The management of GHACEM Cement has announced an increase in the price of its products. The new prices will take effect from Wednesday, 11 December 2019. A statement signed by the Commercial Director of GHACEM, Nana Phillip Archer, on Monday, 9 December 2019 said the upward adjustment is due to, among other things, the depreciation […]
WhatsApp has announced it will soon stop working on millions of phones around the world as they reach the end of their supported lifespan. That means users on a variety of older handsets could end up losing access to the messaging app. Facebook-owned WhatsApp has confirmed via its support page that it will stop supporting […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has turned on the valves for the use of natural gas from the country’s gas fields, instead of Heavy Fuel Oil (HFO), on the 450-megawatt Karpowership for the generation of power. This follows the relocation of the Karpowership from its original location in Tema to the […]
President Nana Akufo-Addo has granted executive approval for the expenditure of GHS15.6 billion to save the funds of depositors of the various financial institutions that have collapsed as well as shore up the liquidity of the financial sector. A letter addressed to the Minister of Finance, Mr Ken Ofori-Atta, by the President’s Executive Secretary Nana […]
Finance Minister Ken Ofori-Atta has failed to secure approval from the finance committee of parliament for an amount of 15.6 billion cedis for the banking sector clean-up. The additional amount, according to a memorandum to parliament from Mr Ofori-Atta on November 28, 2019, is to be used to “protect depositors of failed financial institutions and […]
Renowned economist Kwame Pianim says it will take a decade for confidence to be restored to the banking industry, following two years of sector reforms. The reforms saw the closure of some local banks and many other financial firms. Speaking in an exclusive interview on TV3‘s Business Focus on Monday, December 2, Mr Pianim said although the Governor […]
The Minister for Railways Development, Hon. Joe Ghartey, has assured the President of the Republic, Nana Addo Dankwa Akufo-Addo, that the Tema to Mpakadan Railway line will be completed in August 2020. Taking President Akufo-Addo on a tour of the project on Wednesday, 4th December, 2019, the final day of the President’s tour of the […]
The Ghana Union of Traders Association (GUTA) has asked their Nigerian counterparts at the Nkrumah Circle to be submissive if they want their closed shops opened. “At the end of the day, we may open the shops for them. If we go there this morning and they show remorse we will open it for them. […]
Chief Executive of Ghana Cocoa Board (COCOBOD), Joseph Boahen Aidoo has cautioned cocoa farmers that giving up their farms to galamsey operators will negatively affect COCOBOD’s capacity to build cocoa roads and continue with other development projects in cocoa farming communities. Beyond its business of regulating Ghana’s cocoa industry and marketing cocoa beans, COCOBOD undertakes […]
The National Service Scheme is set to go into the production of bottled and sachet water next year. Deputy Executive Director of the Scheme, Kwaku Ohene Djan says the move is a way of providing Ghanaians with relatively affordable options and also help in addressing the unemployment situation in the country. ‘‘We all know the […]
Telecoms industry regulator, National Communications Authority (NCA), has given MTN 24 hours to provide full explanation of the causes of the challenges MTN customers faced between December 1 and 2, 2019. The authority is also demanding a full report on the remedies put in place and measure to prevent a recurrence. Over the two days […]
The President of the Republic, Nana Addo Dankwa Akufo-Addo, has urged the leadership and membership of the Ghana Union of Traders Association (GUTA) not to take the law into their own hands in dealing with traders from Nigeria and other nationalities engaged in retail trade. In a meeting with the leadership of GUTA on Tuesday, […]
