Dancehall Artiste, Emmanuel Andrews Samini has been elected as the 2022/2023 President of the Students Representative Council (SRC) at GIMPA. The legendary Dancehall musician who is currently reading Business Administration at GIMPA polled 307 votes to win the election as against the 211 votes for his contender, Theophilus Quartey. Theophilus Quartey is a level 300 […]
Category: News
30 per cent cut in expenditures will help bolster cedi – Ofori-Atta
The Minister of Finance, Ken Ofori-Atta, has assured Parliament that the government and the Bank of Ghana (BoG) are on top of efforts to slowdown the depreciation of the cedi against its major counterparts. Mr Ofori-Atta said the 30 per cent in public spending this year was meant to augment policies by the central bank […]
48-hour ultimatum on CSIR lands: Over 100 structures pulled down
A team of security men detailed from the Greater Accra Regional Security Council (REGSEC) yesterday stormed the Animal Research Institute (ARI) of the Council for Science and Industrial Research (CSIR) to demolish hundreds of illegal structures that have mushroomed within the 200-acre land of the institute. The security men, from the Ghana Armed Forces, the […]
Reduce interest rates – Kennedy Agyapong to banks
The Member of Parliament (MP) for Assin Central, Kennedy Agyapong, has called on commercial banks to reduce interest rates to stimulate economic activity. “Interest rates in Ghana are very ridiculous and make it virtually impossible for local businesses to compete favourably with foreign companies,” he said. Mr Agyapong made the call during an engagement with […]
Energy Ministry, NPA and Central Bank to avert imminent fuel shortage – Senyo Hosi
The Chief Executive Officer of the Ghana Chamber of Bulk Oil Distributors, Senyo Hosi has said that stakeholders are working to avert any of fuel shortage in the country. He said this in response to a Bloomberg report that the country faces a looming fuel shortage. Speaking on Top Story, Tuesday, Senyo Hosi explained that government […]
NSS acquires 20,000 acres for commercial farming
The National Service Scheme (NSS) has acquired 20,000 acres of farmland in the Kumawu area of the Ashanti Region for a commercial farming estate. Known as Kumawu Youth Farm, the project will start with the cultivation of maize, rice and soya this year. The Executive Director of the NSS, Osei Assibey Antwi, who made this […]
Dealing with global crisis: Inspire new partnerships – Prez Akufo-Addo to EU
President Nana Addo Dankwa Akufo-Addo has called on the global community to inspire new partnerships to deal with global crisis, particularly the COVID-19 pandemic. He said the pandemic had reversed years of progress and revealed critical gaps in infrastructure in areas such as health care and digital connectivity. He also observed that global efforts to […]
Work hard to avert food crisis – Otumfuo charges Agric Minister
The Asantehene, Otumfuo Osei Tutu II has tasked the Minister of Food and Agriculture Dr. Owusu Afriyie Akoto, to do everything within his power to save Ghana from threats of food crisis in the midst of COVID-19 and the Russian-Ukrainian war. The King observed that the country, more than ever, would need the Minister and […]
OSP new board sworn into office
The Attorney-General (A-G) and Minister of Justice, Godfred Yeboah Dame, has sworn in the Board of the Office of the Special Prosecutor (OSP), with a pledge to support the office to spearhead a strong anti-corruption agency. He said the OSP, which is mandated to prosecute corruption and corruption-related offences in a manner devoid of the […]
MOMO loan not free money — BoG
Since the introduction of mobile money (MOMO) loans by the telecommunication companies (telecos), some of their customers have taken undue advantage of the opportunity. While some have taken the loans to either start or recapitalise their businesses, others have accessed the funds and misused it, hence their inability to pay. To prevent the telcos from […]
Explosion at Kumasi Shoe factory
An explosion has occurred at the Kumasi Shoe Factory located at Atonsu-Agogo in the Ashanti region. A gas tanker discharging fuel at the company reportedly caught fire resulting in the explosion. The area has been cordoned off by Police as firefighters battle the flames. Eyewitnesses say the tanker was discharging gas into the company’s cylinder […]
Dram Oil sues Deloitte and Touche, demands payment of more than $187m
Oil Trading Company, Dram Oil and Trading Limited has sued auditing firm, Deloitte and Touche at the Commercial Division of the Accra High Court. The company is accusing the firm of breaching its duty of care as well as being negligent in putting together a report. Dram Oil wants the court to order the recovery […]