wars [...] The post Let’s
Election of Metropolitan, Municipal and District Chief Executives (MMDCEs) will address the winner takes all in Ghana’s democracy the Minister of Local Governance and Rural Development (MLGRD), Hajia Alima Mahama has said. She noted that the election when held, would promote democracy and development, as MMDCEs who belong to opposition parties would be able to participate in governance. Hajia Mahama [...] The post Election
Kumbun-Naa Abu Iddirisu, chief warrior of the Dagbon kingdom yesterday headed to Yendi, capital of Dagbon on horseback accompanied by his entourage and swarms of harmlessbees, for the funeral rites of the late overlord of Dagbon Yaa-Naa Yakubu Andani II. The Kumbun-Naa whose presence at the funeral is significant made a brief stoppage in Tamale and Moin before proceeding to [...] The post Dagbon
Ghana Journalists Association (GJA) and Star Ghana’s enhanced media and civil society organisations (CSOs) partnership project for effective economic governance at the national and sub-national level has been held in Kumasi. The 18-month project with funds from Star Ghana, expects the media and CSOs to gain more insight into the political economy of Ghana, especially at the local level and [...] The post GJA
TWENTY-SEVEN students from the Elon University in North Carolina, USA have donated a large consignment of school supplies and an amount of GH?17, 000 to the Sokode-Etoe in the Ho municipality. The donation, which was in support of educational projects in the community, was presented when the students paid a goodwill visit to the Sokode-Etoe. The leader of the visiting [...] The post Elon
THE Ministry of Education (MoE) is considering introducing a Centralised University Admissions and Placement Service (CAPS) to ease the enrolment of students into all tertiary education in the country. The initiative is to replace the current stressful and expensive system of applying to different universities in Ghana. The Minister of State at the Ministry of Education in-charge of Tertiary Education, Prof Kwesi Yankah, disclosed this in a [...] The post Government
An Italian former communist militant captured in Bolivia is on a plane back to Rome, officials have confirmed. Cesare Battisti, 64, is wanted for four murders in Italy during the 1970s, which he denies committing. He was extradited after being found in Santa Cruz de La Sierra during an international police operation. After escaping from prison in Italy, Battisti lived [...] The post Bolivia extradites
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