Oil prices rose in volatile trading on Wednesday, supported by disruption of Russian and Kazakh crude exports via the CPC pipeline. Brent crude futures were up $3.13, or 2.7 per cent, at $118.61 a barrel at 1100 GMT. Prices had earlier fallen to a low of $114.45. U.S. West Texas Intermediate (WTI) crude futures rose … The post Oil rises in volatile trade amid CPC pipeline
The recent hike in the monetary policy rate by 250 basis points to 17 per cent by the Monetary Policy Committee (MPC) of the Bank of Ghana (BoG), will inevitably lead to an upward adjustment in average lending rates to businesses and individuals. The Monetary Policy Rate, which is of keen interest to businesses, signals … The post Hike in policy rate will affect
The Deputy Minister of Communications and Digitalisation Ms Ama Pomaa Boateng says cyber security plays a crucial role in accelerating Africa’s economic growth and development. She has therefore urged stakeholders of the cyber ecosystem to leverage on emerging technologies through cyber security for the socio-economic benefit of all Africans The three-day event is being attended … The post Let’s
Banking Consultant, Dr Richmond Atuahene has said Ghana will continue to face cyclical economic turbulence unless the government addresses the issue of structural imbalance in the economy. Atuahene said the huge importation of products at the expense of local products is not helping to fix the economic challenges. Speaking with KwakuNhyira-Addo on the Asaase Breakfast Show on Tuesday (22 … The post Fixing
Mr Andrew Egyapa Mercer, the Deputy Minister of Energy, says the government will create a special forex market to enable petroleum importers to have access to dollars for their trade. This formed part of measures being taken to contain the depreciation of the local currency (the Cedi) against its major trading currency, the dollar, which … The post Govt
The reconstituted board of the Ghana Museums and Monuments Board (GMMB) was inaugurated in Accra yesterday with a call on them to institute policies to promote the sector. The 10-member board included Dr Edith Dankwa, chairperson; Mr Kingsley Ofosu Ntiamoh, Acting Executive Director, Mr Hudu Issah, Nana Kodwo Eduakwa V, Nana Ofosuaa Ofori-Atta Ayim, Mr … The post GMMB
A nine-member Grains and Legumes Development Board was on Tuesday sworn into office by the Minister of Food and Agriculture, Dr Owusu Afriyie Akoto. The board is chaired by Mr Alexander Akwasi Acquah, with Mr Samuel Boadu, Mr Seth Osei-Akoto, Mr Francis Kwasi Adzalo, Mr Peter Oteng Darko, Dr Robert Agyeibi Asuboah, Mr Samuel Danquah Arkhurst, … The post Revive
The Chief of Bompieso in the Prestea-Huni Valley municipality of the Western Region, Nana Atta Brempong II, has argued for broad-based blueprint to propel Ghana’s development. Nana Brempong made these observations in an interview with the Ghanaian Times on Ghana’s development trajectory, nationalism, leadership and the education policy on the sidelines of an event for … The post Ghana
The Ghana Lebanon Islamic Secondary School (GLISS) in Accra on Saturday climaxed activities marking the Student Representative Council Week and Homecoming celebration. It was a joint collaboration between the school and GLISS Old Students Association (GLOSA), as part of their efforts to give back to their alma mater. Some of the activities they engaged during … The post GLISS holds SRC week,
An officer of the Ghana Immigration Service (GIS) in the Upper West Region, Assistant Immigration Control Officer, (AICO) Michael Otu, was on Tuesday, shot dead by unknown assailants suspected to be smugglers at Kokoligo a village located between Nandom and Hamile. The deceased, who was a member of the Operation Conquest Fist at the HamileDetachment, … The post Immigration
A former Chairman of the Public Interest and Accountability Committee (PIAC), Dr Steve Manteaw, says part of the country’s oil money should be invested and its dividend used to fund the Free Senior High School (SHS) programme. According to him, that would be a sustainable way to fund the programme instead of the current arrangement … The post Let’s establish
The Minister of Lands and Natural Resources, Samuel AbdulaiJinapor, is courting the support of mining companies towards transforming Ghana into a mining hub in Africa. He explained that currently, the government was focused on building linkages of the various value chains to create jobs and wealth. Among other things, he said, the government was working … The post Lands
President Nana Addo Dankwa Akufo-Addo has assured the public of the government’s commitment to address the economic challenges confronting the country. He said although the challenges were largely caused by global developments, his administration was capable of resolving it. “Many of the phenomena that we are facing are phenomena that are apparent in many parts … The post Council
The Trinity Theological Seminary (TTS), an interdenominational tertiary institution, yesterday launched its 80th-anniversary celebration in Accra. The year long anniversary celebrations would be on the theme “Trinity Theological Seminary: 80 years of Raising Christian Leaders and Resourcing Churches for Holistic Development.” Activities to be undertaken to mark the anniversary include the sensitisation of churches on … The post TTS
The Member of Parliament (MP) for the Ningo-Prampram Constituency, Mr Sam Nartey George, has encouraged his constituents to get vaccinated against COVID-19 because the disease was real.“I am passionate about COVID-19 because I lost some blossom friends through the disease and personally I got infected twice but I survived because I had been immunised,” he … The post Ningo-
The Concerned Zongo Citizens of Ghana (CZCG) has expressed worry about discrimination meted out to members in the Zongo communities in the ongoing Ghana Card acquisition exercise across the country. Alhaji Haruna Maiga, a spokesperson for the group, said “we have received varied complaints from individuals in some of the Zongo communities who go for … The post Concerned
The Minister of Sanitation and Water Resources, Ms Cecilia Dapaah, has said government will implement policies on groundwater, take actions and provide relevant services towards effective water supply, to enhance economic activities. She said government was working to improve the knowledge base and understanding of the hydro-geological setting in the country for reliable groundwater resources … The post Govt
Mr. Kobina Tahir Hammond, the Member of Parliament (MP) for Adansi Asokwa in the Ashanti Region, has berated the Minority for stifling business in the House. He wondered why the National Democratic Congress (NDC) legislators were misinterpreting the laws of the country, knowing the law was not always “commonsensical.” Mr K.T. Hammond made the observation … The post Adansi
Alfred Boye, an aspiring Greater Accra Regional Chairman, is optimistic the New Patriotic Party (NPP) will capture and win a landslide victory for parliamentary seats in Greater Accra Region in order to facilitate a smooth victory for party to break the eight years of political party power. According to him, the Greater Accra region had … The post ‘NPP will win more seats in GA/R in
Sam George, the Member of Parliament (MP) for Ningo-Prampram in the Greater Accra Region, has welcomed the decision by the Ministry of Communications and Digitalisation to extend the deadline for the nationwide Subscriber Identity Model (SIM) card re-registration, to July 31, 2022. He stated that the extension was in order as it responded to calls … The post Sam George
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